• Funding round led by Flourish Ventures and global venture capital firm Antler, with participation from Trihill Capital, Better Tomorrow Ventures, Rally Cap Ventures and notable fintech angels

∙ Combined  Nexi+Nets  revenues  at  €  2,268.8  million  in  FY21,  +10.0%  Y/Y;  €  618.1  million in 4Q21, +11.1% Y/Y   

∙ Combined Nexi+Nets EBITDA at € 1,094.5 million in FY21, +12.1% Y/Y; € 319.7 million  in 4Q21, +11.6% Y/Y. Continued EBITDA Margin expansion  

∙ Continued volume growth in 4Q21 despite Omicron variant, driven by double‐digit  growth in Italy compared to pre‐Covid levels. Positive growth in basic consumption  across geographies  

Record-breaking results in software subscription billings, cloud billings, and customer adoption as the growth of unstructured data increases exponentially

 Armaan Resales, the world’s fastest-growing DropShipping network, has added new suppliers and wholesales in Eastern Europe and the Middle East. By providing clients with an expanded variety of location-based product manufacturing and despatch hubs, their potential to reduce their carbon footprint and expedite shipping times is significantly increased.

Quant Insight (Qi), quantitative financial market analytics and trading insights provider, today announces the launch of iQbyQi, a new product empowering retail traders in Europe and the Middle East with institutional grade analytics, currently reserved for the world’s top asset managers and hedge funds.

TrueLayer, Europe’s leading open banking platform, today announces that innovative investment platform Tillit has implemented its open banking Payments API to deliver an enhanced investor experience.

Alfa-Bank offered its customers the opportunity to renew their IDs data directly in the mobile application. The new service allows you to update data if the ID document is replaced, lost, or for other reasons – you do not have to visit the office for this purpose.

• Worldpay from FIS selected by SumUp to provide global acquiring services.
• SumUp will utilise Worldpay’s scale to support continued global expansion.

Financial technology leader FIS^® has today announced that global fintech SumUp will use Worldpay’s merchant solutions portfolio, as the Europe-based fintech leader continues its global expansion.

New capability considers a company’s registration status as an indicator of AML/BSA compliance risk   

The battle to capture customer hearts and minds is never-ending within the financial services industry, as banks constantly look to increase their market share. According to the Digital Banking Report, improving the customer experience has become a top priority for banks, as they continue to realise its importance to their future success.