Malaysian SoftPOS player Soft Space has completed a $31.5 million Series B1 funding to expand its global footprint and widen its customer base.

Liminal, a wallet infrastructure and custody solutions platform, recently celebrated its successful two-year journey by announcing that it has processed transactions worth $5.6 billion on its platform, with over $550 million worth of assets under protection.

Arcesium, a leading global financial technology firm, announced today the launch of AquataTM, a powerful out-of-the-box data platform. Aquata is engineered to empower various client types, including institutional asset managers, private markets investors, custodians, fund administrators, prime brokers, and hedge funds, to effortlessly access and manage their investment data.

Lyfeguard, a life planning assistant and document management platform, has appointed ex-Director of Digital at British Airways, Jack Smith, to its advisory board to help drive commercial growth and digital customer experience strategy.

Remitly Global, Inc. (“Remitly”), a leading digital financial services provider for immigrants and their families, today announced the appointments of Phyllis Campbell and Ryno Blignaut to its Board of Directors. 

British Arab Commercial Bank (BACB), the UK-regulated, specialist trade finance bank has announced that today the Board of BACB Plc approved the 2022 financial statements which confirm that the Bank has successfully navigated challenging market conditions and delivered exceptional overall results. This is testament to the extensive efforts over the past two years to reshape and reposition the Bank through its strategy of Safe, Sustainable, Growth under the leadership of our CEO, Eddie Norton.

Union Credit, a marketplace for credit unions to make firm, one-click credit offers at the point of purchase, today announced a partnership with TransUnion (NYSE: TRU) to better serve the evolving credit needs of consumers.

Contending with an uncertain economic climate and the ever-present threat of financial crime, it is more important than ever for banks and financial institutions to focus on ensuring they are both compliant and delivering maximum operational efficiency.

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CASHe, India’s leading credit-led, AI-driven financial wellness platform, today released the Financial Mood of the Millennials 2022-23 report, an exclusive and proprietary analysis based on a pool of 540,000 customers.  The report reveals unique and valuable insights into the millennials borrowing, spending, and investing habits.