Mondu Secures Additional €30M Debt Financing Round from VVRB for Continued European Expansion
- 1 year 1 month ago
- Fundraising News
Mondu, the fast-growing B2B payments company, has raised an additional €30M in debt financing from German bank Vereinigte Volksbank Raiffeisenbank (VVRB). The financing will enable Mondu to expand across Europe in 2024.
Revolut Launches Mobile Wallets, Allowing for Faster Transfers Across the World
- 1 year 1 month ago
- E-Wallets
Revolut, the global financial super app with more than 35 million customers worldwide, today launches Mobile Wallets, a new quick and easy option to send money abroad.
Central 1 Partners with Flinks to Introduce Open Banking Functionality to Its Credit Union Members and Financial Institution Clients
- 1 year 1 month ago
- Open Banking
Central 1 — a leading financial services provider to Canada’s credit unions and financial institutions — is pleased to announce a strategic partnership with Flinks, Canada’s leader in the open, consent-based exchange of financial data. Through this partnership, Central 1 is taking an important step in enabling open banking opportunities and optionality in the credit union system.
Silverfort Raises $116M to Deliver a Unified Layer of Identity Security Across All Enterprise Resources, Including Previously ‘Unprotectable’ Ones
- 1 year 1 month ago
- Fundraising News
Silverfort, the leading identity protection company, today celebrates raising $116M in series D funding, bringing the total amount raised to $222M. Brighton Park Capital (BPC) led the round, with participation from existing investors including Acrew Capital, Greenfield Partners, Citi Ventures, General Motors Ventures, Maor Investments, Vintage Investment Partners, and Singtel Innov8.
Fimple Core Banking Platform Launched in 1.5 Months at Dünya Katılım
- 1 year 1 month ago
- Core Banking
Fimple has achieved significant success in the field of financial technologies by launching its state-of-the-art core banking platform at Dünya Katılım in just 1.5 months. This fast and innovative step was recorded as a turning point in the finance sector.
International Payment Concerns Stop SMEs from Expanding Overseas
- 1 year 1 month ago
- Payments
Currencycloud, the experts at simplifying business in a multi-currency world, has released new research showing that concerns around international payments are a leading barrier stopping UK small and medium enterprises (SMEs) from exporting overseas.1
Worldline and Commerzbank Expand Partnership to Include Instant Payments in Switzerland
- 1 year 1 month ago
- Payments
Worldline, a global leader in payment services, is further expanding and enriching its partnership with Commerzbank. This extension enables Commerzbank to offer its customers in Austria, France, Italy, the Netherlands, Spain, and the United Kingdom the sending and receiving of real-time transfers in euros. It is also possible to process instant payments in Switzerland in Swiss francs.
Tink Launches Risk Signals to Unlock Instant Payment Experiences
- 1 year 1 month ago
- Payments
Tink, the market leader in open banking, has launched ‘Risk Signals’ - a rules-based risk engine that unlocks instant payment experiences across Europe while minimising risk.
Axyon AI Secures €3,9 Million
- 1 year 1 month ago
- Fundraising News
Axyon AI, a pioneering Italian AI fintech company, has closed its latest funding round led by the US-based venture capital firm Montage Ventures and accompanied by Techshop SGR, alongside other angel investors. The round marks a new chapter in Axyon AI's journey towards revolutionizing the Asset Management industry with cutting-edge AI technology.
Travelex Relaunches Online FX Services with Commonwealth Bank of Australia
- 1 year 1 month ago
- Cash management
Travelex, the market-leading travel money brand in Australia, has relaunched online foreign exchange (FX) cash services for Commonwealth Bank of Australia (CBA), the country’s largest bank.
Kantox Launches Kantox In-House FX: Centralising FX Management for Global Businesses
- 1 year 1 month ago
- Trading Systems
Kantox, a global leader in Currency Management Automation software, has today announced the launch of Kantox In-House FX. The solution allows companies to centralize the foreign exchange (FX) management and trade executions of their subsidiaries, maximizing exposure netting for the group and enhancing liquidity.
Iliad Solutions Launches New Testing Standards for SEPA Real-time Payments
- 1 year 1 month ago
- Payments
Iliad Solutions, a global leader in payments testing, is offering support to financial institutions integrating the next SEPA Instant Credit Transfer (SCT Inst) rulebook version scheduled to go live in March 2024.
BR-DGE Achieves Exceptional Growth Amid Surging Demand for Payment Orchestration
- 1 year 1 month ago
- Payments
Leading payment orchestration platform, BR-DGE, has announced strong growth in 2023 in response to increasing market demand.
WealthKernel Secures £6 Million in Series A Extension Funding
- 1 year 1 month ago
- Fundraising News
WealthKernel, a wealthtech provider of digital investment solutions, today announces that it has secured an investment of £6 million in a Series A extension round led by ETFS Capital. The round also saw the participation of other prominent investors, including XTX Ventures, the venture capital arm of leading algorithmic trading company XTX Markets.
Elwood Receives Authorization as a Service Company from UK Financial Conduct Authority
- 1 year 1 month ago
- Cloud, SaaS
Elwood Technologies LLP, a leading software-as-a-service platform that provides institutional-grade access to digital asset exchanges and liquidity venues, today announced it has been authorised as a service company by the UK Financial Conduct Authority. This authorization applies to Elwood's execution management system ("EMS") about security tokens and derivatives.