Jack Henry Recognized for Lending Innovation in FinTech Breakthrough Awards Program
- 3 years 3 months ago
- Lending
Jack Henry™, today announced that its LoanVantage solution has been selected as the winner of the "Best Loan Origination Platform" award in the 7th annual FinTech Breakthrough Awards program.
UK Consumers Embrace Alternative Payment Methods as Costs Bite: Worldpay from FIS 2023 Global Payments Report
- 3 years 3 months ago
- Payments
UK consumers are embracing alternative payment offerings including digital wallets as they look to better manage their finances amidst the cost of living crisis, according to a new report released today from global financial technology leader FIS®.
Nucleus365 Release Bulk Uploads Feature for Merchants
- 3 years 3 months ago
- Payments
Nucleus365, a UK-based payment institution offering a centralised platform for global payment processing, FX, and connected banking, has today announced the availability of a new bulk uploads feature that will enable all of its global merchants to make large volume payments to businesses or individuals through one efficient online form.
Ria Money Transfer to Sponsor FC Internazionale Milano
- 3 years 3 months ago
- Money Transfers
Ria Money Transfer, a global leader in the cross-border money transfer industry and business segment of Euronet (NASDAQ: EEFT), today announced an agreement to become an official sponsor of the Italian football club FC Internazionale Milano through the 2024 season.
Kredivo Holdings, the Leading Southeast Asian Digital Financial Services Platform, Closes ~US$270m Series D Equity Round
- 3 years 3 months ago
- Fundraising News
Kredivo Holdings (formerly known as FinAccel), the parent company of Kredivo and Krom Bank Indonesia, today announced that it has raised ~US$270 million in equity financing in a significantly oversubscribed round, bringing its Series D fundraise to a successful close. This round was led by Japanese global bank Mizuho Bank, Ltd., a subsidiary of Mizuho Financial Group, Inc.
Rain Instant Pay Closes Historic Funding
- 3 years 3 months ago
- Fundraising News
Rain, a provider of financial wellness products that empower and engage employees, announced today that it raised $116 million, encompassing $66 million in equity and $50M in debt. QED Investors and Invus Opportunities led the Series A with participation from firms including WndrCo, Tribe Capital, and Dreamers VC, which was co-founded by Will Smith. The debt facility was arranged by Sound Point Capital Management, LP.
Hexaware and Xceptor Partner to Offer Innovative Data Automation Solutions for Banking and Financial Services
- 3 years 3 months ago
- Data
Hexaware Technologies, a global IT services company, and Xceptor, a leading data automation platform provider, have launched a new Center of Excellence and Solution factory in Pune, India. The partnership combines Hexaware's banking & financial services expertise and technical delivery capabilities with Xceptor's best-in-class platform for automating data workflows to offer innovative data automation solutions worldwide for banking and...
Plend Chooses GoCardless for Variable Recurring Payments
- 3 years 3 months ago
- Payments
Ethical lender Plend has selected GoCardless, a global leader in direct bank payments, to provide Variable Recurring Payments (VRPs) through GoCardless’ Instant Bank Pay feature.
Coinmama Partners with Volt to Enable Real-time Payments for Crypto in Europe
- 3 years 3 months ago
- Cryptocurrencies
Cryptocurrency exchange platform Coinmama has partnered with Volt, the leading global gateway for real-time payments, to enable open banking payments for its customers across Europe and Brazil. The partnership unlocks growth for Coinmama as it increases its coverage in key European markets, enabling real-time deposits and payouts for customers buying and selling cryptocurrencies.
SHAZAM Chooses Iliad Solutions for Payments Testing
- 3 years 3 months ago
- Payments
SHAZAM, the member-owned debit network, processor and core provider supporting community banks and credit unions across the USA, has chosen Iliad Solutions as its payments testing supplier. Iliad Solutions’ products and services, used by leading financial institutions around the globe, help to minimize the risk when deploying new payments technology, reducing the costs associated with testing and improving the speed of launching new systems.
Finaro, Mastercard, Northmill, and NMI Partner to Pioneer first Cloud Commerce Deployment in Europe
- 3 years 3 months ago
- Cloud
Finaro, the global cross-border payment provider and fully licensed bank, has today announced its European Cloud Commerce deployment with payments technology company
German Payment Company Unzer Launches New "Buy Now Pay Later" Product
- 3 years 3 months ago
- Payments
Unzer, a company offering payment and commerce solutions, today launched its new buy now, pay later (BNPL) product. Under the name "upaylater", Unzer is integrating invoice and instalment payment methods, as well as direct debit into its product portfolio via a single interface. This makes it even easier for merchants to meet customers' growing demand for BNPL services. In the future, Unzer looks forward to expanding its market share in BNPL...
HeavyFinance Closes 3 Million Euro Seed Funding Round
- 3 years 3 months ago
- Fundraising News
HeavyFinance, a climate tech investment marketplace for the agricultural industry, has successfully raised €3 million during its seed funding round, led by VC firm Practica Capital. HeavyFinance is a European Fintech tackling the climate crisis, providing financing and loan schemes for companies in the sustainable agriculture sphere, with the goal of removing 1 gigaton of CO2 emissions by 2050.
AMLYZE Strengthens its Team Further with Ex-regulators
- 3 years 3 months ago
- RegTech
AMLYZE, a fast-developing RegTech startup that helps fintechs, crypto businesses, banks, and other regulated entities to fight against financial crime, is strengthening its team with anti-money laundering expert Eglė Kontautaitė, former Head of the Money Laundering Prevention Division at the Bank of Lithuania.
Mangopay Announces the Acquisition of Payment Orchestration Fintech WhenThen to Boost its Pay-in capabilities
- 3 years 3 months ago
- Payments
Mangopay the platform-specific payment infrastructure provider, announces the acquisition of WhenThen, a Dublin-based payments technology company, which powers payment acceptance and automates payment operations for online businesses worldwide.
