Mesh Announces Strategic Investment From QuantumLight, Revolut Founder Nik Storonsky's VC Firm, Tripling Its Series A Valuation
- 4 months 3 weeks ago
- Fundraising News
Mesh, the modern connectivity layer for crypto that makes payments and deposits seamless, today announced a new investment by QuantumLight, the innovative venture capital firm founded by Nik Storonsky, the CEO and founder of global financial superapp Revolut, which recently reached 45 million users in June 2024, establishing itself as one of the leading tech companies across the globe.
Gift Card Leader Raise Brings Crypto Payments to Mainstream Retail
- 4 months 3 weeks ago
- Cryptocurrencies
Raise, a leading payments provider and innovator in the global gift card industry, today announced the acceptance of crypto as a form of payment in the Raise App. In support of its mission to integrate cryptocurrency into everyday commerce through gift cards, over six million Raise App users can now shop using digital currencies at over one million in-store and online retailers.
Allpay Strengthens Leadership Team With Matt Marskell as Sales and Marketing Director
- 4 months 3 weeks ago
- People Moves
allpay, a leading payment services provider in the UK, is delighted to announce the appointment of Matt Marskell as Sales and Marketing Director (Non-Board) to its leadership team.
Nomentia Among the First Treasury Management Solution Vendors to Provide Business Connect From SWIFT
- 4 months 3 weeks ago
- Treasury
Nomentia, a European leader in treasury and cash management solutions, is becoming one of the first vendors to provide Swift's Business Connect service to its current and future clients. This service empowers Nomentia clients with seamless Swift connectivity, supported by Nomentia's dedicated and comprehensive onboarding process.
Diebold Nixdorf First ATM Solution Provider to Support Microsoft® Windows 11®
- 4 months 3 weeks ago
- ATMs
Diebold Nixdorf, a world leader in transforming the way people bank and shop, announced today that it is the first ATM solution provider ready to support the Microsoft® Windows 11® IoT Enterprise LTSC 2024 operating system. This is the first long-term support channel version of Windows 11 IoT Enterprise Edition.
FIS Taps Scale and NYCE Debit Network to Enhance P2P Payments in Digital Banking
- 4 months 3 weeks ago
- Payments
FIS®, a global leader in financial technology, today announced that it is unlocking the Neural Payments solution to its clients, expanding the availability of peer-to-peer (P2P) payments by leveraging the company’s global scale and NYCE debit rails to bring this capability to a wider range of institutions.
Revolut Announces Secondary Share Sale to Provide Employee Liquidity
- 4 months 3 weeks ago
- Investment
Revolut, the global financial technology company with over 45 million customers worldwide, has signed agreements with a group of leading technology investors to provide liquidity to employees through a secondary share sale at a $45 billion valuation.
Syfe Raises USD 27 Million in New Funding Round, Announces Profitability in Singapore
- 4 months 3 weeks ago
- Fundraising News
Syfe, Asia’s leading saving and investment platform, today announced that it has closed a USD 27 million funding round, increasing its valuation and bringing total funds raised to USD 79 million.
Finzly Announces New Collaboration With Corpay Cross-Border to Deliver an Enhanced FX Offering for Financial Institutions
- 4 months 3 weeks ago
- Trading Systems
Finzly, Inc. ("Finzly"), a leader in innovative payment and financial solutions, today announced an agreement with Corpay, Inc. Cross-Border business, ( a global leader in corporate payments, to collaborate on a joint offering that brings together Finzly's FX payment platform and Corpay's real-time FX rates. This collaboration provides a unique offering to financial institutions and their business clients, enabling FX transaction capabilities...
CLARA Analytics Adds More Veteran Talent to Its Executive Team
- 4 months 3 weeks ago
- People Moves
CLARA Analytics, a leading provider of artificial intelligence (AI) technology for insurance claims optimization, today announced two pivotal executive hires. Robin Spaulding, CPCU, AIC, has joined CLARA as Chief Insurance Officer, and
Show Me the Money! Cashback and Value Credit Cards Grow in Popularity as Financial Health of Cardholders Declines, J.D. Power Finds
- 4 months 3 weeks ago
- Credit Cards
The points, miles and perks that have come to define the modern credit card marketing playbook are being replaced by cashback rewards and lower fee cards as cardholder financial health1 grows increasingly strained. According to the J.D. Power 2024 U.S. Credit Card Satisfaction Study,SM released today, only 46% of cardholders are now classified as financially healthy and 51% carry revolving debt on their cards.
Klarna Customers Can ‘Save Now, Pay Later’ With New Balance and Cashback Features
- 4 months 3 weeks ago
- Lending
Klarna, the AI-powered global payments network and shopping assistant, has launched two new products tapping into retail banks’ core business: everyday spending and saving. Launched in 12 countries across Europe and the US, this marks a significant step forward in Klarna’s mission to disrupt retail banking and become an every day spending partner to the world’s consumers.
Sionic Announces Fraud Protection Service Using Google Cloud AI Technology
- 4 months 3 weeks ago
- Fraud Detection
Sionic, a leading provider of real-time, Pay-by-Bank Commerce (PbBC) services, today announced the launch of its comprehensive fraud detection and mitigation service built exclusively for real-time, bank-to-bank payments at checkouts, whether online, mobile or in-store. Using Google Cloud’s Vertex AI platform, Sionic is able to help financial institutions and retailers detect fraud more effectively.
Zip Announces Strategic Partnership with Stripe in the U.S. to Accelerate Market Growth
- 4 months 3 weeks ago
- Infrastructure
Zip, a digital financial services company offering innovative, people-centered products, today announced its integration as a payment method for U.S. merchants using Stripe.
Amount Raises $30 Million in Equity Funding to Power Digital Lending Solutions for Credit Unions and Banks
- 4 months 3 weeks ago
- Fundraising News
Amount, a digital origination and decisioning SaaS platform powering consumer and small business deposit account opening and loan origination, today announced the successful close of a $30 million equity capital raise. The company will use the funds to further invest in its world-class technology and accelerate its progress in the credit union sector, building on Amount’s successful track record of helping financial institutions simplify and...
