Capital on Tap Has Secured a £200M Funding Facility

Partnerships 

Wearable Tech Pioneer DIGISEQ Partners with AdornPay to Bring Passive Wearable Payments to the Netherlands

NearPay, a crypto finance protocol, has officially launched virtual crypto cards and its Wallet for iOS and Android to bring the modern digital banking experience to the world of crypto. 

Zuora, Inc., the leading cloud-based subscription management platform provider, today announced its planned acquisition of Zephr, a leading subscription experience platform used by global digital publishing and media companies. As an existing Zuora® partner, Zephr’s pre-integrated solution is in use today by joint customers, and will immediately expand Zuora’s product suite.

Australian fintech Afterpay has announced that it will be closing down its Money app in October just a year after launching, saying that the firm’s acquisition by Jack Dorsey’s Block “means our focus is shifting in a new direction”.

Neobanking industry has garnered significant attention as the concept has become popular, with the ease of access to online platforms. Unlike a traditional bank, neobanks operate only through virtual platforms and do not have any physical presence in the form of branches. 

Covr Financial Technologies (Covr) has launched Covr Pro (CovrPro.com), bringing its industry-leading digital insurance platform to independent financial advisors. Originally created for and trusted by 30,000 advisors at leading financial firms, this new offering will give independent financial advisors a simple, digital solution for life, long-term care, linked-benefit, and disability insurance.

Gate.io Group has announced the launch of its over-the-counter trading platform Gate OTC, which will provide fully-licensed OTC crypto trading services catered to institutions and high-net-worth individuals. Services are offered in various countries around the world, supporting several mainstream cryptocurrencies.

Bybit, the third most visited cryptocurrency exchange in the world, will list OKSE, the utility token of Okse Card and Okse Wallet, on Bybit Launchpad 2.0.

The operator of the Polish mobile payment system Blik is looking to expand internationally through the acquisition of Slovakian player Viamo.

Terms of the deal - which still require the approval of Slovakia's central bank - were not disclosed.