Addi, the leading commerce and financial platform in Colombia, announced a $71 million credit upsize from long-standing institutional investors Goldman Sachs, Fasanara Capital, and BBVA Spark. The new round includes $57 million in incremental funding from Goldman Sachs and Fasanara, bringing Addi’s total debt commitments to $227 million, as well as an expanded $50 million revolving credit facility from BBVA Spark.

The Monetary Authority of Singapore (MAS) and the Deutsche Bundesbank today signed a Memorandum of Understanding (MoU) regarding collaboration on cross-border digital asset settlement. This cooperation has the potential to enhance international financial transactions, including those between Singapore and Germany.

Under the MoU,MAS and the Deutsche Bundesbank agree to collaborate on technological and financial innovation by: 

Operating in more than 20 countries and fresh off its entry into the Philippines, EBANX today announced another key milestone in its international expansion strategy: the appointment of Marin Mignot as Chief Operating Officer (COO). The global technology company specializing in cross-border payment services for emerging markets has tasked the French executive with leading initiatives to enhance operational efficiency and ensure sustainable growth.

Profile, a leading global provider of financial software solutions, announces a major new release of its flagship Axia Suite, introducing advanced Wealth Management features designed to better serve Retail and Mass Affluent investors.

Liquid Group, a Singapore-based fintech company specializing in cross-border digital payments, and TerraPay, a leader in simplifying global money movement headquartered in London, have signed a Memorandum of Understanding (MoU) to explore interoperability between RoamQR™, Liquid Group’s interoperable QR payment network, and TerraPay’s global payment infrastructure.

Finmo, the modern Treasury Operating System for global businesses, has partnered with Standard Chartered, a leading international banking group, to launch Global Currency Account (GCA) capabilities that enable businesses to manage pay-ins, pay-outs, and foreign exchange with greater control and visibility across markets.

Ebury, the leading global fintech specialising in international payments and FX risk management, has launched a brand new mobile app designed to give businesses complete control over their global cash flows - anytime, anywhere.

Nearly half (47%) of 18-34 year-olds in the UK lost money to fraud or scams during the last year, a stark reminder that fraudsters are increasingly targeting the digital-savvy younger generations. New research from fraud and financial crime prevention company Featurespace, a Visa Solution, reveals the scale of the problem.

Broadridge Financial Solutions, Inc.  today announced the appointment of Richard Street as Head of International Sales to drive further growth and enhance collaboration across international markets. Richard will be based in London and report to Mike Sleightholme, President of Broadridge International.