The digital payments sector is growing at an unprecedented pace, with forecasts estimating it will reach £16 trillion by the end of 2025. But even in such a booming market, merchants continue to face familiar hurdles: navigating complex payment networks, keeping processing costs under control, and ensuring seamless payment approvals for customers.

Anrok has raised $55 million in Series C funding led by Spark Capital, with participation from Sapphire Ventures and our existing investors Khosla Ventures, Sequoia Capital, and Index Ventures. This brings our total funding to over $100 million.

Fintap, a technology-enabled specialty finance company, today announced the closing of a credit facility of up to $82.5MM and a corporate note of up to $4MM, representing a significant increase from its 2021 financing. This new capital positions Fintap to advance its technology infrastructure, enhance API integrations, and expand access to working capital for underserved small businesses nationwide.

Thunes, the Smart Superhighway to move money around the world and Ecobank Group, the leading pan-African financial institution, today announced a collaboration which will enable instant cross-border payments for millions of individuals and businesses across Sub-Saharan Africa.

SBS, the global financial technology company that more than 1,500 financial institutions rely on to digitally transform the way they operate, announced the launch of Core MSS7, the newest release of its Mortgage and Savings Suite for UK building societies and banks.

Nexi, the European PayTech, has announced two strategic collaborations with Visa and Mastercard to enable faster, easier and more cost-efficient payments for Italian businesses. Visa Direct and Mastercard Move, the global platforms developed by Visa and Mastercard that provide convenient and secure money transfer solutions, will be integrated into Nexi’s suite of business services.

Pave Finance, Inc., the next-generation wealth management platform, has today announced its integration with Charles Schwab, the world’s largest registered investment advisory custodian and one of the largest retail brokerage firms. The move enables registered investment advisors (RIAs) to link their Schwab client accounts directly to Pave for automated portfolio construction, management, and trading, all without moving a single client asset.