Payoneer, the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, announced new features to improve the customer experience and help entrepreneurs easily connect with the global economy. 

2023 proved to be a difficult year for many European startups financially.

Boring Money, a financial data and insights business, has collaborated with global Fintech leader Broadridge Financial Solutions, Inc. to provide a single source of data and insights for asset managers that combines product analysis with consumer perspective to holistically address the requirements of the UK’s Consumer Duty regulation.

Rivero, a European Fintech specializing in digitalization and automation of payment processes, announced today that it has raised $7 million in a Series A round. The round was led by 6 Degrees Capital and Inference Partners, with participation from PostFinance's Venture Arm, Kraken Ventures, Seed X Liechtenstein, and angel investor and former COO of Adyen, Robert Kraal, together with a long list of payment executives.

VoPay, a leading provider of embedded financial technology solutions, has launched VoPay Verify, an Instant 

Maine Savings, one of Maine’s largest credit unions with over 35,000 members, has announced a new partnership with Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, to provide personal loans across the communities it serves.

PortX, the leading financial infrastructure and integration technology company that provides open access to data and drives innovation for financial institutions with its Integration-Platform-as-a-Service (IPaaS), announced a strategic partnership with Plaid, the data network powering the digital financial ecosystem. This collaboration combines the power of PortX's digital core banking integration experience with Plaid’s industry-leading capabilities for connecting data between applications and bank accounts.

Rainbow, a digitally-enabled managing general underwriter building tailored small business insurance products, has announced raising $12 million in seed funding with participation from Caffeinated Capital, Altai Ventures, Zigg Capital, 8VC, Buckley Ventures, Habitat Partners, and Arch Capital Group Ltd.

Trustly, a pioneer in open banking solutions, announces the successful completion of its acquisition of SlimPay, a leader in the European recurring payments sector. Following the initial statement on August 29, 2023, and subsequent receipt of regulatory approvals from the French banking supervision authority, ACPR, this strategic move marks a major step toward redefining the recurring payment landscape in Europe.

Edenred Payment Solutions, an Edenred company and one of Europe’s market-leading payments service providers, has been selected by UK e-money provider, thinkmoney, to upgrade its card and account platform capabilities.