In a major deal that reaffirms the market's confidence in global fintech SumUp as a company with solid revenues and foundations, and a bright future, the company raised €1.5 billion from private credit lenders in a round led by Goldman Sachs - one of the largest European private credit deals of its kind in recent years. The money will be used to refinance existing debt and seize global growth opportunities.

Kroll, the leading independent global risk and financial advisory solutions firm, announced today the appointment of Jennifer Huntington as Chief Operating Officer. In this role, Huntington will oversee Kroll’s global business operations and technology function to drive greater consistency, discipline and operational excellence across the firm’s professional and corporate shared service capabilities in support of Kroll’s growth strategy.

SafeBase, a firm known for enabling friction-free security reviews, announced today it has successfully secured a $33 million Series B funding round.

This injection of capital raises the total funding of the company to over $50 million.

Borderless AI, a leading Employer of Record (EOR) services provider, announced its strategic partnership with Nium, the global leader in real-time, cross-border payments, aiming to revolutionize cross-border payments in the EOR industry.

Marqeta, the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced the expansion of its US partnership with Uber Eats into eight additional markets: Canada, Australia, Mexico, Brazil, Colombia, Peru, Chile and Costa Rica. Marqeta’s global platform allows customers to launch card products in more than 40 markets through a single integration.

9Spokes, a data platform that specializes in integrating and aggregating business and financial data, today announced the launch of its multi-bank feature, a significant advancement in financial transparency and access for small and medium-sized businesses (SMBs). This new feature provides SMBs with a consolidated view of their financial accounts across multiple institutions and service providers, aligning with the global movement towards open banking and open data.

Vehicle finance provider, Close Brothers Motor Finance, has joined Zuto’s marketplace of trusted lenders, enhancing access to its products and digitising the customer journey.

Fingerprint, the world's most accurate device intelligence platform, is partnering with Oscilar, a trailblazer in AI-driven risk and fraud management, to empower fintech companies with advanced fraud prevention and detection capabilities while ensuring a frictionless customer experience.

Outpayce, which was launched last year to evolve Amadeus’ travel payments business, has been granted an eMoney institution (EMI) license by the Bank of Spain. As a licensed e-money issuer, Outpayce will be able to provide regulated payment services in Spain such as accepting customer funds, issuing pre-paid debit cards, and offering transfers of funds on a payment account and, in the future, passport its services across the European Union.

CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, today announced the company is expanding its relationship with Origami Risk (“Origami”), the industry-leading risk, safety and insurance software as a service (SaaS) technology firm.