Rain, the global card issuing platform powered by stablecoins, announced $24.5 million in new funding led by Norwest Venture Partners. New investors joining the round included Galaxy Ventures, Goldcrest, Thayer, and Hard Yaka. Existing investors Lightspeed Venture Partners, Coinbase Ventures, Vinyl Capital, Canonical Crypto, and Latitude Capital also participated.

Basware, the global leader in Invoice Lifecycle Management, has been named a Leader in the first Gartner® Magic Quadrant™ for Accounts Payable Applications. For Basware, this exemplifies its commitment to continuous innovation for the office of the CFO – delivering an end-to-end invoice lifecycle solution that spans from network and invoice ingestion to statement reconciliation and recovery services.  

TreasurySpring, the global cash investment platform, has announced the launch of a new currency conversion capability. This integrated feature simplifies the process of converting cash between major currencies, providing Financial Directors and Treasurers with a more efficient and transparent solution to foreign exchange.

MoonPay is excited to announce that it is PCI DSS 4.0 certified. 

Earning a PCI DSS 4.0 certification means that MoonPay maintains its PCI Level 1 (the most stringent of the four PCI levels) at the highest security standards.  

Brite Payments, a leader in instant bank payments, has been recognised at the Merchant Payment Ecosystem Awards 2025, winning the award for ‘Best Use of Opening Banking for Payments’. Additionally, Brite was a finalist in the ‘Merchant Payment Acceptance of the Year’ category. Hosted in Berlin, the annual MPE Awards brings together industry leaders to celebrate excellence and innovation in the payments industry. 

Banking Circle S.A. (Banking Circle), a Luxembourg licenced bank and a leading international provider of next-generation banking services, is pleased to announce that its wholly owned subsidiary BC Payments Pte. Ltd. (BC Payments Singapore) has received the In-Principle Approval (IPA) for the Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).

The rise of generative artificial intelligence (AI) presents immense opportunities for innovation and growth across the sector, but with this comes a myriad of challenges for financial advice, planning and wealth management firms in building, testing, and deploying reliable AI solutions. 

Access to high-quality data, robust evaluation metrics, and seamless integration tools remains a barrier for many looking to leverage AI effectively.

Upvest, Europe’s leading investment infrastructure provider, has announced the appointment of Starling Bank’s former Head of SME Banking, Symmie Swil, as UK General Manager, as the company embarks on an ambitious scale-up strategy across the region.

Employees at TransUnion in the UK, a global information and insights company, raised an impressive £44,812 for charity organisations in 2024.