Aiven, a software company that combines the best open source technologies with cloud infrastructure, today announced it raised $100M in its Series C, bringing the company’s total investment to $150M at a valuation of now more than $800M. The round was led by Atomico, with participation from Salesforce Ventures and World Innovation Lab as new investors. Lead investors of Aiven’s Series A (Earlybird Venture Capital) and Series B (IVP) also significantly increased their capital commitments to Aiven. 

Credorax, leading smart payments provider and merchant acquiring bank, has today announced the appointment of Achiya Fried as Chief Commercial Officer.

With almost 25 years’ experience in acquiring, ecommerce and sales and marketing across the cards and payments sector, Fried will be leading on Credorax’s market growth strategy, while heading up the business development and commercial teams.

Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, has partnered with AccessFintech to deliver a new Strategic Gateway for Settlement Workflow that offers efficiencies in resolving multi-party settlement fails. The solution is powered by Broadridge’s industry-leading post-trade platforms and data, and incorporates AccessFintech’s cloud-based operations workflow model.

Volvo Cars has used the cloud-hosted FICO® Platform to digitize and accelerate the customer onboarding process for its new vehicle subscription service, Care by Volvo. By automating the process, Volvo has cut the credit check process on applicants from three days down to seconds.

More information: https://www.fico.com/en/platform

Chip, the award-winning savings app, has selected the custodian and investment technology provider, Seccl, to power its soon-to-launch Investment Platform.

A year since it was awarded CBILS lender status, responsible lender, AskIf, can now reveal it has approved close to £4m to deserving SMEs and micro businesses, playing an essential role in the national push to help businesses survive and thrive. AskIf has delivered on its mission to be an inclusive lender with 17% of CBILS loans distributed to BAME-owned businesses, and 22% to female-led businesses.

Acronis, a global leader in cyber protection and a member of the World Economic Forum (WEF) Centre for Cybersecurity, shared the results of a new report released by the WEF that warns that cybersecurity failure is a “clear and present danger” and critical global threat, yet responses from board directors have been fragmented, 

Gerlionti S.A., a company in Luxembourg, currently in the process of obtaining an Electronic Money Institution (EMI) licence under the GerliPay trademark, has selected Nets Estonia to support the development of its new digital payment system, GerliPay.

Risk data aggregation is the top compliance concern for chief data officers (CDOs) within financial services firms, with 88% of these organisations devoting 40% or more of their total data practice budget to compliance functions, according to new research launched ahead of the leading data management event for financial services, FIMA.

International payment service provider and direct bank card acquirer, ECOMMPAY, has today cautioned that attempted fraud levels have increased by two to three times their previous levels during the past year.