Salve Financial Hub SpA Selects Finastra to Tackle Payment Delays for Corporates
- 2 years 9 months ago
- Payments
Finastra, a global provider of financial software applications and marketplaces, announced that Salve Financial Hub SpA (Salve FH), a European payments processing startup based in San Marino, has selected Finastra Essence to reduce payment delays resulting from over-compliance.
Mondu Partners with Acquired.com to Bring its B2B Payment Services to More European Businesses
- 2 years 9 months ago
- Payments
Mondu, the fast-growing B2B payments company, has partnered with payments specialists Acquired.com. The new partnership will see Mondu’s suite of B2B payment services offered to more customers in the UK and Europe through Acquired.com’s network.
Salmon Raises $20M of Financing, Setting a Record for Series A Tech Companies in the Philippines
- 2 years 9 months ago
- Fundraising News
Consumer fintech Salmon today announces it has secured a USD 20MM debt facility from U.S. emerging-markets specialist investment firm Argentem Creek Partners, enabling Salmon to further scale its lending operations across the Philippines. Building on significant investor interest in the debt placement, Salmon will expand its loan book, leveraging its existing point-of-sale and cash loan lending, and will launch new disruptive products in the...
Modern World Business Solutions Accelerates Growth Following Success of Innovative FinTech Platform
- 2 years 9 months ago
- Infrastructure
An innovative FinTech business dedicated to improving the payments sector through the power of technology is on track to double its market share, after accelerating growth by an impressive 80% over the last 6 months alone.
Cognaize Raises $18M in Series A to Bolster AI-driven FinTech Solutions
- 2 years 9 months ago
- Fundraising News
New York-based Cognaize, an intelligent document processing (IDP) company harnessing proprietary hybrid intelligence technology, announced the closure of an $18m Series A funding round.
Karat, Credit Cards Startup, Raises $70M
- 2 years 9 months ago
- Fundraising News
Despite earning six-to-seven-figure-a-year incomes, many content creators are denied the capital they need to expand their businesses. The reasons vary, but most are relatively young and have limited business and credit histories, and deal with inconsistent income across platforms.
Kuflink Secures £35 Million Institutional Debt Funding
- 2 years 9 months ago
- Fundraising News
Kuflink Group PLC (and associated entities, collectively “Kuflink”), one of the UK’s most respected bridging & development non-bank lenders, and European Risk Capital LLP (“ERC”) jointly announced today that Kuflink has entered into a £35 million institutional debt facility placed by European Risk Capital with Paragon Bank PLC.
Bitso Announces Integration with Stellar to Simplify International Payments
- 2 years 9 months ago
- Payments
To facilitate international payments, Bitso — a leading financial services company powered by crypto in Latin America with 7 million users — announced its integration with the Stellar network, adding new corridors between Latin America and Europe to Stellar’s growing Anchor Network.
Airwallex Scales Global Money Movement, Collaborates with Brex to Help Accelerate International Expansion
- 2 years 9 months ago
- Money Transfers
Airwallex, a leading global payments and financial platform for modern businesses, today announced partnership with Brex, a leading U.S.-based financial technology company, to support its global expansion. Airwallex continues to assemble a rapidly growing ecosystem of customers and partners, validating its position as a catalysing force in global money movement infrastructure and proving the power of collaborative innovation in fintech.
11:11 Systems Expands Relationship with AWS to Extend Market-leading Data Protection Services Globally
- 2 years 9 months ago
- Data
11:11 Systems (“11:11”), a managed infrastructure solutions provider, today announced that it has expanded its relationship with Amazon Web Services (AWS) by joining the AWS Partner Network (APN) and will offer customers holistic data protection strategies that include additional Veeam Software solutions on AWS. The APN is a global community of AWS Partners that leverage programs, expertise, and resources to build, market and sell customer...
Topicus and Five Degrees Disrupt the Financial Industry with Cutting-edge Banking Technology Stacks
- 2 years 9 months ago
- Banking
Following the successful acquisition of Five Degrees by Topicus, the combined force will offer turn-key banking tech-stacks that challenge technology providers incumbent to the sector. Topicus and Five Degrees vocalized their ambition at the Five Degrees offices during a recent networking event. The event featured Sabyasachi Sengupta of ABN AMRO Bank as keynote speaker and Topicus CEO Daan Dijkhuizen elaborating on the strategic direction.
Feedzai Introduces Railgun: a Next-Generation Fraud Detection Engine, Featuring Advanced AI to Defend Millions of People from Surging Financial Crime
- 2 years 9 months ago
- Fraud Detection
Today Feedzai, a leading provider of financial crime and risk management solutions, is introducing Railgun, its next-generation AI engine designed to target and intercept financial fraud before it can occur.
Core10 Joins the Jack Henry™ Vendor Integration Program (VIP)
- 2 years 9 months ago
- Lending
Core10, Inc. (Core10), a U.S.-based financial technology company that provides lending, account opening, and BaaS products, as well as software development services, today announced that it is expanding its participation in the Jack Henry™ Vendor Integration Program (VIP).
Elliptic Partners With FOMO Pay For Digital Asset Compliance at Scale
- 2 years 9 months ago
- Compliance
Elliptic – the global leader in cryptoasset risk management – has announced a partnership with FOMO Pay, a leading payment institution headquartered in Singapore that aims to build a cohesive payment ecosystem in Asia with seamless interoperability between fiat and digital currencies. The new partnership will see FOMO Pay work with Elliptic to enhance its customer onboarding due diligence check process.
SMBs Driving Globalization as the Ticket for Growth, New Research from Payoneer Shows
- 2 years 9 months ago
- IT Innovations
Payoneer, the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business and grow globally, today announced results from its inaugural SMB Ambitions Barometer. What the research found: An overwhelming agreement among surveyed SMBs (72%) that expanding into overseas markets results in increased revenue, but less than half (41%) are seizing the opportunity.
