finmid – the financial infrastructure innovator helping B2B platforms offer their small & medium customers access to tailored financing support – has emerged from stealth to announce it has raised €35 million in early-stage equity funding from Blossom Capital, Earlybird VC, and N26-founder Max Tayenthal. The funding comes as finmid also announces it has partnered with Wolt, a leading European tech company known for its local commerce platform.

Experian announced that the company was named a Leader in the IDC MarketScape: Worldwide Enterprise Fraud Solutions 2024 Vendor Assessment. The report evaluates each vendor’s advanced fraud detection capabilities, alignment with customer needs, and future strategy and roadmap for innovation.

TokenEx, the leading cloud tokenization provider, and IXOPAY, the leading independent payments orchestration platform, today are announcing their definitive agreement to merge, creating a new leader in global payments optimization. The combined company will be called IXOPAY, a TokenEx Company, and Marc Olesen will lead the combined organization as CEO.

Aurora Payments, a full-service payment solutions provider, today introduced the ARISE Payment Platform, a cloud-based, payment-agnostic modern payment system designed specifically for SMBs (Small and Medium-sized Businesses). The ARISE Payment Platform works in tandem with the ARISE Payment Terminal in a card-present environment or standalone mode in a card-not-present environment.

Over the past decade, consumer behavior toward cash has changed dramatically. The events since the COVID-19 pandemic amplified this. Cash usage dropped across regions, whether mature or emerging economies. 

Now, credit cards, debit cards, and e-wallets are taking over, and we’re on our way to building a cashless society. 

Rapid Finance, a small business banking platform helping small businesses find customized financing solutions, in collaboration with Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc., today announced the launch of the Rapid Access Mastercard.

Vaqat has chosen Abillio's API-based payment infrastructure to streamline student onboarding, tax compliance, and payouts, combined with DAC7 reporting.

Launched in 2022, Vaqat is a marketplace where companies can outsource short intern-like tasks to students from 70 countries and future employers can use such projects as a talent assessment tool.

Over half [54%] of SMEs in the UK were victim to some form of cyber-attack in 2022, up from 39% in 2020. With 1 in 5 reporting that the average cyber attack could cost their business over £4000, the fact that only 17% of small businesses in the UK have a cyber insurance policy in place is eye-opening.