Mendel, Latin America’s leading enterprise spend management platform, announced today the closing of a $35 million Series B round led by Base10 Partners with participation from PayPal Ventures, and support from existing investors Infinity Ventures, Industry Ventures, Hi.vc. Endeavor Catalyst is also investing.

NMI®, a global leader in embedded payments infrastructure, announces the availability of its new Tap to Pay solution on the Google Play Store. 

Fiserv, Inc., a leading global provider of payments and financial services technology, today announced that Republic Bank & Trust Company (Republic Bank) has chosen the Fiserv award-winning DNA® platform to enhance the company’s banking system capabilities and drive operational efficiencies to realize their digital transformation goals.

Zilch, the fintech payments innovator of the world’s first ad-subsidised payments network (ASPN), has seen its undisputed position as the UK’s fastest-growing unicorn company confirmed in a Financial Times ranking of high-growth firms.

The FT1000 league table ranked Zilch the highest of the UK’s unicorns - private firms worth more than $1 billion. 

The Interledger Foundation has opened funding for fintech and web-based platform projects that will become part of its interoperable payments network via the Interledger Protocol (ILP)--to build out its vision for an open digital economy. With projects in 40 countries, the organization is already working with businesses to spearhead initiatives that reimagine existing financial infrastructure and introduce new money movement use cases.

inDrive, a mobility and urban services platform operating in 888 cities across 48 countries, is pleased to announce the launch of inDrive.Money in Peru. This marks the service’s fourth market of operation, aiming to drive greater financial inclusion for gig economy workers, including drivers and couriers. 

No wonder financial regulations are tightening. While no-one knows for sure, the National Crime Agency reckons that £100bn of illicit finance is laundered through the UK every year. £12bn of that originates from these shores, it says. The rest is imported. The real-world impact is dreadful, and everywhere: people are trafficked, drugs sold, terrorists financed.

Sibstar, the debit card and app for adults who need help managing their everyday money, today launches its crowdfunding campaign on Crowdcube’s platform, with the aim of securing a total of £350,000.