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Baanx Raises $20M Series A

Baanx, a London-based cryptocurrency payments platform, has raised $20 million in its Series A funding round led by notable entities including Ledger, the Tezos Foundation, Chiron, and the British Business Bank, this strategic investment elevates Baanx’s total funding to over $35.3 million.

Friday, March 8, 2024 - 11:36
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Financial IT
PayShepherd Secures $7M to Solve Heavy Industry’s Biggest Challenge with Contractor Management

PayShepherd, a contractor management solution for industrial sites, has closed $7 million CAD in an oversubscribed round of Seed+ funding to expand its target markets across North America and enhance its platform with new capabilities.

Friday, March 8, 2024 - 10:35
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Financial IT
OneBanx Appoints New CEO Javed Anjum

The shared banking solution provider and GLORY Group company, OneBanx appoints new CEO Javed Anjum. Javed will replace founder Duncan Cockburn, who announced his intention to step down from the role in February.

Friday, March 8, 2024 - 10:25
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Financial IT
2innovate Partners With Paymentology to Boost Innovation in Payment Processing Across Latin America

2innovate, a global pioneer in next-generation SaaS for banking and digital transactions, announces its partnership with leading global issuer- processor, Paymentology. This partnership highlights 2innovate’s ongoing commitment to innovation and operational excellence in the Latin American financial ecosystem.

Friday, March 8, 2024 - 10:22
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Financial IT
Smartpay Partners with Chubb Insurance to Accelerate Digitization of the Japanese Insurance Industry

The partnership between Smartpay, one of Asia’s fastest-growing fintechs and Chubb, a world leader in insurance with operations in 54 countries and territories, has been established for the development of digital insurance products for Japanese consumers needs.

The need for service innovation in the Japanese insurance industry

Friday, March 8, 2024 - 10:17
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Financial IT
xpate Elevates its Payment Solutions Through Strategic Partnership with Mambu

xpate, a frontrunner in the e-commerce payment solutions sector, proudly announces its strategic migration to Mambu’s cloud banking platform, marking a pivotal advancement in its service offerings across Europe.

Friday, March 8, 2024 - 10:12
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Financial IT
Xsolla Debuts Xsolla Wallet, Empowering Creators Access to Embedded Finance Solutions

Xsolla, a global video game commerce company, announces Xsolla Wallet, highlighting its commitment to empowering the global creator economy within the video game industry. Our mission is to provide equal access for developers, creators, and everyone in the creator economy with embedded finance solutions for the video game industry.

Friday, March 8, 2024 - 10:07
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Financial IT
Klarna Reveals 2023 Sustainability Progress: 25% GHG Emissions Reduction, $24.5M for Planet Health, and a Surge in Conscious Shopping

Klarna, the AI-powered global payments provider and shopping assistant, today announced its significant sustainability achievements from the past year. In 2023, saw a significant uptick in the use of its features that provide consumers with information about the sustainability efforts of merchants and promote conscious shopping, contributing to 4.75 million purchases from more conscious brands.

Friday, March 8, 2024 - 10:01
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Financial IT
Nuvei Accelerates Revenue for Customers With Advanced Network Tokenization Features

Nuvei Corporation, the Canadian fintech company, today announces the latest enhancements to its payment platform, an advanced network tokenization solution that enables its partners to benefit from smoother, more efficient, and more secure transactions in their online checkouts.

Friday, March 8, 2024 - 09:58
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Financial IT
Fireblocks Builds Powerhouse C-Suite to Begin Onboarding Thousands of New Retail and Institutional Customers

Fireblocks, an enterprise platform for building blockchain applications and managing digital asset operations, announced today the strategic appointment of Michal Ferguson as the company’s new Chief Marketing Officer. Ferguson’s appointment further solidifies Fireblocks’ dedication to advancing the widespread adoption of non-custodial and counterparty-free-risk markets for both individual users and institutions.

Friday, March 8, 2024 - 09:54
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Financial IT

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