Chexy Raises $4.1M CAD Seed Round to Scale Its Rewards and Payments Platform for Renters
- 2 years 1 month ago
- Fundraising News
Chexy, Canada’s rent rewards and payments platform announces its seed round raise of $4.1M. The round was led by Venrex, with participation from Crossbeam Ventures, Groundbreak Ventures, Antler Global, and strategic angels in real estate, fintech, and banking.
Ramify Raises €11 Million to Become the Leader in High-End Wealth Management
- 2 years 1 month ago
- Fundraising News
Ramify, the innovative wealth management and financial advice platform, announces a fundraising of €11 million in Series A. This funding round was led by 13books, with the participation of Fidelity International Strategic Ventures and historical investors that are Newfund, AG2R LA MONDIALE through its investment fund ALM Innovation, Crédit Agricole Brie Picardie, and business angels.
First Abu Dhabi Bank (FAB) Bolsters CLM Operations with Fenergo
- 2 years 1 month ago
- Banking
Fenergo, the leading provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring, and Client Lifecycle Management (CLM), announces today that First Abu Dhabi Bank (FAB) the largest bank in the United Arab Emirates (UAE), has integrated Fenergo’s software-as-a-solution (SaaS) CLM solution to speed up client onboarding and enhance its anti-money laundering (AML) compliance processes.
Sumsub Partners with 21 Analytics to Add Self-Hosted Wallet Verification to Its Crypto Travel Rule Solution
- 2 years 1 month ago
- Cryptocurrencies
Sumsub, a global full-cycle verification platform, is pleased to announce a new partnership with 21 Analytics, a Swiss-based Travel Rule compliance software provider.
B2Broker Shakes Up the Market with Next-Gen Copy Trading Platform
- 2 years 1 month ago
- Trading Systems
According to The Insight Partners, the copy trading market is poised to grow from $2.2 billion to $4 billion by the decade's end. This growing market presents a critical opportunity for brokers to implement sophisticated copy trading platforms that align with trader expectations.
Dineo Crédito Enters Partnership with Mambu to Revolutionise Ethical Digital Lending in Spain
- 2 years 1 month ago
- Lending
Dineo Crédito, Spanish microlender part of the international retail leader Cash Converters group, has entered a partnership with Mambu, the leading cloud banking platform. The move will see Dineo Crédito migrate from its in-house core system to Mambu, where it plans to launch innovative lending products for its growing customer base in Spain.
Number of Growing Sectors Highest in 15 Months
- 2 years 1 month ago
- Banking
According to the latest Lloyds Bank UK Sector Tracker, more parts of the UK economy grew in May than at any time in the last 15 months. While the overall rate of output growth across the economy slowed marginally in May (53.0 vs. 54.1 in April), 11 out of the 14 UK sectors monitored by the Tracker reported output growth – up from eight in April and the most since February 2023.
Mexican Fintech Unicorn Clip Announces US$100 Million Investment
- 2 years 1 month ago
- Fundraising News
Clip, Mexico's leading digital payments and commerce enablement platform, today announced that it has secured an investment round of US$100 million from investment funds managed by Morgan Stanley Tactical Value ("MSTV") and from one of the largest, most experienced West-Coast mutual fund managers. The investment values Clip in line with the Series D round completed in 2021.
TerraPay and Thredd Partner to Build the Next Generation of Payment Solutions and Money Movement for Global Travel Providers
- 2 years 1 month ago
- Payments
TerraPay, a global leader in money movement, has chosen Thredd, a next-generation global payments platform, to power virtual card payments for global suppliers. This strategic partnership aims to develop payment solutions within the travel industry, offering seamless, secure, and compliant virtual card services to intermediaries as part of TerraPay’s cross-border money movement network.
Open Banking Could Become a Mainstream Payment Method in 5 Years Time, Surpassing BNPL, emerchantpay Research Finds
- 2 years 1 month ago
- Open Banking
New research released today by emerchantpay, a leading global payment service provider and acquirer, has found that there is strong market potential for merchants who prioritise the adoption of Open Banking payments early in their payment strategies.
Zilch Raises £100M Financing Deal to Fuel Expansion Strategy
- 2 years 1 month ago
- Fundraising News
Zilch, the world’s first ad-subsidised payments network (ASPN), today announces a key £100 million securitised debt financing arranged by Deutsche Bank (DB). The financing will enable Zilch to grow its business and accelerate Zilch's ability to create and launch new products for a broader base of customers.
DZ BANK Plans to Revolutionize Trade Finance Customer Service with Surecomp’s RIVO™
- 2 years 1 month ago
- Trading Systems
Surecomp® today announced that leading trade finance bank DZ BANK AG, has taken the next step in its ambitious plans to use the collaborative trade finance platform RIVO™ to further enhance its digital customer service delivery.
Encompass Corporation Appoints Renowned Technical Leader Andrew Dunn as VP of Engineering to Help Bring Corporate Digital Identity Vision to Life
- 2 years 1 month ago
- People Moves
Encompass Corporation, the leader in Corporate Digital Identity (CDI), has boosted its mission to deliver game-changing outcomes for global banks by appointing seasoned technical leader Andrew Dunn to lead its engineering function.
iDenfy Releases Its New Risk Assessment Tool and Completes Its KYC/KYB/AML Compliance Package
- 2 years 1 month ago
- AML and KYC
iDenfy, a Lithuania-based identity verification and fraud prevention software provider, announced the launch of its new AI-powered customer risk assessment solution. This new easy-to-use platform feature is specifically designed to empower businesses with a comprehensive, automated, and customizable approach to risk management for both Know Your Customer (KYC) and Know Your Business (KYB) compliance.
Ageras Enters Into an Exclusive Agreement with Societe Generale to Acquire Shine and Become One of the Leading European Providers of Banking and Accounting Software for SMEs
- 2 years 1 month ago
- Banking
Ageras, a leading provider of accounting software, banking, and admin tools for more than 300,000 active SME customers in France, Germany, The Netherlands and Denmark, today announced that it has entered into an exclusive agreement with Societe Generale to acquire Shine, a leading French SME fintech.
