CapitalOS, a fintech company providing a first-of-its-kind spend management infrastructure for B2B platforms, today announced its $39M across equity funding and debt financing.

Paysend, a global fintech leader in international money transfers, has successfully raised an impressive $65 million in its latest funding round.

WeeFin, a pioneering company in the FinTech industry, has announced securing a substantial €7M in Series A funding.

This impressive financial injection was led by European investment fund IRIS and Ring Capital, with further contributions from existing investors Asterion Ventures and Investir&+. The funding round is expected to reach a total of €10M by the year’s end, including non-dilutive funding.

One of Wales’ most established companies, The Royal Mint, has become the latest company to partner with FinTech Wales, the independent membership association and champion of the Fintech and Financial Services industry in Wales.

Icon Solutions today announces that its Icon Payment Framework (IPF) – a low-code, cloud-native, open source-based technology framework used by leading banks globally – has been awarded ‘Qualified Software’ status by Amazon Web Services (AWS). Icon has also become a member of the Amazon Partner Network.

Creditinfo, a global service provider for credit information and risk management solutions, has today announced the appointment of Satrajit Saha as its Global Chief Executive Officer (CEO). With over 20 years of experience in banking and credit bureaus, Satrajit will drive the growth of Creditinfo and the maturity of its credit bureaus globally. He joins the company from TransUnion Europe, where he held the position of CEO for the last five years.

Montonio, a fast-growing online payment solutions provider, announces a strategic partnership with Venipak, an international delivery platform and one of the largest express delivery networks in the Baltic States. This collaboration marks a significant step in the e-commerce sector, especially in the Baltic region, by merging state-of-the-art shipping technology with Montonio's comprehensive payment systems.

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, and Bank of Commerce, an affiliate of San Miguel Corporation (SMC) group and one of the fast-growing universal banks in the Philippines, today announced the bank’s decision to select Infosys Finacle Suite for its core banking transformation.

 Almost half (48%) of 25–34-year-olds have or know someone who has been a victim of financial fraud, with fraudsters taking £570 from people on average, according to new research out today. 

The data from GFT’s latest ‘Banking Disruption Index’, a quarterly survey of consumer sentiment towards digital banking, found that one in five (22%) victims had to wait up to two weeks to get their money back from their bank.  

Qumulo announced Global Namespace, a software solution that scales to exabytes anywhere unstructured data is needed, and seamless integration with AWS-based Qumulo file storage. With these new capabilities, Qumulo brings more choices for infrastructure owners to store and manage their file data in AWS, without compromising enterprise features or paying exorbitant costs.