Flutterwave, Africa’s leading payments technology company, has today announced that it has received its Electronic Money Issuer and Remittance Licenses from the National Bank of Rwanda. This will help the company expand its operations in East Africa.

With these new licenses, in addition to being a Payment Service Provider, Flutterwave can offer money deposit and withdrawal, electronic funds transfer, as well as inbound and outbound remittance services to the 13.46 million people living and working in Rwanda.

Sporting Chance Prize Draw, a UK-based not-for-profit organisation striving to bring together the sporting community and charities across the country, has partnered with leading global payments gateway Volt to bring faster, simpler and more secure payments to its community and donors.

Participants in the crypto derivatives market are holding less money at exchanges, onboarding with third-party custody providers and calling for greater regulation of crypto-native markets, the latest Acuiti Crypto Derivatives Management Insight Report has found.  

Alternative finance provider Accelerated Payments today announced the appointment of C Ray Hines as Vice President of Business Development. Ray’s wide-ranging expertise in the business funding market and abundant experience in the Midwest will prove crucial as Accelerated Payments increases its market share in North America.

Despite stakeholder pressure, only 36% of UK senior decision-makers list Environmental Social and Governance (ESG) as a business priority for this year, according to a recent survey by enterprise software provider Advanced.

Brite Payments, one of Sweden’s fastest-growing fintechs and a leader in instant bank payments, has today announced expanded coverage across Central and Eastern Europe. Brite, which has built its instant account-to-account (A2A) payments offering on the European-wide open banking infrastructure, now offers its payouts solution in Croatia, Romania, and Hungary. The addition of these markets means that Brite now offers payouts in a total of 24 markets across Europe.

Payment models are changing radically, creating both challenges and opportunities for financial institutions. New digital-only banks have accelerated innovation, while the pace of global change has created a new competitive landscape. UK financial institutions also face the additional pressures created by the need to migrate to new technology platforms to support ISO20022-based real-time and high-value payments.

Forter, the Trust Platform for digital commerce, today announced its partnership with Wix.com Ltd., a leading global SaaS platform to create, manage, and grow an online presence. The partnership delivers Forter’s accurate, real-time decisions to Wix merchants in certain countries — increasing their approval rates, reducing fraud and delivering superior customer experience.

The banking industry has experienced a shift in recent years, with the emergence of digital banks transforming how individuals interact with and oversee their finances. As more consumers gravitate towards digital banking apps, there has been exponential growth in the popularity of these fintech platforms.

Mitiga, the cloud and SaaS incident response leader, today announced the completion of Series A Round bringing total funding to $45 million.