Rainforest, a Payments-as-a-Service platform, has recently confirmed the successful completion of an $11.75m seed funding round.

The round saw significant involvement from esteemed backers including Accel, who took the lead, as well as support from Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, Ardent Venture Partners, and a host of strategic angel investors.

Pyrpose, the breakthrough climate finance platform which connects climate conscious consumers directly with climate innovators to reduce future carbon emissions, has opened to the public, readying for the launch of its MVP early next year. 

Since the explosion of generative AI earlier this year, enterprises have raced to roll out strategic plans for its adoption. 91% of businesses in a recent Colt study intend on adopting AI in some form – up from 33% since December 2022. Despite, or perhaps driven by, a tight regulatory environment, the financial industry is striding ahead with its adoption of AI to accelerate and enhance a diversity of business applications – and customers are set to benefit.  

Ebury, a London-based global fintech specializing in cross-border payments and FX solutions, with a presence in over 20 countries, and Getnet Brasil, a technology provider for payment solutions, belonging to Santander's PagoNxt global group, will be present at the Money20/20 USA edition. The event has become the main stage for the payments, banking and fintech community.

Niyo, India’s leading travel banking fintech, has extended its strategic partnership with DCB Bank Ltd. for its flagship product, Niyo Global, to further strengthen its positioning in the travel banking sector and provide customers with a comprehensive banking suite along with unparalleled international travel card benefits.

Berlin-based fintech Upvest provides the Frankfurt-based Banking-as-a-Service provider Raisin Bank, one of Europe's leading service banks, with its Investment API infrastructure for brokerage, custody and settlement. With Upvest, Raisin Bank lays the foundation to provide its existing and future customers with new products.

Versana today announced that it has surpassed a key milestone of more than 1,500 syndicated loan facilities and approximately $900 billion in global loan commitments on its transformative, real-time digital data platform in less than a year since its product launch. 

In the past few years, bitcoin has been one of the most controversial yet popular buzzwords. From all-time highs to jaw dropping lows in a matter of months, this form of digital currency has remained a prominent topic of discussion of mainstream and underground news channels across the globe.

Berlin-based online bank N26 announced the launch of its new full-funnel, multi-channel global brand campaign, ‘This is how I bank’. The campaign showcases how N26’s innovative and customer-centric approach to banking gives everyone the confidence and freedom to bank where, when, and exactly how they want to.