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Digitised Technology to Drive Financial Inclusion in Africa and the Middle East

If we consider that in our developing digital world there remain hundreds of millions of digital natives who require better access to essential financial services, providing them with the means to pay and get paid from anywhere in the world would be truly liberating.

Friday, March 15, 2024 - 12:05
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/blog/ecommerce-payments-economy/digitised-technology-drive-financial-inclusion-africa-and-middle
Financial IT
Open Makes Bold Entry into UK Insurance Market with SO-SURE Acquisition to Boost Global Expansion

Open, a global leader in embedded insurance is set to strengthen its foothold in the UK insurance market with its strategic acquisition of SO-SURE, a UK-based InsurTech.

The acquisition of SO-SURE closed on Monday, 11th March 2024, and will see Open leverage the UK-based insurtech’s award-winning mobile protection and contents products as a catalyst for accelerated growth within the UK.

Friday, March 15, 2024 - 11:25
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/news/insurtech/open-makes-bold-entry-uk-insurance-market-so-sure-acquisition-boost-global-expansion
Financial IT
Umerah Akram Joins Fintech Platform Floww as Chief Operating Officer
Floww, the fintech platform reshaping the private markets, has appointed Umerah Akram as Chief Operating Officer (COO). 
 
Friday, March 15, 2024 - 11:14
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/news/people-moves/umerah-akram-joins-fintech-platform-floww-chief-operating-officer
Financial IT
Uplinq Bolsters Leadership Team with Addition of Derek Ellington as Strategic Advisor
Uplinq Financial Technologies, the first global credit decisioning support platform for small business lenders, today announced the addition of prominent financial services leader Derek Ellington as strategic advisor. In this role, Ellington will work closely with current and prospective Uplinq clients, as well as Uplinq’s internal team, to help advance the company’s mission of expanding access to fair and ethical credit for small businesses globally. 
 
Friday, March 15, 2024 - 10:50
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/news/people-moves/uplinq-bolsters-leadership-team-addition-derek-ellington-strategic-advisor
Financial IT
Eye Security Secures €36 Million in Series B Funding

Eye Security has announced a €36 million Series B investment led by J.P. Morgan Growth Equity Partners with participation from existing investors Bessemer Venture Partners and TIN Capital. The funding round marks a new chapter in Eye Security's mission to protect businesses across Europe.  

Friday, March 15, 2024 - 09:15
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/news/fundraising-news/eye-security-secures-eu36-million-series-b-funding
Financial IT
Flagstone Receives £108M Investment from Estancia Capital Partners

Flagstone, the UK’s leading cash deposit platform, has announced a £108 million ($138 million) equity investment by Estancia Capital Partners, a US financial services specialist private equity firm with deep expertise in the cash management market. Under the terms of the deal, Estancia takes a minority stake in the Flagstone business.

Friday, March 15, 2024 - 09:08
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/news/fundraising-news/flagstone-receives-ps108m-investment-estancia-capital-partners
Financial IT
Checkout.com Recognized for Its Digital Payment Performance in Report by Global Analyst Firm

Checkout.com, the leading global digital payments provider, was today named a 'Strong Performer' in The Forrester Wave™: Merchant Payment Providers, Q1 2024 report.

Friday, March 15, 2024 - 08:55
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/news/payments/checkoutcom-recognized-its-digital-payment-performance-report-global-analyst-firm
Financial IT
West Monroe and Backbase Enter Partnership to Accelerate Digital Capabilities for Banks and Credit Unions

West Monroe, a business and technology consulting firm, and Backbase, the global leader in Engagement Banking, today announced their strategic partnership to help accelerate the digital transformation of the U.S. banking industry. 

Friday, March 15, 2024 - 08:52
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/news/banking/west-monroe-and-backbase-enter-partnership-accelerate-digital-capabilities-banks-and
Financial IT
Nordic Capital to Invest in Leading Digital Insurance Payments Network One Inc to Drive Continued Growth and Product Innovation

Nordic Capital, one of the most active and experienced investors in Technology & Payments globally, today announced that it will join Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, as an investor in One Inc (the “Company”), a digital payments platform specializing in modernizing the insurance industry in North America.

Friday, March 15, 2024 - 08:47
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/news/fundraising-news/nordic-capital-invest-leading-digital-insurance-payments-network-one-inc-drive
Financial IT
Worldline Italia Enters Into Exclusive Negotiations With Cassa Centrale Group to Launch a Business Partnership in the World of Payments

Worldline, a global leader in payments services, has been chosen by the Cassa Centrale Group to pursue exclusive negotiations for a long-term partnership in the acquiring world. The collaboration involves the provision of services along the value chain of digital payment acceptance and international acquiring for the 66 Group's Bank Affiliates, owning 1,480 branches in Italy.

Friday, March 15, 2024 - 08:40
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/news/payments/worldline-italia-enters-exclusive-negotiations-cassa-centrale-group-launch-business
Financial IT

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