Yendo, an innovative FinTech firm that introduced the world’s first vehicle-secured credit card, announced it has raised $24m in a Series A funding round.

Chexy, described as Canada’s pioneer payments platform enabling tenants to garner rewards through regular on-time rent payments, has announced both its launch and a pre-seed funding round that has netted the company $1.3m CAD.

Crossbeam Ventures championed the investment, with contributing parties including Groundbreak Ventures, Ferst Capital Partners, and individual investors well-versed in the real estate and FinTech sectors.

Fast-growing next-gen global payments platform Thredd has today announced that Cape, the Australia-based expense management platform and corporate card provider, has selected Thredd as its issuer processor to support Cape’s expansion across Asia-Pacific and beyond.

Colbr Integrates Powens into its Solutions, Giving Users Real-Time Tracking of their Entire Financial Savings and Performance Analysis.

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Provenir, a global leader in data and AI-powered risk decisioning software, today announced the appointment of Carol Hamilton as its Chief Product Officer.

Bloomberg today announced that Apex Group, a global financial services provider, has selected Bloomberg to provide market data for its global operations. Apex Group will be using Bloomberg’s Data License solution to provide reference, pricing and corporate actions data for equities and fixed income.

Sell-side derivatives clearing firms are expanding their memberships and expecting more competition in the market as rising interest rates add hundreds of millions of dollars to global revenues, according to an Acuiti study.

The Growing Opportunity in Derivatives Clearing, released today in partnership with ION, found that almost two-thirds of futures commission merchants (FCMs) plan to expand their number of clearing memberships over the next three years.

Sonovate, the leading provider of embedded finance and payment solutions for the contingent workforce, has today announced the opening of a new European hub in Amsterdam as part of its international expansion strategy.

68 per cent of businesses currently lack the appropriate tech infrastructure necessary to expand and need to be afforded with better solutions to operate internationally, according to industry experts at EBAday.

A higher 70 per cent of business owners have ditched expansion plans beyond the UK due to high trading costs, revealed the SME Empowerment Report from financial toolkit, HedgeFlows.