Trustly, a global leader in Pay by Bank solutions, today announced its financial results for the year ended 31 December 2024, highlighting a strong growth trajectory across verticals in Europe and North America.

Trustly processed a total payment value (TPV) of $87 billion in 2024, marking a 54% increase year-on-year. Net revenue grew by 32% to $239 million, while adjusted EBITDA rose by 50% to reach $73.2 million.

Natech Banking Solutions, Southern Europe’s leading banking  technology platform, today announced the successful completion of its Series B capital increase, securing over $33 million in growth funding. The round comprises $26 million in equity and $7 million in long-term,  low-interest debt, reinforcing Natech’s position as a key enabler of modern banking across Europe.

Finofo, the financial operations platform helping businesses manage global payments, international receivables, FX, and AP workflows, today announced a $3.3 million seed funding round led by Watertower Ventures, with continued support from Motivate Venture Capital, SaaS Ventures, and Alberta-based private investors.

The round follows a $1.7M pre-seed in 2023 and reflects the strong market pull and adoption Finofo has seen over the past year.

Xsolla, a global leader in video game commerce, today announced a new partnership with Affirm , the payment network that empowers consumers and helps merchants drive growth. Through this partnership, Affirm’s transparent and flexible payment options are now available to game developers using Xsolla’s payments tools in the U.S., with plans to expand to Canada and the UK in the coming months.

SWIVEL®, a leading digital payments solutions company, is excited to announce a new strategic integration with Paydoff, a cutting-edge collections automation and engagement provider for financial institutions.

In partnership with IMRG, the UK’s online retail association, inclusive global payments platform, Ecommpay has launched a new report, 

Flutterwave, Africa’s leading financial technology company, is reinforcing its commitment to businesses in Cameroon with a comprehensive suite of digital payment services that are officially licensed by the Central Bank for Central African States.

GiveCard, a platform purpose-built to help nonprofits and government agencies disburse and manage funds over prepaid funds, today announced a strategic collaboration with Visa.

A new Money Without Borders report from Thunes, the Smart Superhighway to move money around the world, highlights how evolving consumer demands, especially among diaspora communities, are reshaping the future of cross-border payments.

The findings indicate the significant potential of emerging technology such as stablecoins and open banking to meet consumer demand for faster, more transparent everyday international payments.