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Pliant Concludes a Successful 2023 with a €33 Million Series A Extension and €100 Million Debt Facility

Pliant’s Series A financing reaches €33 million upon securing an extension to its original €25 million financing making it the largest Series A in Germany in 2023. In addition, Pliant secured a €100 million debt facility to fuel its own EMI license in 25 countries and 11 currencies.

Thursday, January 18, 2024 - 09:08
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Financial IT
Plum Launches Spend Tracker for Smarter Budgeting

Plum, the smart money app, has added a new Spend Tracker to help customers with their budgeting plans. 

The Spend Tracker automatically categorizes all outgoings and shows them as a percentage of overall spending. By breaking their spending down, customers can see at a glance where their money is going each month and easily compare it with the previous month’s spending, to identify quickly where savings can be made.

Thursday, January 18, 2024 - 08:54
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/news/personal-finance/plum-launches-spend-tracker-smarter-budgeting
Financial IT
Brightwell Collaborates with Visa to Enable Payouts to Bank Accounts and Wallets

Global payments technology company Brightwell announces its most recent collaboration

Thursday, January 18, 2024 - 08:50
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/news/e-payments/brightwell-collaborates-visa-enable-payouts-bank-accounts-and-wallets
Financial IT
SoFi Launches Small Business Financing Marketplace

SoFi, the digital personal finance company, announced today the expansion of its new small business marketplace within the SoFi product experience. With this addition, SoFi will now be able to better support millions of American small business owners’ financing needs by connecting them to SoFi’s network of providers.

Thursday, January 18, 2024 - 08:43
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/news/financial/sofi-launches-small-business-financing-marketplace
Financial IT
Ebury Bank, an Exclusive Brand in Brazil, Focuses on Offering Digital Banking Services for Foreign Trade and Cross-border Solutions for Platforms.

Ebury, a global fintech that offers cross-border payment solutions, is advancing in its expansion across Brazil with the launch of the Ebury Bank brand. It acquired the Bexs Group, which includes Bexs Banco (FX) and Bexs Pay  (payments), and is now undergoing the last stages of the framework for the transition of controllers, following the procedures of the Brazilian Central Bank. 

Thursday, January 18, 2024 - 08:10
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/news/banking/ebury-bank-exclusive-brand-brazil-focuses-offering-digital-banking-services-foreign
Financial IT
dpixel Launches the First Venture Capital Initiative in Italy for Startups Through Blockchain

dpixel, the Sella Group's Venture Incubator, has carried out, for the first time in Italy, in partnership with Seed Venture and Lendit, an investment operation in startups through blockchain technology and smart contracts.

Thursday, January 18, 2024 - 07:57
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/news/lending/dpixel-launches-first-venture-capital-initiative-italy-startups-through-blockchain
Financial IT
73% Regulated Firms Failing to Adopt Open Banking - or Even Verify Source of Funds Manually

Nearly three-quarters (73%) of regulated firms that take on new individual customers and business clients, have yet to start verifying the sources of their clients’ funds using open banking – a system that provides secure third-party access to financial data through an API (application programming interface).

Thursday, January 18, 2024 - 07:51
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/news/open-banking/73-regulated-firms-failing-adopt-open-banking-or-even-verify-source-funds-manually
Financial IT
Panacea Financial Raises $24.5M Series B to Fuel Strategic Growth

Panacea Financial, the financial technology company dedicated to providing world-class financial services to doctors and doctors’ practices, today announced that it has raised $24.5 million in Series B funding to fuel its strategic growth among the doctor community. Valar Ventures, a global venture capital fund, was the sole institutional investor in the round.

Wednesday, January 17, 2024 - 13:37
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/news/fundraising-news/panacea-financial-raises-245m-series-b-fuel-strategic-growth
Financial IT
CFPB Proposes Rule to Close Bank Overdraft Loophole that Costs Americans Billions Each Year in Junk Fees

The Consumer Financial Protection Bureau (CFPB) today proposed a rule to rein in excessive overdraft fees charged by the natio

Wednesday, January 17, 2024 - 12:58
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/news/lending/cfpb-proposes-rule-close-bank-overdraft-loophole-costs-americans-billions-each-year
Financial IT
Key Cybersecurity Considerations for Insurance Companies

The insurance industry is a prime target for cybercrime as threat actors know that it is a treasure trove of sensitive data and are searching for ways to access it. This is evident in the growing number of insurance companies that have been hit with ransomware, phishing, and other types of cybercrime in the past year.

Wednesday, January 17, 2024 - 12:54
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Financial IT

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