Tulipshare, a UK-based activist investing platform, announced today that they have submitted a shareholder proposal to PayPal, calling on the company to provide non-discriminatory financial services to all users.

Leading payment solutions provider BPC has extended its collaboration with Bahrain-based International Payment Services B.S.C (closed) (“IPS”), a leading third-party payments processing and payments firm. As part of the agreement, BPC will allow IPS to extend the use of its open system e-payment platform ‘SmartVista’. 

Cryptiony, a crypto tax automation platform for individuals, traders and tax professionals, has closed a €500k pre-seed financing round led by ff Venture Capital of New York with participation by Pointer.Capital and Marcin Wenus, a web3-focused angel. Bootstrapped until now, the new funding will enable Cryptiony to launch into the UK - the largest crypto market in Europe - with a subscription model that gives it a strong price advantage over competitors.

Why Was Open Banking Needed?

Worldline, a global leader in payments services, has been selected as payment services provider to Voidu, the official online game distribution platform owned by Azerion, the pan-European digital gaming and monetisation company.

Tide, the UK’s leading business banking platform, has today announced the appointment of Vinay Ramani to the new role of Chief Product Officer. Vinay will drive Tide’s vision for its global product strategy, broaden Tide’s small business-focused offering in the UK and India, and progress Tide’s members’ experience as it internationalises.

Fadel Al Ali, Chairman of The Dubai Financial Services Authority (DFSA), today announced that the DFSA continues to play a pivotal role in establishing and maintaining the Dubai International Financial Centre’s (DIFC) reputation as a leading global financial centre and supporting the increasing recognition of Dubai and the UAE as a beacon of economic opportunity.

BMLL, the leading, independent provider of harmonized, historical Level 3 data and analytics, today announced the appointment of industry veteran Rob Laible as Head of Americas with plans to open a New York area-based office. The appointment delivers on BMLL’s strategic growth plans for geographic expansion, building on an existing US presence and meets the increasing client demand for Level 3 data and analytics globally.

Canadian payments firm Nuvei has struck a deal to buy US outfit Paya in an all-cash deal worth US$1.3 billion.

The firms have entered into a definitive agreement that will see Nuvei pay US$9.75 a share for Paya, a 25% premium on Friday's closing price.

Nuvei says the deal will create a strong player in the global e-commerce, integrated payments and business-to-business markets.

FLIK, an Indonesian FinTech platform that offers a unified checkout solution, has reportedly secured $1.1m in its pre-seed funding round.

The investment was led by East Ventures, according to a report from East Ventures is a sector-agnostic venture capital firm that has backed over 250 tech companies in Southeast Asia.

Other commitments to the round came from Init-6, GMO VenturePartners and Saison Capital.