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Venn, Formerly Vault, Raises $21.5M to Be the All-In-One Financial Platform for Canadian Businesses

Venn, the all-in-one financial platform built for Canadian businesses, has raised $21.5 million in a Series A funding round led by Left Lane Capital, with participation from 

Tuesday, March 11, 2025 - 09:15
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/news/fundraising-news/venn-formerly-vault-raises-215m-be-all-one-financial-platform-canadian
Financial IT
ClearBank Appoints New CEO

ClearBank has appointed Mark Fairless, formerly CFO, as its new CEO. ClearBank’s co-founder and former CEO, Charles McManus, will continue to play an active role in driving the business strategy as a non-executive member of the Group Board.

Mark Fairless, who has served as ClearBank’s CFO and Group Board member, since January 2023, has been appointed CEO. Fairless has been instrumental in implementing the business’s long-term strategy, driving optimisation, and positioning ClearBank for scalable growth.

Tuesday, March 11, 2025 - 09:11
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/news/people-moves/clearbank-appoints-new-ceo
Financial IT
Gen Z Prioritises Financial Planning and Saving Amidst Growing Economic Challenges

Gen Z is emerging as a generation of financial planners, balancing economic independence and wealth building, according to new research.

A new study from international law firm Charles Russell Speechlys, which sought the views of 4,000 people, found that more than 2 in 5 (43%) of Gen Z adults would use financial support, such as inheritance or gifts from parents or grandparents, to save for their future, while a third would buy a property outright (33%) or put it towards a deposit (32%).

Tuesday, March 11, 2025 - 08:53
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/news/personal-finance/gen-z-prioritises-financial-planning-and-saving-amidst-growing-economic
Financial IT
Nubank Elevates Customer Experiences With OpenAI

Since its founding in 2013, Nubank—one of the world’s largest digital financial services platforms—has changed how millions across Latin America manage their money, offering fee-free accounts, credit cards without annual fees, and seamless, personalized customer service. Today, Nubank serves over 114 million customers in Brazil, Mexico, and Colombia.

By leveraging AI solutions developed with OpenAI, Nubank enhances both customer experiences and internal efficiency:

Tuesday, March 11, 2025 - 08:49
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/news/digital-banking/nubank-elevates-customer-experiences-openai
Financial IT
Reece Partners With Adyen to Boost Customer Experience in Australia and New Zealand

Adyen , the financial technology platform of choice for many of the world’s leading companies, today announced its partnership with Reece , Australia and New Zealand’s leading plumbing and bathroom supplies business. The payment partnership sees Adyen process payments across Reece’s online and offline stores, creating seamless customer experiences, ensuring safer transactions, and modernizing processes.

Tuesday, March 11, 2025 - 08:46
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/news/e-payments/reece-partners-adyen-boost-customer-experience-australia-and-new-zealand
Financial IT
Profile Software Unveils Digital Investment Hub Solution to Bridge Digital Banking and Investment Management

Profile, a leading international financial solutions provider, has announced the release of its innovative Digital Investment Hub (“DI.hub”) solution within Finuevo Digital, a next generation digital banking platform.

Tuesday, March 11, 2025 - 08:43
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/news/financial/profile-software-unveils-digital-investment-hub-solution-bridge-digital-banking-and
Financial IT
M-DAQ Finds More Than 70% of Businesses Unprotected From FX Risk – 4XPro Delivers the Solution

Currency volatility remains a critical threat to cashflow stability for businesses operating across borders. The sudden surge of the Japanese Yen in August 2024 serves as a stark reminder, costing millions in unforeseen losses for companies with exposure to the currency.

Tuesday, March 11, 2025 - 08:41
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/news/infrastructure/m-daq-finds-more-70-businesses-unprotected-fx-risk-4xpro-delivers-solution
Financial IT
Fawry and Ottu Sign Strategic Collaboration Agreement to Drive Unprecedented Business Growth in Egypt

Fawry, Egypt’s leading fintech company, has signed a pioneering Mutual Collaboration Agreement (MCA) with Ottu, the leading Online Payment Management System (OPMS) in the Middle East. Together, Fawry and Ottu aim to redefine Egypt’s online payment landscape, empowering businesses with innovative and efficient payment solutions, with Fawry being Ottu’s first partner in Egypt.

Tuesday, March 11, 2025 - 08:38
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/news/payments/fawry-and-ottu-sign-strategic-collaboration-agreement-drive-unprecedented-business
Financial IT
OCC Clarifies Bank Authority to Engage in Certain Cryptocurrency Activities

The Office of the Comptroller of the Currency (OCC) today took action to reaffirm that a range of cryptocurrency activities are permissible in the federal banking system. 

Tuesday, March 11, 2025 - 08:36
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/news/cryptocurrencies/occ-clarifies-bank-authority-engage-certain-cryptocurrency-activities
Financial IT
Adyen Publishes 2024 Annual Report

Adyen  today published its 2024 Annual Report, providing stakeholders an insight into its business performance, strategy, and key milestones from the past year.  

Tuesday, March 11, 2025 - 08:33
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/news/payments/adyen-publishes-2024-annual-report
Financial IT

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