Lucinity today announced the closing of a $17 million Series B investment round, led by 

Mobileware Technologies, a market leader offering UPI interoperability and scalable payment solutions for businesses that need to make digital payments, has partnered with Appnit Technologies Private Limited - a subsidiary of DMI Finance, to offer interoperable UPI solutions for seamless access to the payments ecosystem.

Archax, a global, regulated, digital asset exchange, brokerage and custodian based in London, has selected METACO, the market-leading provider of digital asset custody and orchestration technology to global financial institutions, to underpin and expand its institutional custody solutions for digital assets.

South Africa’s Rapid Payments Programme (RPP) is an industry-wide collaboration intended to create a simpler, safer, and cheaper instant payment environment for all South Africans. In simple terms, it will give people the ability to make real-time payments using simple identifiers, like mobile numbers or e-mail addresses to make transacting almost instantaneous.

RSwitch, the national e-payment switch of Rwanda, has announced a new partnership with African fintech giant EFT Corporation to enable Rwandans to access their money across all technological platforms.

Starling Bank is introducing a Bills Manager for small businesses to help business and sole trader account customers streamline their finances. 

The new feature gives small businesses the ability to have a Direct Debit or standing order taken from money set aside in any of their ‘Savings Spaces’ rather than their main account balance. 

Niyo, India’s leading consumer neo-banking platform, has appointed Jagadish B as its Head of Human Resources. Jagadish brings with him 25+ years of leadership experience in people processes. Prior to joining Niyo, he was associated with Thinksynq Solutions Pvt. Ltd as a partner. In the past, he has held HR leadership positions for India’s two leading telecom companies - Vodafone and Bharti Airtel.

UK retail investors are standing their ground amid global market sell-offs with more than nine in ten (95%) either holding onto their investments or ‘buying the dip’, according to the latest ‘Retail Investor Beat’, a quarterly survey of 10,000 retail investors across 14 countries, from social investment network, eToro.
 

Leading Australian payments automation provider Monoova today announced its merger with foreign exchange organisation Moneytech FX to deliver a  single platform that enables businesses to consolidate domestic and international payment processes and take advantage of faster cross-border transactions.  

BHMI, a leading provider of enterprise software applications and creator of the Concourse Financial Software Suite^®, and Payshop, a subsidiary of Banco CTT and part of the CTT Group, received the “Editor’s Choice Award” at the recent