NomuPay, a leading fintech platform, together with its subsidiary KlickEx Pacific Limited and the global money movement company TerraPay, has launched a strategic partnership to deliver seamless and affordable money transfer services to the Pacific Islands.

Aslan, the next-generation financial wellbeing solution, today announces its oversubscribed $5m (£3.9m) seed funding round. The round was led by Notion Capital, a leading European software and cloud venture capital investor, alongside Redstone, and an impressive roster of angels. Stephen Chandler, Notion’s Managing Partner, will join the Board.

Aslan exists to make employees’ pay go further, with a highly engaging benefit that they use every single day.

Paymob, the leading financial services enabler in MENA-P, announces it has been granted the Retail Payment Services License by the Central Bank of the UAE (CBUAE) after successfully meeting all regulatory conditions and requirements through a rigorous approval process.

The European Payments Council (EPC) is pleased to announce the start of the delivery project for the EPC Directory Service (EDS), after selecting Swift as supplier for the development and operations of the EDS and after signing an agreement at the end of 2024. Swift has been selected as EDS provider after a Request for Proposal (RFP) process running in the second and third quarters of 2024 and the subsequent approval by the EPC Board in September 2024.

New data released by SmartSearch, the UK’s leading provider of digital compliance and anti-money laundering (AML) solutions, found that almost three-quarters (72%) of regulated companies feel overwhelmed by ongoing anti-financial crime compliance demands.

Qomodo, the "all-in-one" smart payment solution for physical merchants, announces it has raised €13.5M in Series A funding. The round was co-led by RTP Global and LMDV Capital, with participation from Proximity Capital, Primo Capital as well as other notable investors including the founders of FACEIT, Fiscozen and Freetrade (the latter through Lumen Ventures). This builds on previously raised capital at the pre-seed level which included participation from the Elkann-Agnelli, Berlusconi, and Moratti family offices.

MoneyHash, the first and leading payment orchestration platform operating in the Middle East and Africa (MEA), has secured $5.2M in pre-A funding. Flourish Ventures – a global fintech investor behind industry leaders like Chime, Flutterwave, FairMoney, and Neon – led the round, adding to its portfolio of over 100 fintech startups. Additional investors include Saudi's Vision Ventures, Arab Bank's Xelerate, and Emurgo Kepple Ventures. The round features the participation of Jason Gardner, founder and former CEO of Marqeta, as his first MEA investment.

Standard Chartered today announced the launch of SC PrismFX, its cross-currency Transactional foreign exchange (FX) solutions suite. SC PrismFX is available for Financial Institution (FI), Non-Banking Financial Institution (NBFI), PayTech, and Corporate clients globally.

myPOS, the London-based fintech platform that pioneered instant settlement, has announced its acquisition of Toporder, a leading French cash register company. This move solidifies the position of myPOS as a payments service provider addressing the unique challenges faced by small and medium enterprises (SMEs).