New Player StormPay Unveils Payment Offering for Businesses
- 3 years 9 months ago
- Payments
StormPay, a UK-headquartered fintech company which is building an ecosystem that combines financial and lifestyle services in one place, today announced it has signed a distributorship agreement with Safenetpay, an Electronic Money Institution (EMI) which is regulated by the Financial Conduct Authority (FCA).
Motive Partners Raises $2.5 Billion
- 3 years 9 months ago
- Fundraising News
Motive Partners ("Motive"), a leading specialized private equity firm focused on financial technology, today announced the successful final close of its second flagship fund, Motive Capital Fund 2 (the "Fund"), with total capital commitments of $2.54 billion for the Fund and its affiliated co-investment vehicles.
Carlo Purassanta Appointed Executive Vice President, Strategy and Corporate Development, at ION
- 3 years 9 months ago
- People Moves
ION, the largest global provider of trading, analytics, business information, and risk management solutions for capital markets, commodities, and treasury management has appointed Carlo Purassanta as Executive Vice President for Strategy and Corporate Development.
Libeo Opens Office in London as Part of UK Expansion
- 3 years 9 months ago
- Payments
Today Libeo, a fully integrated and automated business-to-business invoice management and payments platform, bridging the gap between invoice management, payments, reconciliation and accounting, announces the opening of its office in Hewett Street, Shoreditch - a vibrant area of East London in the heart of the SME community.
ABB and Red Hat Partner to Deliver Further Scalable Digital Solutions Across Industrial Edge and Hybrid Cloud
- 3 years 9 months ago
- Cloud
ABB and Red Hat today announced a global partnership to enable industries using ABB’s process automation and industrial software to scale rapidly and flexibly leveraging Red Hat’s industry-leading enterprise platforms and application services built on Red Hat Enterprise Linux.
Detected Introduces Frictionless Onboarding to the Payments Industry
- 3 years 9 months ago
- Payments
Today, Detected, announces the launch of its core product which has been built specifically to transform the onboarding process for the payments industry.
CASHe Appoints Veteran Banker and Former MD & CEO of Bank of Baroda P.S Jayakumar as Non-executive Director
- 3 years 9 months ago
- People Moves
CASHe, India’s preferred AI-driven financial wellness platform, today announced the appointment of Mr. P.S Jayakumar, the former Managing Director and Chief Executive Officer of Bank of Baroda, as a non-executive director with effect from July 5, 2022. The erstwhile chief of Bank of Baroda has been appointed to the board of Aeries Financial Technologies, the holding company of CASHe’s NBFC arm.
wefox Closes $400M Series D Round at $4.5B Post-money Valuation
- 3 years 9 months ago
- Fundraising News
wefox, the Berlin-based insurtech, has successfully closed a Series D funding round of $400m (comprising equity and debt) and increased its post-money valuation to US$4.5bn. Mubadala Investment Company led the equity raise with participation from Eurazeo, LGT, Horizons Ventures, OMERS Ventures and Target Global.
Fuell Closes €1.5M Investment Round
- 3 years 9 months ago
- Fundraising News
Madrid fintech Fuel reinvents B2B financial services through a corporate credit card that brings together equipment, means of payment and accounting for the first time.
Yapily and Soldo Partner to Simplify Spend Management for European Businesses
- 3 years 9 months ago
- Open Banking, Payments
Open banking platform Yapily has teamed up with spend management platform Soldo to create a simplified payments experience for businesses across Europe.
ING Spins out Pyctor Digital Assets Technology to GMEX Group
- 3 years 9 months ago
- Asset Management
ING announced today that it has spun out Pyctor to GMEX Group ("GMEX"), a leader in digital business and technology solutions for exchanges and post-trade market infrastructure.
MorganAsh Announces New Partnership with Infinian
- 3 years 9 months ago
- Data
MorganAsh, the specialist data supplier allowing firms in the financial services sector to manage consumer vulnerability and meet regulatory requirements, today announced a new partnership with Infiinian. Its new partner, Infinian, is a leading provider of lending insights and data analytics for the consumer finance sector.
The 2022 Fintech Power 50 Cohort Revealed
- 3 years 9 months ago
- IT Innovations
The Fintech Power 50, a list of the 40 most innovative companies and 10 visionary personalities shaping the financial services industry, has been revealed for 2022. The exclusive annual program acts as a hub for driving change and creativity in the financial services industry, helping the sector innovate and grow.
Moxo and Kasisto Partner To Strengthen Client Interactions In Financial Services
- 3 years 9 months ago
- Digital banking
Moxo, the industry's leading client interaction workflow solution, today announced a partnership with
How Recent Fintech Innovations are Well-suited to Serve SMEs
- 3 years 9 months ago
- Banking
Recent innovations in fintech are empowering startups and small and medium-sized enterprises to build better, more agile workflows that save time and money and enable them to focus on innovation and growth. These digital tools are well-suited to smaller businesses as they reduce the burden of numerous financial administrative tasks cost-effectively.
