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OpenWay Expands into Francophone Africa, Bringing Access to the Best‑in‑Class Way4 Payment Platform Together With Local Expertise

OpenWay, the global leader behind the award-winning Way4 digital payment platform, has officially expanded into Francophone Africa, empowering banks and fintechs in the region with access to its globally recognized payment technology and local service infrastructure.

As part of its commitment to accelerating fintech innovation across the African continent, OpenWay is taking two strategic steps in Francophone Africa:

Tuesday, August 5, 2025 - 13:06
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Financial IT
Sports Industry Veteran Paul Brewer Joins Fintech Startup Payment Labs to Expand Sports Portfolio

Payment Labs, a global fintech leader specializing in payment solutions for sports organizations, today announced the appointment of industry veteran Paul Brewer as Executive Vice President of Sales & Sports Partnerships. A former revenue leader at The Sporting News, Rival, and ESL, Brewer will spearhead Payment Labs’ continued expansion in the sports market, building on the startup’s success in automating complex payment processes for sports and gaming properties.

Tuesday, August 5, 2025 - 12:43
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Financial IT
MAPFRE AM Nears €40 Billion in Assets Under Management, Making It the Largest Non‑Bank Asset Manager in Spain

MAPFRE AM, the asset manager of the MAPFRE Group, closed the first half of the year with €39.67 billion in assets under management, consolidating its position as the largest non-bank asset manager in Spain. MAPFRE Inversión, the parent company of MAPFRE AM, recorded a profit of €25.95 million, 19.4% higher than the previous year, marking the highest figure for that period.

Tuesday, August 5, 2025 - 12:39
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Financial IT
Datos Insights Expands Insurance Advisory Capabilities With Acquisition Of InsTech

Datos Insights, a leading global provider of data and advisory solutions to the financial services and insurance industries, today announced the acquisition of InsTech, the prominent London-based insurance innovation community and advisory firm. The strategic combination brings together Datos’ deep practitioner expertise and sophisticated data and analytics capabilities with InsTech’s established network of senior insurance executives and extensive experience in emerging technologies and risk methodologies.

Tuesday, August 5, 2025 - 11:58
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Financial IT
Uzum Secures $70M Equity Financing Led by Tencent and VR Capital, Reaches $1.5B Valuation

Uzum, Uzbekistan’s leading digital ecosystem, has secured nearly $70 million in equity financing from Tencent and VR Capital, with participation from FinSight Ventures – a U.S. fund focused on AI, fintech and super-app investments, and lead investor in Uzum’s first equity round completed in March 2024.

Tencent is a world-leading internet and technology company with a diverse portfolio of innovative products and services. It is listed on the Stock Exchange of Hong Kong.

Tuesday, August 5, 2025 - 10:43
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Financial IT
SimCorp Names Peter Sanderson as Chief Executive Officer

SimCorp, a global leader in financial technology and a subsidiary of Deutsche Börse AG, today announced that Peter Sanderson will be named the company’s Chief Executive Officer, effective immediately.

Tuesday, August 5, 2025 - 10:29
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Financial IT
Noah and VelaFi Partner to Bring Real-Time Stablecoin B2B Payments to Latin America and Beyond

VelaFi, Latin America’s leading provider of stablecoin-based financial infrastructure, and Noah, one of the world’s most established stablecoin-powered payment networks, announce a strategic partnership to expand access to virtual USD and EUR accounts with real-time stablecoin settlement.

Tuesday, August 5, 2025 - 10:23
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Financial IT
AMINA Bank Becomes First Bank Globally to Support SUI Trading and Custody as It Enters Wider Public Markets

AMINA Bank AG , a Swiss Financial Market Supervisory Authority (FINMA)-regulated crypto bank with global reach, today becomes the first regulated bank worldwide to offer custody and trading services for SUI, the native token of the Sui

Tuesday, August 5, 2025 - 10:02
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Financial IT
Small Businesses Could Unlock Hundreds in Extra Savings Interest With Smarter Account Choices

Small businesses could boost their savings by up to £190 a year by being more aware of how interest rates are structured on business savings accounts, according to new analysis by Moneybox using data from Moneyfacts. The findings highlight a significant opportunity for small businesses to improve their cash flow by making simple, informed decisions about where to hold their funds.

Tuesday, August 5, 2025 - 09:57
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Financial IT
Airwallex Sees Significant Growth in the Netherlands, with Revenue up 199%, Plus New Customers and Team Expansion

Airwallex, a leading global payments and financial services platform for modern businesses, has witnessed exponential growth in the Netherlands (NL) in the last year, with year-on-year revenue increasing 199% in Q2 2025 compared to Q2 2024.

Tuesday, August 5, 2025 - 09:53
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Financial IT

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