Debenhams Group, the online retail powerhouse behind brands including Debenhams, PrettyLittleThing, boohoo, boohooMAN, and Karen Millen, has selected Mangopay’s wallet infrastructure to support the next phase of its marketplace growth. 

With summer in full swing, Brits are being urged to keep a closer eye on their finances, as credit reference agency Equifax UK reveals a rise in debt levels and warns on the heightened risk of travel-related scams.

IDnow, a leading identity verification platform provider in Europe, today announced the appointment of three senior executives and a new board advisor, marking a significant step forward in its global expansion. The new additions to its leadership team reaffirm IDnow’s mission to bring AI-powered identity verification technologies to market — establishing trust as the most valuable asset in the digital world.

Tandem Bank has today revealed it’s been awarded the top accreditation by Investor in Customers – receiving Gold, recognising its outstanding commitment to customers and its people alike.

wefox has successfully secured funding of EUR 151 million. This consisted of a EUR 76 million capital raise primarily from its existing investor base as well as refinancing of an existing credit facility with EUR 75 million from Searchlight Capital Partners’ credit fund, Searchlight Opportunities Fund II.

SoFi  has expanded access to alternative investments to include new private markets funds from asset management firms including Cashmere, Fundrise and Liberty Street Advisors. Through these funds, investors can gain exposure to multiple private companies across AI, machine learning, space technology, consumer products, healthcare, e-commerce, and financial technology, like OpenAI, SpaceX, Graza, Epic Games, and more.

South Africa-based payments infrastructure company Stitch has announced acquisition of Efficacy Payments, its second major strategic acquisition, enabling the firm to offer card acquiring services directly to merchants as a Designated Clearing System Participant (DCSP), and provide more seamless and cost-effective transactions. 

Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs) and middle-market businesses, today announced the launch of Cowbell COMPaaSSM (Compliance-as-a-Service), a new offering tailored for startups, growth-stage companies, and service providers handling sensitive customer data. Designed to support organizations pursuing SOC 2 compliance in both U.S. and global markets, COMPaaS delivers expert-guided readiness and high-touch support throughout the compliance journey.

As part of its ongoing commitment to innovation and digital transformation, KeyBank today announced the launch of KeyTotal AR™, a fully unified solution for the invoice-to-cash process, powered by Versapay. Leveraging machine learning, the platform modernizes and automates accounts receivable (AR) operations for middle-market businesses.

Flywire Corporation, a global payments enablement and software company, announced a partnership with UBION, an education technology provider in Korea, to enhance tuition payments for international students in Korea. This collaboration integrates Flywire’s secure international payment platform with UBION’s educational services to simplify cross-border tuition payments for students and institutions.