Kira, the global payments infrastructure platform, today announced the closing of a $6.7 million seed funding round led by Blockchange Ventures, Vamos Ventures, Stellar Blockchain, Grit Capital Partners, Credibly Neutral Ventures, Michael Seibel, and Oso Trava.

Strategic investment for regional expansion

Organizations in the European Financial Services industry face a perfect storm: complex regulations, an escalating threat landscape, and major macroeconomic pressures. Delivering quality service efficiently is vital to staying competitive, but legacy architectures and tools are stalling digital progress.

DoiT, a global leader in enterprise-grade Financial Operations (FinOps) and cloud financial management, announced today an expansion to their Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) focused on advancing DoiT’s generative AI (GenAI) capabilities supporting AWS customers at any stage of their AI journey.

Payment Labs, a global fintech leader specializing in payment solutions, today announced it has closed a $3.25 million oversubscribed seed round to simplify complex payment processes for high-growth industries such as sports, esports, and the creator economy.

Digital bank Zopa and Juniper Research have today released a new study detailing the seismic impact of Generative Artificial Intelligence (Gen AI) on the UK banking sector.  

Rappi, Latin America’s leading super-app, has partnered with global wallet platform AstroPay to launch the region’s first wallet-on-file integration, allowing users in Argentina, Brazil, and Peru to pay seamlessly across currencies—no cards required.

Thread Bank today announced that it has selected Finxact from Fiserv, Inc., the cloud-native, real-time banking core that offers enhanced access to data, as the Bank’s core banking platform. The Finxact core will allow Thread to further execute on its strategy to deliver modern, compliant, and scalable embedded and core banking solutions, creating value for partners and providing an innovation roadmap for fellow community banks.

Corpay, Inc.,, a global leader in corporate payments, today announced a strategic partnership between its Cross-Border business and SKsoft, a leading independent software vendor (ISV) delivering global bank connectivity and treasury automation solutions embedded within the Microsoft Dynamics 365 ERP ecosystem.

EquiLend today announced that EFG Hermes is going live on the firm’s Next Generation Trading (NGT) platform, becoming EquiLend’s first trading client based in the Kingdom of Saudi Arabia, and the first in the region to adopt full post-trade and trading automation via EquiLend. 

Pleo, one of Europe’s leading spend management platforms, has partnered with lemon.markets to launch ‘Pleo Investment Account’, an embedded treasury solution for German business customers. lemon.markets’ brokerage and custody infrastructure enables Pleo users to invest surplus cash in low-risk Money Market Funds (MMFs) and earn yield with next-day liquidity, directly within Pleo’s interface.