New data released by SmartSearch, the UK’s leading provider of digital compliance and anti-money laundering (AML) solutions, found that almost three-quarters (72%) of regulated companies feel overwhelmed by ongoing anti-financial crime compliance demands.

Qomodo, the "all-in-one" smart payment solution for physical merchants, announces it has raised €13.5M in Series A funding. The round was co-led by RTP Global and LMDV Capital, with participation from Proximity Capital, Primo Capital as well as other notable investors including the founders of FACEIT, Fiscozen and Freetrade (the latter through Lumen Ventures). This builds on previously raised capital at the pre-seed level which included participation from the Elkann-Agnelli, Berlusconi, and Moratti family offices.

MoneyHash, the first and leading payment orchestration platform operating in the Middle East and Africa (MEA), has secured $5.2M in pre-A funding. Flourish Ventures – a global fintech investor behind industry leaders like Chime, Flutterwave, FairMoney, and Neon – led the round, adding to its portfolio of over 100 fintech startups. Additional investors include Saudi's Vision Ventures, Arab Bank's Xelerate, and Emurgo Kepple Ventures. The round features the participation of Jason Gardner, founder and former CEO of Marqeta, as his first MEA investment.

Standard Chartered today announced the launch of SC PrismFX, its cross-currency Transactional foreign exchange (FX) solutions suite. SC PrismFX is available for Financial Institution (FI), Non-Banking Financial Institution (NBFI), PayTech, and Corporate clients globally.

myPOS, the London-based fintech platform that pioneered instant settlement, has announced its acquisition of Toporder, a leading French cash register company. This move solidifies the position of myPOS as a payments service provider addressing the unique challenges faced by small and medium enterprises (SMEs).

Mastercard has once again collaborated with foodpanda, a Delivery Hero-owned online food and grocery delivery platform, to boost digital payment in Pakistan and support the nation’s transition toward a cashless economy.

This collaboration with one of Pakistan’s leading delivery platforms underscores Mastercard’s commitment to advancing financial inclusion and strengthening the country’s digital ecosystem.

Worldline, a global leader in payment services, today announced a joint strategic partnership with Wix.com Ltd., the leading SaaS website builder platform globally. This collaboration will bring Worldline small and medium enterprises (SMEs) a best-in-class platform to create, manage and grow their online presence, and ultimately increase revenues, while enabling Wix users access to Worldline's local payments and banking solutions to better meet customer expectations.

Responsible lender, Creditspring, provided £207 million in affordable loans during 2024 as borrowers increasing seek short-term financial support.

This was an increase of 63% compared to the £127 million lent to Creditspring members in 2023.

Plumery, a digital banking experience platform for customer-centric banking, today announced it has launched Digital Lending, a fully end-to-end digital loan origination journey that allows bank customers to go from application to disbursement in 180 seconds.