Mambu, a leading cloud banking platform has announced the appointment of Ivneet Kaur as Chief Product & Technology Officer.

Bivial AG is proud to announce the successful completion of its rebranding from Klarpay AG. This transformation represents a major milestone in the company's journey, aligning its identity with its vision to become a global leader in comprehensive financial solutions for digital businesses.

Allvue Systems, LLC, a leader in alternative investment solutions, has acquired PFA Solutions LLC, a provider of compensation and carried interest software solutions for firms across private equity, private debt and venture capital.  PFA’s flagship product, FirmView®, combined with Allvue’s platform, will help CFOs and finance teams streamline fund operations and accounting workflows.  The combined power of both platforms will further enable alternative investors to make superior investment decisions and simplify operations.

Parafin, which builds embedded finance infrastructure, has announced the close of its $100 million Series C financing at a $750 million valuation. The financing was led by Notable Capital, with significant participation from Redpoint Ventures. Existing investors Ribbit Capital, Thrive Capital, and GIC also participated in the round.

Databricks, the Data and AI company, today announced its Series J funding. The company is raising $10 billion of expected non-dilutive financing and has completed $8.6 billion to date. This funding values Databricks at $62 billion and is led by Thrive Capital. Along with Thrive, the round is co-led by Andreessen Horowitz, DST Global, GIC, Insight Partners and WCM Investment Management.

Moneyhub, the pioneering force in Open Banking and Open Finance, today announces a leadership change, with Sam Seaton concluding her tenure as Chief Executive Officer.

Anne de Kerckhove, Chair of the Board, Moneyhub will take on the role of Executive Chair of the group in the interim as the business looks to appoint a new CEO.

Boku, the global network for localised payment solutions, marks a landmark year in 2024 with strong commercial growth (H1 24 revenues up by 24%), accelerated merchant adoption, a 30% increase in monthly active users, and the delivery of new strategic partnerships in key geographic regions -, most notably in Europe, APAC and Africa. 

Rezo Money, a payments  platform for mobile recharges, bill payments, and financial transactions using digital currencies, is proud to announce its partnership with Triple-A, a multi-licensed global leader in cryptocurrency payment solutions. 

Tuum, a leading next-generation core banking technology provider, is proud to announce its inclusion in Celent’s highly regarded Retail Banking Core Systems: Next-Generation Core Banking Edition, 2024. This extensive evaluation highlights the most innovative and effective core banking solutions in the global market.

 In collaboration with consulting and audit firm PwC France and Maghreb,