Databricks, the Data and AI company, today announced its Series J funding. The company is raising $10 billion of expected non-dilutive financing and has completed $8.6 billion to date. This funding values Databricks at $62 billion and is led by Thrive Capital. Along with Thrive, the round is co-led by Andreessen Horowitz, DST Global, GIC, Insight Partners and WCM Investment Management.

Moneyhub, the pioneering force in Open Banking and Open Finance, today announces a leadership change, with Sam Seaton concluding her tenure as Chief Executive Officer.

Anne de Kerckhove, Chair of the Board, Moneyhub will take on the role of Executive Chair of the group in the interim as the business looks to appoint a new CEO.

Boku, the global network for localised payment solutions, marks a landmark year in 2024 with strong commercial growth (H1 24 revenues up by 24%), accelerated merchant adoption, a 30% increase in monthly active users, and the delivery of new strategic partnerships in key geographic regions -, most notably in Europe, APAC and Africa. 

Rezo Money, a payments  platform for mobile recharges, bill payments, and financial transactions using digital currencies, is proud to announce its partnership with Triple-A, a multi-licensed global leader in cryptocurrency payment solutions. 

Tuum, a leading next-generation core banking technology provider, is proud to announce its inclusion in Celent’s highly regarded Retail Banking Core Systems: Next-Generation Core Banking Edition, 2024. This extensive evaluation highlights the most innovative and effective core banking solutions in the global market.

 In collaboration with consulting and audit firm PwC France and Maghreb, 

AstroPay, a global fintech leader redefining cross-border finance, today announced the launch of its multicurrency wallet, a financial tool designed to simplify how users manage money across borders. The wallet enables individuals to hold, exchange, and transact in multiple currencies through a single secure app. Designed for global citizens, it empowers users to navigate the complexities of international finance, whether traveling, working remotely, or conducting business globally.

Visa's critical investments in the fight against fraud are paying off for holiday shoppers this holiday season. On Cyber Monday alone, Visa blocked nearly 85% more suspected fraud globally compared to last year.1 Throughout the holiday weekend, suspected fraudulent transactions rose 200% around the world, due in part by the adoption of AI by fraudsters.2

Allica Bank has smashed through £3 billion in lending and £4 billion in deposits as the UK’s established SMEs flock to the challenger that promises to deliver ‘business banking how it used to be, just better’.