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Payabli Lands $28M Series B to Accelerate Payments Infrastructure Innovation for Software Companies.

Payabli, the payments infrastructure platform for software companies, today announced the closing of a $28M Series B funding round. This funding comes just nine months after Payabli raised its Series A led by QED Investors bringing the total capital in the company to date to $60,000,000. The Series B is led by Fika Ventures and QED Investors with participation from existing investors TTV Capital and Bling Capital. 

Tuesday, June 17, 2025 - 15:26
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Financial IT
Zūm Rails Teams with Western Union Canada to Support Real-Time Cross-Border Money Movement

Zūm Rails today announced an agreement with Western Union to support fast and efficient money movement between Canada and 200 countries and territories worldwide.

Tuesday, June 17, 2025 - 15:18
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Financial IT
NextGen Payments & RegTech Forum Returns to Dublin, Bringing Together Leading Payments and Compliance Executives

Don't miss the NextGen Payments & RegTech Forum, on 19 June 2025 at the Conrad Hotel in Dublin, Ireland, uniting senior executives from global banks, fintechs, regulators, and technology providers. The one-day forum will explore key trends including the future of digital currencies, AI-driven compliance, cross-border payments, and the evolving regulatory landscape across Europe.

Tuesday, June 17, 2025 - 15:08
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Financial IT
Ramp Raises $200M Series E at $16B Valuation as Companies of All Sizes Choose AI-Powered Finance Platform

Ramp, the leading financial operations platform, announced its Series E financing, bringing its valuation to $16 billion. For the fifth time, a Ramp funding round was led by Founders Fund – the company's first and largest investor. Total size was capped at $200 million and included participation from Thrive Capital, D1 Capital Partners, General Catalyst, GIC, ICONIQ Growth, Khosla Ventures, Sands Capital, 8VC, Lux Capital, Stripes, 137 Ventures, Avenir Growth, and Definition Capital.

Tuesday, June 17, 2025 - 14:58
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Financial IT
Open Banking Expo Awards 2025: Entries Open as Alumni Raise Over £8 Billion

The Open Banking Expo Awards 2025 are officially open for entries, offering organisations the chance to gain recognition as pioneers in Open Banking and Open Finance.

Widely regarded as a springboard for future success, past winners of the awards have collectively raised over £8 billion through investment and acquisition deals.

Tuesday, June 17, 2025 - 14:47
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Financial IT
AI Delivers $1.36 Return for Every $1 Invested, Study Reveals

Companies are realizing a 136% spike in return on investment (ROI) from AI in financial technology. Savings exceed $1.36m for every $1m invested over a three-year period, according to a global survey.  

Amid economic turbulence, fueled by tariffs and global trade disruptions, AI is being tied directly to enterprises’ financial performance.  

Tuesday, June 17, 2025 - 14:42
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Financial IT
TNS Unveils New Malaysian Hub to Power "Complete Commerce" and Strengthen Global Growth Strategy

Transaction Network Services (TNS), a global leader in providing full-stack, modern and secure payment and network solutions, has opened a new office in Kuala Lumpur, Malaysia, signalling its investment in the APAC region and continued commitment to supporting local and global customers.

Tuesday, June 17, 2025 - 14:39
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Financial IT
Kraken and Alpaca Partner to Expand Crypto Trading to Financial Institutions

Kraken, one of the longest-standing, most liquid and secure cryptocurrency exchanges, today announced a strategic partnership with Alpaca, a leading brokerage infrastructure API and self-clearing broker-dealer offering equities, options, fixed income and crypto trading.

Tuesday, June 17, 2025 - 14:28
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Financial IT
Nutanix Study Finds Public Sector Embraces Generative AI, but Faces Security, Skills, and Infrastructure Gaps

Nutanix, a leader in hybrid multicloud computing, announced the findings of its seventh annual global Public Sector Enterprise Cloud Index (ECI) survey and research report, which measures enterprise progress with cloud adoption in the industry. The research showed that 83% of public sector organisations have a GenAI strategy in place, with 54% actively implementing, and 29% preparing for implementation. 

Tuesday, June 17, 2025 - 14:25
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Financial IT
Stake Transforms Payout Experience with Checkout.com Pay to Card Integration

Stake, one of the leading digital and global real estate investment platforms, has launched Pay to Card, a breakthrough withdrawal feature powered by global digital payments company, Checkout.com. The new solution enables investors to receive their dividends and returns directly to their bank cards, often in just minutes, marking a major step forward in delivering faster, frictionless investing experiences.

Tuesday, June 17, 2025 - 14:09
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Financial IT

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