Parafin, a leading innovator in embedded finance, announced today that it closed a $93M debt facility with Jefferies and Trinity Capital Inc. Their investment has the potential to increase to $187M. The substantial funding from Jefferies and Trinity, both known for their strategic investments in pioneering technologies, will support Parafin’s ability to offer capital to small businesses. Earlier this year, Parafin secured $125 million from Silicon Valley Bank and Trinity Capital Inc.

The Seamless global series is proud to announce the return of its highly anticipated digital commerce event, Seamless Europe, now heading to the vibrant city of Munich at Messe München. Building on the success of last year’s launch, this year’s event promises to be even more dynamic as it unites the payments, fintech, retail, and e-commerce industries under one roof.

Appital, the peer-to-peer price discovery and liquidity sourcing technology for asset managers, today announced the launch of a new functionality designed to stimulate natural liquidity among Appital’s buyside clients and discover pricing dynamics on larger ADV orders on their pad. 

Mintos, the multi-asset investment platform offering a unique mix of alternative and traditional investment options, today unveiled its financial results for the year ending 31 December 2023, marking a year of significant expansion. Over the past year, the company has experienced notable growth while also reaching profitability, driven by strategic expansions in product offerings and a strong emphasis on customer engagement and satisfaction.

BankDhofar, the second largest Omani bank by market value, has selected Entrust, a global leader in delivering identity-centric security solutions for governments and enterprises worldwide, to implement its Digital Card Solution (DCS) to provide customers with digital card capabilities for both the bank’s Islamic and Conventional Banking applications.

Brite Payments, a leading provider of open banking-based instant payments, today announced that SAVR, one of Sweden’s most innovative investment platforms, has integrated Brite Instant Payments, enabling customers to make larger direct money transfers into their accounts both quickly and securely.

During a keynote presentation at Global Fintech Fest in Mumbai, Mastercard announced the worldwide launch of its new Payment Passkey Service to make online shopping more secure and easier than ever.

Global fintech Unlimit today announced the expansion of its long-standing partnership with Alchemy Pay, the leading fiat-crypto payment gateway, aimed at enhancing its growth in key target markets, like the EU, SEA and LatAm, with the support of Unlimit’s extensive payment method portfolio.

Silverflow, a leading innovator in payment processing technology, has partnered with Halo Dot, a pioneering provider of SoftPOS solutions to supply businesses with a seamless and powerful payments solution, combining Halo Dot’s SoftPOS application and Silverflow’s cutting-edge processing engine.