Global Payments is to acquire smaller rival EVO Payments for nearly $4 billion in an all-cash deal that will extend its reach in the B2B sector. 

Headquartered in Atlanta, EVO currently offers merchant acquiring and payments processing services to more than 550,000 merchants in over 50 markets and 150 currencies.

Savana, a financial software player that helps banks and fintechs go digital, has raised $45 million in a Series A funding round led by growth-stage investor Georgian.

Fintech giant Fiserv, which has a reseller agreement with Savana, joined the round.

Elfin Market, the UK-based peer-to-peer lender, is pleased to announce the launch of the new “Elfin Card”, the world’s first peer-to-peer payment card.

TrueLayer, Europe’s leading open banking platform, today announces its partnership with WealthOS, the innovative SaaS platform that accelerates digital adoption and innovation for wealth managers.

World-leading cryptocurrency platform OKX has today introduced its new-and-improved P2P (peer-to-peer) Trading platform. The service not only allows users to trade seamlessly between one another but makes safe, reliable P2P trading available to a far broader range of users.

SC Ventures today announced the launch of Appro, a fintech startup that digitises, streamlines and simplifies the retail banking user journey. Backed by SC  Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, the bank agnostic platform aims to reduce the time taken to complete the application processes for retail banking products – such as credit cards and personal loans – from several hours to just three minutes. 

Growth Intelligence has secured £1.5m of funding from Shard Credit Partners through its UK  technology-focused venture debt fund. This marks the third investment made by Shard Credit  Partners’ new fund and the first since its successful first close which was announced in June 2022.  

BVNK, the crypto-powered business banking and payments platform, today announces that it has appointed Jonathan Cumberlidge as its FX (foreign exchange) Sales Director. Cumberlidge joins the company as it seeks to disrupt legacy FX payments and OTC (over-the-counter) trading infrastructure and processes with a faster, more transparent, and more cost-effective alternative based on crypto. 

Radware®, a leading provider of cyber security and application delivery solutions, announced it signed a reseller agreement with DataBank, a leading provider of enterprise-class colocation, connectivity, and managed services. Based on the agreement, DataBank will offer Radware’s Cloud DDoS Protection and Application Security solutions to customers interested in enhancing the cyber defence levels around their data centre assets.

Monument Bank, UK’s first neo bank focused on the needs of the ~4.8 million ‘mass affluent’, has partnered with Persistent Systems, a Global Digital Engineering provider to build a bespoke, cloud-native digital banking platform for lending and deposit services to support Monument’s ongoing operations. Monument’s target clients are usually pressed for time and often feel underserved and undervalued by other banking providers.