XONAI, a cloud optimization solution helping organizations reduce data infrastructure costs, announced today it has closed $3.5 million in Seed funding. 

ePay Summit Europe, held in central London on 17th May 2023, marked another successful edition of the premier conference dedicated to the payments and eCommerce industry.  The event, now in its third year, enables leading banking professionals, e-payment solution providers and leading retailers, to network, learn from each other, and strengthen partnerships and establish new connections.

Magic, the leading wallet-as-a-service (WaaS) provider, today announced it has raised $52 million in a strategic funding round led by PayPal Ventures, with participation from Cherubic, Synchrony, KX, Northzone, and Volt Capital. The new round brings the total raised to more than $80M.

Vartana, the B2B sales closing and financing platform, today announced it has raised $20M in Series B funding led by commerce & fintech growth firm Activant Capital, with participation from Mayfield and Audacious Ventures. This growth investment comes on the heels of the company’s $12M Series A round, announced in January 2023.

Quona Capital, a venture capital firm investing in innovative fintech startups in emerging markets, has released its 

Travel is one of the world’s biggest and crucial service industries in modern times. Statista predicts the sector will be worth US$1,015.60 billion by 2027, while 74% of total revenue will be generated through online sales.

Tandem Bank is further cementing its position as one of the nation’s go-to banks for those looking to save, borrow and spend a little bit greener, as it reports its business performance for 2022. 

With a transformational year, the bank has surpassed a number of financial milestones: • Underlying operating profit of £4.5m – breaking into underlying profitability for the first time in  bank’s history 

Wolters Kluwer Tax & Accounting (TAA),  a leading global provider of software, integrated workflow solutions, and information for tax, accounting, audit, and compliance professionals, today announced the appointment of Bas Kniphorst as Executive Vice President and Managing Director for TAA Europe, effective June 1. Kniphorst was previously Vice President and Managing Director of Wolters Kluwer Legal & Regulatory (LR), Benelux. 

BPC, one of the world’s leading payment solution providers, today announced an enhanced partnership with the pioneering fintech company, Ellipse World, Inc. (Ellipse). The partnership will focus on bolstering security measures and privacy for customers by integrating EVC® (Ellipse Verification Code), Ellipse's dynamic card security code/CVV/CVC technology into BPC's acclaimed SmartVista platform to provide EVC processing services.

Adyen, the global financial technology platform of choice for leading businesses, today announces the launch of Payout Services. This offering enables Adyen's customers to payout acquired funds in the preferred method of their affiliated users or partners with increased velocity, and represents Adyen’s commitment to keeping their customers’ needs at the core of their product development.