Klarna, the AI-powered global payments network and shopping assistant, has signed an agreement with J.P. Morgan Payments that will, for the first time, make Klarna’s Buy Now, Pay Later (BNPL) payment options available to businesses that rely on J.P. Morgan Payments for payment processing.
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Zeta, a next-gen banking tech provider to financial institutions globally, today announced it has secured a $50 million investment from a strategic investor valuing it at $2 billion. Zeta had previously been valued at a pre-money valuation of $1.15 billion when it raised $250 million from Softbank Vision Fund 2 and other marquee investors in 2021.
Rimes, a leading provider of EDMaaS (enterprise data management-as-a-service) and investment platform solutions to the global investment community, is pleased to announce the appointment of Greg Nuckowski as Global Head of Professional Services.
nCino, Inc., the leading provider of intelligent, best-in-class banking solutions, today announced the acquisition of Sandbox Banking, a digital transformation leader serving the financial services industry.
In October 2024, Hurricane Milton devastated Florida’s Gulf Coast, leaving a trail of destruction that significantly disrupted the U.S. food supply chain. Among the most affected was the citrus industry, with Florida's orange crops suffering from extensive damage. This event, combined with pre-existing challenges such as disease and climate variability, led to a 42% increase in retail prices for orange juice concentrate in the U.S. and a 25% rise in fresh orange juice prices in the U.K.
Oxbury, the UK’s only bank dedicated to agriculture, food, and farming, will today (Thursday 6 February) launch a new globally unique facility for farmers to support them in making sustainable changes to their farming practices.
Travel debit card Currensea launches its new Pro membership offering cardholders access to the best foreign exchange (FX) rates on the market - typically over 0.5% cheaper than “fee free” cards from challenger banks and over 3% cheaper than high street banks.
Raenest, the global multi-currency accounts platform for individuals and businesses across Africa, today announced the completion of its $11M Series A funding. The round was led by QED Investors, with participation from Norrsken22, alongside follow-on investment from Ventures Platform, P1 Ventures, and Seedstars. This equity-based capital injection brings Raenest’s total venture funding to $14.3M.
Today, Mambu announces the success of its partnership with Money DD, a subsidiary of the Government Savings Bank (GSB) of Thailand. The partnership has supported the launch of the “Good Money” application, offering new opportunities for underserved Thai citizens.
Award-winning SME lender 365 Finance has expanded into the Republic of Ireland, supporting the growth of Irish businesses and entering the EU marketplace.
The funder’s international growth strategy is to leverage the company’s highly automated AI-powered lending platform in other markets.