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Payabli Closes $20M Series A to Scale Operations and Drive Innovation for Its Payments Infrastructure and Monetization Platform

Payabli, the payments infrastructure solution for software companies, has closed a $20M Series A. The round was led by QED Investors with participation from existing investors TTV Capital, Fika Ventures and Bling Capital based on the company’s greater than 3X revenue growth.

Wednesday, June 26, 2024 - 08:35
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Financial IT
Worldline Partners with Preferred Hotels & Resorts to Enhance Payment Solutions for Luxury Hospitality Segment

Worldline, a global leader in payment services, has announced a strategic partnership with Preferred Hotels & Resorts, a globally renowned brand dedicated to supporting independent luxury hotels, resorts, and residences for over 50 years. This collaboration marks a significant step forward in streamlining payment processes and elevating the guest experience within the luxury hospitality segment, benefiting more than 600 member properties across 80 countries.

Wednesday, June 26, 2024 - 08:29
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Financial IT
Interview with Roisin Levine, Head of UK & Europe Partnerships at ​⁠Wise

Interview with Roisin Levine, Head of UK & Europe Partnerships at ​⁠

Wednesday, June 26, 2024 - 08:12
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Financial IT
Financial IT interview with Steve Munford, CEO of Trulioo

Join us for an insightful interview with Steve Munford, CEO of Trulioo, conducted at Money20/20. In this engaging discussion, Steve shares his expertise on the evolving landscape of global identity verification and how Trulioo is leading the charge with innovative solutions

Wednesday, June 26, 2024 - 07:33
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Financial IT
Innovating Identity Verification: Insights from Trulioo's Steve Munford

Interview with Steve Munford, CEO, Trulioo

Financial IT: Can you provide an overview of Trulioo's role in the global identity verification landscape and how it has evolved over the years?

Wednesday, June 26, 2024 - 06:58
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Financial IT
Klarna Plus Soars to 100,000 Subscribers in the US

Klarna, the AI-powered global payments network and shopping assistant, today announced that Klarna Plus, issued by WebBank, has reached a significant milestone of 100,000 subscribers in the US since its launch 

Tuesday, June 25, 2024 - 14:53
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Financial IT
Nutanix Study Projects Hybrid Multicloud Adoption for Financial Services Will Triple, as Organisations Prioritise Data Security & AI

Nutanix, a leader in hybrid multicloud computing, announced the findings of its sixth annual global Financial Services Enterprise Cloud Index (ECI) survey and research report, which measures enterprise progress with cloud adoption in the financial services and insurance industry.

Tuesday, June 25, 2024 - 14:46
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Financial IT
GFT: Consumers Seek More Bank Support as Debts Mount
The average British consumer has almost £2,700 of credit card debt, and more than a third have, or contemplated taking out, a payday or short-term loan to cover rising debt costs in the last 12 months, according to new research.
 
Despite this mounting debt, over a third (39%) of consumers are not using any tools to help manage their spending. Around one in four (26%) are still using manual software such as Microsoft Excel to track their expenses.
Tuesday, June 25, 2024 - 14:28
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Financial IT
dLocal Secures Partnership with Kenyan Commercial Banking System
dLocal, the leading cross-border payment platform specializing in high-growth markets, has finalized a partnership agreement with the KCB Group, the commercial banking services handled by the Central Bank of Kenya, including inbound remittance services. The approval comes almost exactly one year after the country approved dLocal local entity for its first payment services license.
 
Tuesday, June 25, 2024 - 14:14
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Financial IT
LoopFX Announces £2.6M Investment from Augmentum Fintech PLC

LoopFX announces a fresh round of funding with Augmentum Fintech, Europe’s leading fintech fund, who have taken a £2.6mln stake in the business.

Augmentum’s Founder & CEO Tim Levene will join the Board of LoopFX, which is chaired by John Sievwright and includes experienced financial services entrepreneurs Martin Gilbert, Michael Soutar and Ivan Ritossa.

Tuesday, June 25, 2024 - 14:09
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Financial IT

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