Vitesse, a leading treasury and payment solutions provider for the insurance industry, today announced the completion of a $93M Series C funding round led by leading global investment firm, KKR, with participation from existing investors, including Hannover Digital Investments. Following the investment, which is subject to customary regulatory approvals, Patrick Devine, Managing Director in KKR’s Tech Growth team, will join the board of directors.

Deloitte and Basware have announced an alliance to enhance touchless invoice processing for global customers. The partnership will combine accounts payable (AP) expertise to accelerate automation and finance transformation.

The inaugural Barclays Scams Bulletin, launching today, shows that the total value and volume of scam claims made in March and April 2024 fell by -15.7 per cent and -7.1 per cent respectively, in comparison to January and February. Across scam type, invoice and mandate claims are on the rise, while police and bank impersonation scams have seen noticeable decreases in comparison to previous months.

Western Union today announced growth in its portfolio of digital capabilities providing Jamaicans with more ways to receive cross-border remittances from virtually anywhere in the world.

Global Fintech leader, Broadridge Financial Solutions, has hired Simona Vitali, ex-Europe Chief Operating Officer of Morrow Sodali to lead sales efforts for its new suite of international solutions for issuers.

PayGround is excited to announce the appointment of Andy Rellihan as its Chief Commercial Officer. The move is part of the company's strategy to accelerate growth and facilitate its expansion within hospitals and health systems. Under Rellihan's leadership, PayGround is set to continue to redefine the healthcare payment experience, focusing on commercial growth and specifically targeting the acute market.

NCR Voyix, a leading global provider of digital commerce solutions, today introduces Aloha Pay-At-Table, powered by sunday, to enhance the overall dining experience.

Osome, a leading finance admin platform for founders and small and medium businesses (SMBs), today announced it has concluded its Series B funding round with over US$17 million in capital in a mix of equity and debt, from new and existing investors. Osome has seen commercial growth, serving over 13,000 small and medium-sized business (SMB) customers and employing over 400 staff across Singapore, Hong Kong SAR, the UK, the Netherlands, the Philippines, and Malaysia.

GB Bank, which specialises in funding property projects for SME property developers and investors, has secured £85m of additional capital from new investor Hera Holdings and existing shareholder the Teesside Pension Fund.