British Business Bank Commits £40 Million to Frontier Development Capital’s Evolution Fund
- 2 days 9 hours ago
- Infrastructure
The British Business Bank has committed £40m to Frontier Development Capital’s (FDC) new £81.5m Evolution Fund to support the growth of smaller businesses in the Midlands and the North of England. The fund is also backed by a £40m commitment from West Midlands Pension Fund (WMPF).
Cytora and Aisix Solutions Partner to Strengthen Insurers’ Capabilities in Managing Wildfire Risk
- 4 days 9 hours ago
- Infrastructure
Cytora, the digital risk processing platform, has partnered with AISIX Solutions, a provider of wildfire climate data, to incorporate cutting-edge wildfire data into the Cytora platform.
ESTO Group Surpasses €75 Million in Loan Portfolio, Reports Record Q1 2025 Financial Results
- 4 days 13 hours ago
- Infrastructure
ESTO Group, the leading Estonian non-bank consumer credit provider, today announced its strongest quarterly performance to date, surpassing EUR 75mln in gross loan portfolio and setting new records across all core financial metrics for the first quarter of 2025. Key Financial Highlights: - Net Income more than doubled from EUR 1.1mln in Q1 2024 to EUR 2.31mln in Q1 2025, up +114% year-over-year (YoY).
Embedded Financing Boosts SMB Growth by Up to 50%, YouLend Data Reveals
- 5 days 9 hours ago
- Infrastructure
New data from global embedded finance leader YouLend reveals that small and medium-sized businesses (SMBs) that received financing through its e-commerce, payments and technology partners grew sales by up to 25-50%, on average, in the six months following funding. With over 300,000 businesses funded worldwide, YouLend demonstrates how fast, flexible capital can be a powerful driver of growth for entrepreneurs.
Moniepoint Ranked Among Africa’s Fastest-Growing Companies for Third Consecutive Year by Financial Times
- 5 days 12 hours ago
- Infrastructure
Moniepoint Inc., announces it has been ranked by the Financial Times as one of Africa’s fastest-growing companies for the third consecutive year, reinforcing its rapid growth as one of the continent's leading financial institutions for Africans, everywhere.
LuLu Financial Holdings Partners with ABHI to Advance Financial Inclusion and Cross-Border Remittance Solutions
- 1 week 1 day ago
- Infrastructure
LuLu Financial Holdings, a leading global financial services conglomerate, has partnered with Abhi Middle East Limited to enhance financial inclusion and improve access to timely remittance solutions. As part of the partnership, workers in the UAE will be able to access their earned wages instantly and remit funds to their families back home through LuLu Exchange — without having to wait for payday.
Government Goes Further and Faster to Boost Capital Markets by Delivering PISCES
- 1 week 2 days ago
- Infrastructure
Capital markets are set to be boosted, as part of this government’s Plan for Change as we deliver legislation for PISCES, a new type of stock market which will give investors the chance to get in on the ground floor of some of the most exciting companies around, so supporting those businesses to grow.
Brex Receives Bond Rating Upgrade to AAA from Kroll Bond Rating Agency, Achieving Highest Possible Rating
- 1 week 2 days ago
- Infrastructure
Brex, the modern finance platform for growing businesses from startups to enterprises, today announced that its senior bond has been upgraded from AA to AAA by Kroll Bond Rating Agency (KBRA)—the highest possible rating.
Viamericas Expands Global Presence with New Office in the Philippines
- 1 week 2 days ago
- Infrastructure
Viamericas, a leading provider of remittance and international money transfer services, has been named among the Top 100 Cross-Border Payments Companies for 2025 by FXC Intelligence, which highlights the most influential players in the cross-border payments industry. This marks the third consecutive year that Viamericas has been included in the prestigious Top 100 list, reflecting the company's commitment to driving financial inclusion and... more
New Global Digital Economy Trust Index Published
- 1 week 3 days ago
- Infrastructure
Today Checkout.com, a leading global digital payments company, launches the inaugural Digital Economy Trust Index, which measures consumer confidence in digital platforms and ranks 16 countries based on security, transparency and user experience in the digital economy.
BofA to Open 150 Financial Centers by 2027, Investing Over $5 Billion in Its Network Since 2016
- 1 week 3 days ago
- Infrastructure
Bank of America will open more than 150 new financial centers across 60 markets by the end of 2027, including 40 this year and an additional 70 in 2026. Since 2016, Bank of America has invested over $5 billion in its financial centers network, opening new locations and renovating existing centers.
TSB Helps Boost Personal Safety of Abuse Survivors with Hollie Guard Extra Support
- 1 week 3 days ago
- Infrastructure
From today, TSB will offer customers who are fleeing or experiencing abuse, free access to Hollie Guard Extra for a year1 – simply by downloading the app and using a unique activation code. Those wishing to claim can discuss their situation in branch, over the phone or via video banking.
Gnosis Completes $15M Acquisition of Headquarters (HQ.xyz) to Accelerate Onchain Business Banking, Marking Expansion to Asia
- 1 week 3 days ago
- Infrastructure
Gnosis has acquired Headquarters (HQ.xyz), the leading onchain business account platform, in a strategic move to accelerate its Gnosis 3.0 roadmap. The deal includes an initial investment of up to USD 8.95 million from the GnosisDAO treasury, approved through a DAO vote in January. In parallel, Gnosis Ltd.
NeoXam Expands Australian Presence With New Office in Melbourne
- 1 week 4 days ago
- Infrastructure
NeoXam, a global leader in Data Management, Performance Analytics, Portfolio Management, Reporting, and Reconciliation Software Solutions, has announced the opening of its new office in Melbourne, Australia. This strategic move underscores NeoXam’s continued commitment to supporting its growing client base in the Asia-Pacific region, enabling the company to serve clients around-the-clock globally.
Finastra Spotlights the Future of Innovative, Frictionless Banking at Dubai Fintech Summit
- 1 week 4 days ago
- Infrastructure
On day one of Dubai Fintech Summit, Finastra, a global provider of financial software applications, discussed how advanced banking technology is driving personalized, innovative and seamless financial services. Siobhan Byron, EVP, Universal Banking at Finastra, joined industry leaders for a panel: “Era of Frictionless Connectivity: The Rise of Digital Banking”.