The Payments Group (TPG), a new global payments company, has announced a deal with online dating giant, HubPeople. HubPeople is an AI-based software platform that powers many of the world's top dating applications and websites, which have a combined 100m users worldwide. For the first time, anyone using a HubPeople-powered dating brand will now be able to pay for their dating subscriptions in cash with TPG's award winning CashtoCode service.

iwoca, one of Europe’s largest SME lenders, announces a new £200m package of debt funding from Citi and Waterfall Asset Management and doubles its SME loan offer ceiling to £1 million. The funding follows a series of investment rounds in the past two years, attracting £740m debt funding from partners including Citi, Barclays, Värde Partners, Pollen Street Capital, and Insight Investment. This takes investment in the business to almost £1.5bn since launching in 2012. 

Revolut Business, the global fintech trusted by hundreds of thousands of businesses, has published a study, conducted in partnership with Dynata, showing that international businesses are turning away from ‘legacy banks’ to manage their financial needs, echoing the sweeping changes seen in consumer banking. The findings come as the company launches Revolut Business 5, the fifth generation of its financial management platform for businesses.

Thunes, the Smart Superhighway to move money around the world, today welcomed 

Travelex, a market leading foreign exchange brand, has launched a major refresh of its international ATM estate, replacing the hardware and software of its entire portfolio of 600 ATMs across eight countries. The new portfolio unlocks a wide range of innovative new features for Travelex customers, including contactless cash withdrawals.

Yuno, the world’s leading payment orchestrator, announced the launch of Smart Routing, a revolutionary payment solution that uses Yuno’s proprietary data and intelligent algorithms to automatically route payments through the most efficient pathways. The announcement was made at Web Summit, an event focused on the latest in global technology innovation.

Satispay – the innovative payment network that reached unicorn status in September 2022 following a funding round led by Addition – has completed a new capital increase of €60 million, bringing total funds raised to over half a billion euros.

Customer
Headquartered in Louisville, Kentucky, Republic Bank is one of the most innovative and forward-looking banks in the US, with 42 full-service banking centers across five states and assets of $6.2 billion.

Challenge
The third party monitoring tool in use was showing its age. The interface was difficult to use and navigate, particularly when there was an issue that had to be resolved and insights were needed fast.

UniCredit S.p.A. ("UniCredit") and Alpha Services and Holdings S.A. ("Alpha") announce that, having received approvals from all relevant authorities and following completion of the due diligence process, UniCredit has acquired from Alpha International Holdings S.M.S.A., 100% subsidiary of Alpha, a 90.1% stake in Alpha Bank Romania S.A. ("Alpha Bank Romania") in consideration of (i) 9.9% of the share capital of UniCredit Bank S.A. ("UniCredit Romania") and (ii) circa Euro 255 million in cash.

Ebury, the global financial technology firm, is delighted to announce that is has become the new “Official FX Partner” of notable Spanish football club, C.D. Leganés. 

Ebury offers a range of international trade services across payments and collections, FX risk management and strategies in over 130 currencies for major and emerging markets, cash management strategies and business lending.