Partnerships 

Union Credit, TransUnion Partner to Provide Consumers with Embedded e-Commerce Options from Credit Unions

Union Credit, a marketplace for credit unions to make firm, one-click credit offers at the point of purchase, announced a partnership with TransUnion (NYSE: TRU) to better serve the evolving credit needs of consumers. Union Credit is a fintech startup with a mission to help credit unions acquire new, credit-worthy members from outside their ecosystems. Partnering with TransUnion enables lenders in the Union Credit marketplace to deliver consumers convenient, transparent financing in their everyday retail and financial experiences.

Clausematch Partners with Várri Consultancy to Provide Compliance Automation Technology to SMEs in the Middle East

Clausematch, a technology company developing solutions for regulatory compliance, announced it has signed an agreement with Várri Consultancy, an independent management consulting boutique specialising in strategy, risk and governance advisory. This is the first collaboration with a business in the Middle East for Clausematch. Várri Consultancy, led by Johnny Kollin, proactively advises organisations in times of fundamental societal changes.

AMLYZE and Skaleet in a Partnership to Bolster FinCrime Prevention to the New Level Among Financial Institutions

AMLYZE, a fast-developing RegTech startup that helps fintechs, banks, crypto businesses and other regulated entities fight financial crime and avoid painful regulatory fines, and Skaleet, an international fintech offering a next-generation Core Banking Platform (CBP), have established a new partnership. This will enable the perfect integration of Skaleet's CBP and AMLYZE anti-money laundering (AML) tool, which includes transaction monitoring and screening, risk scoring, and case management.

Advanced Markets Announces Integration with VertexFX Platform

Advanced Markets, a leading provider of institutional-grade foreign exchange (FX) liquidity, technology and credit solutions, has announced its integration with VertexFX, an award-winning trading solution for global markets. The integration of Advanced Markets' liquidity into the VertexFX platform will allow users to access competitive pricing, fast trade execution and deep liquidity, on over 60 currency pairs, through our Direct Market Access (DMA).

BNP Paribas Extends Partnership with Worldline to Reduce SEPA Direct Debit Fraud

BNP Paribas Cash Management has selected Worldline, a global leader in payments services, to reduce fraud in SEPA Direct Debit transactions. BNP Paribas has implemented Worldline’s solution, which combines the electronic signature of SEPA mandates with Open Banking-based account validation, in Germany, Italy and France, with additional countries to follow in a few months. SEPA Direct Debit (SDD) is an automated payment method used to pay one-off or recurring invoices in the Single Euro Payments Area via a signed mandate.

Finastra and Anapaya Partner to Raise the Standards for Digital Transaction Security

Anapaya announced its partnership with Finastra, a global provider of financial software applications and marketplaces, to provide Swiss banks with access to the Secure Swiss Finance Network (SSFN). By adopting Anapaya’s Scalability, Control, and Isolation on Next-generation Networks (SCION) solution, Finastra’s Swiss Service Bureau customers will be able to benefit from a more resilient and secure data communication network by using the same networking technology as the SSFN.

iDenfy Joins Forces with Dialics to Enhance Security with Identity Verification

iDenfy, a global RegTech startup offering ID verification, compliance, and fraud prevention tools, announcedpartnering with Dialics, a PPC tracking and real-time marketing analytics software. iDenfy’s full-stack identity verification solution will help speed up the sign-up and verification process for Dialics customers. Dialics partnered with iDenfy to simplify registering new customers, all while complying with strict regulations and maintaining top-notch security measures to protect its customers.

Delta Capita Partners with Aveni to Power its Consumer Duty Offering

Delta Capita, a leading global capital markets consulting, managed services and technology provider, announces that it has partnered with Aveni, an award-winning RegTech company, to advance its Consumer Duty offering by providing their clients with access to Aveni’s cutting-edge AI technology solutions. Delta Capita currently offers tailored Consumer Duty consulting services, including readiness health checks, vulnerability policy and framework development, advice on how to accelerate implementation processes and training.

Copper Partners with OKX and Expands ClearLoop Integrations to Bolster Digital Asset Market Coverage for Institutions

Copper.co, a leading institutional digital asset custody provider, has partnered with OKX, the world’s second-largest crypto exchange by trading volume and a leading Web3 technology company, to bring off-exchange settlements to institutional customers using Copper's ClearLoop technology. The ClearLoop integration with OKX enables the institutional users of both companies to keep assets within Copper's infrastructure while simultaneously delegating those assets to trade on OKX.

Lloyds Bank And Enigio Launch New Trade Digitisation Partnership

Lloyds Bank and Enigio have launched a new long-term partnership to support greater use of digital documentation in trade finance through the use of blockchain technology. Through the partnership, Lloyds Bank and Enigio will look to widen the application of Enigio’s trace:original solution for digital original documents including promissory notes, bills of exchange and bills of lading. It will also explore opportunities to feature trace:original documents within wider trade finance products, such as documentary collections and credits.

