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Keep Raises C$108M to Transform Small Business Banking in Canada

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.

Thursday, May 22, 2025 - 14:19
65360
/news/fundraising-news/keep-raises-c108m-transform-small-business-banking-canada
Financial IT
Binance Pay Integrates with Pix, Enabling Instant Crypto-powered Payments in Brazilian Reais Across Brazil

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.

Thursday, May 22, 2025 - 14:13
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/news/payments/binance-pay-integrates-pix-enabling-instant-crypto-powered-payments-brazilian-reais
Financial IT
Greenlite AI Raises $15M Series A to Help Banks and Fintechs Fight Financial Crime with Trusted AI Workforce

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.

Thursday, May 22, 2025 - 14:10
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/news/fundraising-news/greenlite-ai-raises-15m-series-help-banks-and-fintechs-fight-financial-crime
Financial IT
EBANX Names Marie-Elise Droga as Chief Revenue Officer to Fuel Global Growth

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.

Thursday, May 22, 2025 - 14:04
65357
/news/people-moves/ebanx-names-marie-elise-droga-chief-revenue-officer-fuel-global-growth
Financial IT
Sift Announces ActivityIQ and Other Innovations to Strengthen Identity Trust

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.

Thursday, May 22, 2025 - 12:29
65356
/news/fraud-detection/sift-announces-activityiq-and-other-innovations-strengthen-identity-trust
Financial IT
Banking Circle S.A. Teams Up with Visa Direct to Enhance Global Payment Capabilities

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. 

Thursday, May 22, 2025 - 12:26
65355
/news/payments/banking-circle-sa-teams-visa-direct-enhance-global-payment-capabilities
Financial IT
Leading U.S. Auto Claims Organization Selects Sapiens To Modernize Operations

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.

Thursday, May 22, 2025 - 11:26
65354
/news/insurtech/leading-us-auto-claims-organization-selects-sapiens-modernize-operations
Financial IT
FIS Partners With Issuer-Merchant Collaboration Platform Kipp To Prevent Card Declines and Unlock Revenue for Debit Issuers

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.

Thursday, May 22, 2025 - 11:22
65353
/news/p-cards/fis-partners-issuer-merchant-collaboration-platform-kipp-prevent-card-declines-and
Financial IT
Openbank by Santander Reaches 100,000 Customers in the United States, Well-Positioned for Continued Growth in 2025

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.

Thursday, May 22, 2025 - 11:20
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/news/digital-banking/openbank-santander-reaches-100000-customers-united-states-well-positioned
Financial IT
British Business Bank Commits £40 Million to Frontier Development Capital’s Evolution Fund

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).

Thursday, May 22, 2025 - 11:13
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/news/infrastructure/british-business-bank-commits-ps40-million-frontier-development-capitals
Financial IT

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