Mitsubishi Group (MUFG) the second largest banking and finance group in the world has injected another $120 million investment into the Mars Growth fund, a 50/50 joint venture owned by MUFG and Liquidity Capital. MUFG has a broader strategic relationship with Liquidity and this latest investment represents their cumulative investment of $220 million to date.

Mike Packer joins Iliad team to bring wider payments testing adoption in key market

~ Merchants can accept e-RUPI on mPOS and Mobile App ~

 Boosting ease of digital payment acceptance by MSMEs across India, Mswipe has gone live with e-RUPI for all its 6.75lakh POS and 1.1 million QR merchants. Mswipe has powered hospitals and healthcare facilities to accept the digital vouchers from beneficiaries, thereby giving a boost to the vaccination drive against COVID-19.

SOL unveils virtual card and new brand as it redefines the customer experience

SOLmate, an online payment platform that offers clients a digital wallet facility, has unveiled an exciting new product offering together with an extensive rebrand and renewed corporate vision. Following a name change to SOLmate, the fintech has launched a new, innovative virtual card – placing unbanked and underbanked clients at the centre of SOLmate’s business offering.

TraditionDATA, the data and information services division of Compagnie Financière Tradition (Tradition), today announced major SOFR enhancements to Bloomberg Capital Markets Package (BCMP), a joint data service between TraditionDATA, CME Group and Bloomberg, that is available via the Bloomberg Terminal. Effective immediately, BCMP users will be able to access new SOFR-focused content, including USD Medium Term Swaps vs. SOFR, USD SOFR Basis Swaps and SOFR OIS Swaps data. 

Global investor services group IQ-EQ, today announced that its specialist regulatory hosting and outsourced compliance business, Lawson Conner, has rebranded as IQ-EQ.

Investments in customers and partners of the global issuer processor accounted for 13% of worldwide fintech investment in the first half of the year

Inflation a key worry for people across the UK despite 48% of those surveyed not knowing what the current rate is

SurePay, inventor and leading provider of Confirmation of Payee (CoP) in the UK and Benelux, raised a €12.2 million round led by Connected Capital with Iris Capital, joining Rabo Frontier Ventures to boost the company’s international expansion.

The funding will support the hiring of new business development teams in Germany, the UK, a cross border team and new IT experts to scale the technology platform and to further develop new solutions for customers.