GCEX (GCEX Group), a leading regulated digital prime brokerage renowned for providing brokers, funds and professional traders with access to deep liquidity has appointed industry veteran, Jonathan Brewer as Chief Revenue Officer.

Based in the UK, Jonathan Brewer’s focus will be on driving growth from institutional and professional clients across all GCEX entities including the UK, Denmark and UAE.

Novel announces a $15M oversubscribed Pre-Series A round, co-led by IGNIA Partners and Ulu Ventures, to propel the fintech’s expansion of their groundbreaking Capital Intelligence™ platform.

In recent years, there has been a clear shift in the way payments are perceived in the travel industry. Previously, payments have been an afterthought, acting simply as the final step in the buying journey for consumers, rather than adding any form of value in the customer experience. Whereas today, the payment journey has become a central part of a travel business' customer experience.

In a significant development, Visa and Mastercard have reached a settlement totaling $197 million to resolve a prolonged class action lawsuit alleging the manipulation of ATM fees to artificially inflate costs.

The lawsuit, which has been ongoing for a considerable period, asserts that the ATM network regulations imposed by Mastercard and Visa resulted in inflated access fees for individuals withdrawing cash from bank-operated machines.

Southeast Asia Commercial Joint Stock Bank (SeABank, stock code SSB) and Visa Inc. further tightens their comprehensive cooperative partnership by a strategic cooperation agreement on developing digital payments. This cooperation aims to facilitate SeABank's delivery of the best solutions, improvement of data capacity and expertise to open up new opportunities for advancements, thereby accelerating SeABank's payment services development strategy.

Coin Metrics, a leading provider of crypto financial intelligence, is pleased to announce that it has added data from Coinbase Derivatives and the Coinbase International Exchange to its Market Data Feed.

Light Frame, a pioneering Swiss-American FinTech company headquartered in Providence, R.I., today announced the successful oversubscription and completion of its Pre-Seed financing round, raising $1.7 million.

As businesses grow, the complexity of sales tax compliance increases. Addressing this challenge is Kintsugi, a fintech startup using advanced AI to simplify tax compliance. Today, Kintsugi announced the successful completion of a $6 million Series A funding round, valuing the company at $40 million.

Forward, a tech partner that enables SaaS companies to integrate and monetize payments, has successfully raised $16M in seed funding. This round was spearheaded by Commerce Ventures, Elefund, and Fiserv. The new capital will help Forward cater to the growing demand from software partners and leverage artificial intelligence to enhance payment risk functions, significantly improving both client and merchant experiences.