Zimpler, a leading fintech company born in Sweden, announced today the launch of its Paylink solution. Brommapojkarna, the largest football club in Europe*, were the first to try it out.

On the occasion of International Day of Banks, celebrated globally by the banking fraternity on December 4, B2B lending and compliance fintech Jocata announced pan-India rollout of SME DNA score, a proprietary AI/ML based risk and business intelligence score – after having successfully beta tested the model on the GSTN filings of over 20,000 MSMEs with two of the top Indian private lenders and one of the largest development banks in the country.

Teampay Raises USD47M in Series B Funding

Partnerships 

Paymentology Customer, Tweeq, Among First Fintechs in Saudi Arabia to Receive License from Saudi Central Bank

The financial industry is rightfully alarmed by the increase in both the amount and sophistication of data-centered attacks – primarily ransomware. 

We’ve all read the news. This is no longer a question of if, but how. 

The last two weeks have not been good for the reputation of blockchain industry. The collapse of the crypto exchange, FTX, has put bad actors and the unregulated trading of cryptocurrency into the spotlight. In more regulated spheres, we saw the $250m write-off by the Australian Securities Exchange (ASX) that pulled the plug on its supposed, world-leading blockchain project.

Tonik Financial Pte. Ltd. (Tonik), the parent company of Tonik Digital Bank, Inc. in the Philippines, has entered into a landmark agreement with Tendo Payment Solutions Pte. Ltd. (Tendo) to acquire its Philippine business, operating under the brand name “TendoPay”.

This deal, which is subject to approval of relevant government authorities, is set to further cement Tonik’s leading position in digital credit inclusion in the Philippines.

Teampay, a New York-based provider of a purchasing platform, raised $47M in Series B funding.

The round, which brought total funding to $65M, was led by Fin Venture Capital, with participation from Mastercard, Proof Ventures, Trestle, and Espresso Capital.

TS Imagine, a global leader in trading, portfolio and risk management solutions for capital markets, has announced the appointment of David Haynes to head up the Quality Assurance Team in New York.

As the head of Quality Assurance, David will be responsible for all aspects of the QA process for both Trading and Risk.