FlexPoint, a payments automation platform for managed service providers (MSPs) and the businesses they serve announced today that it has raised $35 million of capital through a combination of debt and equity to fund the growth of the company and its vision to provide MSPs with a financial platform to grow and run their businesses.

Following its successful entrance in Germany, Italy, and Spain, Mintos, the multi-asset platform offering a unique mix of alternative and traditional investment options continues its European rollout by making its official debut in the French and Dutch investment markets. Since its founding in 2015, the platform has attracted over 500,000 users across Europe. Authorized by MiFID, the company currently manages over 600 million euros in assets under administration.

In 2024, working patterns look completely different from what they did twenty years ago. There is more flexibility, more options, and more autonomy for people to work in the way that suits them, leading to a diverse range of employment styles and income sources. It is therefore important that, as the economy evolves, so do the financial institutions that manage it. 

Bolt, a leading checkout technology company, and Checkout.com, a global payment solutions provider, announced a partnership to expedite their shared mission to advance e-commerce. Through this collaboration, Bolt will become Checkout.com's exclusive one-click checkout provider and Checkout.com will become Bolt's preferred payment partner.

Thredd, a leading modern payments processor serving clients globally, has announced its official entry into the United States debit and prepaid card issuing market with its long-standing partner, B4B Payments. This strategic move underscores Thredd’s commitment to support its clients’ expansion plans in key global markets.

OpenPayd, a leading embedded finance and Banking-as-a-Service (BaaS) platform, has today announced the appointment of Neil Delaney as the new Head of Revenue Operations. 

With a track record of strategic leadership in the payments sector, at OpenPayd, Delaney will be responsible for formulating and executing sales strategies, entering new markets, and expanding existing ones. 

Temenos today announced that Cooperative Bank of Oromia (Coopbank), one of the largest banks in Ethiopia, has launched CoopApp and CoopApp Alhuda on Temenos Digital (Infinity), delivering a modern digital experience for conventional and Islamic banking with greater personalization for more than 12 million customers.

Leaders from the technology industry have issued an urgent warning for the government to increase regulation and investment in artificial intelligence (AI) technology.

Speaking at last night’s Parliamentary AI and Fintech Summit, which was hosted by Dean Russell MP for Watford, and chaired by Steven George-Hilley of Centropy PR, proposals were put forward for businesses to work with the government to increase training around AI in the fintech industry.

Regulated firms that take on new business clients are leaving themselves exposed to serious red flags by not completing critical verification checks on the people running the business, new survey data has uncovered.