Tokyo Stock Exchange, Inc. and global Fintech leader, Broadridge Financial Solutions, Inc. are pleased to announce the launch of the direct connection between CONNEQTOR, TSE’s platform for trading exchange traded funds (ETFs) and Xilix, Broadridge’s execution management system (EMS).

Fintech Hub LT, the largest association of licensed Fintech companies in Lithuania, will be headed by Ms Greta Ranonyte. She replaced Vaiva Amule, who had led the association for almost three years.

Before this position Ms Ranonyte worked at the Ministry of Finance of the Republic of Lithuania as an advisor to the credit and payment markets division of the financial market policy department. She was also responsible for drafting the national Fintech strategy of Lithuania for 2023-2028.

Viva.com, a leading European cloud-based neobank, today launches two new product features designed to simplify business operations across the continent.

The first new feature, Real-Time Settlement, allows the Viva.com merchant community near-instant access to funds. Transactions are now settled in up to 60 minutes, compared to the previous next-day settlement scheme.

Ebury, the global financial technology firm headquartered in London, has unveiled its new office with a global training centre in Malaga, Spain, to support the growing demand for its international trade solutions and services.

With over €1.2 million spent on its renovation, the new facility will act as a hub for Ebury’s global operations as well as provide an attractive centre for technical training opportunities.

ila Bank, the fast-growing digital mobile-only Bank powered by Bank ABC, has now made it possible for - its debit, credit, and prepaid cards customers to make payments through Samsung Wallet. With the addition of this payment service, ila card users have a new convenient way to make secure payments while they are on the go. 

Allica Bank is today exposing a hidden £7.5 billion a year savings penalty on the country’s hard-pressed SMEs – and is calling on the wider banking industry to give SMEs a better deal.

While the cost-of-living crisis has led to significant pressure on banks to pass interest rate rises on to personal savings customers, Allica’s research has revealed a hidden savings penalty of more than £7.5 billion a year for SME bank customers - who are facing an equally tough cost-of-business crisis. 

Statement, a groundbreaking enterprise cash flow management platform, recently secured $12m as part of its seed funding initiative.

Finzly, a provider of cutting-edge payments infrastructure for financial institutions, announced today that it has closed a Series A funding round of $10M with TZP Growth Equity. The funding will be used to accelerate Finzly’s expansion as it continues to meet the growing needs of financial institutions for digital transformation.

Beluga, a trusted crypto platform that onboards and guides new users through their crypto journey, announced today a $4M seed round from some of the most well-known crypto and FinTech investors. The round was led by Fin Capital with participation from Anagram, UDHC, Dispersion Capital, Aptos Labs, 2 Punks Capital, Borderless Capital, Kyber Capital, 186 Ventures, W11 Capital, Rubik Ventures, and more.

Creditly Corp., dba Credit Genie, a leading digital personal finance platform that has served more than one million Americans, announced today the successful completion of an additional funding round, securing $10 million in capital, bringing its total financing to $21 million. The funding was led by Khosla Ventures, with participation from Tippet Ventures.