Encompass Corporation, the global provider of real-time digital Know Your Customer (KYC) profiles, has appointed Neil Acworth as its new Chief Information Security Officer (CISO) as part of its focus on delivering gold-standard information security processes to global banks.
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Coterie, the insurtech MGA simplifying small business insurance, has announced a raise of $27M in new capital investment.
Mendix, a Siemens business, has appointed Astrid Lausberg as its new Chief People Officer (CPO). Previously Head of HR Operations and HR for Product and Technology, Astrid has joined the C-suite leadership team to support Mendix, a leading low-code application development platform, as a people-centric and purpose-driven organisation.
Solaris SE, Europe's leading embedded finance platform, today announced the signing of its Series F round led by SBI Group and other existing investors. The current round consists of EUR 96 million in additional capital and a financial guarantee of up to EUR 100 million in capital equivalent. Solaris will use the funds to onboard the ADAC (Allgemeiner Deutscher Automobil-Club) credit card program, strengthen its core capital and invest in the resilience of its platform.
Trustly, a global leader in innovative payment solutions, today announced a partnership with MoneyGram International, Inc. (“MoneyGram”), a leading global financial technology company that connects the world’s communities. Through this strategic alliance, MoneyGram introduces cardless payments for millions of its users across Europe.
MeaWallet, a leading digital payments enabler specializing in card tokenization, today announces the launch of its global Mea Card Gateway. A platform that has been developed to ensure the secure transmission of sensitive payment card data, serving as a vital link between MeaWallet customers, payment processors, and service providers.
Stenn, the leading digital fintech enabling growth for businesses engaged in international trade, e-commerce and digital services, has today welcomed Marcio Arnecke to its senior leadership team as its new Chief Marketing Officer. Following a record 2023 where profits-before-tax soared 80%, Marcio’s appointment is a clear signal of intent from Stenn as it continues to accelerate its global expansion and make working capital accessible to SMEs.
Smart money app Plum is launching its Cash ISA today with a market-topping rate of 5.15% AER (variable), designed to reward savers and protect their savings from tax.
The Plum Cash ISA holds cash savings tax-free up to the ISA limit of £20,000. It is available to all customers in the UK, who can also benefit from Plum’s smart automation to manage their money.
Moove, the global mobility fintech that democratizes access to vehicle ownership for mobility entrepreneurs, today announces that it has raised $100 million in a Series B funding round, valuing the company at $750m. Uber invested in the round alongside Mubadala, who led Moove’s previous funding round in 2023.