Turaco, the leading insurtech driving mass market insurance adoption, has announced the close of a $10 million Series A equity round led by AfricInvest, via the Cathay Africinvest Innovation Fund, and existing investor, Novastar Ventures. The round also included participation from Enza Capital, Global Partnerships, Zephyr Acorn, Operator Stack, Asi Ventures Limited, and Push Ventures.

Today, Flywire Corporation (Flywire) (Nasdaq: FLYW) a global payments enablement and software company, is announcing the availability of its integration with Universitas XXI, a university management system focused on servicing higher education customers throughout Spain and Latin America.

Teslar Software today announced the launch of its indirect lending solution, which empowers community financial institutions to offer indirect lending services to local businesses and consumers in a way that’s quick, efficient and digitally optimized. Joe Ehrhardt, CEO and founder of Teslar Software, demoed the solution Monday at FinovateFall in New York.

Broadway, a leading provider of high-performance front-office solutions, today announced support for trading Eris BSBY Swap Futures within Broadway’s flagship suite of fully hosted SaaS trading solutions. Offered by CME Group, Eris BSBY Swap Futures (Eris BSBY) allow market participants to forecast and hedge rates on the 3-month Bloomberg Short-Term Bank Yield Index (BSBY). The feature is currently live and available to all Broadway customers.

Claimer, a fintech startup making it frictionless for companies to claim financial incentives from the government, is announcing that it has raised a $4.2m seed round today.

Neutronpay, a Vancouver, Canada and Ho Chi Minh City, Vietnam-based startup that enables consumers and businesses to send and receive payments on Bitcoin’s Lightning Network raised USD$2.25M in Seed funding on June 1, 2022.

Paysend, the UK-based fintech with over 7 million customers, today announces the launch of Instant Account Payments, which give consumers and businesses the ability to send instant cross-border payments of up to $100,000 to accounts for just $1 per payment. Users can quickly connect to Paysend’s global payments network and instantly and cost-effectively send funds to 25 countries and currencies seven days per week, 365 days per year.

PayQuicker, an innovative financial technology leader in the global payouts market, today announces the launch of Payouts OS.

Payouts OS packages PayQuicker’s trusted, time-tested technology into a first-in-market payouts-as-a-service platform that meets the needs of gig economy workers and small to medium-sized businesses across a diverse set of industries including clinical trials, insurance, gaming, marketplaces, and more.

Real-time Payment (RtP) models are here to stay for the foreseeable future alongside traditional payment schemes. But as businesses increasingly recognize their potential, further cases for real-time payments are coming to the fore. That’s according to Buckzy Payments Inc., the Toronto-based global fintech on a mission to make international payments quicker, more reliable, and more affordable.

Bluechain, the fast-growing fintech startup business that transforms the traditional payments and receivables process, has today announced the appointment of Tim Annis as UK Managing Director. This appointment is the next step for Tim at Bluechain, as he previously held the role of UK Head of Sales since March 2020.