Prove Identity, Inc. ("Prove"), a global leader in digital identity solutions, has announced a $40 million funding round led by MassMutual Ventures and Capital One Ventures.

Fenergo, the leading provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring and Client Lifecycle Management (CLM), today announced that Generali Investments Holding – holding company of Generali Investments’ ecosystem of asset management firms, with more than €504bn in assets under management (AUM) – is deploying Fenergo’s software-as-a-service (SaaS) CLM to enhance its anti-money laundering (AML) compliance processes.

Global B2B payments and invoicing network TreviPay today announced the launch of the Financial Partner Gateway, a new suite of APIs for financial institutions looking to expand commercial offerings.

Globacap, has today announced the successful completion of a $21m Series B round of funding as the firm ramps up its drive to digitise and automate the world’s private capital markets. 

Investors include capital markets heavyweights Moore Strategic Ventures, LLC, Cboe Global Markets, Inc., and the Johannesburg Stock Exchange (JSE), as well as GABI Ventures and leading Asia-focused investment firm, QBN Capital. 

Open wealth platform Flanks has secured $8 million in a Series A round led by Earlybird Venture Capital, and followed by the existing investors JME Ventures and 4Founders Capital.

From August 2024, large banks in Switzerland shall be able to  process Instant Payments. The European Commission even goes one step further and wants to  make Instant Payments the "new normal" in the SEPA system. In addition to high availability,  "Instants" are to become cheaper, more trustworthy, and easier to process. Additional services,  such as the IBAN-name-check, to show discrepancies between the name of the payee and the  IBAN, should ensure fewer errors in transfers.

Darwinium, a next-generation digital security and fraud prevention platform, today announced it has raised $18 million in Series A financing led by U.S. Venture Partners (USVP), with participation from seed investors: Blackbird, Airtree Ventures and Accomplice.

MiFinity, a global leader in digital payment solutions, is proud to announce a new innovation in the way customers can sign up for its eWallet. As part of MiFinity’s ongoing mission to continually enhance user experience, the MiFinity eWallet now has a more streamlined sign-up process that not only simplifies the onboarding journey for customers but also raises the bar for industry-leading usability, accessibility, and security.

Nova Credit, the data analytics company enabling businesses to grow responsibly by harnessing alternative credit data, announced it raised $45 million in Series C funding.