Cardo AI and Encina Lender Finance, LLC have created a partnership to revolutionize the asset-based finance (ABF) market, delivering faster, more efficient funding solutions for originators and greater capital deployment opportunities for institutional investors (LPs).

As the ABF market continues to grow, the collaboration between Cardo AI and ELF will set new industry standards, making structured credit more accessible, data-driven, and efficient.

Canopy Servicing, the leading commercial loan servicing platform, and Moov Financial, a leading provider of modern payment processing infrastructure, have joined forces to launch Canopy Repay, an integrated solution streamlining loan repayment operations for banks, non-bank lenders, and credit unions.

Combining Moov’s real-time payment capabilities with Canopy’s automated servicing technology, the partnership aims to deliver greater efficiency, reliability, and transparency in loan repayment processing.

Since launching in 2021, Oslo-headquartered Two  has grown 243% quarterly based on the simple premise that, in the 21st century, there is no reason for B2B payments to be as complex and analogue as they are currently. Two offers SMEs an innovative payment solution, reducing the significant time lag in the order-to-cash process, ensuring fraud is drastically reduced through an AI-powered risk processor: seeking to make it as simple for businesses to purchase online as it is for an end-consumer.

Checkout.com, a leading global digital payments company, announces its partnership with Vinted, Europe’s leading online marketplace for second-hand fashion. 

Zelle® today announced that in 2024 the network reached 151 million enrolled users and helped American consumers and small businesses send over $1 trillion—the most money ever sent by a person-to-person payments service in a single year. The total dollar amount sent on the platform increased 27% from 2023, while transaction volume on Zelle totaled 3.6 billion, a 25% increase from the prior year. 

2024 highlights include:

MarketLeap, the first fully integrated AI-driven platform to simplify and scale D2C ecommerce, today announced an $8 million Series A funding round led by Smedvig Ventures, with participation from Expon Capital, Motier Ventures and prominent business angels including former executives from Amazon, SoftBank, and Unilever.

As airlines progress with plans to become modern retailers, the importance of a smooth payments experience grows in importance. Yet outdated airline payments risk undermining efforts to turn airports into retailing hotspots and are the root-cause of traveler frustration, according to a newly published report. 

Serene, a UK fintech innovator dedicated to crafting seamless financial experiences for brands and their customers, has announced the appointment of three major hires to its leadership team, collectively bringing nearly four decades of expertise in data, engineering, and financial services.

ClearBank, the enabler of real-time clearing and embedded banking, launched a new embedded banking service for Capital on Tap, the credit card provider for small businesses. The partnership will see ClearBank provide business savings accounts integrated directly into Capital on Tap’s existing user portal.

Ahead of Valentine’s Day,