Craftgate Technology, a “One-Stop Shop” payment orchestration platform, announces that the Company received USD 1 million investment from D-MARKET Electronic Services & Trading, a leading Turkish e-commerce platform and D4 Ventures, a UK-based venture capital company.

Society is moving towards a cashless financial ecosystem.

Financial Software & Systems Pvt Ltd (FSS), a globally leading provider of payments technology solutions has announced the launch of ‘BLAZE’, an advanced payments technology platform, designed to meet the diverse needs of banks and financial institutions.

Using BLAZE architecture, for instance, the FSS Payment Gateway can process more than 5000 transactions per second.

Andaria, the leading digital payment provider and licensed e-money institute, has named Sarah Oliva as its Chief Operating Officer.

FBS, a leading global broker, commences an FBS Global Roadshow, as it will support a series of financial industry events in Africa, the Middle East, and Southeast Asia. This initiative aligns with the FBS's commitment to providing traders with the best financial services, regular market insights and analytics, and fostering and supporting trading communities worldwide.

JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., has launched a new whitepaper aimed at supporting European merchants to address a common challenge in the e-commerce space: cart abandonment. Merchants who proactively tackle this issue – where online customers do not complete a purchase - will be able to capitalise on the ongoing growth of online shopping and to discover new opportunities in the global digital market.

Stubben Edge Group has announced that careless™ insurance has joined as the latest member of its Appointed Representative Network. Founded by André de Neergaard and Scott McKenna in 2022, careless™ insurance aims to revolutionise the insurance landscape by offering instant, AI-powered insurance quotes and cover management.

British Business Investments today announces a new £20m Tier 2 capital facility for Cambridge & Counties Bank Limited. Funds raised from the facility will enable Cambridge & Counties Bank to increase its volume of competitive lending to smaller businesses over and above levels it might have otherwise been able to provide.

GoCardless, the bank payments company, has announced it is renewing its strategic partnership with Xero, the global small business platform, for another five years. 

With a global reach and ever-expanding scope, the FinTech industry is continuously growing. While already a core sector, the next few years will see financial technology grow from a market cap of $245 billion to $1.5 trillion, cementing this industry’s presence and importance.