Manchester-based innovative fintech Ryft, announces a new partnership with Clearhaus, allowing the Danish acquirer to leverage its technology solutions and cater to digital platforms and marketplaces.
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Clearstream, Deutsche Börse’s post-trade business, intends to invest in Digital Vault Services (DVS), a pioneering fintech offering issuance and safekeeping services for digital bank guarantees and sureties in Europe. The investment is subject to applicable regulatory approvals and finalisation of legal documentation.
Kamina, the Ecuadorian Startup that combats people's debt in Latin America by combining technology with financial education, has announced its recent capital raising in a pre-seed round, reaching the highest figure recorded in the country and positioning itself as one of the largest at the regional level during the last year.
Ramp has completed a $150 million Series D-2 funding round, raising the company’s valuation to $7.65 billion. This round was co-led by Khosla Ventures and Founders Fund, with additional new investors Sequoia Capital, Greylock, and 8VC. Investors: Thrive Capital, General Catalyst, Sands Capital, D1 Capital Partners, Lux Capital, Iconiq Capital, Definition Capital, Contrary Capital, and more are doubling down.
Banks, non-banks, and fintechs have roughly one year to prepare for the forthcoming Payment Services Directive (PSD3), Payment Services Regulation (PSR), and the Financial Data Access framework. (FIDA). These regulatory developments will fundamentally reshape the way these players work operate on a pan-European level, while aiming to level the playing field between banks and non-banks, in particular by giving non-bank payment service providers access to all EU payment systems.
There have never been so many ways to pay for goods and services: we can choose from global card-based brands like Mastercard or Visa, worldwide wallets like PayPal, merchant wallets like Amazon Pay, and mobile wallets like Google Pay or Apple Pay, the latter of which will soon open up NFC payments access to third-party providers. There’s even the option to use the European SEPA instant credit transfer scheme, which now works for online and offline shopping.
PAX Technology, Inc., a leading global payment solution provider, is pleased to announce the groundbreaking eSIM solution, Airlink, an IoT data service, powered by Uptrillion™, revolutionizing the way businesses stay connected.
Anvilogic, the industry's first multi-data platform SIEM, today announced the close of a $45 million Series C funding round, bringing its total funding to date to $85 million since its founding in 2019. The round was led by Evolution Equity Partners, with participation from existing investors Foundation Capital, Cervin Ventures, Myriad Ventures, Point72 Ventures, Outpost Ventures, Stepstone Group, and G Squared.
Jensten demonstrates continued progress against its strategy with a substantial increase in funding dedicated to future growth. The successful securing of additional funding cements the firm’s commitment to advancing its growth plans throughout 2024 and beyond.