Utimaco, a leading global provider of IT security solutions, and Digital Realty, the largest global provider of cloud- and carrier-neutral data centre, colocation and interconnection solutions, today announced a collaboration that enables both partners to offer certified cloud environments for mission-critical cyber security services.
 
Utimaco and Digital Realty have been working together for the past year to create a blueprint for how colocation environments in Digital Realty’s data centres can be Payment Card Industry (PCI) PIN certified to provide solutions with the highest security requirements for the payment/financial services industry. Additional sectors, such as automotive, pharma and health, fast-moving consumer goods (FMCG) and manufacturing, are also being explored.
 
In a first step, joint environments in two of Digital Realty’s data centres in North America (Santa Clara, CA and Ashburn, VA) were certified and operated in accordance with PCI PIN. The blueprint was developed for global applications to support customers as they scale. Utimaco and Digital Realty are also exploring the opportunity to certify additional data centres in Europe. 
 
In addition to implementation support, Utimaco and Digital Realty continue to offer access to already established services for the payment/Financial services industry, such as:
 
PCI PIN-certified key generation and exchange service
PCI PIN-certified remote key loading service
Synchronized Digital Identity Management with high availability and failover
Certified key custodians

The certified environment is also used to provide a Hardware Security Module (HSM) as a service to facilitate the infrastructure migration of traditional on-premise customers to cloud service providers and colocation environments by continuing to use auditable and certifiable HSMs from Utimaco.
 
As part of the collaboration, Utimaco will offer the highest cloud availability for mission-critical cyber security services at Digital Realty’s 300+ data centres around the globe, a key element of Utimaco’s Trust-as-a-Service strategy.

”This collaboration secures current and future security demands for Utimaco as a service provider, as well for future customer demands. It also gives us a global footprint with the globally recognized data centre provider, Digital Realty,” says Håcan Tiwemark, Chief Operating Officer at Utimaco. “Having the first data centres in North America certified for PCI PIN is inspiring, and we look forward to the further expansion.”

Philip Barnett, Senior Vice President, Sales, EMEA at Digital Realty, adds: “Data has swiftly become one of the most valuable commodities in the world and a critical area of focus for businesses everywhere.” 

Barnett continues: “As the meeting place for the world’s data, we have a unique role to play in working alongside our customers and partners to maintain the security and compliance of that data in the face of an ever-evolving cyber security landscape. With the needs of our customers front of mind, we’re excited to be collaborating with Utimaco and offering new, innovative security and connectivity services through our global data centre platform, PlatformDIGITAL®.”

BharatPe Group today announced a new addition to its leadership team with the appointment of Aparna Kuppuswamy as its Chief Risk Officer. A seasoned leader with almost 3 decades of experience in the Consumer Banking Industry with extensive expertise in managing portfolios across all major product lines including credit cards, mortgages, and unsecured personal loans. Aparna will be leading the risk portfolio across the BharatPe Group of companies, including the merchant and consumer businesses. She will be working closely with the CFO and interim CEO, Nalin Negi, to further build a robust lending vertical at BharatPe.

Aparna is one of the highly respectable professionals in the banking and financial services industry. Prior to joining BharatPe, Aparna was the Chief Risk Officer at SBI Cards for 14+ years, where she led a number of key projects. Under her able leadership, the company’s portfolio grew by more than 20X. She was also a part of the leadership team that took SBI Cards public. Aparna managed the entire spectrum of risks facing the company in a fast changing and unpredictable environment. She also defined the risk appetite framework for the company in partnership with frontline business and operational groups as well as working closely with the Risk Management Committee of the Board. She also ensured that Credit, Operational, Fraud, Regulatory and Information security risks are defined, measured, reported, and monitored closely. Aparna also managed the Technology Risk function through the CISO organization by managing the physical and cyber security policies and practices. She also worked extensively on improving the security architecture and posture of the company. Prior to working with SBI Cards, Aparna was Director, Credit Policy, at Ameriprise Financial. She has also held leadership roles at ABN AMRO Bank and Bank of America. Aparna is a Masters in Finance & Control from the University of Delhi.

Commenting on the appointment, Nalin Negi, CFO and interim CEO, BharatPe said, “ At BharatPe, we are committed to addressing the US$ 380bn credit gap for MSMEs and small merchants. In the coming months, we will aggressively focus on building the lending business across Bharat as well as roll out a range of credit products for our merchant partners and consumers. Aparna with her in-depth understanding of all facets of risk strategy, credit policy and portfolio management, as well as extensive industry and product knowledge, will play a vital role in the next phase of our growth story as well as helping us in becoming IPO ready. Additionally, Aparna’s understanding of the consumer side of financial services will help us build cutting-edge products that are not only relevant, but also are risk aversive. Lastly, her expertise in managing the technology risk will ensure we build highly secure products for our merchant partners and consumers. On behalf of the leadership team at BharatPe, I would like to extend a very warm welcome to Aparna.”

