Paymob, MENA’s leading financial services enabler, announces a $22 million Series B extension round - taking the Company’s total Series B funding to $72 million. 

The funding was led by EBRD Venture Capital with participation from Endeavor Catalyst. Existing investors PayPal Ventures, BII, FMO, A15, Nclude and Helios Digital Ventures participated in the round, reaffirming their endorsement of Paymob’s business model, strategy and leadership in the regional fintech sector. 

Landesbank Baden-Württemberg (LBBW), Germany's largest state bank, has selected Fenergo, the leading provider of solutions for know your customer (KYC), client lifecycle management (CLM) and transaction monitoring to provide a new cloud-based client onboarding system

Thunes, the Smart Superhighway for money movement around the world, announces a strategic alliance with TeleMoney, the International Remittance arm of Arab National Bank (ANB). This collaboration marks a significant milestone, as TeleMoney’s membership in the Thunes Direct Global Network underscores the growing trust that Thunes has earned from established financial institutions in Saudi Arabia seeking to expand their global cross-border payment capabilities.

Diebold Nixdorf, a world leader in transforming the way people bank and shop, today announced that Kathleen Creech is joining the company as executive vice president, and chief people officer, effective Sept. 16. She will be responsible for leading employee-focused initiatives across the organization and overseeing the global human resources (HR) strategy for 21,000 Diebold Nixdorf employees worldwide

Swedish Banking as a Service provider, Intergiro, has today announced the launch of its no-code white-label app platform. Designed to meet the rising demand for quick market entry and streamlined development of digital banking applications, the platform enables businesses to deploy fully branded mobile banking apps in a matter of days, without the need for technical expertise.

Issuer processing powerhouse Enfuce today announces the expansion of its E2 card to the UK, France and Germany, in collaboration with Mastercard. Offering debit and credit PANs in one card, E2 bolsters the company’s track record of delivering cutting-edge products that benefit both card issuers and customers. 

Galileo Financial Technologies, a leading financial technology company and a subsidiary of SoFi Technologies, Inc., is delivering fintechs, banks and businesses new ways to fight fraud with the launch of Galileo Instant Verification Engine (GIVE) and Transaction Risk GScore. 

Equisoft, a leading global digital solutions provider to the financial industry, is pleased to announce that Assuria, the largest insurance company in Suriname, is in the process of implementing Equisoft/manage, a modern cloud-based policy administration solution, as well as the Equisoft/illustrate and Equisoft/apply digital sales and service solutions.  

UATP, the global payment network that enables organizations to simplify payment processes and expand their payment capabilities, has announced a new partnership with Klarna, the AI-powered global payments network. The partnership allows airlines to offer Klarna’s flexible payment services, including interest-free Buy Now Pay Later, providing customers with more flexible payment options for travel products and services.