Partnerships 

Wearable Tech Pioneer DIGISEQ Partners with AdornPay to Bring Passive Wearable Payments to the Netherlands

DIGISEQ, the wearable payments tech pioneer, announced its partnership with Dutch wearable fashion brand, AdornPay, bringing large-scale wearable payment technology to the Netherlands for the first time. Powered by DIGISEQ’s revolutionary contactless payment technology, the partnership brings a unique product offering to the Dutch market, combining fashion and functionality through elegance. 

Elmore Forms Global Insurance Partnership with Railsr

Elmore, a specialist insurance intermediary for new risks, has formed a partnership with Railsr, a world-leading embedded finance experiences platform. As Railsr’s insurance partner, Elmore will provide specialist fintech insurance for Railsr’s customers worldwide. Cover includes cyber insurance, crime insurance, professional indemnity insurance, and directors’ insurance. With the growth of open banking and embedded finance, a wide range of financial products is being accessed in new ways.

Binance and Mastercard Launch Pre-paid Crypto Card

In partnership with Mastercard, crypto giant Binance is launching its pre-paid card offering cryptocurrency “rewards” on customers’ purchases. The alliance will see Binance roll out its crypto debit card in Argentina, the first country in Latin America to have the product thanks to a partnership with the payment giant. The Binance Card was issued by Credencial Payments and allows users in the region with a valid national identity document to make purchases and pay bills with cryptocurrencies.

JARVIS Invest Partners with Six Broking Houses to Provide AI-based Investment Advisory & Access Additional 4 Lakh

JARVIS Invest, India’s first AI-based investment advisory platform has announced a partnership with six broking houses to further expand its pan India footprint and provide its unique product to additional 4 lakh customers. The six broking houses are Jainam Broking, Arham Wealth, Klever Trade, Arham Shares, Trade Circle, and Bigul. This partnership will enable JARVIS Invest further expand its customer reach and AUA.

Cion Digital Partners with Finturf to Provide Merchants and Consumers With Crypto Financing Options

Cion Digital, developers of the first fully integrated Crypto Operating System, announced that it is partnering with Finturf to provide merchants and consumers with cryptocurrency-secured financing options at point-of-sale. Cion Digital’s ready-to-deploy modular payments and the lending platform provide companies with the connectivity, infrastructure and support needed to rapidly deploy compliant blockchain-based real-time payment and lending solutions.

Transact365 Partners with Crypto-Exchange FINECTUM

Transact365, a UK-based global payments platform powering merchants across the globe, has struck a strategic partnership with crypto exchange FINECTUM. The partnership means that merchants using Transact365’s payments platform can now accept and process crypto payments, including BTC, LTC, USDTE, USDTT, ETH and more, across five continents. This is alongside traditional and local payment solutions.

Ondato and Hawk AI Announce Partnership to Offer Integrated AML and KYC Management Suite

Hawk AI, Germany’s leading software provider of anti-money laundering surveillance technology for banks, payment firms, and fintechs, today announced a new partnership with Ondato, one of the leading tech companies in KYC and customer onboarding. Through this partnership, Ondato and Hawk AI will jointly offer an integrated KYC validation process combined with a state-of-the-art AML Transaction monitoring and behavioural analytics suite.

Axerve Partners with Viceversa to Offer Ecommerce Businesses 1M Revenue-Based Financing

Axerve, a leading European payment hub, announced a strategic partnership with Viceversa, a European data-driven fintech platform, to offer its e-commerce customers Viceversa’s innovative Revenue-Based Financing formula for accessing capital. The partnership arises from the common will to support companies in the E-commerce sector in their growth and developmental paths.

Launches 

NearPay Launches Virtual Crypto Cards and Wallet Apps for iOS and Android

NearPay, a crypto finance protocol, has officially launched virtual crypto cards and its Wallet for iOS and Android to bring the modern digital banking experience to the world of crypto. NearPay Wallet is now available on all platforms, including Web, iOS and Android. With NearPay you can buy crypto using your credit card or a bank transfer, seamlessly send, receive and exchange it, or make withdrawals directly to your bank account.

Covr Offers Covr Pro to Bring an Industry-Leading Digital Insurance Platform to Independent Financial Advisors

Covr Financial Technologies (Covr) has launched Covr Pro (CovrPro.com), bringing its industry-leading digital insurance platform to independent financial advisors. Originally created for and trusted by 30,000 advisors at leading financial firms, this new offering will give independent financial advisors a simple, digital solution for life, long-term care, linked-benefit, and disability insurance.

