Moove Secures USD $100 Million Series B Round
- 2 years 7 months ago
- Fundraising News
Moove, the global mobility fintech that democratizes access to vehicle ownership for mobility entrepreneurs, today announces that it has raised $100 million in a Series B funding round, valuing the company at $750m. Uber invested in the round alongside Mubadala, who led Moove’s previous funding round in 2023.
Finmont Partners with Leading Online Payment Solution, DPO Pay by Network to Enable Travel Merchants to Seamless Accept Payments Across Africa
- 2 years 7 months ago
- Payments
Global payment orchestration platform FinMont has announced a new partnership with the leading digital African online payment solution, DPO Pay by Network. This new alliance will see FinMont add DPO Pay by Network’s innovative and leading online payment solutions to its global ecosystem, facilitating and offering merchants a seamless payment experience across Africa.
Time IS Money: Late Bloomers Leaving Financial Discussions too Late Despite Agreeing on the Benefits
- 2 years 7 months ago
- Personal Finance
New research from Nutmeg, the UK’s largest digital wealth manager, reveals people in the UK are starting discussions around finance too late in their lives. Half (50%) of UK consumers admitted they didn’t discuss finances with their family, friends, or peers until they were at least aged 19, while 15% confessed to leaving it as late as past the age of 30.
KPMG’s "Digital Gateway for Tax" Platform Raises Global Standards in Tax Functionality with Generative AI
- 2 years 7 months ago
- Tax Authorities
In a landmark move, KPMG has enhanced the capabilities of its Digital Gateway for Tax incorporating generative AI (genAI) as an independent component to communicate directly with data, enabling powerful insights and enhanced levels of efficiency.
PayRetailers Arg S.R.L. Recognized as a Payment Service Provider (PSP) Aggregator by Central Bank of the Argentine Republic
- 2 years 7 months ago
- Payments
PayRetailers Arg S.R.L. is pleased to announce its successful registration as a Payment Service Provider (PSP) in the Aggregator function with the Central Bank of the Argentine Republic (BCRA). This significant milestone marks a pivotal moment in the company's journey, allowing it to expand and enhance its local operations in alignment with BCRA regulations, reinforcing its unwavering commitment to transparency and trustworthiness.
Chubb Launches Global Transactional Risk Platform to Grow its Footprint Internationally
- 2 years 7 months ago
- Insurtech, People Moves
Chubb today announced the launch of a global transactional risk platform to provide transactional risk liability insurance products across international markets. Chubb has appointed Josh Cowen as Senior Vice President, International Transactional Risk to lead this initiative from London.
Mastercard Enables Convenient and Secure International Remittances to Alipay Wallet
- 2 years 7 months ago
- Payments
Mastercard continues to expand its cross-border payment solutions with a new connection to Alipay, China’s leading digital open platform under Ant Group.
Bakkt Announces Leadership Transition
- 2 years 7 months ago
- People Moves
Bakkt Holdings, Inc. today announced that Andy Main has been appointed President and Chief Executive Officer, effective March 26, 2024. He will succeed Gavin Michael, who is stepping down to pursue other opportunities. Michael will serve in an advisory role through March 2025 to assist in the leadership transition and advise the Board and executive team on strategic matters.
Galileo Expands Buy Now Pay Later Solution to Include Post-Purchase Options for Credit and Debit
- 2 years 7 months ago
- Lending
Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc., announced today an expansion of its Buy Now, Pay Later offering that allows banks and fintechs to offer cardholders new post-purchase installment payment options via their existing debit or credit card account.
Cytora Announces Expanded Advisory Board with Former Senior Executive from PartnerRe Joining
- 2 years 7 months ago
- People Moves
Cytora has announced the expansion of its global advisory board in welcoming insurance industry veteran Emmanuel Clarke. The move is designed to support Cytora’s global growth.
FreeAgent Expands Tax Calculation Across NatWest accounts to Help Self-employed with Taxes
- 2 years 7 months ago
- Tax Authorities
FreeAgent, the award-winning accounting software for small businesses and their accountants, has expanded its innovative in-app smart tax calculation functionality to be available to all NatWest Group customers within their business banking app.
Investing in Payments Vital for Business Growth Say Global Financial Leaders
- 2 years 7 months ago
- Payments, Consultancy
Investment in new payment solutions is set to power business growth and will enable international expansion, a new report by payments provider Conferma has found. The Growth Ignition Index report, based on an independent survey of over 400 financial decision-makers from the UK, USA, Canada, Singapore, Australia, Brazil, and UAE, aimed to uncover what businesses think will ignite growth and what stands in their way.
Swift to Develop Confirmation of Payee Service for Australian Payments Plus
- 2 years 7 months ago
- Payments
Swift today announced it has been selected to build a service that will reduce the risk of misdirected payments and increase defences against payment fraud, providing Australians with more confidence when sending money. Swift, which built and runs the NPP, was chosen by Australian Payments Plus (AP+) to build confirmation of payee, which is a security measure that helps protect consumers from fraud by confirming the identity of the payee before...
Seon Looks East with Densan System ‘Paylabo’ Partnership
- 2 years 7 months ago
- Security
End-to-end fraud prevention leader, SEON has had its state-of-the-art cybersecurity solution adopted by Densan System Co., Ltd. to enhance security and convenience across the company’s new digital payment platform, PayLabo.
FIS Offers Greater Card Fraud Detection through New Artificial Intelligence Collaboration
- 2 years 7 months ago
- Fraud Detection
Global financial technology leader FIS® has today announced that its SecurLOCK™ card fraud management solution is poised to deliver an increase in accurately identified and prevented fraudulent card transactions utilizing a new collaboration with FIS Fintech Accelerator alumnus Stratyfy.
