Notion Capital Closes Oversubscribed Fifth Fund at €300M ‘Hard Cap’ and Announces Three Senior Promotions
- 1 year 8 months ago
- Investment
Notion Capital (“Notion”), Europe’s leading early-stage venture investor in business software and fintech, has today announced the final close of its new €300m fund Notion Capital V SCSp (“Notion V” or “the fund”), which closed at its ‘hard cap’. The successful fundraising progress is testament to Notion’s strategy, past performance and strong base of supporters, as well as the resilience of the European tech sector in the face of macroeconomic...
Numarics Raises Over €10M to Build the Business OS for SMEs
- 1 year 8 months ago
- Fundraising News
Swiss FinTech startup Numarics, a company building the business OS, has raised a €10.2M seed round for its automated accounting and administration solution tailored to SMEs.
wefox And GATE From Iveco Announce New Affinity Partnership
- 1 year 8 months ago
- Insurtech
wefox, one of the world’s leading insurtechs, and GATE (Green & Advanced Transport Ecosystem), have formed a new partnership that uses digital solutions and a pay-per-use formula for the long-term rental of electric commercial vehicles, founded by Iveco Group.
With Chinese Tourists’ Average Overseas Spending Surpassing 2019 Level, Alipay and SEA Countries Broaden Payment and Marketing Partnership
- 1 year 8 months ago
- Payments
Chinese travelers on average spent 24% more on Alipay when being abroad during the first half of 2023 compared with H1 2019, which signals new growth trends in China's outbound tourism, said Alipay, China’s leading open platform under Ant Group.
Data Connect for Marketing Empowers Omni-channel Businesses to Use Payments Data to Drive Personalisation and Increase Loyalty
- 1 year 8 months ago
- Payments
Adyen, the global financial technology platform of choice for leading businesses, announces the launch of Data Connect for Marketing, a new product enabling omnichannel retailers to leverage payments data to improve marketing initiatives and provide an enhanced understanding of customers. Unique profile identifiers can link previously unidentified in-store transactions to shopper profiles, unlocking a breadth of analytics-driven use cases.
Global Screening Services Announces Partnership to Embed Appian into GSS Screening Platform
- 1 year 8 months ago
- Management
Global Screening Services (GSS), the RegTech innovator focused on financial transactions screening, has announced its partnership with software company Appian, to integrate the company’s leading low-code development and AI-powered process automation tools into the GSS screening platform.
Divido Set to Create World’s First Embedded Retail Finance Network with the Launch of Expanded Product, ‘Divido Connect’
- 1 year 8 months ago
- Trade Finance
Checkout finance provider, Divido, has announced the upgrade of its UK direct-to-merchant platform to now give merchants easy access to retail finance across Europe. With ‘Divido Connect’ merchants can now uniquely offer retail finance from a network of reputable lenders across the UK and Europe.
Bahrain Set to Unveil PwC Middle East's Latest Regional Service Centre
- 1 year 8 months ago
- Financial
PwC Middle East, is set to establish a new service delivery centre in Manama, Bahrain during the first quarter of 2024. The service centre will offer strategic compliance and advisory services to a wide range of global institutions. In line with PwC Middle East's objective to expand its market presence regionally, this new centre will strengthen PwC's global network of 328,000 people working in 152 firms around the world.
Leading Turkish Neobank Papara Acquires Rebellion, Becomes Europe’s Latest Fintech Unicorn
- 1 year 8 months ago
- Digital banking
Papara, the market-leading Turkish neobank, today announces the acquisition of Madrid-based neobank Rebellion, bringing the Turkish neobank’s valuation to over $1bn. This strategic move propels Papara into the coveted unicorn club, solidifying its position as one of the first bootstrapped unicorns in Europe.
Nigerian FinTech Zuvy Secures $4.5M for SME Liquidity Solutions
- 1 year 8 months ago
- Fundraising News
Zuvy, a dynamic Nigerian invoice financing company, has bagged a substantial $4.5m in a debt and equity funding round. The firm, known for its innovative approach to managing invoice software and providing discounting services, has drawn global investors keen on supporting its mission.
VersiFi Announces Seed Funding And Partnership With Hunting Hill Group
- 1 year 8 months ago
- Fundraising News
VersiFi, a partner-powered prime services platform for digital assets, today announced its partnership with The Hunting Hill Group (“HHG”), a digital-asset-focused investment firm whose founders have extensive experience as participants and advisors in the digital currency alternative fund space. The collaboration will provide VersiFi with invaluable strategic guidance and support, enabling the new firm to effectively leverage its skills and...
Financial Services Leaders Believe AI Has a Future in the Sector
- 1 year 8 months ago
- Artificial Intelligence
Exclusive data from Kin + Carta, the global transformation consultancy, has revealed that the overwhelming majority of financial services leaders believe AI has an intrinsic role in the sector.
Moneycorp Announces the Appointment of Velizar Tarashev as The Group's Chief Executive Officer
- 1 year 8 months ago
- People Moves
Moneycorp, one of the world's leading cross-border payments businesses, today announces that Chief Financial Officer, Velizar Tarashev has been appointed by the Board as the Group's next Chief Executive Officer effective immediately. Velizar will succeed Mark Horgan, who will step down after 12 years in the role. Mark will remain on the Board of Moneycorp and will assume the role of Deputy Chairman in early 2024.
Onfido and Lemonway Partnership Sees 2X Increase in Customer Acquisition with a Streamlined KYC Process
- 1 year 8 months ago
- Digital Identity
Onfido, the global leader in automated identity verification, today announced the results of its four-year partnership with Lemonway, a leading Pan-European payment institution.
iFX EXPO: A Tour Around the World
- 1 year 8 months ago
- FinTech StartUps
Brought to the finance and fintech arena by Ultimate Fintech, iFX EXPO is the largest B2B exhibition worldwide. Faithfully convened every year in key financial hubs around the world, from Dubai in the Middle East to Bangkok in exotic Asia and Limassol on the warm Eastern Mediterranean shores of Europe, the expo brings together thousands of elite attendees and hundreds of speakers from fintech, online trading, blockchain and regtech.