Mercurity Fintech Secures $200 Million Strategic Investment From Solana Ventures To Accelerate Solana Treasury
- 1 week 3 days ago
- Fundraising News
Mercurity Fintech Holding Inc., a blockchain-powered fintech group, today announced it has entered into a $200 million Equity Line of Credit Agreement with Solana Ventures Ltd., to launch the Company’s Solana-based digital asset treasury strategy. This initiative positions MFH as a long-term institutional participant in the Solana ecosystem, expanding beyond fintech infrastructure into high-performance, on-chain treasury deployment and protocol...
Ethiopia Embraces Its First Domestic Credit Card—Powered By OpenWay And SanuPay
- 1 week 3 days ago
- Credit Cards
SanuPay, a rising card technology firm in East Africa, is partnering with OpenWay, a global provider of digital payment software, to introduce Ethiopia’s first domestic credit card. This rollout will signal a significant step in the country's shift toward formalised, digital financial infrastructure.
WealthArc Now Connects To Over 140 Custodian Banks Worldwide, Solving The Toughest Data Challenge In AI‑Driven Wealth And Asset Management
- 1 week 3 days ago
- Financial
WealthArc, the Swiss-born fintech revolutionizing wealth and asset management with AI-ready data infrastructure and intuitive portfolio management, announced today it has surpassed 140 integrated custodian bank new generation data feeds within its proprietary platform, the WealthArc Data Box.
Only 1.6 % of Firms Have ‘Fully Integrated’ AI Into Compliance Processes, International Compliance Association Report Finds
- 1 week 3 days ago
- Compliance
Only 1.6% of firms have ‘fully integrated’ AI into governance, risk and compliance (GRC) processes despite more than half (51%) viewing ‘advancements in AI and technology’ as the biggest driver for change in GRC over the next five years, according to a new report from the International Compliance Association (ICA), the leading professional body for the global regulatory and financial crime compliance community.
NatWest Launches £500 Million Loan Offering To Build Social Rent Housing In First‑To‑Market Move
- 1 week 3 days ago
- Lending
NatWest, the largest business bank in Great Britain, is today launching new lending of up to £500 million entirely ringfenced for the building of social rent housing across the UK. This is a first of its kind offering to the market that shows the bank’s commitment to supporting the sector.
MTN SA Completes First Transaction Leveraging J.P. Morgan’s Electronic Bill Of Exchange Offering
- 1 week 3 days ago
- E-Commerce
Mobile Technology Network South Africa (Pty) Ltd., a major mobile telecommunications provider, has successfully completed the first transaction using J.P. Morgan’s new Electronic Bill of Exchange (eBoE) offering – marking a pivotal step in the digitization of global trade finance. The transaction facilitated the shipment of goods from Asia to the United Kingdom (UK).
PensionBee Urges Action As Government Revives Pensions Commission To Tackle Looming Retirement Crisis
- 1 week 3 days ago
- Personal Finance
PensionBee, a leader in the consumer retirement market, has called on the Government to match words with action following today’s revival of the Pensions Commission.
Yubico Delivers Pin Advancements With New YubiKey 5 – Enhanced Pin Keys
- 1 week 3 days ago
- Security
To prepare for continuously evolving cyber threats, governments around the world are adapting and updating authentication requirements for online services which directly impact thousands of organisations and their employees. While there's currently no universal regulation for more robust multi-factor authentication (MFA), the need is highlighted across a range of requirements including PSD21, GDPR2, and the upcoming Cyber Resilience Act (CRA)3...
Zvilo Secures Expanded Credit Facility Of Up To €75 Million From Fasanara Capital To Power MSME Growth
- 1 week 3 days ago
- Fundraising News
Chetwood Bank Launches Competitive 3‑ and 6‑Month Fixed‑Rate Savings Accounts
- 1 week 3 days ago
- Banking
Chetwood Bank, the UK digital challenger bank, has expanded its range of Fixed Rate savings products with the launch of two new short-term accounts:
Payments Innovation Forum Announces 2025 Board Election Results
- 1 week 3 days ago
- Payments
The Payments Innovation Forum (PIF), the not-for-profit industry body dedicated to advancing innovation in payments, has announced the results of its 2025 Board elections. The newly elected Board will play a pivotal role in guiding PIF’s strategic direction and furthering its mission to foster innovation across the payments ecosystem.
Folio Raises $14M Series A To Transform Financial Operations At Hotels
- 1 week 3 days ago
- Fundraising News
Folio, the financial operations platform built for hospitality, announced a $14 million Series A today, led by Thrive Capital and Construct Capital, with participation from Redseed VC and SciFi VC.
Spiko Raises $22M Led By Index Ventures
- 1 week 3 days ago
- Fundraising News
Spiko, a fintech transforming the European cash management market through tokenized infrastructure, has today announced $22 million in Series A funding led by Index Ventures, with participation from White Star Capital, Frst, Rerail, Blockwall and Bpifrance’s Digital Venture Fund. The round was supported by notable angels, including Revolut co-founder Nikolay Storonsky, Kyriba founder Jean-Luc Robert, Bridge co-founder Zach Abrams, Wise CTO Harsh...
Citi And Ant International Pilot AI‑Enabled Forecasting Solution To Enhance FX Risk Management For Airline Customers
- 1 week 6 days ago
- Infrastructure
Citi and Ant International announced today that they are piloting the use of Ant International's Falcon Time-Series Transformer (TST) Model to deliver an enhanced FX risk management solution for their customers.
Paychex And SoFi At Work Join Forces To Expand Financial Well‑Being Offerings
- 1 week 6 days ago
- Management
Paychex, Inc., an industry-leading human capital management (HCM) company, announced today a new partnership with SoFi, a one stop shop for digital finance solutions, to bring the financial well-being resources and solutions of SoFi at Work to users of Paychex Flex® Perks.