Keep, Canada's first all-in-one financial platform built exclusively for small businesses, today announced a C$108 million in new funding as it emerges from stealth mode. The funding includes C$33 million in equity financing led by Tribe Capital, a C$71 million credit facility from Coventure (Treville), and a C$4 million venture debt line from Silicon Valley Bank.
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Binance, the world's largest cryptocurrency platform by trading volume and number of users, has integrated its payment solution, Binance Pay, with Brazil's Pix system to enable instant payments in the local currency using cryptocurrencies and transfers to any individual or merchant across Latin America's largest country.
Greenlite AI, the leading AI agent platform for financial services, today announced a $15 million Series A funding round, bringing its total capital raised to $20 million.
Marie-Elise Droga, a seasoned executive with 20 years of experience in the payments industry with a special focus on cross-border payments and global expansion, has been appointed as the new Chief Revenue Officer (CRO) at EBANX, a technology company specializing in payment services for emerging markets. Starting this month, Droga will lead the fintech’s worldwide commercial and partnerships teams.
Sift, the AI-powered fraud platform securing identity trust for leading global businesses, today announced several new capabilities that provide fraud and risk teams with actionable intelligence they need to make more confident risk decisions and strengthen identity trust.
Banking Circle S.A., the next-generation technology-led payments bank, today announced a strategic partnership with Visa, a global leader in digital payments. The partnership provides Visa Direct with access to Banking Circle’s extensive local clearing rails across the world, further strengthening the business’s global payment reach for its customers.
Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, announced today that a leading state-run auto insurance placement and claims organization has selected Sapiens ClaimsPro for Property & Casualty (P&C) to support its modernization efforts.
FIS®, a global leader in financial technology, today announced a strategic partnership with Letskipp Ltd. (Kipp), a collaboration platform for card issuers and merchants, to introduce an innovative non-sufficient funds (NSF) authorization solution to its debit clients.
Santander Bank N.A. today announced that the recently launched Openbank by Santander digital platform in the United States has surpassed 100,000 customers within its first six months of operation, exceeding expectations.
The British Business Bank has committed £40m to Frontier Development Capital’s (FDC) new £81.5m Evolution Fund to support the growth of smaller businesses in the Midlands and the North of England. The fund is also backed by a £40m commitment from West Midlands Pension Fund (WMPF).