Mool Innovation Labs, which operates as a SAAS Tax saving & salary optimisation product,  has caught the attention of investors and has received seed funding from Next Generation Incubation Scheme (NGIS) of Software Technology Parks of India (STPI). Pontaq Ventures India LLP is the fund manager of the aforesaid fund.

To offer ease and further the Government’s vision to make e-governance 'mobile first' in India, PayNearby, India’s leading branchless banking and digital network, has integrated the all-in-one app UMANG (Unified Mobile Application for New-age Governance) into its platform.

Ripple has brought its On-Demand Liquidity (ODL) offering to Latin America through a partnership with Brazil's Travelex Bank.

ODL taps Ripple's XRP digital asset to enable customers to send money across borders instantly with very low-cost settlement and without the need to hold pre-funded capital in the destination market.

Swiss fintech Klarpay AG has launched a cross-border business pay

FOMO Pay, the Singapore-headquartered major payment institution that enables the digital economy with global virtual banking solutions for financial institutions and enterprises, today announced that it has secured a USD 13 Million investment for its Series A round led by Jump Crypto. Other participating investors include HashKey Capital, Antalpha Ventures, Ab Initio Capital, and Republic Capital.

Luminovo, the AI-powered software suite helping electronics leaders bring vital innovations to market faster, cheaper and more sustainably – has raised €11 million in a seed round led by Chalfen Ventures with participation by Tencent, Verve Ventures and Khadjavi Capital Partners, as well as existing investors La Famiglia and Cherry Ventures.

Paysend, the UK-based fintech with over 7 million customers, today announces the launch of Paysend Store for UK merchants. The free, no-code solution enables entrepreneurs in the UK to set up an online store and immediately start selling their products with no technology development or third-party IT integration required.

Ohpen, the first fintech platform to bring a bank to the cloud, today announces its partnership with ezbob, a UK-based software provider for banks and financial institutions. The partnership is the next step in Ohpen’s expansion into the UK market, which commenced last year with the launch of a complete mortgage platform, and will leverage ezbob’s local market expertise to provide end-to-end SME lending products, as well as continue to support consumer lending.

Checkout.com, the cloud-based payments service provider, today announced updates to its Authentication product to help merchants combat fraud and optimize their revenues, with an evolving toolkit of products and features to help merchants navigate the rapidly evolving landscape. 

Enfuce is excited to announce an extended partnership with Mastercard to expand the company’s Card as a Service platform in the Nordics. Through the partnership, Mastercard powers Card as a Service with tokenised multi-currency BINs in the Nordics, enabling Enfuce’s customers to launch and issue their own physical and virtual Mastercard payment cards in just weeks rather than months.