Gate.io Releases OTC Block Trading Platform

Gate.io Group has announced the launch of its over-the-counter trading platform Gate OTC, which will provide fully-licensed OTC crypto trading services catered to institutions and high-net-worth individuals. Services are offered in various countries around the world, supporting several mainstream cryptocurrencies. Gate OTC will facilitate large block trades while retaining privacy and minimizing the impact on market price.

Brightwell Introduces ReadyRemit to Power Financial Service Providers Global Payments Capabilities

As the demand for cross-border payments continues to grow, Brightwell, an Atlanta-based global payments technology company, announced the availability of ReadyRemit. This comprehensive remittance engine enables FinTechs to capitalize on the digital payments market quickly and easily, building a new revenue stream and driving customer loyalty. The demand for cross-border remittance payments is growing exponentially.

Finimize Launches New Stock Data - Democratising Investment Information for the Retail Investor

Bitesize investing insights platform Finimize, which was acquired by abrdn in October 2021, has expanded its mobile app with stock data. Powered by FactSet, the data will give its retail investor community access to the same quality data financial professionals use on a daily basis. Finimize premium subscribers can now use the new “Markets” feature to access curated data designed to help them make more informed investing decisions.

AstroPay Launches Exclusive VIP Programme to Reward Most Loyal Clients

AstroPay, the online payment solution of choice for millions of users worldwide, launched its new VIP Programme which rewards its most exclusive clients by offering them personalised and dedicated service. The benefits offered by this loyalty programme include promotions, dedicated support, unique experiences, and many other options. Users from all over the globe, where AstroPay’s services are available, will be eligible for the VIP Programme which is based on the volume of users’ transactions.

Merger & Acquisition

Zuora to Acquire Zephr, Giving Companies the Power to Deliver Optimal Subscriber Experiences

Zuora, Inc., the leading cloud-based subscription management platform provider, announced its planned acquisition of Zephr, a leading subscription experience platform used by global digital publishing and media companies. As an existing Zuora® partner, Zephr’s pre-integrated solution is in use today by joint customers, and will immediately expand Zuora’s product suite.

BLIK Payment System Buy Slovakia's Viamo

The Polish mobile payment system operator Blik is looking to expand internationally through the acquisition of Slovakian player Viamo. Terms of the deal - which still require the approval of Slovakia's central bank - were not disclosed. Operating since 2013, Bilk offers P2P payments and payments to businesses based on QR codes and links. The company is also a payment gateway provider.

Stubben Edge Group Acquires Bonhill Group’s Business Solutions & Governance Division

Stubben Edge Group announced the acquisition of Bonhill Groups Business Solutions & Governance (BSG) Division. The BSG Division holds several brands which will be key to Stubben Edge’s further growth and expanded capabilities for customers, brokers, and Independent Financial Advisers (IFAs). The BSG division includes the highly regarded brands SmallBusiness.co.uk, GrowthBusiness.co.uk, Information-Age.com and DiversityQ.

Infront Acquires Assetmax

Infront AS has entered into an agreement for the acquisition of Assetmax AG. The acquisition represents an important milestone for Infront as the company further strengthens its product offering for wealth management customers across Europe. The transaction is expected to be completed by the end of September at the latest, subject to customary conditions.

BNPL FinTech valU Buys Paynas to Expand in MENA

valU, MENA’s leading Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform, announced that it acquired 100% of Paynas, a full-fledged employee management and benefits company that provides financial services to micro, small, and medium enterprises (MSME) in a signing ceremony attended by Dr. Rania A. Al-Mashat, Minister of International Cooperation.

WE Hub and Tide Join Hands to Accelerate Growth for Women-led SMEs

In a move to power women-led small businesses in India, Telangana’s state-led incubator for women entrepreneurs, WE Hub has entered into a Memorandum of Understanding (MoU) with Tide, the UK’s leading SME-focused business financial platform. This year-long partnership is set to elevate Tide’s India Chapter of ‘Women in Business’ and enable aspiring women entrepreneurs across India to both start and grow their businesses and overcome administrative challenges.