Volante Technologies and HCLTech Join Forces to Accelerate Cloud Payments Modernization for Financial Institutions

Volante Technologies, the leading global provider of cloud payments and financial messaging solutions, announced a strategic alliance with HCLTech, a leading global technology company. Together, the companies will drive payments modernization to help financial institutions keep up with the fast-paced digital disruption taking place across the industry. HCLTech will combine its digital and engineering services capabilities with Volante’s cloud-native payments solutions and low-code financial platform.

valantic FSA Partners with dwpbank on Digital Assets Platform Launch

Deutsche WertpapierService Bank AG (dwpbank), Germany's leading provider of securities services, has successfully launched the “wpNex” platform for digital assets and conducted pilot transactions with crypto assets for retail customers.  The platform was developed with valantic FSA providing the underlying automation and integration technology. The launch of “wpNex” enables 1200 banks and savings banks in Germany to develop opportunities to trade digital assets for themselves and their customers. 

Central Bank of UAE (CBUAE) Selects R3, G42 Cloud and Clifford Chance to Assist in Implementing its CBDC Strategy

The Central Bank of the UAE (CBUAE) has launched its Central Bank Digital Currency (CBDC) Implementation Strategy in collaboration with R3, G42 Cloud and Clifford Chance. For Phase 1, R3 and G42 Cloud have been selected as the technology and infrastructure providers of the initiative respectively, while Clifford Chance will provide critical legal oversight for the strategy. 

UBS Executes First Cross-Border Intraday Repo Trade on Broadridge Distributed Ledger Repo Platform

Global Fintech leader Broadridge Financial Solutions, Inc., announced that UBS and a global Asian bank have successfully executed the first cross-border intraday repo transaction on Broadridge’s blockchain-enabled Distributed Ledger Repo (DLR) platform. This ground-breaking intraday trade marks the launch of the next phase in the rollout of Broadridge’s DLR platform. Continuing to build on the initial success of the platform and leveraging the growing expansion of the network across the global repo community, is a major step forward to providing a more efficient means of intraday liquidity management.

Bluestone Motor Finance Partners with ID-Pal to Digitalise KYC and Accelerate Decision Process

Global identity verification provider ID-Pal today announced its partnership with award-winning Bluestone Motor Finance, specialists in providing motor lending solutions to drivers across Ireland since 2014. In recent years Bluestone has broken free from the traditional onboarding model and focused on building out channels and partners that enable digital transformation for their network of over 650 dealers across Ireland and offer robust compliance to meet their Anti-Money Laundering (AML) and Know your Customer (KYC) requirements.

Launches 

Arcesium Launches AquataTM, an Advanced Data Platform Purpose-Built for the Investments Industry

Arcesium, a leading global financial technology firm, announced the launch of AquataTM, a powerful out-of-the-box data platform. Aquata is engineered to empower various client types, including institutional asset managers, private markets investors, custodians, fund administrators, prime brokers, and hedge funds, to effortlessly access and manage their investment data. 

TransPecos Banks Taps Episode Six to Launch Extensive Credit Card Offering

TransPecos Banks has announced the launch of its extensive credit card offering in partnership with global payments and banking infrastructure provider Episode Six (E6). As a leader in the fintech sponsorship market, which is increasingly moving beyond deposit accounts and debit cards, TransPecos Banks identified “Card as a Service” (CaaS) as an untapped market that offers customers advantages through more innovative card solutions and rewards options.

Wolters Kluwer CCH Tagetik Launches Solution to Help Prepare for 2024 OECD Pillar Two Reporting Requirements

Wolters Kluwer, the Dutch technology company, has launched a new financial tech solution that it says will help multinational companies collect, align, calculate and report integrated finance and tax data in accordance with Organisation for Economic Co-operation and Development (OECD) Pillar Two tax requirements. The CCH Tagetik solution will also help CFOs better understand how Pillar Two regulations will impact their business model and operations.

GCEX Supercharges Its Technology Offering with New Proprietary Trading Platforms

GCEX, a leading prime brokerage in digital assets and FX, has released XplorDigital trading solutions, including two new best-in-class and intuitive trading platforms – XplorSpot and XplorTrader - to help brokers, fund managers, hedge funds and professional traders operate more efficiently. Institutional and professional clients will benefit from unparalleled access to digital assets through GCEX’s new proprietary crypto-native platform - XplorSpot.

Malta-based Finance Incorporated Limited Launches ThetaRay AI Transaction Monitoring Solution

Finance Incorporated Limited, a gateway provider of electronic money services, announced it has selected ThetaRay AI-powered transaction monitoring technology to further strengthen its AML framework and grow business alongside increasing volumes of transaction data. The agreement with ThetaRay to implement the SaaS-based SONAR AI solution will enable Finance Incorporated Limited to integrate multiple datasets for risk-based transaction monitoring and greatly enhance the accuracy of AML operations.

