Airwallex, a leading global payments and financial platform for modern businesses, today announced it has signed a definitive agreement to acquire MexPago, a Mexico-based payment service provider and an Institution of Electronic Payment Funds (IFPE) license-holder. The transaction is subject to regulatory approvals and customary closing conditions.

RBL Bank, one of India’s leading private-sector banks, announced the launch of its latest digital banking product, GO Savings Account. A zero-balance account with simple account opening process and easy-to-operate features, the product caters to customers of all age groups.

Climate change is having a significant and wide-ranging impact on businesses across various industries. These impacts predominately come in the form of physical risks, including extreme weather events, such as floods, forest fires, and cyclones, and transition risks, which include increased regulatory changes, such as governments implementing stricter regulations related to emissions, reporting, and sustainability.

Uncapped, a leading fintech revolutionising funding for digital entrepreneurs and high-growth businesses, is thrilled to announce the successful closure of a £200 million debt facility. Provided by funds managed by affiliates of Fortress Investment Group LLC ("Fortress"), one of the world’s leading investment managers, the financing continues the long-term and fruitful partnership between the two firms. 

BankTech Ventures, a strategic investment fund focused on enhancing community banks, announced today its continued commitment to community banks’ more vibrant futures with a total investment of $13.5 million in six fintech companies in the second half of 2023. BankTech has invested over $40 million in companies that have been specifically selected due to their work with community banks.

Basis, an AI platform for accounting firms, has emerged from stealth with a $3.6 million seed round led by Better Tomorrow Ventures with participation from BoxGroup, Avid Ventures, several top accounting firms, and leaders from the accounting and machine learning communities.

Nium, the leader in real-time global payments, has expanded its B2B travel payments offering in the Asia Pacific (APAC) region, building on rising demand for its virtual credit card offering globally.

SunTec Business Solutions, the world’s #1 relationship-based pricing and billing software company, today announced the release of the latest version of SunTec Account Analysis Offering, which marks a significant leap forward in the realm of corporate fee billing.

ION Treasury, a global provider of treasury and risk management solutions for corporations, financial institutions, and central banks, has successfully implemented its Reval solution for Samuel, Son & Co., Limited (Samuel), a leading metals distributor, and industrial products manufacturer.

Using artificial intelligence (AI) in our everyday lives, and in business, is firmly in the mainstream and it’s now commonly accepted that any organisation that doesn’t ultimately integrate AI into its services and offering is going to fall behind.