365 Business Finance Boosts Funding Capacity with Increase to Senior Secured Facility with Pollen Street
- 1 year 7 months ago
- Financial
365 Business Finance and Pollen Street Capital (“Pollen Street”) have successfully completed a 40% increase to Pollen Street’s senior secured credit facility, boosting 365 Business Finance’s funding capacity to support SMEs across the UK.
TP24 Raises £345M in Funding from Barclays and M&G Investments
- 1 year 7 months ago
- Fundraising News
TP24, a fintech provider of flexible revolving business credit, has raised £345m in debt funding from UK parties Barclays Bank Plc (“Barclays”) and M&G Investments. The amount of £240m will be used for lending to SMEs in the UK and the Netherlands. Barclays is providing up to £200m in warehouse financing, while M&G is providing up to £40m in mezzanine funding.
Nexpay Expands Services with SWIFT Payments in 23 Currencies
- 1 year 7 months ago
- SWIFT
Nexpay, a leading Lithuanian Electronic Money Institution (EMI) providing business banking solutions for digital companies, has announced its enhanced service offering by adding SWIFT payments in 23 currencies.
Encompass Boosts Expertise to Help Banks on the Road to pKYC
- 1 year 7 months ago
- AML and KYC
Encompass Corporation, the provider of the leading dynamic Know Your Customer (KYC) process automation platform, has unveiled a new
Temenos Completes Certification for Federal Reserve’s New Instant Payment Service
- 1 year 7 months ago
- Payments
Temenos today announced that it has successfully completed certification for the FedNowSM Service, the Federal Reserve’s new instant payment offering launching in July 2023. Through Temenos’ flexible, cloud-native Payments Hub, banks can support the FedNow service and offer faster payments services to their customers.
Brite Payments Bolsters Leadership Team with Appointment of Chief Operating Officer and Chief Financial Officer
- 1 year 7 months ago
- People Moves
Signalling that it has entered the next phase in its rapid growth, Brite Payments today announced the appointment of Alexander Kassai as Chief Operating Officer and Fredrik Strömqvist as Chief Financial Officer. The appointment of two new senior leaders follows a period of strong growth for the Stockholm-based fintech, which leverages the capabilities of open banking to give merchants and businesses a complete, out-of-the-box instant payments...
Plug-and-Play Finance Specialist, Weavr.io, Has Welcomed ex-Visa Executive, Mark Pettit, as its New Chief Product Officer (CPO)
- 1 year 7 months ago
- People Moves
Mark brings his 20+ years of industry experience to accelerate Weavr’s growth from a product perspective, while expanding into international markets and building upon strategic partnerships, such as the recently announced Visa collaboration.
Core Banking Platform: a Significant Lever for Innovation
- 1 year 7 months ago
- Core Banking
Process Oriented Core Banking (POBC), or Core Banking Platforms, represents the latest generation of core banking solutions. Developed over the last few years, they offer financial institutions the opportunity to take full advantage of the digital revolution by meeting the scalability needs of the industry.
B2BinPay and Ledger Unite to Present Branded Limited Edition Hardware Wallets
- 1 year 7 months ago
- E-Wallets
B2BinPay is thrilled to announce the newest partnership with Ledger, The global platform for digital assets. This groundbreaking collaboration offers customers an exclusive branded Ledger Nano X bearing the B2BinPay logo.
Consumers and SMEs Lost £5.6 Billion in Cross-border Fees Last Year: Fintechs Demand Chancellor Address the Problem at Source
- 1 year 7 months ago
- Payments
Today, some of London’s biggest fintech companies and interest groups have come together to demand an urgent review of legislation regarding hidden fees for international payments. Thirteen companies including Wise, Revolut and Monzo have joined forces to urge The Chancellor to eradicate this problem. [Letter in full here]
CoinFund Reinforces Commitment to Web3 Technology with the Close of $158M Seed IV Fund
- 1 year 7 months ago
- Fundraising News
CoinFund, a leading cryptonative investment firm and registered investment adviser, today announces the close of $158 million (M) CoinFund Seed IV Fund LP (“Seed IV” or “The Fund”), backed by a combination of sophisticated institutional investors, family offices, and high net worth individuals. CoinFund Seed IV LP exceeded its initial target fundraising goal of $125M.
Pay by QR: Revolutionizing Payments with Cutting-Edge QR Code Technology
- 1 year 7 months ago
- Payments
Gala Technology, in partnership with SOTpay, unveils Pay by QR, an innovative payment solution designed to simplify transactions for businesses and elevate the payment experience for customers. This groundbreaking platform harnesses the power of QR code technology, delivering fast, secure, and seamless payment processes.
Qumulo Broadens Availability of Azure Native Qumulo to New Regions Across Europe, North America and the United Kingdom
- 1 year 7 months ago
- Data
Qumulo, the simple way to manage exabyte-scale data anywhere, today announced the general availability of Azure Native Qumulo Scalable File Service (ANQ) in 11 new regions: France Central, Germany West Central, North Europe, Norway East, Sweden Central, Switzerland North, UK South, UK West, West Europe, Canada Central,
AccessPay’s New Fraud & Error Prevention Suite Helps Corporates De-risk Their Payment Operations
- 1 year 7 months ago
- Fraud Detection
AccessPay, the leading corporate-to-bank integration provider, is pleased to announce the release of its new fraud and error identification tool, Detect.
Branchspace and CellPoint Digital Partner to Deliver End-to-end Digital Experiences for Airlines
- 1 year 7 months ago
- Payments
Branchspace, a leading provider of innovative data-driven dynamic retailing solutions and services for the airline industry, and CellPoint Digital, a pioneer in the development of Payment Orchestration Platforms, have announced a strategic partnership to enhance the digital customer experience for airlines.