Amit Jain, who is currently the Chief Risk Officer of BharatPe will be working closely with Aparna and will be investing more of his time on collections and underwriting, from a merchant standpoint.

Added Aparna, “BharatPe’s success story in the fintech industry is a case study in itself. In just 4+ years, the company has emerged as one of the biggest flag bearers of digital payments and B2B lending in the country. Today, it has an entrenched network of over 1 crore merchants in 400+ cities. The company has also done phenomenal work in facilitating credit to merchants – with over Rs. 8000 crores worth of loans facilitated to lakhs of merchants across the country. I am really excited to be a part of the promising organization and spearhead the risk and credit strategy for the BharatPe Group of companies. I look forward to working with the team to build new products, that will make a huge impact on millions of unbanked and underserved businesses and play a key role in making India a truly Digital economy.”

FINBOURNE Technology today announces a new partnership with market-leading investor voting Fintech, Tumelo. Integrating Tumelo’s voting technology into FINBOURNE’s cloud-native investment management data management platform, LUSID, will help fund managers better understand and reflect investors’ voting interests.

The partnership aims to contribute to greater shareholder democracy, as investors seek to become more active owners of the companies that form their pensions and investments. With increasingly diverse views on sustainable investing, investors are now demanding more say over the issues that matter to them; from board elections to climate change.

Backed by Fidelity International Strategic Ventures (FISV), Tumelo’s API-driven platform delivers fund managers a cost-effective way to provide voting capabilities for retail and institutional investors. Armed with real-time vote reporting, fund managers can leverage Tumelo’s flexible voting products to establish more robust stewardship communication and alignment with investors, as well as stay ahead of anticipated regulatory changes.

Made available through FINBOURNE’s Modern Financial Data Stack, the partnership enables fund managers to understand the issues and resolutions that matter to underlying investors, by capturing investor preferences, through pass-through voting or expression of wish. This ability will prove invaluable as they look to forge long-term relationships with existing clients and attract new investors.

The integration will deliver unrivalled access to aggregated investor vote preference data, vote policy information and investor voting insights. Importantly, it will not only support managers in meeting their fiduciary duties efficiently but also opens the door for investment firms to consider the role they may play in addressing ESG and sustainability challenges.

Will Goodwin, a co-founder at Tumelo, commented: “Tumelo was created with the ambition to achieve greater shareholder democracy for all investors. Having worked very closely with the industry to build a suite of products that solves a real problem for the industry, it’s clear that effective stewardship is at the heart of achieving this vision. We provide fund managers with an unmatched opportunity to better understand and build trust with investors, adding value to the relationship and helping them to attract and retain a diverse client base.”

Alokik Advani, Managing Partner, Fidelity International Strategic Ventures (FISV), commented: “What is exciting about Tumelo is the use of cloud technology to increase shareholder engagement. This has mass appeal across a growing global community of members, trustees and investors who want to express their views and values. Integrating this capability within FINBOURNE’s open investment data management platform, provides a valuable tool for fund managers, to respond to increased investor demands for democracy and greater dialogue, in a controlled and intuitive way.”

Matthew Luff, Head of Partnerships at FINBOURNE Technology, adds: “Fund managers perform best when they create products their customers want and can meaningfully engage with. In an industry where transparency and accountability are becoming paramount, enabling our clients to understand what investors are prepared to vote on is both an exciting and a necessary step. We are pleased to offer this service through our partnership with Tumelo and enable our clients to create positive change through valuable data insights.”

OKX, the world’s second-largest crypto exchange by trading volume and leading Web3 technology company, today published its fourth monthly Proof of Reserves (PoR) showing $8.6 billion USD held by the exchange in BTC, ETH and USDT.

OKX users showed significant interest in viewing the reserves as well as using open-source tools to check their liabilities, with over 175,000 unique users visiting the PoR page and over 90,000 unique users verifying their liabilities are accounted for in the PoR. Third party data again shows that OKX holds the largest 100% clean asset reserves among major exchanges.

Current OKX reserve ratios:

• BTC: 104%
• ETH: 104%
• USDT: 102%

As with all OKX PoR reports, users are able to view OKX’s February PoR on its website, including reserve ratios for new and historical data. Reserves and liabilities can be self-verified with trustless tools on the OKX website.

