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Marco Secures $12M in Series A Funding

Marco, the trade finance platform catering to the needs of SME exporters in Latin America, has announced the successful closure of a $12 million Series A funding round. The round was led by IDC Ventures, with additional participation from IDB Lab (the innovation and venture laboratory of the Inter-American Development Bank Group), Barn Invest, SquareOne Capital, Arcadia Funds, Florida Funders, Miami Angels, Kayyak Ventures, and Neer Ventures, among others.

Wednesday, March 20, 2024 - 12:33
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Financial IT
Hyperledger Foundation Adds Citi and Brazilian Development Bank as New Members; Launches Financial Services Working Group to Support Rapid Industry Adoption of Hyperledger Besu

Today, Hyperledger Foundation, the open, global ecosystem for enterprise-grade blockchain technologies, announced Citi and the Brazilian Development Bank (BNDES) as new members. Additionally, the foundation unveiled a new Hyperledger Besu Financial Services Working Group, chaired by DTCC, that will support operationalizing the open-source Ethereum client for enterprise end-user applications.

Wednesday, March 20, 2024 - 11:53
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Financial IT
Chubb and Atome Announce Regional Partnership to Drive Consumer Protection Across Southeast Asia

Chubb, a world leader in insurance, and Atome, one of Southeast Asia's leading digital financial services platforms, today announced a regional partnership to help drive consumer protection across Southeast Asia. The partnership will enable both companies to co-create a range of insurance products available to Atome's customers in Singapore, Malaysia, the Philippines and Indonesia.

Wednesday, March 20, 2024 - 11:41
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Financial IT
Paynetics Appoints Hana Rolles as UK CEO

Paynetics, one of Europe’s leading providers of embedded finance, has appointed Hana Rolles as UK Chief Executive Officer (CEO).

After serving as Chief Revenue Officer since September 2023, Hana, who has played a crucial role in driving revenue and cultivating strategic partnerships, will now spearhead the business as it enters its next growth phase.

Wednesday, March 20, 2024 - 11:32
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Financial IT
Micropayment and Tink Partner to Launch Pay by Bank at Checkout
Micropayment, the Berlin-based payment processor, has partnered with Tink, a market-leading payment services and data enrichment platform, to add Pay by Bank to its payments offering.
Wednesday, March 20, 2024 - 11:27
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Financial IT
PayPoint and Lloyds Bank Announce Major Strategic Partnership Expansion

PayPoint Plc and Lloyds Bank are pleased to announce a major partnership expansion, which will see Lloyds Bank Cardnet become the main card-acquiring partner across the PayPoint Group’s extensive network of over 60,000 SME and retailer partners.

Wednesday, March 20, 2024 - 11:22
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Financial IT
Klarna Flexible Payments Now Live on Boots.com and in the Boots App

Klarna, the AI-powered global payments network and shopping assistant, has today announced the launch of its flexible payment options on boots.com and in the Boots app in the UK and Ireland. Today’s announcement follows the launch of Klarna in-store at Boots in 2022.

Wednesday, March 20, 2024 - 11:18
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Financial IT
BioCatch and Google Cloud Team Up to Bring Fraud Detection and Financial-Crime-Prevention Solutions to Emerging Markets

BioCatch®, the global leader in digital fraud detection and financial crime prevention powered by behavioral biometric intelligence, announced a partnership with Google Cloud to extend fraud-prevention solutions into new and rapidly expanding markets, with an initial focus on Southeast Asia.

Wednesday, March 20, 2024 - 11:13
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Financial IT
Achieve Announces Close of $200.6 Million, AAA-rated Personal Loan Securitization

Achieve, the leader in digital personal finance, announces the March 18 close of an offering of $200.63 million in rated notes backed by Achieve Personal Loans.

Wednesday, March 20, 2024 - 11:06
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Financial IT
Papaya Global Named to Fast Company’s World’s Most Innovative Companies Recognizing the Company’s Growth into Payments

Papaya Global, the only workforce payments platform, was named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024. Papaya Global was recognized as an innovator in the Finance industry for its unique workforce payments technology which enables global enterprises to pay their employees worldwide.

Wednesday, March 20, 2024 - 10:59
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Financial IT

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