EBANX, the leading cross-border commerce platform in Latin America connecting global merchants with local consumers, today announced an investment of US$400 million from Advent International and an additional commitment of US$30 million to the company's planned IPO in the U.S. Advent is one of the largest private equity firms in the world and one of the most successful investors in the Payments industry, having made investments in Vantiv, Worldpay, Nets, Nexi, Planet, Xplor Technologies, Prisma, Concardis, Monext, and Stone.

Monneo, a virtual IBAN and corporate bank account provider, is proving a hit with yachting and marine businesses.

Unlike traditional banks, Monneo simplifies the management of corporate banking for companies with unique financial needs.

Having a multi-tiered structure provided by Monneo, allows companies better visibility and control of funds as they can decide how much money to transfer to each yacht and its crew’s sub-accounts.

nexo standards, which offers the payment community a unified, ISO-based solution for payment acceptance, has expanded its scope beyond card-based transactions to support changes in the ways consumers are paying for goods and services; for example using mobile wallets, instant payments, request-to-pay and QR codes; and new payment scenarios such as open-loop transport payments. 

United Fintech has announced its Advisory Board, with the appointment of six world-class experts who will play a key role in the global expansion of the fast-growth firm launched by Christian Frahm to help banks, hedge funds and asset managers to accelerate their transition to a digital world through access to fintechs specialising in capital markets.

The members of the Advisory Board are:

Reach, the global payment localization provider has announced the appointment of two members of senior management, with Sarah Hermary joining as Head of Human Resources, and Lohrasp Seify as Head of Data. The new hires will support Reach’s impressive and rapid expansion plans, following a successful start to 2021. 

Volante Technologies, the global leader in cloud payments and financial messaging, and SIA, a leading European hi-tech company in payment services and infrastructures, controlled by CDP Equity, have signed a partnership agreement to enable banks, financial institutions and payment service providers to access instant payments, speeding up the adoption of digital payments in Europe.

Fabrick, Italy’s leading open banking ecosystem, is launching a suite of API based solutions that harness Open Finance. Fabrick has created two market-ready solutions based on Mastercard’s APIs: InControl for Business and Identity Check Mobile (IDCM) and utilises them to bring value to end users with easy-to-use applications.

4OTC, the FinTech connectivity specialist for FX and digital assets, today announced that Cobalt, a provider of risk and settlement infrastructure for FX and digital assets, is using 4OTC's new TicketLounge service to capture and normalise post trade data onto a single FIX API.

TicketLounge is 4OTC's second product launch in only four months. In February this year, it was announced that Cobalt was also using 4OTC’s first service, 1API to connect with market data in the Digital Asset and FX Markets.

Temenos, the banking software company, today announced that Standard Chartered has extended its strategic relationship with Temenos to support its growing Financing and Securities Services offering.