Upvest, Europe’s leading investment infrastructure provider, has raised a €100 million Series C funding round. This landmark fundraise has been led by Hedosophia, and joined by Sapphire Ventures. The round also saw continued support from existing investors including Bessemer Venture Partners, BlackRock, Earlybird, HV Capital, Motive Ventures, and Notion Capital.

A recent survey conducted by Chargebacks911, the global chargeback technology leader, revealed that on average, 45% of all chargebacks filed against merchants stem from misuse or outright abuse—a practice commonly referred to as “friendly fraud.” Major card networks like Visa and Mastercard say this number can be as high as 75% for some merchants.

Episode Six, a leading global provider of enterprise-grade payment processing and ledger infrastructure announces a strategic partnership with Muloot, a new financial services brand from Aspire Commerce Group. 

As part of the collaboration, Episode Six will enable Muloot to offer debit cards and card transaction processing services to its thousands of business and personal customers from Q1, 2025. 

Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region has invested in Zodia Custody, a prominent institution-first digital asset custodian. 

The strategic equity investment was made by Emirates NBD’s Innovation Fund, the bank’s corporate venture fund. Created in 2023, the fund strengthens the bank’s digital ambitions and regional expertise in synergy with the agility and technological innovations of FinTech companies. 

TBC Bank Uzbekistan, the country’s largest digital bank, announces the launch of Osmon Card, its first credit card product. 

Osmon Card is set to elevate the credit card experience for consumers in Uzbekistan, offering an unparalleled range of benefits, including rapid approval process, free issue and delivery, a 55-day interest-free period, as well as the most competitive APR and minimum payment requirements on the market.

Flocash, a leading payment solutions provider across Africa and the Middle East, is pleased to announce its partnership with Triple-A, the multi-licensed digital currency payment institution allowing Flocash to accept stablecoin payments from travel agencies across its markets.

Rapid Finance, a leading small business financing platform specializing in providing customized solutions, announced its partnership with UBIZ Venture Capital, a non-profit Community Development Financial Institution (CDFI) dedicated to serving minority and disadvantaged businesses. Through this partnership, UBIZ successfully modernized its lending operations by integrating Rapid Finance’s loan origination system (LOS), Decisioneer, and its pre-built i

Volante Technologies, the global leader in Payments as a Service (PaaS), today announced the release of its fourth annual