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.
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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.
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.
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.
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.
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.
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.
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.