Stenn, the leading digital fintech enabling growth for businesses engaged in international trade, e-commerce and digital services, has today welcomed Marcio Arnecke to its senior leadership team as its new Chief Marketing Officer. Following a record 2023 where profits-before-tax soared 80%, Marcio’s appointment is a clear signal of intent from Stenn as it continues to accelerate its global expansion and make working capital accessible to SMEs.

Smart money app Plum is launching its Cash ISA today with a market-topping rate of 5.15% AER (variable), designed to reward savers and protect their savings from tax.  

The Plum Cash ISA holds cash savings tax-free up to the ISA limit of £20,000. It is available to all customers in the UK, who can also benefit from Plum’s smart automation to manage their money. 

The way consumers pay is changing, and Pay by Bank is emerging as an appealing choice, ranking as a top three payment method in the UK, Netherlands, Finland, Spain and Germany. A new report, based on research conducted by YouGov and 

Moove, the global mobility fintech that democratizes access to vehicle ownership for mobility entrepreneurs, today announces that it has raised $100 million in a Series B funding round, valuing the company at $750m. Uber invested in the round alongside Mubadala, who led Moove’s previous funding round in 2023.

Global payment orchestration platform FinMont has announced a new partnership with the leading digital African online payment solution, DPO Pay by Network. This new alliance will see FinMont add DPO Pay by Network’s innovative and leading online payment solutions to its global ecosystem, facilitating and offering merchants a seamless payment experience across Africa.
 

Joint written Q&A with Brad Hyett, CEO of UK-based SoftPoS business phos and Matt Sloan, Vice President of

New research from Nutmeg, the UK’s largest digital wealth manager, reveals people in the UK are starting discussions around finance too late in their lives. Half (50%) of UK consumers admitted they didn’t discuss finances with their family, friends, or peers until they were at least aged 19, while 15% confessed to leaving it as late as past the age of 30. 

In a landmark move, KPMG has enhanced the capabilities of its Digital Gateway for Tax incorporating generative AI (genAI) as an independent component to communicate directly with data, enabling powerful insights and enhanced levels of efficiency.

PayRetailers Arg S.R.L. is pleased to announce its successful registration as a Payment Service Provider (PSP) in the Aggregator function with the Central Bank of the Argentine Republic (BCRA). This significant milestone marks a pivotal moment in the company's journey, allowing it to expand and enhance its local operations in alignment with BCRA regulations, reinforcing its unwavering commitment to transparency and trustworthiness.

Chubb today announced the launch of a global transactional risk platform to provide transactional risk liability insurance products across international markets. Chubb has appointed Josh Cowen as Senior Vice President, International Transactional Risk to lead this initiative from London.