Nium, the leader in real-time cross-border payments, announced today that it is the first non-Japanese company to have secured a Type 1 Funds Transfer Service Provider (FTSP) license from the Japanese Financial Services Agency (JFSA).

Railpen, the fiduciary and investment manager of the UK railways’ pension schemes, has appointed BNY Mellon, the global financial services company, to provide a cloud-based data platform that simplifies its data architecture and supports the resilience of its operating model. The platform will deliver greater insights from Railpen’s proprietary data for the purpose of investment reporting and generating analytics.

Mastercard and MTN Group Fintech have signed a multi-market agreement that will set in motion a new era of collaboration to connect millions of people and small businesses across Africa with digital tools to transact through secure mobile payments, expanding access to the benefits of the cashless digital economy.

TerraPay, a global leader in cross-border payments, is pleased to announce a strategic partnership with Banco G&T Continental, a distinguished financial institution in Guatemala. This collaboration marks TerraPay's first direct partnership in Central America and is a significant advancement in the cross-border remittance sector, aimed at providing seamless and innovative solutions for Guatemalans abroad to securely send money to their families back home.

Bilt Rewards (“Bilt”), the leading loyalty platform specializing in rent and neighborhood rewards, today announced a $200 million equity investment, led by General Catalyst, with significant contributions by Eldridge, alongside existing investors Left Lane Capital, Camber Creek and Prosus Ventures. This catapults the company's valuation to $3.1 billion.

Airwallex, a leading global payments and financial platform for modern businesses, today announced the expansion of its global leadership team, with three new hires based out of the company’s Americas headquarters in San Francisco. Jason Gottlieb joins as VP, Financial Partnerships, Hugo Buret as Global Head of Strategic Partnerships, and Ankur Goel as Global Head of Revenue Operations. 

As brands rushed to build seamless and effective omnichannel presences at the start of the pandemic, consumers benefitted from more choice and a renewed focus on better experiences. In the wake of that rush, we now get relevant and personalized experiences when we engage with streaming services, retailers, online grocery platforms and beyond, and have come to expect the same level of tailored service across the board.

Stripe, a financial infrastructure platform for businesses, has signed agreements with investors to provide liquidity to current and former Stripe employees through a tender offer at a $65B (€60B) valuation. While the majority of funds for the tender offer are being provided by investors, Stripe will also use a portion of its own capital to repurchase shares to offset dilution from the Company’s employee equity compensation programs.

FullCircl, a UK-based SaaS platform that removes the regulatory and verification roadblocks to drive revenue growth, is excited to announce the launch of its first white label orchestration platform through W2 by FullCircl to help regulated businesses onboard more customers and meet regulatory requirements.

Coverdash, the fastest-growing startup and SMB-focused-insurtech, today announced $13.5M in Series A funding. This financing comes within one calendar year of Coverdash’s oversubscribed Seed round, bringing the company’s total funding to $16M to date.