Global fintech SumUp has launched its latest innovation in the UK, the Solo Lite card reader, now available to merchants across Europe. 

Solo Lite empowers small businesses and entrepreneurs with a cost effective, portable, reliable, and easy-to-use payment solution. A one time device cost of £25 and a small fee for every transaction makes it an ideal starter device for entrepreneurs. 

Thredd, the leading next-generation global payments processor, today announced that Vault Payment Solutions, Australia’s leading provider of secure card payments, has selected Thredd to power its expansion into new regions on Mastercard’s global network. The partnership will support Vault’s launch of new prepaid, debit, and private-label card programmes in Australia and the United Kingdom.

Volante Technologies, the global leader in Payments as a Service (PaaS), today announced its recognition as a Leader in the 2026 Gartner® Magic Quadrant™ for Banking Payment Hub Platforms, which evaluates vendors based on Ability to Execute and Completeness of Vision. In Volante’s view, Gartner positioned them as a Leader based on their capacity to support enterprise-scale payment processing in banks and financial institutions across multiple regions, deployment models, and operational environments.

PayPal Holdings Inc. today announced that its Board of Directors has appointed Enrique Lores as President and CEO, effective March 1, 2026. Lores, who has served on the PayPal Board for nearly five years and as Board Chair since July 2024, succeeds Alex Chriss. To ensure a seamless transition, Jamie Miller, Chief Financial and Operating Officer, will serve as Interim CEO until Lores assumes the role. David W. Dorman has been appointed as Independent Board Chair, effective immediately.

Global management and technology consultancy Capco, a Wipro company, today announced a strategic partnership with Taurus SA, a leader in enterprise-grade digital asset infrastructure. The new partnership will see Capco acting as Taurus’ implementation and integration partner in Continental Europe, supporting financial institutions as they deploy and integrate Taurus’ digital asset infrastructure within existing banking and capital markets environments.

myTU, an AI-native, cloud-first digital bank headquartered in Lithuania, has partnered with Intrepid Fox, a London-based AI-powered Know Your Business platform, to accelerate and simplify business onboarding for companies operating across the European Economic Area.

BBVA (Banco Bilbao Vizcaya Argentaria) has officially joined Qivalis, a consortium of leading European banks working to establish a MiCAR-compliant euro-stablecoin issuer, currently progressing towards authorisation by the Dutch Central Bank (DNB). The consortium now comprises twelve European banks: Banca Sella, BBVA, BNP Paribas, CaixaBank, Danske Bank, DekaBank, DZ BANK, ING, KBC, Raiffeisen Bank International, SEB, and UniCredit.

Bolt, the checkout, identity and payments leader powering faster, smarter commerce, today announced a multi-year partnership with Atomic to bring embedded investing capabilities to the Bolt SuperApp. Through the partnership, Bolt will offer consumers the ability to open brokerage accounts, trade stocks and ETFs and invest through automated managed portfolios directly within the Bolt experience.

Super Micro Computer, Inc., a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, today announced unaudited financial results for its second quarter of fiscal year 2026 ended December 31, 2025.

Second Quarter Fiscal Year 2026 Highlights

Cytora, the digital risk processing platform, has announced a strategic partnership with Altitude Intelligence, a provider of specialized intelligence-as-a-service capabilities. This collaboration integrates Altitude Intelligence’s advanced geospatial (GEOINT) and multi-source fusion data directly into the Cytora platform, allowing commercial insurers to automatically enrich submissions with granular climate and location-based insights at the point of underwriting.