Y-Combinator’s Verto Launches USD Accounts with Funds 100% Safeguarded for African Start-ups, Enterprises, and VCs
- 2 years 10 months ago
- Digital banking
Verto, a London-based FCA-authorised Electronic Money Institution (EMI), launched USD accounts that see customer funds deposited held in protected accounts in accordance with Electronic Money Regulations 2011 (EMRs), which imposes safeguarding requirements to protect customer funds received for the provision of a payment service or e-money.
eToro Completed a Funding Round of $250 Million at a Valuation of $3.5 Billion
- 2 years 10 months ago
- Fundraising News
eToro, an Israel-based trading platform, announced on Tuesday it raised $250 million after its plan to go public via SPAC fell through. After calling off its plans to go public via a SPAC at a $10.4 billion valuation in 2022, trading platform eToro has secured $250 million in funding at a $3.5 billion valuation.
Two Secures €18 Million Series A Funding to Fix B2B Payments
- 2 years 10 months ago
- Fundraising News
Norwegian business-to-business payments firm Two has raised €18 million in a Series A funding round led by Shine Capital and Antler.
Tom Davies Becomes Ebury’s Managing Director of Middle East & Africa
- 2 years 10 months ago
- People Moves
Ebury, the global financial services firm, is delighted to announce that Tom Davies has been appointed Managing Director of the Middle East & Africa. Tom has been at Ebury for close to 12 years. Throughout his tenure, he has held various leadership roles most recently in Switzerland and the UK & Ireland where he was Country Manager and responsible for all commercial activity. He was made a Partner in 2014.
New Debit Card and App Launches to Help Those Living with Dementia to Safely Manage Spending
- 2 years 10 months ago
- Credit Cards
Sibstar is the UK’s first debit card and app designed to help people living with dementia and their families to safely manage everyday spending.
Tools for Brokers Makes Migration to Trade Processor Easy with FIX API Emulator
- 2 years 10 months ago
- Trading Systems
The international technology company Tools for Brokers (TFB) has announced the expansion of the FIX API emulator technology for simple and straightforward migration to the Trade Processor liquidity bridge.
Embedded Finance as a Service: SAP Fioneer Launches B2B Embedded Finance Platform
- 2 years 10 months ago
- Alternative Finance
SAP Fioneer, a leading global provider of financial services software solutions and platforms, has announced the launch of “Fioneer Embedded Finance as a Service” (EFaaS), the world’s first B2B embedded finance platform facilitating orchestration between SAP users and Financial Service Institutions (FSIs). The service allows FSIs to easily connect to SAP Enterprise resource planning (ERP) processes, enabling them to develop innovative embedded...
Provenir Appoints Kees-Jan Koppenaal as General Manager, Northern Europe
- 2 years 10 months ago
- People Moves
Provenir, a global leader in AI-powered data and decisioning software, today announced that Kees-Jan Koppenaal has been appointed General Manager, Northern Europe. Koppenaal will help to lead Provenir’s expansion in the region, responsible for directing and driving new business, building customer loyalty and supporting corporate strategies.
Mollie and Billie Launch pan-European Partnership to Bring Buy Now, Pay Later to B2B Customers
- 2 years 10 months ago
- Payments
Billie, the leading provider of Buy Now, Pay Later (BNPL) payment solutions for business customers, and Mollie, one of the fastest growing payment service providers in Europe, announce today the launch of their pan-European partnership to bring Buy Now, Pay Later payment methods to business customers.
GoldenSource Launches New Real-Time Investment Book of Record
- 2 years 10 months ago
- Investment
GoldenSource, the leading independent provider of Enterprise Data Management (EDM) and Master Data Management (MDM) solutions, announced today the launch of the GoldenSource IBOR, a real-time investment book of record, powered by MAIA.
BitGo Partners with Coincover to Lead the Way in Digital Asset Protection
- 2 years 10 months ago
- Security
Today, Coincover, the global leader in digital asset protection, announces its new partnership with BitGo, the leader in custody, wallet, and security solutions, enabling clients to benefit from wallet access failure by holding recovery data with a trusted third party.
Encompass Unveils pKYC Maturity Model to Set Benchmark for Regulatory Compliance
- 2 years 10 months ago
- AML and KYC
Encompass Corporation, the provider of the leading Know Your Customer (KYC) automation platform, has unveiled its perpetual Know Your Customer (pKYC) maturity model, setting a new benchmark for regulatory compliance to support the fight against financial crime
Bank ABC Partners with Temenos and NdcTech to Implement Next-Generation Core Banking System
- 2 years 10 months ago
- Core Banking
Bank ABC, one of MENA’s leading international banks, has signed agreements with Temenos and NdcTech to replace its core banking systems for its retail, corporate and wholesale businesses and power its subsidiary, ila Bank, the MENA region’s fast growing digital mobile-only bank, with Temenos’ core banking platform on the Cloud.
Obligate Opens On-Chain Bond Issuance Platform to Revolutionize Corporate Financing
- 2 years 10 months ago
- Investment
Obligate, a Zürich-based investment platform that enables companies to issue on-chain bonds and commercial paper to receive funding, recently opened onboarding for issuers and investors.
GTreasury Launches ClearConnect Gateway to Give Finance and Treasury Teams Out-of-the-Box Bank API Connectivity
- 2 years 10 months ago
- Treasury
GTreasury, a treasury and risk management platform provider, today announced the launch of ClearConnect Gateway, a uniquely-comprehensive, out-of-the-box global bank API connectivity suite. ClearConnect Gateway offers GTreasury customers a giant step forward from the expensive, slow, and time-intensive connections commonly found in corporations today.
