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Wealthsimple Announces $750 Million Equity Round at $10 Billion Post-Money Valuation to Accelerate Growth

Wealthsimple, Canada’s leading financial innovator, today announced it has signed an equity round of up to CAD $750 million at a post-money valuation of CAD $10 billion. The round, which includes both a $550 million primary offering and a secondary offering of up to $200 million, is co-led by Dragoneer Investment Group and GIC, and signals deep conviction from world-renowned investors in Wealthsimple’s role as the future of financial services in Canada.

Monday, November 3, 2025 - 11:44
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/news/fundraising-news/wealthsimple-announces-750-million-equity-round-10-billion-post-money
Financial IT
mBank S.A. Presents Transition Plan

After announcing its ambitious new five-year strategy “Full Speed Ahead” in September, mBank is maintaining momentum and presenting its Transition Plan. As a leader in financing the energy transition, the bank is setting a clear course toward climate neutrality, supporting the Polish economy, and increasing the competitiveness of domestic companies.

Monday, November 3, 2025 - 11:43
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Financial IT
Deel Appoints Joe Kauffman as President & Chief Financial Officer

Deel, the leading global payroll and HR platform, today announced the appointment of Joe Kauffman as President and Chief Financial Officer. Kauffman joins Deel following more than a decade of leadership at Credit Karma, where he served as CFO, President, and CEO.  

Monday, November 3, 2025 - 11:37
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/news/people-moves/deel-appoints-joe-kauffman-president-chief-financial-officer
Financial IT
Need Payment Integrations? 5 Cases When a Payment Bridge Is Your Best Choice

Any business that works with multiple payment providers eventually faces the same challenge — keeping up with the growing demand for new methods, markets, and local acquirers. Expanding this coverage is essential for global growth, but achieving it isn’t simple.

Monday, November 3, 2025 - 10:42
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Financial IT
PayPoint Wins “Best Sector Initiative” at OBExpo Awards 2025 for Transforming Utility Sector Refunds through Open Banking

PayPoint is proud to announce that it has won “Best Sector Initiative” at the Open Banking Expo Awards 2025, for its Open Payment PayIn innovation. The solution was developed for a major utility client to provide a secure, real-time refund disbursement platform, powered by Open Banking.

Monday, November 3, 2025 - 10:33
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/news/banking/paypoint-wins-best-sector-initiative-obexpo-awards-2025-transforming-utility-sector
Financial IT
Gatehouse Bank Partners with UK Charity Young Enterprise to Support Financial Education for Young People

Gatehouse Bank has today announced a multi-year partnership with Young Enterprise, a national financial and enterprise education charity committed to empowering young people in the UK by equipping them with the skills, confidence and mindset needed to succeed in life, including managing their money well.

Monday, November 3, 2025 - 10:29
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/news/personal-finance/gatehouse-bank-partners-uk-charity-young-enterprise-support-financial
Financial IT
Wealth Management SaaS Provider WealthOS Welcomes Google and LinkedIn Veteran John Herlihy as Chairman

 A former European executive for Google and LinkedIn has joined WealthOS, the London-headquartered wealthtech SaaS provider, as Chairman. 

Following a career spanning more than 30 years, John Herlihy brings to WealthOS a wealth of experience in leading European growth strategies for some of the world’s biggest online companies. 

Monday, November 3, 2025 - 10:27
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Financial IT
Worldline Partners with Fipto to Enable Next Generation of Payments Rails with Stablecoin

Worldline, a global leader in payment  services, and Fipto, a European fintech providing stablecoin payment infrastructure, today  announced a strategic partnership to explore how stablecoins can enhance settlement and  payment services across Europe. Through collaboration and innovation, Worldline and Fipto  are helping build the payment infrastructure Europe needs for the digital economy ahead. 

Monday, November 3, 2025 - 10:23
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/news/payments/worldline-partners-fipto-enable-next-generation-payments-rails-stablecoin
Financial IT
Airwallex Crosses $1Bn Revenue Milestone as UK Expansion Accelerates

Airwallex, a leading global payments and banking platform for modern businesses, has crossed $1bn in annualised run rate revenue (ARR), marking a significant milestone in its mission to build the future of global banking. The achievement comes as the UK cements its position as one of Airwallex's fastest-growing markets globally, with significant expansion occurring in revenues, clients and presence.

Monday, November 3, 2025 - 10:20
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/news/infrastructure/airwallex-crosses-1bn-revenue-milestone-uk-expansion-accelerates
Financial IT
Google Chooses European Fintech Embat for Exclusive AI-Focused Startup Program

Embat, the AI-powered cash and treasury management platform, has been selected for the Google for Startups Gemini Founders Forum. The company is one of just 53 startups chosen from more than 1,000 global applicants to participate in the exclusive program at Google’s Mountain View headquarters this November.

Monday, November 3, 2025 - 10:18
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/news/financial/google-chooses-european-fintech-embat-exclusive-ai-focused-startup-program
Financial IT

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