SumUp Raises €1.5 Billion to Solidify Market-leading Position
- 9 months 2 weeks ago
- Fundraising News
In a major deal that reaffirms the market's confidence in global fintech SumUp as a company with solid revenues and foundations, and a bright future, the company raised €1.5 billion from private credit lenders in a round led by Goldman Sachs - one of the largest European private credit deals of its kind in recent years. The money will be used to refinance existing debt and seize global growth opportunities.
Kroll Appoints Jennifer Huntington as Chief Operating Officer
- 9 months 2 weeks ago
- People Moves
Kroll, the leading independent global risk and financial advisory solutions firm, announced today the appointment of Jennifer Huntington as Chief Operating Officer. In this role, Huntington will oversee Kroll’s global business operations and technology function to drive greater consistency, discipline and operational excellence across the firm’s professional and corporate shared service capabilities in support of Kroll’s growth strategy.
SafeBase Raises $33 Million to Revolutionize Security Reviews
- 9 months 2 weeks ago
- Fundraising News
SafeBase, a firm known for enabling friction-free security reviews, announced today it has successfully secured a $33 million Series B funding round. This injection of capital raises the total funding of the company to over $50 million.
Borderless AI and Nium Transform Employer of Record Business with Real-Time Cross-Border Payments
- 9 months 2 weeks ago
- Payments
Borderless AI, a leading Employer of Record (EOR) services provider, announced its strategic partnership with Nium, the global leader in real-time, cross-border payments, aiming to revolutionize cross-border payments in the EOR industry.
Marqeta Announces Global Expansion of Uber Eats Partnership into Eight Markets
- 9 months 2 weeks ago
- Payments
Marqeta, the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced the expansion of its US partnership with Uber Eats into eight additional markets: Canada, Australia, Mexico, Brazil, Colombia, Peru, Chile and Costa Rica. Marqeta’s global platform allows customers to launch card products in more than 40 markets through a single integration.
9Spokes Introduces Multi-Bank View to Expand Financial Insights for SMBs
- 9 months 2 weeks ago
- Banking
9Spokes, a data platform that specializes in integrating and aggregating business and financial data, today announced the launch of its multi-bank feature, a significant advancement in financial transparency and access for small and medium-sized businesses (SMBs). This new feature provides SMBs with a consolidated view of their financial accounts across multiple institutions and service providers, aligning with the global movement towards open...
Fingerprint and Oscilar Partner to Bring Frictionless Fraud Prevention to The Fintech Industry
- 9 months 2 weeks ago
- Security
Fingerprint, the world's most accurate device intelligence platform, is partnering with Oscilar, a trailblazer in AI-driven risk and fraud management, to empower fintech companies with advanced fraud prevention and detection capabilities while ensuring a frictionless customer experience.
Outpayce Granted eMoney License to Offer Regulated Payments Services
- 9 months 2 weeks ago
- e-Payments
Outpayce, which was launched last year to evolve Amadeus’ travel payments business, has been granted an eMoney institution (EMI) license by the Bank of Spain. As a licensed e-money issuer, Outpayce will be able to provide regulated payment services in Spain such as accepting customer funds, issuing pre-paid debit cards, and offering transfers of funds on a payment account and, in the future, passport its services across the European Union.
CLARA Analytics and Origami Risk Partner to Accelerate AI Adoption for Risk Managers and Claim Handlers
- 9 months 2 weeks ago
- Insurtech
CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, today announced the company is expanding its relationship with Origami Risk (“Origami”), the industry-leading risk, safety and insurance software as a service (SaaS) technology firm.
Prove Identity Saving Americans Nearly 30 Million Minutes Yearly through Frictionless Digital Customer Experiences
- 9 months 2 weeks ago
- Digital Identity
Prove Identity, Inc. ("Prove"), the global leader in digital identity, today announced consumer impact metrics that illustrate Prove’s ability to empower enterprise customers to drive incremental revenue, while mitigating fraud, improving the consumer experience, and accelerating trust in the digital economy.
Xplor Technologies Unveils Financing Solution for Small Businesses
- 9 months 2 weeks ago
- Infrastructure
Xplor Technologies, a leading global platform combining SaaS solutions, embedded payments, and Commerce Accelerating Technologies for "everyday life" businesses, today announced the launch of Xplor Capital, a streamlined fintech experience designed to increase access to capital for small businesses.
Eastnets Strengthens Governance with New Board Appointments
- 9 months 2 weeks ago
- People Moves
Eastnets, a global provider of compliance and payment solutions for the financial services sector, has appointed four expert, Independent Board Directors to deepen industry impact and expand global reach. Together with the existing team, the enhanced Board will strengthen Eastnets’ company leadership, further its commitment to high standards of corporate governance, and bring new perspectives to decision-making.
FICO Platform Produced a Significant Return on Investment for Businesses According to New Total Economic Impact Study
- 9 months 2 weeks ago
- Infrastructure
FICO released the first ever independent study of FICO® Platform return on investment (ROI) in the Total Economic Impact™ (TEI) study conducted by Forrester Consulting at its annual FICO® World, the industry's
Close Brothers Motor Finance Partners with Fintech Zuto to Digitise Customer Outreach
- 9 months 2 weeks ago
- PaaS
Vehicle finance provider, Close Brothers Motor Finance, has joined Zuto’s marketplace of trusted lenders, enhancing access to its products and digitising the customer journey.
Fils Partners with TPS to Drive Sustainability and Climate Action in Pakistan's Digital Banking Sector
- 9 months 2 weeks ago
- Digital banking
Fils, the fast growing, UAE-based enterprise-grade digital infrastructure provider enabling companies to embed sustainability and climate action into their business models, today expands its offerings to Pakistan with a strategic partnership with TPS, a leading digital banking and payments solution provider powering banks, digital banks, fintechs, payment processors, merchants, and telecoms around the world.