Ravio has raised a $12m Series A funding round led by Spark Capital (US) with participation from Blackbird (Australia) and Cherry Ventures (Europe) to modernise how companies manage compensation with real-time market data and decision making tools.

Ravio counts leading consumer brands like Just Eat Takeaway and Octopus Energy among its customers, alongside fintech leaders such as Wise, Adyen, and Mollie. Popular tech names like Zoopla and Skyscanner have also chosen Ravio to set their compensation strategies.

Monmouthshire Building Society has selected Phoebus to provide account servicing solutions to its 90,000 mortgage and savings members.

The partnership is announced following a market-wide vendor selection process lasting several months.

Vine Financial, a commercial lending accelerator for banks and credit unions, announced that Freedom Bank is using its commercial lending technology to better serve its local businesses and their financial needs.

Taxbit, the enterprise-grade tax and accounting compliance platform for digital assets, continues to expand globally by appointing six executives in Austria, Brazil, Italy, Norway, Spain, and the UK. The executives bring regulatory knowledge and policy development experience to Taxbit’s growing team of regional experts. 

Newfront, the tech-driven specialty insurance brokerage headquartered in San Francisco, announces that Andrew Hersh has joined the firm as National Security Practice Leader. Based in Philadelphia, Hersh will help strengthen the firm’s expertise in delivering tailored risk management solutions for clients in the national security sector and other industries facing evolving threats.

The systemic importance of high-value payments to banks’ operations and offering – and, by extension, the global economy – means they are almost always a key priority when exploring a new payments product or initiative.

So, what are the specific considerations and challenges that high-value payments present? And what capabilities must payments processing solutions possess to ensure secure and seamless transactions?

Duna's platform for compliant business identity helps large enterprises like Plaid, Bol, Moss, Sequra, and Brand New Day Bank to grow their customer base while adhering to increasing regulation like AMLD5/6, PSD2/3, DAC7, DORA and the Supply Chain Transparency Act. Over time, Duna’s product will evolve into a network for shareable business identity: making business identification as simple as two clicks. The product drives substantial business impact: within six months, onboarding conversion has gone up around 38% for enterprises.

Efficient expense management is one of the daily challenges for companies worldwide. Especially in times of rigorous cash management requirements, the CFO office in the German mid-market plays a significant role in contributing to business success. Circula automates expense management with its modular platform, from automatic receipt capture and AI-powered verification of booking data to the tax validation of records. As a result, Circula reduces manual effort by an average of 80% and shortens monthly closing processes by several business days.

Form3, the leading cloud-native account-to-account payments platform, today announced it is the only provider in live production delivering zero-downtime payment processing via a true multi-cloud architecture and a single code base. The platform currently processes over 4 billion in annual transaction volume for tier one banks including Mastercard, Nationwide, Lloyds, and Barclays.

Today, we’re announcing a milestone transaction: Coinbase has entered into an agreement to acquire Deribit, the world's leading crypto options exchange with approximately $30 billion of current open interest . This strategic acquisition significantly advances Coinbase’s derivatives business, establishing us as the premier global platform for crypto derivatives.