NorthOne Announces $67 Million Series B Round
- 3 years 4 months ago
- Fundraising News
NorthOne today announced it has raised $67 million in Series B funding. With participation from new and existing investors, NorthOne is poised to further expand the reach of its business banking and financial management platform across all sectors of the small business community. NorthOne is a financial technology company, not a bank. Banking services are provided by The Bancorp Bank, N.A., Member FDIC.
UBCI Selects Profile Software’s Treasury Management Solution
- 3 years 4 months ago
- Treasury
Profile Software, a leading financial solutions provider, has announced today that UBCI (Union Bancaire pour le Commerce et I’Industrie) has selected Acumen.plus, the internationally implemented Treasury Management solution, to effectively cover the entire spectrum of treasury and streamline their operations in the most efficient way.
B2Broker Releases New Version of B2Trader With Support for Up to 100 Currency Pairs
- 3 years 4 months ago
- Trading Systems
The latest version of B2Trader, an ultra-fast matching engine designed for cryptocurrency exchanges, market makers, spot brokers, and MTF brokers, has been released, and we are excited to share the news with you. Following this update, the number of pairs that may be accommodated has been increased to 100, while the order book depth has remained at 100 × 100.
Forter Launches Smart Claims to Combat Chargeback Fraud and Increase Win Rates
- 3 years 4 months ago
- Security
Forter, the Trust Platform for digital commerce, today announced the launch of Smart Claims, a new product offering designed to help businesses manage chargebacks more effectively. By connecting order and claims data across different payment systems into a single, consolidated view, Smart Claims enables merchants to resolve chargeback disputes more intelligently and efficiently, improve win rates and recover lost revenue.
Remitly Makes Visa Direct Real-Time Payments Platform Available to Customers in Canada
- 3 years 4 months ago
- Payments
Remitly Global, Inc., a leading digital financial services provider for immigrants and their families, today announced the expansion of its relationship with Visa by making Visa Direct, Visa’s real-time push payments platform, available to Remitly customers in Canada.[1] According to the World Bank, more than $6.5 billion in personal remittances are s
Crypto Investment Platform Pillow Attracts $18M Funding Round to Accelerate Adoption of Crypto Services in Emerging Markets
- 3 years 4 months ago
- Fundraising News
Democratised access to digital assets is key to getting emerging market investors on a level playing field, giving them the opportunity to take control of their finances and battle the dual challenges of inflation and the rising costs of living. Helping them on this journey, crypto investments platform Pillow is creating simple, transparent, accessible products including crypto investing, crypto savings, crypto payments and other financial...
Mediobanca’s Credit Arm Compass Strengthens its BNPL Operations
- 3 years 4 months ago
- Banking
Compass, the Mediobanca Group’s consumer credit arm, has completed two deals in the Buy Now Pay Later (BNPL) segment. The rationale for the deals is to accelerate the bank’s growth in the deferred payment business using digital channels, which it has entered successfully with the launch of its PagoLight product.
Mercurity Fintech Holding Inc. Announces Appointment of New Directors to the Board
- 3 years 4 months ago
- People Moves
Mercurity Fintech Holding Inc., a digital fintech group powered by blockchain technology, today announced that its Board of Directors (the “Board”) has appointed Alan Curtis, Daniel Kelly Kennedy, Zheng Cui, Qian Sun and Hui Cheng as new directors of the Company effective as of October 9, 2022, among whom Alan Curtis, Zheng Cui and Hui Cheng are deemed independent under Nasdaq Rule 5605(a)(2).
Mastercard and Nclude Partner to Accelerate Egypt’s Fintech Ecosystem and Boost Financial Inclusion
- 3 years 4 months ago
- Investment
Mastercard has announced a strategic investment in Nclude, a fintech-focused VC investment platform launched in partnership with Egypt’s leading national banks - Banque Misr, National Bank of Egypt and Banque Du Caire - to further boost Egypt’s vibrant fintech ecosystem and support the country’s digital transformation journey. The partnership will deepen financial inclusion across Egypt by investing in promising early-and-growth-stage fintech...
B2B Payments Mondu Raises €20 Million Debt Financing Round from VVRB
- 3 years 4 months ago
- Fundraising News
B2B payments company Mondu has raised a €20m debt investment round from German bank Vereinigte Volksbank Raiffeisenbank. This is the first loan to Mondu, granted to a Luxembourg-based SPV and collateralized. This SPV-set-up allows Mondu to swiftly scale and diversify its refinancing with external investors - both German and International.
ComplyAdvantage Names Vatsa Narasimha As Chief Executive Officer
- 3 years 4 months ago
- People Moves
ComplyAdvantage, a global data technology company transforming financial crime detection, today announced that Vatsa Narasimha has been named as the company's new Chief Executive Officer (CEO), and Charles Delingpole, the company's founder and former CEO, will transition to become Executive C
Report Finds 80% Drop in Number of New Fintech Startups as a Period of Cooling and Consolidation Kicks In
- 3 years 4 months ago
- Investment
In its latest ‘State of European FinTech’ report, fintech venture capital firm Finch Capital forecasts a period of cooling and consolidation across the FinTech sector, as macroeconomic conditions grow more challenging. However, an abundance of undeployed Growth Capital is cause for optimism for Founders and Talent to make a soft landing.
Azentio Software Wins ‘Best Industry Cloud ERP Provider’ Award at the ICT Leadership Awards 2022
- 3 years 4 months ago
- Cloud
Azentio Software is delighted and proud to announce that it has been chosen as the winner of the ‘Best Industry Cloud ERP Provider’ award at the prestigious ICT Leadership Awards 2022, for its next-generation industry cloud enterprise resource planning solution - Azentio ONEERP.
Digitalisation and Artificial Intelligence: 5 Keys to Success
- 3 years 4 months ago
- Artificial Intelligence
Machine learning, language processing, robotics - the artificial intelligence toolbox offers a range of smart instruments that enable machines to act autonomously. The list of destinations in the digitalisation journey is almost limitless, making it crucial for financial institutions to have a clear and focused direction. This enables them to keep pace with the industry’s rapid changes.
BlueSnap Partners with BitPay to Offer Cryptocurrency Acceptance and Payout
- 3 years 4 months ago
- Payments
BlueSnap, a global payment orchestration platform of choice for leading B2B and B2C businesses, today announced a new partnership with BitPay, the world’s largest provider of Bitcoin and
