Ripple Announces $500 Million Strategic Investment Led by Fortress and Citadel Securities, Valuing the Company at $40 Billion Following Record Growth
- 8 months 2 weeks ago
- Fundraising News
Ripple, the leading financial technology company that offers crypto solutions for businesses, today announced a $500 million strategic investment at a $40 billion valuation from world-class institutional investors led by funds managed by affiliates of Fortress Investment Group, affiliates of Citadel Securities, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace.
Click to Pay Reduces Abandonment Rates for Ecommpay Merchants Across the UK and Europe
- 8 months 2 weeks ago
- Payments
Since rolling out Mastercard Click to Pay on its payment platform in July 2024, Ecommpay merchants have reported significant uplift in checkout conversions. Designed to simplify the guest checkout, Click to Pay leverages user recognition, network tokenization and global interoperable standards to provide consumers with a seamless and more secure checkout.
Robinhood and Sage Home Loans Team Up to Democratize Access to Homeownership
- 8 months 2 weeks ago
- Lending
Robinhood, the financial services platform on a mission to democratize finance for all, has fully rolled out a new mortgage offer for Robinhood Gold subscribers through an exclusive agreement with Sage Home Loans, a modern digital mortgage lender. Starting today, all eligible Robinhood Gold subscribers can access mortgage rates at least 0.75% below the national average, along with a $500 credit toward closing costs on new home purchases or...
PensionBee Partners with Adclear to Bring AI to Marketing Compliance
- 8 months 2 weeks ago
- Compliance
PensionBee, the leading online pension provider on a mission to build pension confidence, is partnering with financial promotions (FinProm) platform Adclear to empower teams to leverage the power of AI across UK and US marketing compliance. Having gone live with Adclear this autumn, PensionBee’s marketing team has already leveraged the platform to analyse over 1,000 pieces of content.
Major Banks Give Helping Hand to People Experiencing Homelessness as New Financial Inclusion Strategy Launches
- 8 months 2 weeks ago
- Banking
Thousands of people at risk of experiencing homelessness will be able to open bank accounts for the first time through a new pilot between Shelter and five major banks, which will allow Shelter to support people without a fixed address removing a major barrier which stops people being able to get paid work. Lloyds, NatWest, Barclays, Nationwide and Santander are expanding on Shelter’s partnership with HSBC, which has already helped over 7,000...
Lettuce Financial Secures $28 Million
- 8 months 2 weeks ago
- Fundraising News
Lettuce Financial, the fintech platform built for solopreneurs, today announced it has secured $28 million in new funding to accelerate the expansion of its AI-powered operating system, designed exclusively for growth-focused one-person businesses seeking the same advantages as larger companies. The company also announced the acquisition of benefits access startup Besolo, a move designed to add quality healthcare choices to Lettuce's suite of...
Expensify Launches First Hybrid “Contextual” AI Expense Agent
- 8 months 2 weeks ago
- Artificial Intelligence
Expensify, the easiest way to manage expenses, corporate cards, and travel, today announced the next evolution of Concierge, its embedded support system, now transformed into a full-service expense agent.
Worldline and Deliverect Expand Partnership to Power Smart Self-Ordering Kiosks Across the UK
- 8 months 3 weeks ago
- Payments
Worldline, a global leader in payment services, and Deliverect, the leading global food tech SaaS company, are expanding their collaboration to bring smart self-ordering kiosks to more hospitality businesses across the UK.
PPRO Enables Wero for CTS EVENTIM, Marking the Debut of the European-Born Digital Payment Solution in the Live Entertainment Sector
- 8 months 3 weeks ago
- Payments
PPRO, the leading local payments platform, has enabled Wero for CTS EVENTIM, Europe's largest ticketing provider.
ClearBank Selects AutoRek to Drive Real-Time Innovation in Financial Operations
- 8 months 3 weeks ago
- Financial
ClearBank, the enabler of real-time clearing and embedded banking, has selected AutoRek, the financial control platform trusted by leading global institutions, to deliver scalable reconciliation capabilities. As ClearBank’s transactions grew by 55% in 2024, AutoRek’s platform has enabled the organisation to transform its financial operations infrastructure, moving from time-consuming processes to rapid configuration of complex reconciliations...
AI Agents Set to Transform How Brits Shop – £29 Billion Predicted in Online Spend
- 8 months 3 weeks ago
- E-Commerce
As Brits prepare to hunt down Black Friday deals, new research from Worldpay®, a global leader in payment technology, shows that many are ready to let AI do the legwork. From finding the lowest prices to picking products that match your style, smart shopping agents could soon be helping us spend billions online – and it’s happening faster than you think.
GoHenry Celebrates the Government’s Decision to Make Financial Education Compulsory in Primary Schools – But Says ‘The Hard Work Starts Now’
- 8 months 3 weeks ago
- Personal Finance
GoHenry - the money app helping kids learn to earn, save, spend and invest - has welcomed the outcome of the Curriculum & Assessment Review, which today concluded that financial education should be made compulsory in primary schools in England as part of Citizenship.
RS2 Whitepaper Reveals How Banks Can Thrive in the New Era of Embedded B2B Finance
- 8 months 3 weeks ago
- Banking
Global payments processor and technology provider,
United Fintech Acquires 100% of Trade Ledger to Advance AI Innovation in Banking
- 8 months 3 weeks ago
- Artificial Intelligence
United Fintech, the digital transformation group for financial institutions, has acquired Trade Ledger, the pioneering technology company behind an AI-powered solution that automates commercial and business lending.
Visa and Transcard Collaborate to Deliver Advanced Embedded Working Capital Solutions in Freight & Logistics
- 8 months 3 weeks ago
- Infrastructure
Visa and Transcard today announced the launch of a next-generation embedded finance platform, designed to power payments and working capital solutions in the freight and logistics industry. As a part of their joint effort, Visa and Transcard are also collaborating on agentic initiatives for the B2B segment.