Paysend Partners with Currencycloud to Help SMEs Open Up Global Business and Reach New Customers

Paysend, the UK-based Fintech which has over 7 million customers, has partnered with Currencycloud, the experts in simplifying business in a multi-currency world, to expand the capabilities of Paysend Business, its new digital end-to-end payments solution created to help small to medium enterprises (SMEs) take control of their financial health and accelerate their growth.

Rippleshot Announces Partnership with Risk Intelligence Leader Flashpoint to More Proactively Combat Card Fraud for Financial Institutions

Rippleshot, a provider of proactive fraud detection and prevention solutions to payment processors and financial institutions, announced a partnership with Flashpoint, the globally trusted leader in actionable intelligence, to pair Rippleshot’s compromised and high-risk merchant data and insights with Flashpoint’s Payment and Credit Card Fraud Mitigation solution.

NICE Actimize Partners with Olivetree Financial to Monitor Market Abuse

NICE Actimize, a NICE business, announced that Olivetree Financial, a UK-based high-touch multi-asset broker that is part of Alvar Financial Services Ltd., has chosen NICE Actimize’s advanced cloud SURVEIL-X Markets Surveillance solution to deliver upon its enhanced financial crime strategy, to monitor market abuse and keep pace with regulatory change. Supporting Olivetree Financial’s objectives, NICE Actimize’s SURVEIL-X will be used to monitor more than 15 market abuse typologies.  

Job Moves

MX Names PayPal Veteran Wes Hummel as CTO

MX, a leader in Open Finance, announced that Wes Hummel has been named Chief Technology Officer. A customer-focused technology leader, Hummel has spent the past 25 years building global engineering teams that drive business and customer outcomes in financial services. He will oversee the company's engineering and information security teams reporting to MX Chief Executive Officer Jim Magats.

IBSFINtech appoints Ex-Oracle, Automation Anywhere Senior Leader Pramod Agrawal as Chief Technology

IBSFINtech, India's leading TreasuryTech Solution provider announces a significant addition to the company’s leadership team -- Mr Pramod Agrawal, who joins IBSFINtech as Chief Technology Officer (CTO). Pramod will play a pivotal role in leading the company’s technology, engineering, and innovation initiatives, driving the company’s technology solutions to the next level.

Spice Money Strengthens Leadership Team by Elevating Two Leaders to Executive Roles

Spice Money, India’s leading rural fintech, is gearing up to achieve its goal of becoming the country’s largest rural fintech player by further reinforcing its leadership team. The company has elevated two of its senior leaders into executive roles. Kuldeep Pawar, who was previously the Head of Marketing has been promoted to Chief Marketing Officer, where he will support the overall strategic objectives of Spice Money by developing comprehensive marketing and communication strategies.

Eventus Appoints Industry Veteran Robbie McDonnell Sales Director, Australia & New Zealand

Eventus, a leading global provider of multi-asset class trade surveillance and market risk solutions, announced that Robbie McDonnell has joined the firm as Sales Director, Australia & New Zealand. McDonnell is a nearly 30-year veteran of financial markets technology, serving in a variety of senior roles, including in global sales and regional expansion in the Asia-Pacific (APAC) region.

Spreedly Announces New Board Member, Go-to-Market Leader, Ashley Hansen Grech

Spreedly, the provider of the leading Payment Orchestration platform, announced it has added digital commerce, payments, and industry leader Ashley Hansen Grech to its Board of Directors. Grech is currently COO at Recharge after spending nearly five years at Square, Inc. (now Block, Inc), where she was Global Head of Sales. Ashley is a go-to-market advisor with 20 years of experience in the payments and financial services space.

Prytek Appoints Noga Knaz as CEO of its Venture Capital Arm, Prytek Ventures

Prytek, a multinational technology group with a focus on building and investing in technologies and delivering managed services, announces that it has appointed Noga Knaz as its CEO of Prytek Ventures to provide the Corporate Venture Capital (CVC) arm with more management attention and concentrate on early-stage fintech startups. As part of her role, Noga will be responsible for Prytek’s investment activities in early-stage companies that work with or contribute to the technology and services sectors of mature companies in the Group.

DPO Group CEO Eran Feinstein Announces His Retirement After Successful Transition Period

DPO Group (DPO) co-founder and CEO Eran Feinstein have announced his retirement after helping to build the company from scratch to become one of Africa’s leading payment providers. Last year, Feinstein, alongside co-founder Offer Gat, successfully managed DPO’s sale to Network International, a globally renowned enabler of digital commerce across the Middle East and Africa.