Salica Investments today announces its fifteenth investment from its Growth Debt fund, providing EUR 5m to Aevi, an award winning in-person payment orchestration provider. Aevi is aiming to create a more open world where anyone, anywhere can receive or make any type of payment. This latest injection in funding will aid Aevi in strengthening its position in the market and accelerating its journey to be the leading in-person payments platform globally.  

Klarna, the AI-powered global payments network and shopping assistant, today announced a major global agreement with the global technology powerhouse, Lenovo. Shoppers in 15 European countries can now pay for their tech purchases at Lenovo.com using Klarna’s smooth, flexible payment methods, including its popular interest-free Buy Now Pay Later options. 

Broadridge Financial Solutions, Inc.a global Fintech leader, today announced transformative enhancements to Tbricks, its high-performance multi-asset trading and market making solution. Broadridge's latest Structured Products Market Making enhancements are set to transform global trading operations, enabling trading desks to quote hundreds of thousands of structured products across multiple markets and distribution channels simultaneously.

Revolut co-founders Nik Storonsky and Vlad Yatsenko took to the stage at the company’s The Revolutionaries event in London to celebrate 50 million Revolut customers and share the company’s future product vision for 2025.

Clearent by Xplor, a leading U.S. payment processor under Xplor Technologies, today announces the launch of its new PayFac as a Service (PFaaS) solution, designed to help Software-as-a-Service (SaaS) companies optimize their payments infrastructure, unlock new revenue streams, and streamline operations.

Bitso announced the addition of four new cryptocurrencies to its  Earnings feature. Starting today, earnings with ether (ETH) and solana (SOL) are available to all users, and  cardano (ADA) and polkadot (DOT) will be added in the first week of December. These new options  complement the earnings already available in digital dollars with USDC and USDT.  

The Consumer Financial Protection Bureau (CFPB) today finalized a rule to supervise the largest nonbank companies offering digital funds transfer and payment wallet apps. The rule will help the CFPB to ensure that these companies – specifically those handling more than 50 million transactions per year – follow federal law just like large banks, credit unions, and other financial institutions already supervised by the CFPB.

Sukuk, commonly known as Islamic bonds, represent a unique financial instrument in the context of Islamic finance, distinguished by their adherence to Shariah compliance. Unlike conventional bonds that generate returns through fixed interest payments, Sukuk generates returns through the ownership of underlying assets, thereby avoiding the prohibitions of Riba (interest) and excess Gharar (uncertainty).

Moody’s Corporation announced today that it has acquired Numerated Growth Technologies (Numerated), a loan origination platform for financial institutions. The transaction further expands Moody’s Lending Suite capabilities across the credit lifecycle, providing banking customers with a powerful end-to-end loan origination and monitoring solution.

TruStone Financial Credit Union has significantly improved its member service capabilities through the implementation of an AI-powered chatbot using Eltropy’s Unified Communications platform. The chatbot, named “Ruth” after the credit union’s first bookkeeper, now handles nearly half of all member conversations independently and has reduced contact center call volume by 20%.