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Luminovo Raises €11 Million in Seed Round

Luminovo, the AI-powered software suite helping electronics leaders bring vital innovations to market faster, cheaper and more sustainably – has raised €11 million in a seed round led by Chalfen Ventures with participation by Tencent, Verve Ventures and Khadjavi Capital Partners, as well as existing investors La Famiglia and Cherry Ventures.

Thursday, August 18, 2022 - 11:38
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/news/fundraising-news/luminovo-raises-eu11-million-seed-round
Financial IT
Paysend Store to Provide an End-to-end E-commerce Solution for UK Businesses

Paysend, the UK-based fintech with over 7 million customers, today announces the launch of Paysend Store for UK merchants. The free, no-code solution enables entrepreneurs in the UK to set up an online store and immediately start selling their products with no technology development or third-party IT integration required.

Thursday, August 18, 2022 - 11:10
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/news/e-commerce/paysend-store-provide-end-end-e-commerce-solution-uk-businesses
Financial IT
Cloud-banking Fintech Ohpen Partners with ezbob to Offer Complete Suite of Lending Products to UK Market

Ohpen, the first fintech platform to bring a bank to the cloud, today announces its partnership with ezbob, a UK-based software provider for banks and financial institutions. The partnership is the next step in Ohpen’s expansion into the UK market, which commenced last year with the launch of a complete mortgage platform, and will leverage ezbob’s local market expertise to provide end-to-end SME lending products, as well as continue to support consumer lending.

Thursday, August 18, 2022 - 11:04
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/news/lending/cloud-banking-fintech-ohpen-partners-ezbob-offer-complete-suite-lending-products-uk
Financial IT
Checkout.com Announces Major Authentication Enhancements to Deliver Payment Performance Amidst Evolving SCA Requirements

Checkout.com, the cloud-based payments service provider, today announced updates to its Authentication product to help merchants combat fraud and optimize their revenues, with an evolving toolkit of products and features to help merchants navigate the rapidly evolving landscape. 

Thursday, August 18, 2022 - 10:47
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/news/payments/checkoutcom-announces-major-authentication-enhancements-deliver-payment-performance
Financial IT
Enfuce to Expand Card-as-a-Service with Mastercard

Enfuce is excited to announce an extended partnership with Mastercard to expand the company’s Card as a Service platform in the Nordics. Through the partnership, Mastercard powers Card as a Service with tokenised multi-currency BINs in the Nordics, enabling Enfuce’s customers to launch and issue their own physical and virtual Mastercard payment cards in just weeks rather than months.

Thursday, August 18, 2022 - 10:40
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/news/credit-cards/enfuce-expand-card-service-mastercard
Financial IT
Seedrs Introduces Private Deal Room

Seedrs, the leading private investment platform with over £2BN in investments recorded to date, has today launched the inaugural Seedrs Venture Partner programme, a new curated community for VCs, accelerators, ecosystem builders and serial entrepreneurs. Seedrs’ Venture Partner community will bring together established and emerging investors and influencers in private investment to support one another through global deal flow, mentorship, and collaboration to help founders get further ahead.

Thursday, August 18, 2022 - 10:34
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/news/investment/seedrs-introduces-private-deal-room
Financial IT
UnionBank Partners with Avaloq to Transform its Wealth Management Platform

UnionBank continues the digital transformation of its wealth management business with the Avaloq Core Platform. This will help the bank to stay ahead of the technology curve as the financial industry continues to digitalize in the pursuit of greater efficiency and innovation.

Thursday, August 18, 2022 - 10:25
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/news/wealth-management/unionbank-partners-avaloq-transform-its-wealth-management-platform
Financial IT
Pin Payments Expands to New Zealand

Australia’s online payments provider Pin Payments has recently expanded its offering to New Zealand.

The strategic expansion comes less than two years after the Melbourne-based startup was acquired by global payments unicorn Checkout.com, which recently reached a $40 billion valuation.

Thursday, August 18, 2022 - 10:18
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/news/payments/pin-payments-expands-new-zealand
Financial IT
New Report Finds Financial Services Firms Exploring the Value of Bank Assured Identity

OneID®, the UK-based identity tech company that makes it easier for people to prove who they are online, has published a new report uncovering the potential value of th

Thursday, August 18, 2022 - 10:06
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/news/digital-identity/new-report-finds-financial-services-firms-exploring-value-bank-assured
Financial IT
Wirex Introduces SEPA Instant and Faster Payments as Top-Up Methods

Wirex, the leading crypto platform, has made it easier than ever for users to top-up and withdraw from their accounts with the introduction of new payment methods. The addition of SEPA Instant and Faster Payments will mean customers in the UK and EEA can transfer British Pounds and Euros more easily between their Wirex and bank accounts.

Thursday, August 18, 2022 - 10:01
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/news/cryptocurrencies/wirex-introduces-sepa-instant-and-faster-payments-top-methods
Financial IT

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