Weecover, the Spanish market leader in embedded insurance, has just closed a €4.2 million round of financing to undertake its growth and international expansion plans.

New independent research from embedded finance specialist Weavr, conducted via Censuswide, found that employees lose an estimated £690 million annually in unclaimed and unpaid expenses in the UK alone. Surveying over 500 office workers in the UK, Weavr learned that 81% of respondents had been left out of pocket by their employer for longer than a month, leading to financial and mental health concerns.

The Payments Association, a trade group representing the payments sector, yesterday presented the policy recommendations that were proposed in its white paper to the House of Commons.

Yuno, the world’s leading payment orchestration platform, today announces the appointment of Miguel Duarte Fernandes, as its SVP, Head of Growth and Commercial for Europe, further expanding its geographic footprint. This strategic hire marks a significant step in strengthening Yuno’s global presence and accelerating the company’s expansion into Europe.

Over one-third of UK Adults say they have £25,000 or more in cash savings,  according to new research from Starling Bank, and it seems that putting money aside for life goals is the key to building up a savings pile. 

36% of UK adults have built up cash savings of at least £25,000, with 17% having £50,000 or more. And it’s not just an older generation sitting on a cash pile - almost 31% of 18-24 year olds are in the £25,000 + club. 

Modern Treasury, the leading payment operations platform built for the Instant Economy, today released survey results showing that the vast majority of companies continue to struggle with payment operations, leading to higher risk and operational cost, wasted employee time, and greater risk of audit errors.

The Company’s fourth annual State of Payments Operations 2025 report conducted with Harris Poll included responses from 500 U.S. financial decision-makers from companies with 500–9,999 employees.

Appdome, the leader in protecting mobile businesses, today announced that a new AI-Native threat-management module called Threat Dynamics™ will be offered inside Appdome’s ThreatScope™ Mobile XDR. Threat Dynamics uses AI deep learning to continuously evaluate the likelihood of a successful exploit from more than 400+ attack vectors and calculate a Mobile Risk Index™ for each business and mobile application.

Highnote, a leader in modern card issuance and program management, announced the closing of $90 million in Series B funding and the launch of its acquiring solution. The funding was led by Adams Street Partners with participation from existing investors including Oak HC/FT, Costanoa, WestCap, and Pinegrove Venture Partners.

The Bancorp, Inc., through its subsidiary, The Bancorp Bank, N.A., appointed Dwayne Allen to the Company’s Board of Directors, effective January 1, 2025. The addition of Allen will help drive the ongoing growth of The Bancorp.

Brite Payments, a leader in instant bank payments, has announced that George Parks Davie has been appointed VP Product. Bringing more than 15 years of fintech experience in account-to-account (A2A) payments and open banking to the role, Davie will help expand Brite’s product offering in existing and new geographies, with a strong focus on user experience. As part of the role, Davie will also lead the newly-created Payments Domain within Brite.