Axyon AI, a pioneering Italian AI fintech company, has closed its latest funding round led by the US-based venture capital firm Montage Ventures and accompanied by Techshop SGR, alongside other angel investors. The round marks a new chapter in Axyon AI's journey towards revolutionizing the Asset Management industry with cutting-edge AI technology.

Travelex, the market-leading travel money brand in Australia, has relaunched online foreign exchange (FX) cash services for Commonwealth Bank of Australia (CBA), the country’s largest bank. 

Kantox, a global leader in Currency Management Automation software, has today announced the launch of Kantox In-House FX. The solution allows companies to centralize the foreign exchange (FX) management and trade executions of their subsidiaries, maximizing exposure netting for the group and enhancing liquidity.

Iliad Solutions, a global leader in payments testing, is offering support to financial institutions integrating the next SEPA Instant Credit Transfer (SCT Inst) rulebook version scheduled to go live in March 2024. 

Leading payment orchestration platform, BR-DGE, has announced strong growth in 2023 in response to increasing market demand.

WealthKernel, a wealthtech provider of digital investment solutions, today announces that it has secured an investment of £6 million in a Series A extension round led by ETFS Capital. The round also saw the participation of other prominent investors, including XTX Ventures, the venture capital arm of leading algorithmic trading company XTX Markets. 

Elwood Technologies LLP, a leading software-as-a-service platform that provides institutional-grade access to digital asset exchanges and liquidity venues, today announced it has been authorised as a service company by the UK Financial Conduct Authority. This authorization applies to Elwood's execution management system ("EMS") about security tokens and derivatives.

BNP Paribas Personal Finance has joined forces with SuperTech, in collaboration with STEAMhouse as the delivery partner, to unveil the Innovation Lab – aimed at addressing data-led challenges in the financial services sector.

PAX Technology, the world's leading payment terminal solutions provider, is pleased to announce that Fiserv Polska, the owner of the PolCard brand, has introduced the PAX A920Pro SmartPOS device into its offering in Poland. The cooperation marks another milestone between Fiserv and NOVELPAY - FinTech Software House, following the successful implementation of unattended IM20 terminals. They have been deployed in ticket machines provided by The Mint's of Poland and in DHL's parcel machines.

SEON, the leading end-to-end fraud prevention and AML platform helping companies mitigate fraud and safeguard against revenue threats, today announced the expansion of its executive leadership with the appointment of Björn Heckel as Chief Technology Officer.