iDenfy, the end-to-end compliance, identity verification, and fraud prevention platform, announced a new partnership with June, a prop-tech company offering apartment rental services for everyday consumers and mom-and-pop landlords. The new ID verification solution will ensure a smooth applicant onboarding flow while effectively detecting fraud for June’s growing customer base. 

Encompass Corporation, the leading provider of dynamic Know Your Customer (KYC) process automation, has been selected to join a major international trade mission, led by Austrade, which aims to showcase growing FinTech businesses and strengthen global relations.

With the June 30 end-of-publication date for the USD London Interbank Offered Rate (LIBOR) fast approaching, pressure is mounting for corporate treasurers to complete their transition to a risk-free rate—with most opting for the Secured Overnight Financing Rate (SOFR).

Sonovate, the leading provider of embedded finance and payment solutions for the contingent workforce has significantly enhanced its funding technology platform to enable it to better serve large, multinational recruitment businesses and launch new lines of products in the future as it continues to grow and expand its customer base.

Tools for Brokers, a leading technology provider for retail brokers and hedge funds, announced the appointment of Petros Kalaitzis as the company’s new Head of the Cyprus office. 

Muse Finance - a working capital business finance provider - today announces the appointment of Julie Ashmore as COO, to help achieve its ambition to reach 30,000 customers and provide £1.5bn of SME financing in the next three years.

The UK FinTech Awards, brought to you by FinTech Intel, the global market intelligence platform for financial services technology, has crowned the best UK FinTech providers of 2023.

OpenFin, the operating system (OS) of enterprise productivity, today announced that it has secured $35 million in Series D investment. The latest funding round was led by Bank of America with significant participation from Pivot Investment Partners and ING Ventures. Additional investors in the round include CME Ventures, CTC Venture Capital, SC Ventures and Tribeca Early Stage Partners.

Ecommpay, a leading international payment service provider and UK and European direct bank card acquirer, has hired Karan Johal as its Global Head of Sales. Karan leads a growing sales team that has already added top talents from Revolut, Mollie, Checkout.com, Paysafe and other major players as Ecommpay aims to expand and grow across markets. 

OCBC Bank has partnered with global private market exchange ADDX to distribute its first tokenised equity-linked structured note to accredited investors. The fixed coupon note, launched in early May, is the first product issued by a Singapore bank to land on ADDX’s shelf. It marks the start of a long-term partnership between ADDX and OCBC Bank that will see both parties work together to put out a wider variety of investment products.