InvestCloud, an award winning global FinTech firm has completed a recapitalization that values the business at $1 billion. New financial investors are led by Motive Partners (“Motive”) with Clearlake Capital Group, L.P. (“Clearlake”) and include other InvestCloud client shareholders. Under the terms of the agreement, Motive Partners will also contribute two portfolio businesses, Finantix and Tegra118, into InvestCloud, creating a global Software-as-a-Service (“SaaS”) wealth solutions platform.

Worldline, the European market leader in payment and transaction services and #4 player worldwide, is pleased to be recognised as a global cloud contact centre provider by OMDIA, the global technology research powerhouse.

A new study from Juniper Research has found that biometrics will authenticate over $3 trillion of payment transactions in 2025, from just $404 billion in 2020.

2020 accelerated the transformative processes that began earlier and highlighted systemic problems that the financial market has not found the solutions to yet. Experts from the international investment company Digital Horizon analyzed the European markets during the pandemic and tried to predict how fintech trends will develop going further.

In recent years, images of environmental disasters and social injustice have become all too familiar. Melting ice caps, ravaging wildfires in Australia and California, record-breaking heat waves across the world and political and social turmoil are now a mainstay of people’s lives. It is in this context that ESG has taken centre stage. And now – with the EU’s Sustainable Finance Disclosure Regulation (SFDR) – there is a concrete regulatory framework to cement ESG standards and reporting as one of the most important operational processes for all firms.

DT One partners with UPT in Turkey to launch the country’s first international airtime and data transfer service.  For the first time, foreigners living and working in Turkey will be able to send airtime and data to their families back home with global money transfer and payment platform UPT and DT One, the world’s leading B2B network for mobile top-up solutions, bill payments and mobile rewards. 

Legal software vendor 

B-North, the Manchester-based firm building a regional SME lending bank for the UK, has appointed Jackie Ewer as Head of Operational Risk & Compliance.

Jackie joins with more than 30 years of financial services experience, with the last 15 years focused on operational risk, compliance risk and financial crime risk. Jackie is well versed in the design and implementation of risk management frameworks.

NymCard, the leading MENA Banking as a Service (BaaS) provider has announced that they have received $7.6 million in Series A Funding. This round of funding was led by Shorooq Partners in participation with OTF Jasoor Ventures and VentureSouq. With this round NymCards total raised funding amounted to $12 million to date.

Qolo, the B2B payments hub for the New Economy, today launched its INTERACT embedded processing functionality and platform licensing solutions through its 100% native cloud capability, an industry first.