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Fintech Company Paysend uses airfocus to Create and Deliver Better Products for its Customers

UK fintech company Paysend is using airfocus to create and share product roadmaps across the company, providing greater transparency around priorities and enabling it to deliver better products to its seven million customers.

Monday, June 27, 2022 - 10:36
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/news/payments/fintech-company-paysend-uses-airfocus-create-and-deliver-better-products-its-customers
Financial IT
CellPoint Digital announces Carbon Neutral Certification

CellPoint Digital, a global leader in payment orchestration, today announces it has received CarbonNeutral® company certifica

Monday, June 27, 2022 - 10:29
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/news/payments/cellpoint-digital-announces-carbon-neutral-certification
Financial IT
iplicit’s New City-Level Board Targets Multi-Billion Pound Opportunity

Award-winning accounting software developer iplicit has unveiled a new City-level board to target a multi-billion pound opportunity in the UK and international mid-market segments.

Monday, June 27, 2022 - 10:22
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Financial IT
Singletrack Receives Significant Investment from Accel-KKR

Singletrack, the capital markets client engagement and analytics expert, today announced a significant capital growth investment from Accel-KKR, a leading technology-focused private equity firm. The investment will enable Singletrack to accelerate expansion plans into global markets and execute on strategic M&A.

Monday, June 27, 2022 - 10:13
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/news/fundraising-news/singletrack-receives-significant-investment-accel-kkr
Financial IT
Mercurity Fintech Holding Inc. Regains Compliance with Nasdaq Listing Rule 5250(c)(1)

Mercurity Fintech Holding Inc., a digital fintech group powered by blockchain technology, today announced that it received written notice from the Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq") stating that the Company has regained compliance with the Nasdaq Listing rule 5250(c)(1) and the matter is now closed.

Monday, June 27, 2022 - 09:39
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/news/blockchain/mercurity-fintech-holding-inc-regains-compliance-nasdaq-listing-rule-5250c1
Financial IT
1.5m UK Small Business Owners Expect Their Business to Contract This Year but Tech Offers Lifeline

New research among UK small businesses from Mastercard reveals two years on from the pandemic, rising inflation and energy costs are now their top concerns, although many remain positive about their future prospects provided they have the support they need to succeed.

Monday, June 27, 2022 - 09:29
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/news/infrastructure/15m-uk-small-business-owners-expect-their-business-contract-year-tech-offers
Financial IT
B2B BNPL Startup Playter Raises $55m from Klarna, Sofia and Pipe

Playter, a BNPL company based in the United Kingdom, has secured a $55 million loan and equity round led by Klarna, SoFi, and Pipe. 

Adit Venture Capital and Fasanara Capital led the round, and Fin Capital, Act Venture Capital, and 1818 Ventures also participated. The financing follows $1.7 million in seed funding in March. 

Playter offers to assist SMBs minimise their burn rate by allowing for the instalment payment of professional services fees. 

Monday, June 27, 2022 - 09:24
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/news/fundraising-news/b2b-bnpl-startup-playter-raises-55m-klarna-sofia-and-pipe
Financial IT
Fintech Infrastructure Firm Prime Trust Raises $107m in a Series B Funding Round

Series B funding was raised by Prime Trust, a one-stop shop for API-based financial infrastructure for fintech and digital asset entrepreneurs. 

The following investors participated in the round: FIS, Fin Capital, Mercato Partners, Kraken Ventures, Commerce Ventures, William Blair & Company, Decasonic, University Growth Fund, Gaingels, GateCap Ventures, and Seven Peaks Ventures. 

Monday, June 27, 2022 - 09:18
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/news/fundraising-news/fintech-infrastructure-firm-prime-trust-raises-107m-series-b-funding-round
Financial IT
SumUp Raises €590m at €8bn Valuation in a Funding Round Led by Bain Capital Tech Opportunities

SumUp, a London-based mPOS provider, has raised €590 million in a capital round that values the company at €8 billion - a decrease from the €20 billion valuation it sought earlier this year. 

Bain Capital Tech Opportunities led the round, with participation from BlackRock, btov Partners, Centerbridge, Crestline, Fin Capital, and Sentinel Dome Partners funds. 

Monday, June 27, 2022 - 09:09
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/news/fundraising-news/sumup-raises-eu590m-eu8bn-valuation-funding-round-led-bain-capital-tech
Financial IT
The Human Element of Open Banking in the EU

Driven by two complementary, powerful forces - innovation and regulation - open banking is proving to be a seismic shift for payments across Europe.

Reach, cost, conversion, security and user experience - open banking-enabled account-to-account (A2A) payments outperform traditional payment methods in every respect.

Monday, June 27, 2022 - 08:57
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Financial IT

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