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Paymentology and Sticitt Join Forces, Cultivating Optimism in Future Generations Through Healthy Financial Habits

Paymentology, the leading global issuer processor, today announces its strategic partnership with South African fintech startup Sticitt.

Sticitt is on a mission to help raise a generation of South African children with healthy financial habits from Schools with a strong financial foundation. This collaboration aims to revolutionise how schools handle finances and how children establish healthy money habits from a young age.

Tuesday, February 4, 2025 - 09:10
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Financial IT
Fimple Raises $12 Million in Series A Funding to Pioneer Composable, Cloud-Native Banking Solutions
Fimple, a leading provider of flexible, cloud-native core banking software, has successfully raised $12 million in its Series A funding round. The investment, led by DN Capital and Smartfin, saw continued participation from existing investors, including Albaraka Portfolio and Tera Portfolio. This milestone underscores the company's rapid growth and commitment to transforming the financial services landscape through its "Financial Function as a Service" (FFaaS) principle.
 
Tuesday, February 4, 2025 - 09:06
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Financial IT
PXP And Xolvis Announce Strategic Technology Partnership

PXP, leading omnichannel global payment platform, today announces a new strategic partnership with Xolvis, the digital solutions platform, to deliver innovative payment solutions for Xolvis’ customers across multiple markets.

Tuesday, February 4, 2025 - 08:41
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/news/payments/pxp-and-xolvis-announce-strategic-technology-partnership
Financial IT
United Fintech Acquires Commercial Banking Applications (CBA) With Backing From Leading Global Banks

United Fintech, the industry-neutral digital transformation platform, has announced the full acquisition of Commercial Banking Applications (CBA), a leading banking technology provider specializing in API-driven trade finance and payments solutions. The acquisition was financed by both equity and debt from existing investors, which include four major banks: BNP Paribas, Citi, Danske Bank, and Standard Chartered. This strategic move marks United Fintech’s entry into the commercial banking segment and represents a significant acquisition.

Tuesday, February 4, 2025 - 08:38
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/news/banking/united-fintech-acquires-commercial-banking-applications-cba-backing-leading-global
Financial IT
Dubai Duty Free Partners With TerraPay, Empowering 100 Million+ Customers For Instant Digital Wallet Payments At Dubai Duty Free

TerraPay, a global money movement company, has joined forces with Dubai Duty Free (DDF), the world’s largest single airport retailer, to revolutionize the shopping experience for over 100 million customers. This strategic partnership enables travellers to make purchases using their home-country digital wallets, driving a new era of convenience and accessibility in payment solutions.

Tuesday, February 4, 2025 - 08:33
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/news/e-wallets/dubai-duty-free-partners-terrapay-empowering-100-million-customers-instant-digital
Financial IT
UK’s Aldermore Bank Selects Temenos To Launch New Small Business Savings Notice Accounts

Temenos  today announced that UK-based Aldermore Bank (Aldermore) has selected Temenos SaaS to modernize its existing savings operations starting with quickly launching new savings notice accounts for small businesses.

Tuesday, February 4, 2025 - 08:31
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Financial IT
Algebrik AI And Plaid Join Forces To Simplify Loan Approvals With Smarter, Faster Data Connectivity

Algebrik AI Inc., a Delaware-incorporated company headquartered in New York City, pioneering the world's 1st cloud-native, AI-powered, digital-era Loan Origination Platform (LOS), today announced its partnership with Plaid, the data network powering the digital financial ecosystem.

Monday, February 3, 2025 - 16:50
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/news/lending/algebrik-ai-and-plaid-join-forces-simplify-loan-approvals-smarter-faster-data
Financial IT
Jump Closes $20 Million Series A Funding Round, Led By Battery Ventures, To Transform Financial Advisors’ Workflows Using AI

Jump, a leading provider of artificial intelligence (AI) solutions for financial advisors and other financial services providers, today announced the successful completion of a $20 million Series A funding round, led by Battery Ventures, with additional participation from Citi Ventures and existing investors Sorenson Capital and Pelion Ventures Partners.

Monday, February 3, 2025 - 16:19
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Financial IT
Pipe Invests In Developer Features To Simplify Integration For Embedded Capital

Pipe, a fintech company partnering with software platforms to deliver embedded financial solutions for SMBs, today announced it has significantly expanded the Pipe Partner Portal with new developer tools. These features make it even easier for developers to embed Pipe’s capital services within their payments and software platforms. Unlike other embedded solutions, Pipe’s investment in developer capabilities supports its “tech-first” approach to enable partners to accelerate the delivery of capital to its small business customers.

Monday, February 3, 2025 - 16:14
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Financial IT
Jack Henry And Moov To Implement Visa Direct To Enable Fast, Seamless Payments

Jack Henry™  announced today its collaboration with Visa, the world leader in digital payments, to offer Visa Direct through Jack Henry Rapid Transfers™. The addition of Visa Direct, which facilitates the delivery of funds directly to eligible cards, bank accounts, and wallets around the world, is part of Jack Henry’s previously announced alliance with Moov to enable community and regional financial institutions to offer robust and comprehensive digital payment services to consumers and small and medium-sized businesses (SMBs).

Monday, February 3, 2025 - 16:01
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Financial IT

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