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OnPay Raises Over $100 Million in Funding

OnPay, a leading provider of payroll, HR, and benefits solutions, announced today that it has secured more than $100 million in funding.

The funding consists of a $63 million Series B funding round led by Carrick Capital Partners, with participation from AB Private Credit Investors, the middle market private capital platform of AllianceBernstein, as well as existing investors, and a debt facility provided by MC Credit Partners.

Wednesday, January 8, 2025 - 15:25
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Financial IT
EQ Appoints Dan Kramer as Chief Executive, Global Shareholder Services

Equiniti (EQ) is pleased to announce the appointment of Dan Kramer as Chief Executive to lead its combined Global Shareholder Services division.

Wednesday, January 8, 2025 - 15:17
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Financial IT
Garanti BBVA Kripto Partners With Bitstamp for Liquidity Services

Garanti BBVA Kripto, a subsidiary of Turkey’s Garanti BBVA, has announced its partnership with Bitstamp to enhance cryptocurrency trading services for its customers.

Bitstamp, a globally regulated crypto exchange and subsidiary of Robinhood, will act as the primary liquidity provider through its Bitstamp-as-a-Service platform.

Wednesday, January 8, 2025 - 15:10
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Financial IT
Bank of Hangzhou Extends Scope on MX.3 With FRTB Solution

Bank of Hangzhou has expanded its use of Murex's MX.3 platform by implementing the Fundamental Review of the Trading Book (FRTB) solution, MX.3 for FRTB, using the standardized approach (SA).

The Bank of Hangzhou initially implemented MX.3 in 2021 to support capital markets activities across asset classes, covering front-office, back-office and risk management functions. The platform has consistently met the bank's needs for business expansion, risk management and compliance.

Wednesday, January 8, 2025 - 15:03
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Financial IT
International's Digital Payment Solution to Power New Money Fellows Offering in Egypt

Network International, a leading enabler of digital commerce in the Middle East and Africa, has partnered with Money Fellows, the leading money circles app, to power a new solution that will leverage its best-in-class payment functionality. 

Wednesday, January 8, 2025 - 12:51
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/news/payments/internationals-digital-payment-solution-power-new-money-fellows-offering-egypt
Financial IT
TransUnion Announces Agreement to Acquire Financial Technology Company Monevo, a Credit Prequalification and Distribution Platform

TransUnion has signed a definitive agreement to acquire U.K.-based Monevo, a credit prequalification and distribution platform that empowers lenders and banks to deliver highly personalised credit offers to consumers via comparison websites and other third parties.

Wednesday, January 8, 2025 - 11:42
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/news/infrastructure/transunion-announces-agreement-acquire-financial-technology-company-monevo
Financial IT
Travelex Unveils New Qatar Store as Middle East Expansion Accelerates

Leading Foreign Exchange company Travelex has unveiled a new retail location at Hamad International Airport – reflecting the brand’s ongoing expansion across the State of Qatar.  

Wednesday, January 8, 2025 - 10:44
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Financial IT
Volante Technologies Recognized as a Global Market Leader in Innovation: Payment Hubs, 2024–25 Omdia Universe Report

Volante Technologies, the global leader in

Wednesday, January 8, 2025 - 09:28
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/news/payments/volante-technologies-recognized-global-market-leader-innovation-payment-hubs-2024-25
Financial IT
Nuvei Enters Strategic Partnership With Gaming Innovation Group (GiG)

Nuvei Corporation, the Canadian fintech company, has entered a new strategic partnership with GiG, a leading B2B technology provider to the iGaming industry. This collaboration enables iGaming operators to optimize their payments functionality through their existing integration with GiG's CoreX solution.

Wednesday, January 8, 2025 - 09:23
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/news/payments/nuvei-enters-strategic-partnership-gaming-innovation-group-gig
Financial IT
ThreatMark Secures $23 Million to Advance the Fight Against Online Fraud

ThreatMark has always been dedicated to ensuring that people feel secure in their online transactions. In line with this mission, they are thrilled to announce a major step forward: securing $23 million in a funding round led by Octopus Ventures, Riverside Acceleration Capital, and Springtide Ventures.

Wednesday, January 8, 2025 - 08:47
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Financial IT

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