Saudi-based Retail enablement company, Zid, has successfully raised $50 million (~188 million SAR) in a Series B funding led by IMPACT46 with participation from new investors: Aramco venture capital arm (Waed Ventures) and Endeavour Catalyst. Previous investors: Global Ventures, Elm Company, Arzan and MSA also participated.

Paytrix, a payments curation platform for global marketplaces, today announces that it has secured £5 million of new capital. The investment round was led by Hambro Perks, an international investment firm focused on private investing, alongside investment from Bain Capital Ventures, Fin VC, Better Tomorrow Ventures, The Fintech Fund and a number of notable angel investors.

GoCardless, a global leader in direct bank payments, has signed Crowdz, the small and mid-sized enterprise (SME) finance platform, as its latest customer as the company looks to integrate open banking to enhance its ability to drive equitable access to finance for small businesses.

Spice Money (a subsidiary of DiGiSPICE Technologies), India’s leading rural fintech, which is revolutionizing the way Bharat banks, announced the appointment of Usha Murali as Chief Compliance & Risk Officer (CCRO).  Her appointment aims to strengthen the company’s regulatory compliance framework and become the country’s most trusted rural fintech player.

Mintus, the fractional art investment platform, today announced its first major partnership in the discretionary fund management and wealth management sector as it seeks to expand its global reach.

India’s leading credit-led, AI-driven financial wellness platform, CASHe, today announced that it has partnered with Indian Railways Catering and Tourism Corporation (IRCTC), India’s largest e-commerce player, to provide a Travel Now Pay Later (TNPL) payment option on its travel app, IRCTC Rail Connect.

Payhawk, the fast-growing spend management platform, which combines company cards, reimbursable expenses, and accounts payable in one solution, today announces the launch of the Payhawk Solution Partner Program. This completes a big month of releases for Payhawk, which released new credit card products in the US and UK at the end of September and recently recorded year-to-date revenue growth of 520%.

Funding Circle, the leading online platform for small business loans, announced today that it is now operational in Nevada, allowing it to provide the s

Outseer, the leader in payment authentication and monitoring solutions, has today released a new study that finds £95 is reported lost to fraudsters every second in the UK. Outseer studied data of all the reported incidents of fraud to Action Fraud – the UK's national reporting centre for fraud and cybercrime – between 1st July 2021 to 30th June 2022. Fraud is now a national crisis; one case was reported to Action Fraud every 85 seconds and reported losses totalled over £3 billion during this single 12-month period.

Paris Blockchain Week, the leading international conference dedicated to professionals in the blockchain and Web3 space, will be hosted at the Carrousel du LOUVRE in the heart of Paris’ historic palace and largest museum in the world from 20th to 24th March 2023.