re:cap Raises Series A Funding Round of USD 14.6M
- 8 months 1 week ago
- Fundraising News
Financing and data insights company re:cap today announced its Series A funding round of USD 14.6m and the release of its proprietary software as a service (SaaS) platform. The funding round was led by Entrée Capital and included participation from further existing shareholders Felix Capital and Project A, following 24 months of rapid growth for re:cap.
DDC Investor Summit Europe 2024 Prague: Converging Industry Leaders to Explore Cutting-Edge Developments in Alternative Investments
- 8 months 1 week ago
- FinTech StartUps
The DDC Investor Summit Europe 2024, taking place at the five-star hotel NH Collection Prague Carlo IV on September 26, 2024, is set to become the premier gathering of key leaders and professionals in the forefront of alternative markets, LP allocation, distressed investing, co-lending, portfolio diversification, and specialty finance sectors of the market. This event promises to be a major convergence of industry executives, impactful...
Bank of England Unveils King Charles III Banknotes
- 8 months 1 week ago
- Infrastructure
Banknotes bearing King Charles III's portrait will debut on June 5, 2024. They'll retain the current designs of all denominations (£5, £10, £20, and £50), with no alterations except for the addition of the new portrait.
iPiD Closes Oversubscribed USD 5.3 Million Pre-Series A Round
- 8 months 1 week ago
- Fundraising News
iPiD (International Payment Identity), a pioneer in global fintech, announced it has secured USD 5.3 million in a Pre Series A funding round today. This oversubscribed round was led by early stage tech-focused venture capital firm, Monk’s Hill Ventures. They are joined by global fintech venture funds QED Investors and Quona Capital, alongside existing partners Jungle Ventures, 1982 Ventures, Saison Capital and Resolution Ventures.
Rapid Finance Enhances Lynx Platform with Cloud-Based Rules Engine to Enhance SMB Lending
- 8 months 1 week ago
- Infrastructure
Rapid Finance, a leading small business banking platform specializing in providing customized financing solutions, announced today the availability of its cloud-based rules engine as part of its recently enhanced, award-winning AI fraud detection platform, Lynx.
Sumsub Joins Mastercard Engage Partner Program to Enhance User Verification and Fraud Prevention
- 8 months 1 week ago
- Digital Identity, Fraud Detection
Sumsub, a global full-cycle verification platform, has joined the Mastercard Engage Partner Program as a technological partner focused on Digital First solutions. Sumsub will provide its full suite of verification and anti-fraud solutions to secure customers’ onboarding and ongoing compliance journey.
Remote and Nium Join Forces to Power Global Workforces with Real-time Cross-border Payments
- 8 months 1 week ago
- Payments
Remote, the leading global HR platform for distributed companies, has selected Nium, the global leader in real-time cross-border payments, to enhance its international payroll capabilities.
Nium Raises US$50 Million in Series E Round to Expand Real-Time Payments Global Infrastructure
- 8 months 1 week ago
- Fundraising News
Malta’s Leading eWallet Provider, FIL, Selects Temenos to Scale Payment and Alternative Banking Services
- 8 months 1 week ago
- Banking
Temenos today announced that Finance Incorporated Limited (FIL), the Maltese Electronic Money Institution (EMI) behind the popular Paymix Pro business account, iPaymix eWallet app, and Paymix SoftPOS, has selected Temenos to modernize its digital and core banking capabilities.
London-Based Meniga Partners with Handelsbanken in Norway to Amplify Digital Banking Experience
- 8 months 1 week ago
- Digital banking
Meniga, a leader and pioneer in Personal Finance Management solutions, today announces a partnership with Swedish bank Handelsbanken to enrich its customer engagement in Norway with personalised financial insights. This partnership underscores Handelsbanken's commitment to driving innovation and redefining the customer experience in the digital age.
Viva.com Partners with Belgian Beobank, Expanding Its European Synergies as an Acquirer Partner of Choice
- 8 months 1 week ago
- Payments
Viva.com, Europe’s first acquirer powering payments across 24 countries and any device, and Beobank, a Belgian bank offering personalised products and services to 765 000 individual clients, self-employed individuals, and SMEs in Belgium, announced today a strategic partnership aiming to advance local SMEs’ digital evolution and business growth.
Robust Financial Regulations Are Key for Facilitating Growth with Instant Payment Providers, Says Xpate
- 8 months 1 week ago
- Payments
New regulations from the European Council this year have been introduced to support instant payments for consumers and businesses alike across the European Union (EU) and European Economy Area (EEA). The development comes after payment and financial crime service provider RedCompass Labs highlighted that banks and payment services alike will soon be implementing the technology required to facilitate regulation with an ambitious timeline.
Sipay Raises $15 Million Series A to Accelerate Expansion
- 8 months 1 week ago
- Fundraising News
Sipay, the leading fintech offering offline and online payment services, wallet services, and additional financial products via its modular platform, has raised a $15 million Series A round to support its product innovation and expansion both locally and internationally into new markets. The round was led by Anfa, a global investment firm known for its concentrated, long-term partnerships with exceptional entrepreneurs.
From G's and Ps to Interest and APR, Remitly Reveals the Most Confusing Financial Phrases, Potentially Costing Brits an Estimated £26 Billion During Their Lifetime
- 8 months 1 week ago
- Personal Finance
Navigating complex money terms and phrases commonly used in the UK can sometimes feel like decoding a secret language, and when it comes to avoiding money mistakes, checking a dictionary is just as valuable as checking your maths, as new research reveals that being caught out by confusing financial terms has potentially cost people in the UK an estimated £26 billion during their lifetime.
payabl. Expands LatAm Coverage with Major Payment Methods
- 8 months 1 week ago
- Payments
payabl., one of Europe’s leading PayTech companies, today announced the integration of four major local payment methods in Latin America – PIX, Boleto, OXXO and SPEI – to its portfolio of local payment methods, significantly enhancing coverage across the region. This move underscores payabl.’s mission to help merchants worldwide supercharge their business growth with easy-to-access, localised payments solutions.