OKX Managing Director of Financial Markets Lennix Lai said: “We are proud to continue the monthly publishing of our Proof of Reserves in line with our unwavering commitment to transparency and trust here at OKX. Our data shows that hundreds of thousands of our users have taken an active interest in viewing our historical reserves and using open-source tools to verify their liabilities are included. Proof of Reserves is far from a niche topic - it is of vital importance to building user trust and we are dedicated to ensuring OKX shows continued leadership in this area.”

OKX has published thousands of addresses for its Merkle Tree PoR program, and will continue to use these addresses to allow the public to view asset flows. The OKX PoR protocol is open source and available to the public on Github. Additional OKX holdings can be viewed on the OKX Nansen Dashboard.

As part of its commitment to transparency, OKX will continue to publish PoR monthly.

For further information, please contact: media@okx.com

What is Proof-of-Reserves?

Proof of Reserves is a report of crypto assets that ensures the custodian (OKX) holds the assets it claims to hold on behalf of its users. OKX uses the Merkle tree (hash tree) to prove this claim in two ways. First, users can find their balance in the tree and prove their assets are held in the total OKX balance. Second, the total OKX balance is compared to the publicized OKX on-chain wallet balance to determine Proof-of Reserves.

What are 'Clean' Reserves?

Assets are considered “clean” in PoR when a third-party analysis determines they do not include an exchange's platform token, and are solely made up of high market cap “traditional” crypto assets such as BTC, ETH and USDT. Blockchain analytics firm CryptoQuant monitors PoR across the industry, and found OKX’s assets to be “100% clean.”

Nordigen, an open banking data provider and a GoCardless company, has teamed up with Fintellect, a financial app that helps businesses to manage and forecast their finances.  

Through Nordigen's APIs, businesses can use open banking to connect their bank accounts to the Fintellect app. This will allow them to see their bank balance and expenditure in real-time in one easy-to-use dashboard. 

The Nordigen integration allows Fintellect to incorporate bank data from more than 2,400 European banks in one step -- cutting down a process that could take days or even weeks to just a few seconds -- to ensure their users across more than 10 countries can easily and efficiently access bank account data. Thanks to the Nordigen integration, Fintellect users can see up to two years of their account history in addition to current transactions, enabling them to better manage and forecast their finances. 

"Open banking is at the heart of our app; it's the pipe that feeds the bank account data into our dashboard. That's why it was vital to choose the best provider, one with reliable, high-quality APIs, a simple integration, and the ability to serve multiple markets. That led us to Nordigen. Thanks to its open banking connections, Fintellect users can access an up-to-the-minute picture of their financial position and forecast future cash flow, both of which will help them improve the quality and speed of their decision-making," says Danylo Golota, co-founder and CMO at Fintellect.

"At Nordigen, we are passionate about empowering small businesses to reach their full potential. Our collaboration with Fintellect is a testament to our commitment to helping small businesses increase the efficiency of their operations and make better, more informed decisions powered by open banking data. We are proud to be a part of Fintellect's journey and we look forward to supporting its growth and success," says Rolands Mesters, co-founder and CEO of Nordigen.

Client Onboarding Platform Sikoia Raises $6M in Seed Round

Sikoia, a London-based unified data platform designed to simplify client onboarding and risk evaluation, has raised $6 million in seed funding. The round was led by MassMutual Ventures, with participation from Coalition Capital and existing investors Earlybird and Seedcamp. The Sikoia platform centralises client financial and identity data to simplify onboarding and verification, monitoring, and risk evaluation.

Plaid Execs and Institutions Join AdalFi $7.5M Funding Round as it Helps Banks to Ramp Consumer and Business Loans Across Pakistan

Less than 4% of Pakistani consumers and businesses take bank loans. Helping banks offer their customers real-time loan products, Pakistan’s first end-to-end digital lending infrastructure provider AdalFi is announcing a $7.5 million funding round. The funding round was led by COTU Ventures, Chimera Ventures, Fatima Gobi Ventures and Zayn Capital alongside angel investors including execs from Plaid. 

PhonePe Raises $100M at $12B Valuation

Weeks after a $350 million raise, Indian digital payment platform PhonePe has secured another $100 million in funding at a $12 billion valuation. The ongoing round was joined by Ribbit Capital, Tiger Global and TVS Capital Funds. PhonePe says it expects further investment to follow. The money will be used to scale up PhonePe's payments and insurance businesses in India, as well as to launch and aggressively scale in new sectors like lending, stockbroking, ONDC-based shopping and account aggregators over the next few years.

