Mollie, one of the fastest growing payment service providers in Europe, today announced it will be opening a development hub in Lisbon, Portugal. The office will be home to over 100 Mollies by 2023 and is part of the company’s plans to dramatically increase its product development velocity. The news comes just weeks after Mollie’s Series C round, in which it raised 665 million Euro, valuing the company at 5.4 billion Euro.
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Global end-to-end payments provider Paysend announced today that more than 300,000 U.S. customers have used its platform to send digital money transfers across borders in the past three quarters.
State Street Corporation (NYSE:STT) announced today that it has entered into an agreement to acquire Mercatus, Inc., a premier front-and-middle-office solutions and data management provider for private market managers. The transaction is expected to be completed in September subject to customary closing conditions. Financial terms are not being disclosed.
Financial technology leader Worldpay from FIS® (NYSE: FIS) has been selected by cryptocurrency platform OKCoin to provide global merchant acquiring and foreign exchange services to support its continued global expansion, currently spanning 190 countries.
When State Farm looked to the future needs of its customers, helping more people achieve their financial goals was paramount. Offering a better investing experience is critical to deepening the relationship State Farm agents have with customers, as well as expanding the scope of investment products and services available to State Farm customers.
Hence announced today that it is now among the first start-ups globally to leverage the Palantir Foundry platform. This bolsters Hence’s already considerable capabilities in revolutionizing the relationships companies have with their external lawyers and consultants. Hence uses data and AI to help global corporations manage relationships with lawyers and consultants in real-time. This levels the playing field between clients and their providers, making the $2 trillion market for legal and consulting services more transparent.
The world’s #1 pricing and billing software provider SunTec Business Solutions, today announced the opening of its new development center in Chennai’s Ramanujam IT City (Taramani, Rajiv Gandhi Salai).
The new center will be SunTec’s fourth base in South India with existing offices and development centers in Kochi and Bangalore apart from its Headquarters in Trivandrum. SunTec also said that it is looking to hire over 100 professionals for specialized roles in product engineering and product support across all its locations.
Many businesses are already utilising the cloud in some way, with 61 per cent moving their workloads into the cloud in 2020. However, many are yet to carry out their full cloud migration.
I was flying home from San Francisco to London last year when everything was shutting down around us. I was returning to a deserted city center, a stock market in free fall, a world of remote working where interaction with colleagues, friends and families was through video conferencing and messaging apps, where online shopping and home delivery became the norm. I found a cashless society that had moved to contactless payments and online transactions.