Omnichannel InsurTech Qoala announced the completion of its Series C funding round, raising USD 47 million led by PayPal Ventures and MassMutual Ventures.

Payop, an international payment processor and a payment aggregator, has partnered with Tink, a market-leading payment services and data enrichment platform, to add Pay by Bank to its checkout options. Payop works with a variety of merchants from small e-commerce stores to large enterprises, offering a unique checkout solution with numerous payment solutions.

Plumery, a digital banking experience platform for true customer-centric banking, is pleased to announce its availability on Google Cloud Marketplace. This marks a significant milestone in Plumery’s mission to guide challenger and incumbent banks in developing customer experience layers that help them to deliver banking mobile and web applications 50% faster, at a fraction of the cost, unlocking rapid continuous innovation.

It’s not so long ago that every financial transaction we wanted to make involved leaving the house and physically handing over notes and coins. 

In the past people often made the weekly walk to the local branch of their building society to pay their mortgage in cash. Paying gas and electricity bills meant going to the Post Office. Even transferring money to a friend or family member involved writing a cheque, putting it in an envelope and walking to the post-box.

Ebury, the global financial services firm, is proud to announce its partnership with dLocal, a leading cross-border payment platform specializing in high-growth markets.

This collaboration marks a significant leap forward for Ebury, reinforcing its commitment to empowering businesses with seamless access to Emerging Markets across Africa.

ZayZoon, the leading Earned Wage Access (EWA) provider for small and mid-sized businesses, today announced it has raised US $15 million in an extension of its Series B financing. This round extension brings ZayZoon’s total Series B funding round to 49.5 million USD. The round was led by Viola Fintech with participation from Intuit Ventures and existing investors Framework Venture Partners, and Export Development Canada (EDC).

Sift, the AI-powered fraud platform securing digital trust for leading global businesses, today released its Q1 2024 Digital Trust & Safety Index, which found that younger generations are not only more susceptible to fraud, but are also committing it at a higher rate. The report shows that 33% of Gen Z survey respondents know someone who has, or have personally, participated in payment fraud, compared to only 10% of Baby Boomers.

Varo Bank, N.A., the first nationally-chartered consumer tech bank in the U.S., today announced the introduction of two new products designed to help Americans relieve growing financial pressure.