HALA, Saudi Arabia’s leading fintech and provider of embedded financial services to micro, small and medium enterprises, has raised $157 million in a Series B investment round — officially one of the largest fintech Series B funding rounds in the Middle East.

Tot, the Italian fintech company dedicated to simplifying business banking for SMEs, has closed a €7 million Pre-Series A funding round, bringing total capital raised to €11 million across Seed and Pre-Series A phases.

This investment reinforces Tot’s mission to free entrepreneurs from the burden of banking and administrative red tape, supporting the growth and competitiveness of Italy’s productive ecosystem.

Leading fraud prevention platform Ravelin is urging merchants to take immediate action on Visa’s updated VAMP (Visa Acquirer Monitoring Program).  It warns failure to minimise fraud will mean incurring significant, recurring fees, and even losing the ability to accept Visa payments.

Ravelin has published a simple VAMP guide to help businesses save time, money, and avoid disruption.

LSEG today announces that it has launched its Digital Markets Infrastructure (“DMI”) platform for private funds and facilitated its first transaction. 

Thales has announced the findings of its latest API Threat Report (H1 2025), warning that APIs – the behind-the-scenes connectors powering apps, payments, and logins – have become the primary target for cybercriminals.

Allianz X, the strategic investment arm of the Allianz Group, is pleased to announce a strategic equity investment in Coterie Insurance (Coterie), a tech-enabled, data-powered managing general agent (MGA) specializing in property and casualty (P&C) commercial insurance products for small to mid-size business (SMB) owners in the United States.

TENEX.AI, the AI-native cybersecurity company transforming security operations, today announced its $27 million Series A funding round led by Crosspoint Capital Partners, with full participation from existing investors Andreessen Horowitz (a16z) and Shield Capital. This milestone underscores explosive demand for AI-native MDR and positions TENEX as an emerging category leader.

Azentio Software, a leading technology enabler in the BFSI space, announced the launch of Azentio Loan Origination, its next-generation product that redefines how financial institutions scale credit operations across retail, SME, and corporate segments, and supports both conventional and Islamic financing.

Groundbreaking experiments led by Swift have demonstrated the potential impact AI and secure cross-border data collaboration could have on reducing fraud levels in international payments.

PXP, the omnichannel global payment platform, has launched Checkout Components, a new enterprise-grade solution that addresses one of ecommerce's biggest challenges: customers abandoning their purchases at the final hurdle. The solution gives businesses complete control over how payments are presented, processed, and optimised across desktop and mobile platforms.