Payd, a leading Malaysian fintech company specializing in Earned Wage Access (EWA) solutions, has successfully raised a USD 400,000 Seed Extension round from A2D Ventures, Orbit Startups, and AngelSpark. This investment will accelerate Payd’s mission to enhance the financial well-being of employees across Southeast Asia. 

Empowering Employees with Financial Flexibility 

finova, the UK's largest cloud-based mortgage and savings software provider, has today announced the launch of its new mobile-first onboarding app for savers, expanding its suite of products available for lenders and savings providers.

Leading virtual payments provider Conferma has partnered with global commerce platform WEX to enable Concur® Invoice customers to dramatically reduce costs and control their B2B payments spend. 

Finastra today announced the launch of Assist.AI, an AI-powered assistant designed to enhance the trade finance operations within its Trade Innovation solution. The tool, built on architecture powered by Microsoft Azure OpenAI Service, bridges the knowledge gap in the trade finance industry, providing users with instant, accurate, and context-aware assistance.

Kivra and Trustly have developed a new generation of Autogiro, making automatic payments easier than ever. The service allows users to register direct debit with a simple BankID confirmation, lowering the barriers to sign-up. For businesses, the solution can drive more on-time payments, reduce administrative workload, and enhance the customer experience.

Trust Bank, a leading private commercial bank in Bangladesh and TerraPay, a global money movement company have partnered to offer an innovative payment solution for all students in Bangladesh. This first-of-its-kind initiative, it’s an alternative to the traditional payment system, reshaping how Bangladeshi students pay tuition fees and manage living expenses while studying abroad.

NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that it has received the ATM Industry Association (ATMIA) Outstanding Service Award.

Shawbrook Bank, a leading UK specialist bank known for its tailored financial solutions, has transformed its mortgage product development process with AND Digital.

Through the partnership, Shawbrook were able to reduce the time required to switch mortgage products from 107 days to 13, through AND Digital leading a comprehensive upskilling initiative to build a high-performing team while delivering critical software enhancements.

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has become the first Islamic bank globally to have migrated to cloud-native architecture using ZERO footprint topology and the first bank in the UAE/GCC to successfully implement Swift’s Alliance Cloud platform. This collaboration will enable ADIB to further upgrade its financial messaging capabilities and leverage advanced technology to deliver secure, efficient, and scalable services to its retail and corporate customers.

Froda, a leading provider in SME financing, has strengthened its partnership with the European Investment Fund (EIF), by securing an additional lending capacity of €100 million. This builds on an existing €50 million guarantee, bringing the total to €150 million and extending Froda’s financing reach across all 27 EU member states. The agreement marks Froda as the first company to establish an EU-wide microfinance partnership with the EIF, providing critical financing support to SMEs across Europe.