BR-DGE Launches Network Tokenisation Product ‘Vault’, Strengthening Payment Security for Merchants
- 1 year 10 months ago
- Security
Today, leading payment orchestration platform BR-DGE launches BR-DGE Vault, a state-of-the-art Network Tokenisation product to deliver industry-leading transaction performance and security to its merchants and payments partners. Amid disruptive innovation in payment technology, BR-DGE is leading the way with a ground-breaking product which enables merchants to leverage the benefits of an independent and enhanced tokenisation solution.
Clara Raises $60M in Equity Round Led by GGV Capital
- 1 year 10 months ago
- Fundraising News
Clara, the leading end-to-end spend management solution for companies in Latin America, today announced that it has closed $60M USD in an equity financing round led by GGV Capital. In addition, GGV Managing Partner Hans Tung will join the company’s Board of Directors.
Ecospend, a Trustly company, Joins All-Party Parliamentary Group on Open Banking and Payments
- 1 year 10 months ago
- Open Banking
Ecospend, the UK’s leading Open Banking technology provider recently acquired by Trustly, today announces its membership of the All-Party Parliamentary Group (APPG) on Open Banking and Payments. Formed in 2020, the APPG seeks to highlight the benefits of Open Banking to parliamentarians and ensure that the technology supports economic growth for the UK.
Nexi and BVA Doxa Data Reveals Italian SME Merchant Payment Preferences
- 1 year 10 months ago
- Payments
Data from Nexi Group, the European PayTech, and BVA Doxa has revealed Italian merchant preferences for digital payments, focused on safety, speed and customer experience. According to the survey, Italian merchants now prefer accepting card payments using a point-of-sale (POS) device over using cash.
Tembo Raises £5 Million to Accelerate Growth
- 1 year 10 months ago
- Fundraising News
Tembo – a London-based digital-mortgage platform which provides a one-stop shop for the available mortgage schemes to help customers struggling with affordability has today announced that it has secured £5 million of investment.
Global Screening Services (GSS) Appoints Ruth Fletcher as Joint COO and CFO
- 1 year 10 months ago
- People Moves
Global Screening Services (GSS), a RegTech innovator focused on financial transactions screening, has today announced that Ruth Fletcher will be appointed COO and CFO of the business. Fletcher brings a wealth of experience in C-suite roles, on both sides of the regulatory fence, to the GSS team.
British Business Bank Publishes Updated List of 529 Companies in which the Future Fund Has an Equity Interest
- 1 year 10 months ago
- Banking
Today the British Business Bank publishes a list of 30 additional companies in which the Future Fund holds an equity interest taking the total to 529 as at 31 March 2023. The level of conversions began to decline in Q4 2022/3 compared to the previous quarter, and conversions in January and February remained low but began to increase slightly in March. The number of administrations also began to grow in this quarter which in part was driven by...
MODIFI Expands Its Footprint to Singapore to Better Serve Business Customers in Asia
- 1 year 10 months ago
- Payments
MODIFI, a leading European fintech company specializing in cross-border payment solutions and provision of liquidity for exporters around the world, announces the opening of its new office in Singapore. The expansion is part of MODIFI's strategy to strengthen its global presence and better serve customers in Asia.
GPS Rebrands as “Thredd” to Reflect its Unique position as the Go to Payments Partner of Innovators Worldwide
- 1 year 10 months ago
- Payments
Global Processing Services, a next-generation global payments platform behind the leading fintechs, digital banks, and embedded finance providers across the UK, Europe, Asia, Middle East and North America, has today rebranded as “Thredd,” to reflect the company’s pivotal role in weaving together the different ‘threads’ of the global payments ecosystem to fuel the growth of electronic payments.
PPRO Signs Strategic Partnership with NPCI International, Unlocking Simplified Access to India’s UPI Payment System for Cross-border Transactions
- 1 year 10 months ago
- Payments
PPRO, the leading digital payments infrastructure provider, has signed a strategic agreement with NPCI International Payments Limited (NIPL) to offer global partners access to Unified Payments Interface (UPI), India’s fastest-growing, real-time payment system, for cross-border transactions. Today’s agreement, supported by a new framework co-developed with NIPL, paves the way for the first merchants to go live in the coming months.
VigiPay of Nigeria Selects ThetaRay AI Solution for AML Monitoring
- 1 year 10 months ago
- AML and KYC
VigiPay, a Nigerian fintech providing digital payment services, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced they will collaborate to protect VigiPay’s growing business against money laundering, sanctions violations, and other financial crime risks.
m3ter Raises $14M Series A to Fuel further U.S. Expansion and Add Advanced Features to its Software Pricing Platform
- 1 year 10 months ago
- Fundraising News
m3ter, the pricing operations platform, today raised $14 million in Series A funding to further its mission to help software companies successfully operationalise modern usage-based pricing strategies to realise their full potential. The investment will support m3ter as it launches new analytics features and expands its U.S. presence, building on impressive traction since the company launched from stealth in 2022.
HTC Global Services and Azentio Software Confirm Strategic Partnership to Offer Next-Generation Digital BFSI Solutions
- 1 year 10 months ago
- Banking
HTC Global Services, a US-based information technology and business process outsourcing services company, is proud to announce its strategic alliance with Azentio Software, a leading software products company headquartered in Singapore, to provide cutting-edge digital BFSI solutions.
Wayhome Raises £8M via Series A
- 1 year 10 months ago
- Fundraising News
Wayhome, the Gradual Homeownership provider, announced that they have closed a Series A equity funding round of £8m. Led by existing investors Allianz X (Stripe, WeLab, CLARK), Augmentum Fintech (interactive investor, Tide, Zopa) and new funders Volution, Love Ventures and Cur8 Capital, the monies raised will provide cash runway to break even point as Wayhome continues to disrupt the conventional home buying space with their unique Gradual...
LSB Calls on Banks to Join Focus On Financial Resilience
- 1 year 10 months ago
- RegTech
The banking sector’s primary self-regulatory body, the Lending Standards Board (LSB), is urging firms to prepare for the financial struggles customers will face this year, as incomes are eaten away by the higher cost of everyday life. In its 2023/24 Business Plan released today, the LSB outlines how its areas of focus for the year will include financial resilience and digital journeys, alongside its ongoing work on the prevention of authorised...
