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Digital Bank Zopa Raises €80 Million to Accelerate Growth Ahead of 2025 Current Account Launch

Digital bank Zopa has raised just over €80 million (GBP £68 million) in an equity funding round led by A.P. Moller Holding, with significant participation from existing investors.

A.P. Moller Holding is one of the largest direct investors in Denmark with $32 billion of Net Asset Value. Its objective is to build and develop businesses by driving long-term value and growth through engaged and valued ownership.

Friday, December 6, 2024 - 08:36
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Financial IT
Coinbase Commerce Integrates with Triple-A, Expanding Merchant Access to Cryptocurrency Payments

Triple-A, the leading licensed provider of crypto payment solutions for a diverse array of merchants across industries such as fashion, luxury, travel, and gaming has announced a dedicated payment option for Coinbase users. This integration will soon allow Coinbase users to seamlessly make payments at select merchants within Triple-A’s global network, while enjoying a superior crypto payment user journey.

Friday, December 6, 2024 - 08:31
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Financial IT
Red River Bank Selects Allied Payment Network to Expand Digital Payments Offerings

Allied Payment Network, Inc. (“Allied”), the industry leader in real-time, open-network payments solutions to banks and credit unions, today announced that Alexandria, LA based Red River Bank has selected Allied’s real-time payments solutions, which will integrate seamlessly with the bank’s Q2 Digital Banking Platform.

Friday, December 6, 2024 - 08:26
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Financial IT
Visa Blocks 410% More Suspected Fraud This Black Friday, as Fraudsters Target UK Shoppers

Consumers have come out in force again this Black Friday, while fraudsters have continued to target bargain hunters.  

In the UK, Visa saw an 11% increase in transaction volumes on Black Friday 2024 compared to Black Friday 2023. This is also an increase of 16% compared to an average Friday. Across the whole Black Friday/Cyber Monday weekend, spend was up 12% compared to last year. 

Thursday, December 5, 2024 - 15:33
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Financial IT
The Mastercard Payment Passkey Service Debuts in Latin America with Sympla and Yuno

Mastercard has partnered with Sympla, the leading events platform in Brazil, and Yuno, a global payments orchestrator based in Latin America, to bring its Payment Passkey Service to the region and accelerate secure online checkout for shoppers. Beginning in January, Sympla and Yuno will be the first partners in the region to offer this innovative solution to their customers, followed by a wider roll out.

Thursday, December 5, 2024 - 15:30
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Financial IT
BlueSnap Named a Preferred Payments Partner for Zuora

BlueSnap, a global end-to-end payment platform with unique payment orchestration capabilities for leading B2B and B2C businesses, today announced that it is a preferred payment partner for Zuora, Inc., a leading monetization suite for modern business. Since beginning the partnership in 2015, BlueSnap and Zuora have helped businesses unlock their subscription potential.   

Thursday, December 5, 2024 - 15:26
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Financial IT
9th Edition Banking Book Risk Management conference

Adapt to IRRBB and CSRBB regulatory demands while managing the impact of fluctuating interest rates and evolving customer behaviours for enhanced risk management and treasury profitability

Thursday, December 5, 2024 - 13:51
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Financial IT
Nuvei Launches Comprehensive Blockchain Payment Solution

Nuvei Corporation, the Canadian fintech company, today announces the launch of an innovative blockchain-based payment solution for merchants across Latin America (LATAM). Through Nuvei’s partnerships with Rain, a vertically integrated issuing partner for global platforms, BitGo, the leading digital asset custodian and wallet solutions provider, and Visa, Nuvei is enabling businesses to utilize stablecoins – including USD Coin (USDC) – for faster global settlement and reduced reliance on traditional payments rails.

Thursday, December 5, 2024 - 13:31
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Financial IT
Airwallex Expands Further in EMEA - Grows 271 Percent YoY, Opens New Office in Paris, and Makes New Hires in Abu Dhabi, Dubai, London, and Amsterdam

Airwallex, a leading global payments and financial platform for modern businesses, is set to end 2024 on a high thanks to significant growth across its Europe, Middle East and Africa (EMEA) business. The EMEA unit saw revenue growth of 271 percent in Q3 2024, compared to Q3 2023, and 145 percent increase in transaction volume.

Thursday, December 5, 2024 - 13:27
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Financial IT
Mambu Acquires Payment Technology Provider Numeral, Bolstering Its Market Position to Target New Growth Opportunities

Mambu, a leading cloud banking platform, has announced the acquisition of Numeral, a French payment technology provider for banks and fintechs. 

The acquisition strengthens Mambu’s position as an industry leader, in a move that underscores market confidence and growing demand for modern financial experiences. The addition of advanced payment capabilities represents a significant investment in the next phase of Mambu’s growth as an established market player. 

Thursday, December 5, 2024 - 13:21
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Financial IT

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