AMLYZE Launches New Version of Core Product to Help Customers Successfully Meet Increasing Regulatory Requirements

AMLYZE, a fast-developing RegTech that helps fintechs, crypto businesses, banks, and other regulated entities to fight against financial crime, has launched a new version of its core product dedicated to transaction monitoring, client risk-scoring and case management for successful AML-related processes. The first two customers have already successfully migrated to the new platform and the rest will be onboarded by the end of the second quarter of this year. 

Teya Launches for Small and Medium Businesses in Europe

Teya, a new business solutions provider offering a one-stop solution for small and medium businesses across Europe, has announced its launch. Formerly operating under the name SaltPay, Teya is on a mission to make sure that every business in Europe has the opportunity to thrive – no matter its size or where it’s based. Teya is creating a unified solution for payments, business management, and growth – with the aim to deliver simplicity and connectivity for SMBs when it comes to the software they use to power their businesses.

Merger & Acquisition

Navan Continues Rapid Global Expansion with Tripeur Acquisition

Navan, the all-in-one travel and expense management super app, announced its agreement to acquire Tripeur, a modern, travel management company serving the $35 billion travel market in India. The agreement marks the fifth acquisition for the Navan Group in two years, following purchases in the UK, Germany, Sweden, and Spain. Ranked as the world's seventh-largest business travel market with an anticipated annual growth rate of 9%, the historically manual region requires mobile-first technology to cater to the dynamic demands of Indian consumers. 

GoLogiq to Acquire APPLI, Global Provider of Mental Wellness Services for Organizations

GoLogiq, Inc., a U.S.-based global provider of fintech and consumer data analytics, has entered into a non-binding letter of intent to acquire Sydney-based Applied Positive Psychology Learning Institute (APPLI). APPLI is a global organization that helps people and organizations make positive and sustainable changes in mental health and well-being through a diverse range of products and services. 

Utimaco Acquires German Data Protection Specialist conpal and Drives Strategic Expansion of its Solution Portfolio

Utimaco, a leading global provider of IT security solutions, acquired conpal GmbH, a provider of IT security solutions for the protection of confidential data through encryption and authentication, on March 31, 2023. Utimaco was already selling conpal products before the acquisition, and with the integration that has now taken place, Utimaco can offer its customers a complete portfolio for IT security from a single source in the areas of data encryption, hardware security modules, key management and public key infrastructure (PKI) in highly regulated areas.

Acorns Acquires UK-based Fintech GoHenry

U.S.-based savings and investing startup Acorns has acquired London-based GoHenry, a startup focused on providing money management and financial education services to 6-18 year-olds in an all-equity deal, the two companies announced. The combined valuation of the company, as well as further financial terms, were not disclosed. When Acorns last raised funding, $300 million in March 2022, it was valued at $2 billion; GoHenry has not disclosed its valuation but was believed to be valued at between $250 million and $500 million in October 2022, when it raised $55 million.

Job Moves

Remitly Appoints Two New Members to its Board of Directors

Remitly Global, Inc. (“Remitly”), a leading digital financial services provider for immigrants and their families, announced the appointments of Phyllis Campbell and Ryno Blignaut to its Board of Directors. Campbell and Blignaut bring decades of leadership and advisory expertise to the Company. Campbell, a seasoned leader in financial services, was recently Chair of the PNW region at J.P. Morgan, previously serving as President and CEO of The Seattle Foundation.

Lyfeguard appoints ex-Director of Digital at British Airways Jack Smith to Advisory Board

Lyfeguard, a life planning assistant and document management platform, has appointed ex-Director of Digital at British Airways, Jack Smith, to its advisory board to help drive commercial growth and digital customer experience strategy. Smith, currently the CEO of IAG Loyalty Retail, the latest digital venture from owner of British Airways owner IAG, previously lead the growth of British Airways’ direct-to-consumer channels and the development of their digital experience, one of the UK’s largest online operations.

Token GmbH Announces the Appointment of Dr. Lea Maria Siering as Managing Director

Token GmbH, the leading open banking platform in Europe, announced the appointment of Dr. Lea Maria Siering as its new Managing Director (Geschäftsführerin). Lea will be responsible for driving Token GmbH’s growth strategy, leading its Berlin operations, and expanding its presence in the region. With more than 15 years of experience in the financial sector, Lea Siering brings a wealth of knowledge and expertise to Token.

Clearwater Analytics Promotes Scott Erickson to Chief Revenue Officer

Clearwater Analytics, a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, announced that Scott Erickson has been appointed as the Company’s first Chief Revenue Officer. He will now oversee Clearwater’s sales efforts in Europe, Asia, and the Americas. With an 18-year track record of driving Clearwater’s growth including roles in services, product strategy, and sales, Erickson will continue to lead the Company’s market share expansion, now across all regions.

