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Pennylane raises €40M from Sequoia Capital and DST Global, reflecting very strong growth over the past two years. The company has multiplied by 40 the number of VSE-SMEs on its platform in 24 months thanks to the adoption of the tool by more than 2,000 accounting firms who have brought their clients on board.
Flywire Corporation, a global payments enablement and software company, today announced that it has partnered with State Bank of India, India’s largest public sector bank, to enable Indian payers to seamlessly and digitally pay international education-related fees in their local currency (Indian Rupees) to higher education institutions all over the world.
MX Technologies, Inc. today announced MX's data enhancement services will be leveraged as part of Trustly's Open Banking product suite. Over 8,300 global merchants rely on Trustly to enable their consumers to pay directly from their bank accounts. With Pay with Bank, consumers enjoy an intuitive, fast, and safe payment method, while merchants can create better experiences and reduce costs with an efficient payment solution.
Entrust, a global leader in trusted payments, identities, and data security, today announced that it has entered into exclusive discussions to acquire London-based Onfido, a global leader in cloud-based, AI-powered identity verification (IDV) technology.
TransferGo, the global fintech creating a fairer world for millions of hard-working migrants, today announced the addition of three high-calibre professionals to its executive team to spearhead rapid global expansion and consolidate its presence in existing markets. With their extensive experience and expertise, the new leaders are set to drive TransferGo's strategic ambitions across new frontiers.
AU10TIX, a global technology leader in identity verification and management, today announced that it has added seven executives to its growing team over the past year. These appointments are a strategic response to AU10TIX's significant growth and continuing global expansion.
nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that Mechanics and Farmers Bank
ID Finance, a leading fintech in Spain and Mexico, has closed a financing of 150 million dollars with i80 Group, this being the largest financing round in the history of the Group. The capital obtained will be used to accelerate the expansion of Plazo, ID Finance's financial well-being app and the cornerstone of its strategic vision.
Plug and Play, a leading global innovation platform, announces the launch of its fintech startup accelerator program which will take place in both Frisco and McKinney, Texas.