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Zeti Announces Series A Investment from HYCAP Group

Zeti, the award-winning innovator in fintech for clean transport adoption, today announced a £5m investment from HYCAP Group, the UK-based net zero energy transition investor, as part of Zeti’s series A financing.

Zeti will join HYCAP’s rapidly growing portfolio of net zero assets and infrastructure companies, which already include Wrightbus, Ryze, Hygen and Yamna, as well as benefiting from HYCAP’s global reach and access to capital.

Friday, June 28, 2024 - 11:31
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Financial IT
Buy Now, Pay Later Sezzle Expands Payment Streaks Program to Canadian Users

Sezzle, the most popular Buy Now, Pay Later (BNPL) provider in Canada, is delighted to announce that its innovative Payment Streaks feature is now available to Canadian users. Following its successful launch among U.S. consumers, we are excited to bring this feature to Canada, rewarding Sezzle users for consistently making timely payments, promoting financial responsibility and enhancing the overall customer experience.

Friday, June 28, 2024 - 11:22
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Financial IT
Medius Unveils Two Groundbreaking AI Solutions to Revolutionize Accounts Payable Efficiency

Medius, a leading provider of AI-driven solutions for Accounts Payable (AP) automation, today announces the launch of two innovative products: Medius Copilot for Accounts Payable Automation (APA) and Medius Supplier Conversations.

Friday, June 28, 2024 - 11:19
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/news/artificial-intelligence/medius-unveils-two-groundbreaking-ai-solutions-revolutionize-accounts
Financial IT
Nium Appoints Spencer Hanlon to Chief Operating Officer

Nium, the global leader in real-time cross-border payments, today announced the appointment of Spencer Hanlon to the role of Chief Operating Officer (COO). Previously, Hanlon served as Nium's Global Head of Travel, spearheading one of the company's fastest-growing business units. Hanlon joined Nium in 2021 via the acquisition of Ixaris Group Ltd., where he served as Chairman.

Friday, June 28, 2024 - 11:16
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/news/people-moves/nium-appoints-spencer-hanlon-chief-operating-officer
Financial IT
Slide Insurance Secures $175 Million Senior Credit Facility

Slide Insurance announced today that it has secured a $175 million senior credit facility led by Regions Bank in its capacity as Administrative Agent, Joint Lead Arranger, and Joint Bookrunner. Synovus Bank and Texas Capital Bank, through its TCBI Securities Inc. division, also supported the transaction as a Joint Lead Arranger and Joint Bookrunner.

Friday, June 28, 2024 - 10:41
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/news/fundraising-news/slide-insurance-secures-175-million-senior-credit-facility
Financial IT
Simply Asset Finance Secures £120m Loan Facility from Bank of America

Bank of America has agreed a new facility with Simply Asset Finance, the specialist business lending provider, which will unlock the potential of £120 million of further funding for businesses across the UK. The initial facility is for a value of £60 million with an accordion to £120 million. 

Friday, June 28, 2024 - 10:36
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/news/fundraising-news/simply-asset-finance-secures-ps120m-loan-facility-bank-america
Financial IT
Interview with Cassie Craddock, Managing Director, UK & Europe of Ripple | Money 20/20 Europe
Thursday, June 27, 2024 - 14:37
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Financial IT
Mintos Launches Smart Cash to Maximize Cash Holdings via BlackRock-Managed Fund

Mintos, a leading multi-asset platform offering a unique mix of alternative and traditional investment options, is delighted to announce the launch of its latest product: Mintos Smart Cash. This new money market fund offering is a great addition to the loans, bonds, ETFs, and real estate already available on Mintos.

Thursday, June 27, 2024 - 13:31
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/news/cash-management/mintos-launches-smart-cash-maximize-cash-holdings-blackrock-managed-fund
Financial IT
TerraPay Expands Americas Presence with Strategic Appointment of Juan Loraschi as Vice President - Head of North America

TerraPay, a global leader in money movement, is pleased to announce the appointment of Juan Loraschi as Vice President – Head of North America Business. This strategic addition underscores TerraPay's commitment to deepening its presence in the growing remittances market across the Americas.

Thursday, June 27, 2024 - 13:28
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Financial IT
Visa Expands Payment Options for Amazon Customers with Installment Plans

Visa has announced a new collaboration with Amazon that will provide Canadian consumers with more choices at checkout. When shopping online on Amazon.ca or on the Amazon app, eligible RBC and Scotiabank credit cardholders will now have the option to select Installments enabled by Visa as their method of payment for qualifying purchases. This convenient payment option is now available and enables eligible consumers to convert their purchases into smaller, fixed payments made over a defined period.

Thursday, June 27, 2024 - 13:23
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Financial IT

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