HoJin Kim Joins WatchGuard as New SVP and Chief Revenue Officer

WatchGuard® Technologies, a global leader in unified cybersecurity, announced it has hired HoJin Kim as the company’s new senior vice president and chief revenue officer. In this role, HoJin will lead WatchGuard’s worldwide sales organisation and be responsible for driving revenue growth, scaling and expanding the global sales organization, and driving the adoption of WatchGuard’s Unified Security Platform framework within the MSP community.

Tarabut Gateway Appoints New COO - Chun Ong, Formerly Wise & BCG - to Lead on MENA Expansion

Tarabut Gateway, MENA’s leading regulated open banking platform, announces the appointment of Chun Ong as its new Chief Operating Officer. With extensive experience in consulting, legal, operations, and business development, Chun is a seasoned C-suite leader with expertise in helping businesses scale. Chun's experience in focusing on the end-to-end customer experience and operational efficiency will be invaluable in his new role at Tarabut Gateway, where he will lead the company's operations as it continues to expand across multiple jurisdictions.

Agent IQ Taps Fintech Veteran Ruthann Paulin Glyman as EVP, Head of Partnerships and Strategic Alliances

Agent IQ, a provider of digital customer engagement solutions specializing in making financial services more personal again, announced the appointment of Ruthann Paulin Glyman as the company’s Executive Vice President, Head of Partnerships and Strategic Alliances. In this role, Glyman will establish new, and nurture existing, partnerships and activate these relationships to maximize the company’s presence across the industry to grow its network of channel partners at-scale.

Eventus Appoints Jonathan Dixon as Director of Regulatory Affairs for EMEA

Eventus, a global provider of multi-asset class trade surveillance and market risk solutions, has appointed Jonathan Dixon as Director of Regulatory Affairs for EMEA, where he will work closely with clients and industry bodies to champion regulatory effectiveness to protect them from market malfeasance. Dixon brings more than 18 years of experience in financial services firms and more than nine years of experience in trade surveillance to Eventus. 

VikingCloud Welcomes Jim Burke as New CEO

VikingCloud, a leading provider of cybersecurity and compliance solutions, announces the appointment of Jim Burke as chief executive officer and member of the VikingCloud board to drive the company’s next phase of growth. Robert McCullen will continue as board chairman and play an active role in the company. Mr. Burke brings more than two decades of experience leading and scaling global software and technology-enabled companies and has a proven track record of driving sustained growth.

IG Group Hires Adam Wheelwright As New Chief Technology Officer

IG Group, a purpose-led, global fintech, announces it has appointed Adam Wheelwright as Chief Technology Officer (CTO) to drive its innovation agenda. Adam will be based in the company’s London headquarters and joins on 17 April 2023. Adam has extensive experience in designing and delivering complex, transformational technology projects across financial services and large organisations, and has led teams across the US, Europe, and Asia. Prior to joining IG Group, Adam was the Chief Information Officer of the UK Health Security Agency and a member of the Executive Committee for NHS Test and Trace since 2021.

Fintech Start-up Leaf Round Appoints Ramalingam Subramanian as its CMO

Leaf Round, a leading marketplace for exclusive, high-yield, fixed-income opportunities, has announced the appointment of Ramalingam Subramanian as its Chief Marketing Officer to help the company as it scales up its operations. Prior to joining Leaf Round, Ramalingam had played a pivotal role for three years as Head of Marketing in developing the brand CoinDCX as it went on to become India’s first Crypto Unicorn. Ramalingam also founded Prarambhan Creative Works, a brand and marketing agency with offices across the country.  

Philippe Morel Joins Railsr As CEO

Railsr, the embedded finance platform, announced the appointment of Philippe Morel as Chief Executive Officer, Debbie Lotz as Chief Financial Officer and Nick Charteris as Chief Operating Officer. Philippe will report directly to Rick Haythornthwaite, Chair of the Board. Philippe Morel was the CEO of SETL for four years, until its acquisition in early 2023. Prior to SETL, he was Global Head of Boston Consulting Group’s Capital Markets Practice, EMEA Leader for BCG Private Equity and Principal Investors Practice, and Chairman of the Board of Expand.

Gatehouse Bank Appoints New Non-Executive Director

Gatehouse Bank has appointed Lesley Beecher as a Non-Executive Director of the Bank. Lesley has over 30 years’ experience in the financial services industry, including board-level roles at HSBC, First Direct, Harpenden Building Society and Cornerstone Mutual Services. As a technology specialist, she has extensive executive experience in delivering large change programmes and leading teams of up to 1,000 technology professionals, making her highly skilled in digital, technology, delivery and people leadership.