Fintech Firm Revenir AI Pioneers Hassle-free Mobile VAT Reclaim for Travellers
- 1 year 11 months ago
- Artificial Intelligence, Tax Authorities
UK travelers will soon be able to claim back VAT on purchases made abroad automatically using their phones, thanks to a technology developed using AI. Each year more billions in VAT and similar taxes are left unclaimed by UK shoppers in Europe – because typically the recovery procedure is clunky, confusing, and difficult to access.
Mollie Capital Launches to Provide UK Merchants with Fast and Flexible Financing
- 1 year 11 months ago
- Lending, Payments
Mollie, one of the fastest-growing financial services providers in Europe, today announced the UK launch of Mollie Capital - a fast and flexible way for SME merchants to access funding. Mollie Capital gives UK retailers the opportunity to bypass traditional lenders and access up to £250,000 to help drive growth.
New Klarna Service Takes On the US Tech Giants After Awesome Success with Swedish Merchants
- 1 year 11 months ago
- E-Commerce, Payments
Klarna, the AI-driven global payment provider and shopping assistant, has launched "Sign in with Klarna" to offer consumers a smoother shopping experience with increased control over their data. The service saves time for consumers by fast-tracking the online purchase process and, if they consent to share their data, unlocks personalized offers from merchants.
Mastercard and Awash Bank Partner to Launch New International Prepaid Card and Payment Gateway Service
- 1 year 11 months ago
- Payments
Awash Bank S.C, the first and the leading private financial institution in Ethiopia, has partnered with Mastercard, a leading global technology company in the payments industry, to introduce the Awash pre-paid cards. The Mastercard-branded international prepaid plastic card was launched during a press conference at Awash Bank’s Headquarters.
Velo Labs' Orbit Partners with leading POS Networks to Enable Crypto Payments for Over 100,000 Merchants
- 1 year 11 months ago
- Cryptocurrencies
Velo Labs is excited to announce landmark partnerships between its Orbit crypto merchant network and leading Point-of-Sales (POS) networks and plans to achieve 500,000 users in Orbit by the end of the year — marking a significant leap toward the integration of cryptocurrency in everyday transactions.
Nexo Partners with Sift to Protect Against Digital Risk & Streamline User Experience
- 1 year 11 months ago
- Cybersecurity
Nexo, the leading institution for digital assets, announced a partnership with Sift, the Leader in Digital Trust & Safety.
KYND Secures New Funding to Advance Cyber Risk Management
- 1 year 11 months ago
- Fundraising News
KYND, a leading provider of cyber risk management solutions, has today officially disclosed a substantial investment in the business to propel expansion and further growth. The investment comes from Verisk, a leading global data analytics and technology provider, and existing backer BGF, one of the largest and most experienced growth capital investors in the UK and Ireland.
NatWest Group CEO Appointment
- 1 year 11 months ago
- People Moves
The Board of NatWest Group plc has appointed Paul Thwaite as Group Chief Executive Officer and Executive Director with immediate effect. This follows his appointment on an initial 12-month basis in July 2023. Led by Chair Designate Rick Haythornthwaite, the NatWest Group Board has undertaken a rigorous and competitive search process, with support from a leading external search firm.
CFPB Report Finds Large Banks Charge Higher Credit Card Interest Rates than Small Banks and Credit Unions
- 1 year 11 months ago
- Payments
The Consumer Financial Protection Bureau (CFPB) today reported on the first set of results from the newly updated Terms of Credit Card Plans surve
HealthCARE of Iowa Chooses to Empower Employees Through Partnership With DailyPay
- 1 year 11 months ago
- Payments
HealthCARE of Iowa, a professional consulting partner with over 80 years of combined experience in providing consulting services for Senior Living environments, has partnered with DailyPay – the industry’s leading on-demand pay solution. Through this partnership, HealthCARE of Iowa is modernizing its benefits offerings by providing a voluntary financial wellness benefit that empowers employees to access their earned pay at the press of a button.
Ai for Alpha Integrates New Generative Artificial Intelligence into Its Investment Process
- 1 year 11 months ago
- Artificial Intelligence, Asset Management
Ai for Alpha, a leading fintech company specializing in leveraging machine learning for advanced investment strategies, announces the integration of Gen AI into its asset management models.
Finom Secures €50M in Series B Funding to Empower SMEs and Entrepreneurs
- 1 year 11 months ago
- Fundraising News
Finom, an Amsterdam-based leading digital banking solution for SMEs and entrepreneurs, has announced a €50M Series B funding round. The round led by General Catalyst and Northzone, with participation from existing investors including Cogito Capital, Entrée Capital, FJLabs, s16vc, and Target Global, bringing FINOM’s total raised capital to over €100M.
Bold Secures $50M in Series C Funding Round Led by General Atlantic
- 1 year 11 months ago
- Fundraising News
Bold has raised $50 million in Series C funding led by existing investor General Atlantic, a leading global growth investor, with participation from the International Finance Corporation (IFC), a member of the World Bank Group. Existing investors InQLab and Amador also participated in the round. With this new funding, Bold plans to bolster its product roadmap and offerings, as well as continue its focus on business expansion while deepening its...
PayPal Ventures Co-Leads Rasa’s $30 Million Series C Funding Round
- 1 year 11 months ago
- Fundraising News, Investment
Rasa, the leading generative conversational AI platform today announced the completion of its $30 million Series C funding round, co-led by StepStone Group and PayPal Ventures, with participation from Andreessen Horowitz (a16z), Accel, and Basis Set Ventures.
Alkami Releases Research to Measure Digital Maturity in Financial Institutions
- 1 year 11 months ago
- Digital banking
Alkami Technology, Inc., a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today launched the Alkami Digital Sales & Service Maturity Model, based on research conducted across 215 US financial institutions with at least $200 million in assets and completed December of 2023.
