LoopingOne, the most flexible KYC and Payments platform for Marketplaces and Platforms has closed its first seed round from Ebury, one of the world's largest fintech companies offering financial solutions to simplify international trade.

The commercial world is experiencing rapid digitisation and the payments industry is no exception. Consumers see payments as a commodity, expecting a variety of payment methods to be available at the checkout, and for those methods to work in a convenient and secure nature every time. 

Cryptio, an enterprise-grade back-office platform, has secured $10 million in a Series A round led by Point Nine, early investors in Chainalysis, Zendesk, and Revolut. 

Other participants include BlueYard, Alven, Coinshares, Avantgarde Finance, Protocol Labs, and Draper Associates. Senior executives from Twitter, GoCardless, Fireblocks, and Ledger also participated in the round as angel investors. 

Karan Shanugarajah is CEO and Co-Founder of WealthKernel, a supplier of investment infrastructure for companies looking to offer digital investment services. It is a vertically integrated and one-stop-shop provider of various services, such as client onboarding, trading, and custody. WealthKernel’s infrastructure is optimized for the delivery of investment and wealth-management services to non-traditional clients. 

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Digital payments company Pomelo Pay (Pomelo) announced a partnership with Dialog Axiata PLC (Dialog), Sri Lanka’s premier connectivity provider, to consolidate and provide an enhanced payment platform for Small and Medium Enterprises (SMEs) in Sri Lanka, helping them to digitalise and accept payments.

PayU, the leading online payment service provider operating in 50 emerging markets, announces that it is strengthening its foothold in Africa with expansion into Ghana and a number of strategic product updates: Payflex in South Africa, as well as both

Digital bank Zopa has entered the BNPL space with a suite of fully regulated products that prioritise transparency and customer protection.
 
Setting its sights on the UK’s £6 billion BNPL market, Zopa brings a simple and fair option for larger purchases (£250 - £30,000) that may take customers months or years to save up for.
 

Kroll, the leading provider of data, technology and insights related to risk, governance and growth, has found that over a quarter (26%) of UK risk experts expect bribery and corruption risks for their company to increase this year compared to 2021.

Leading wealthtech platform provider Nucoro has announced that its client HeyTrade, a Spanish-based fintech, has launched a new global
investment platform that simplifies investment in stocks and ETFs across 12
European and US markets. New entrant, HeyTrade, leveraged the Nucoro
platform to create a fully realised platform in just under a year.