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Sonovate Announces New Partnership with Demica as it Continues to Redefine Embedded Finance for the Contingent Workforce

Sonovate, the leading provider of embedded finance and payment solutions for the contingent workforce, today announced a new partnership with Demica, the market-leading trade finance fintech, to enhance its reporting processes so it can continue to support thousands of business customers globally.

Thursday, August 4, 2022 - 11:11
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/news/payments/sonovate-announces-new-partnership-demica-it-continues-redefine-embedded-finance
Financial IT
Cashflows Welcomes Industry Heavyweights to C-Suite to Drive Further Growth

Cashflows, the platform that makes it easy for merchants to accept payments, today announces four additions to its C-suite to drive its ambitious growth strategy, foster innovation, and build on its people-first ethos. These hires follow the appointment of Hannah Fitzsimons as CEO, as she continues to make her mark on the leadership team to facilitate Cashflows’ next phase of growth.

Thursday, August 4, 2022 - 10:59
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/news/people-moves/cashflows-welcomes-industry-heavyweights-c-suite-drive-further-growth
Financial IT
Yapily Launches Virtual Accounts to Bring More Transparency to Real-time Payments

Open banking platform Yapily has today launched Yapily Virtual Accounts to bring more transparency to real-time payments.

Yapily Virtual Accounts enables merchants and payment service providers (PSPs) to create multiple accounts to collect local payments, initiate instant payouts and refunds, and streamline reconciliation - all through a single API. 

Thursday, August 4, 2022 - 10:46
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/news/open-banking/yapily-launches-virtual-accounts-bring-more-transparency-real-time-payments
Financial IT
Singapore Fintech Robocash Group Appoints New CEO

Robocash Group is pleased to announce the appointment of Natalya Ischenko as Chief Executive Officer and Ivan Adamovich as Chief Financial Officer. Sergey Sedov, who founded and led the company to international expansion, remains in the position of Chairman of the Board.

Thursday, August 4, 2022 - 10:42
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/news/people-moves/singapore-fintech-robocash-group-appoints-new-ceo
Financial IT
Spice Money Limited: In a First of its Kind, Rural Banking Outlets in India to Get a Distinct Identity Through ‘RedBlue Revolution’

On the historic occasion of completing 75 years of Independence this year, India witnesses its first ever ‘RedBlue Revolution’, a brand agnostic initiative that aims to create a distinct identity for rural banking outlets. The outlets are being branded in the colours of red & blue which have traditionally been a choice of the banking and financial services industry as the colour red represents growth & energy whereas blue represents trust & safety.

Thursday, August 4, 2022 - 10:26
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/news/banking/spice-money-limited-first-its-kind-rural-banking-outlets-india-get-distinct-identity
Financial IT
Hello Pay Champions SME Growth in South Africa with Competitive Access to Funding

On the back of two major interest rate hikes in the first half of 2022 alone and rapidly rising costs, business owners across the country are keeping a close eye on budgets and cash flow where every cent counts. As champions of financial inclusion and SME growth in South Africa, local fintech Hello Pay is offering merchants, and micro and small enterprises access to competitive, commercially attractive, business loans of up to R250,000 to grow their businesses.

Thursday, August 4, 2022 - 10:14
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Financial IT
Fintech Company Sunbit Announces Next Generation Financing Product

Sunbit, the company building financial technology for everyday expenses, announced that it has expanded beyond point-of-sale lending with the introduction of a new, next-generation credit card. The Sunbit Card delivers unprecedented flexibility and a personalized APR for every approved consumer.

Thursday, August 4, 2022 - 09:52
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/news/personal-finance/fintech-company-sunbit-announces-next-generation-financing-product
Financial IT
Despite Turmoil in Public Equity Markets, the Global Software Sector Remains Strong in Q2 with Deals Worth $130 Billion, Kroll Data Reveals

Kroll, the leading provider of data, technology and insights related to risk, governance and growth, has found that the second quarter of 2022 saw robust M&A deal activity in the global software sector. Despite continued turmoil in the public equity markets, the strength and number of deals were evident in global software with a total of 628 deals at a disclosed value of $130 billion (bn), equaling the record set just two quarters earlier.

Wednesday, August 3, 2022 - 16:27
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/news/risk-management/despite-turmoil-public-equity-markets-global-software-sector-remains-strong-q2
Financial IT
auxmoney Secures €250 Million Investment into its Loans

auxmoney, a leading digital-lending platform for consumer credit in Europe, has secured a EUR 250 million investment for its marketplace loans from Citigroup and Chenavari Investment Managers. After auxmoney announced to invest in loans on its own marketplace in November 2020, the fintech company is now co-investing for the first time alongside partners as part of this transaction.

Wednesday, August 3, 2022 - 16:09
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/news/lending/auxmoney-secures-eu250-million-investment-its-loans
Financial IT
Revolut Deepens Digital Currency Focus with 22 New Tokens

Revolut, the financial super-app with 20 million customers worldwide, today announced another push to the platform’s investment offering with the release of 22 new crypto tokens.

Wednesday, August 3, 2022 - 16:01
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/news/cryptocurrencies/revolut-deepens-digital-currency-focus-22-new-tokens
Financial IT

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