The innovative B2B fintech Bavest is pleased to announce that it has completed a successful financing round of 1.1 million euros. The round was led by a group of renowned investors and will help Bavest accelerate its growth and further consolidate its position as a leading provider of AI-based financial infrastructure for businesses.

QNB Group, the largest financial institution in the Middle East and Africa has launched “FAWRAN”, a new payment method that will provide customers with a unique payment experience through innovative technology to make quick and secure payments to anyone in Qatar by using the Beneficiary’s Mobile Number or Alias.

The Administrative Board of GFT Technologies SE today appointed Marco Santos as the new CEO of the digitalization group. The 48-year-old will take office on 1 July 2024 and will initially lead GFT as Co-CEO together with Marika Lulay until the end of the year. Marika Lulay (61) will leave the Group Executive Board at the end of her contract on 31 December 2024.

Alchemy Pay, the leading global Web3 payment solution provider, has revealed its investment in LaPay UK Ltd, a UK-based fintech dedicated to facilitating international business growth for companies.

Yapily, one of Europe’s leading open banking infrastructure players, has been named as a supplier on Crown Commercial Service’s Open Banking Dynamic Purchasing System (DPS). This designation allows Yapily to bid for open banking services tenders issued by various UK public sector organizations using the Dynamic Purchasing System (DPS).

Oliver Wyman, a leading global management consulting firm and a business of Marsh McLennan announced today that Mariya Rosberg has been appointed Americas Head of Banking & Financial Services effective immediately.  Based in New York City, Ms. Rosberg is a member of Oliver Wyman’s Americas and Global Leadership Teams.

In a significant development showcasing its commitment to innovation and service excellence, allpay has been appointed as an official supplier on both Crown Commercial Service’s Open Banking and Fund Administration & Disbursement Services Dynamic Purchasing Systems (DPS).  

This dual appointment underscores allpay’s unwavering commitment to delivering cutting-edge solutions tailored to the evolving needs of central and local government agencies. 

PayPal Holdings, Inc. today announced its Board of Directors intends to appoint Carmine Di Sibio, outgoing Global Chairman and CEO of EY, to the Board as an independent director, effective July 1, 2024.   

In a strategic move poised to bolster its growth and expansion in Europe, Montonio, the European payment and e-commerce solutions provider, is thrilled to announce the addition of Johan Nord, formerly of Trustly, to its leadership team as Chief Revenue Officer.