Nubank, one of the world's largest digital financial services platforms, announces today an investment of US$150 million in Tyme Group as the lead of their series D funding round. The total investment round amounted to US$250 million, with M&G Catalyst Fund subscribing for US$50 million and existing shareholders with further US$50 million. Tyme Group is one of the fastest-growing digital banks globally, with 15 million customers and operations in South Africa and the Philippines.

Chargezoom, a leading platform for AI-powered billing and integrated payments, announced today it has raised $11.5 million in Series A funding, led by Salt Lake City's Kickstart Fund.

This funding marks Chargezoom's official arrival on the Utah tech scene, setting the stage for the company to scale rapidly and efficiently with the support of Silicon Slopes' top early-stage venture fund.

Tranglo, a leading cross-border payment hub, continues its expansion across Africa with the addition of 10 new payout countries: Benin, Cameroon, the Democratic Republic of the Congo, Gambia, Guinea, Guinea-Bissau, Ivory Coast, Malawi, Rwanda, and Tanzania.

With the latest expansion, Tranglo now supports payouts to 25 African countries.

ClearBank, the enabler of real-time clearing and embedded banking, today announced the availability of its cloud-native banking solutions and payment infrastructure in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. This will open up ClearBank’s cutting-edge banking solutions and payments infrastructure to all Azure customers, presenting an important

MDT, a CUSO that helps credit unions navigate complex financial technology ecosystems, today announced the launch of its MDT Compass App, a cloud-based s

Preventing Authorised Push Payment (APP) scams is one of the Payment Systems Regulator’s (PSR) top priorities. A new report from PSR shows how fraudsters exploit major platforms to scam consumers.

Ripple, the leading provider of digital asset infrastructure for financial institutions, today announced that Ripple USD (RLUSD) will be available on global exchanges starting tomorrow, December 17, 2024.

Trustly, the global leader in Open Banking Payments, has partnered with BRP Systems, a leading provider of enterprise software and digital services for the fitness & wellness market.

FINOM, the leading European digital banking solution for SMEs and entrepreneurs, today announced the launch of an update to its e-invoicing solution in Germany. This strategic update comes ahead of Germany's upcoming e-invoicing regulations, which will require all entrepreneurs to receive electronic invoices starting January 2025, with full mandatory e-invoicing for all businesses by 2028.