InsuranceDekho Raises $150M in Series A Funding

InsuranceDekho, India’s leading Insurtech player, said it has raised $150 million in Series A funding consisting of a mix of equity and debt, the largest ever series A round by an Indian Insurtech company. The equity round was led by Goldman Sachs Asset Management and TVS Capital Funds with participation from Investcorp, Avataar Ventures and LeapFrog Investments.

Juniper Square Completes $133M Fundraise to Fuel Innovation and Growth in Private Markets

Juniper Square, the leading provider of partnership enablement for the private funds industry, announced it has raised $133 million in growth capital. This investment was led by Owl Rock, a division of Blue Owl, with contributions from existing investors Ribbit Capital, Redpoint Ventures, and Felicis Ventures and new investors Fifth Wall and Pappy Capital.

Fintech Omnio Raises €12 Million in Advance of Planned Merger with Nordiska and Swiss Bankers

Omnio, a leading innovator in Banking-as-a-Service, has completed a 9m Euros equity funding. Omnio will keep the round open for selected investors, targeting a total of 12m Euros. Omnio is a fast-growth pre-IPO banking infrastructure leader based in London, England. Omnio builds on its pioneering Banking-as-a-Service offering, including its loyalty platform Domec and the Sercle business, the credit union platform, serving 135 financial institutions and over 1.5 million members of its credit unions, consumer brands and banking customers.

Partnerships

Gate.io is Fully Integrated with Copper’s ClearLoop Network

Gate.io is now fully integrated with Copper.co's ClearLoop solution. This integration will serve as a mutual benefit to both parties, as institutional clients can utilize Copper.co's technology to deploy capital on the exchange and trade immediately, while also maintaining independent custody of their funds with Copper. Over the past 10 years, Gate.io has become one of the top and fastest-growing crypto exchanges.

ConsenSys Partners with Mercuryo to Offer Seamless Crypto Purchases within MetaMask

ConsenSys, a market-leading Web3 company and Mercuryo, a leading crypto payments company, have announced an integration within MetaMask that will allow MetaMask users to bypass mainstream exchanges and buy crypto tokens with bank cards, Apple Pay, and various bank transfer methods directly in their wallets. This aims to simplify purchasing digital assets thanks to instant checkouts and easier user onboarding.

IXOPAY Partners with DPO Pay

Leading payment orchestration platform provider IXOPAY, and DPO Pay, a leading financial technology solutions provider, announced their partnership. The cooperation will focus on enabling businesses of all sizes to extend their geographic footprint in Africa and the Middle East region by facilitating streamlined transaction processes and payment services. DPO Pay is a market leader in the online payments space in Africa and Middle East, and has over 100,000 merchants using its products.

Froda, Lunar and Visa Unveil Innovative SME Lending Solution

The fintech company Froda has formed a partnership with Visa to develop a brand-new loan solution for businesses. Initially, Froda and Visa are joining forces with the Nordic digital bank  Lunar. Within the framework of the partnership, Lunar’s customers gain access to business loans through Froda’s proprietary embedded lending platform, featuring direct payments and repayments via Visa’s card.

Fluid Partners with Sumsub to Streamline Identity Verification and AML Compliance

Fluid Finance, a fintech company headquartered in Geneva, has partnered with Sumsub, a global all-in-one verification platform, to enhance user onboarding and ensure bulletproof fraud protection. Fluid’s aim is to create a new financial model by combining traditional and digital finance. Strict compliance, Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures are integral to Fluid’s user-focused approach, which has security and fraud prevention at its heart.

iDenfy Partners with Today’s Crypto to Offer Seamless Identity Verification

iDenfy, a tech startup providing AI-based ID verification and fraud prevention services, announced joining forces with Today’s Crypto, a streaming platform designed for the cryptocurrency community. iDenfy will ensure a frictionless onboarding process without creating compliance risks. Video and audio streaming platforms have gained massive support from a great audience looking for convenient, easily accessible information.

Experian Accelerates Open Data Strategy with Envestnet | Yodlee API Collaboration

Leading global information services company Experian has announced the appointment of data aggregation and analytics platform Envestnet | Yodlee® as its official Open Data API provider in Australia. The collaboration will enable Experian to integrate the APIs necessary to access data from data holders under the Consumer Data Right (CDR), including the Big Four banks as well as more than 70 leading Australian financial institutions. 

Adyen Broadens Partnership with FREE NOW to Power New Visa Corporate Travel Cards

Adyen, the global financial technology platform of choice for leading businesses, announces that it has broadened its partnership with FREE NOW, Europe’s leading mobility platform, to offer card issuing for mobility. With Adyen’s issuing capabilities joining FREE NOW’s toolbelt, the company aims to streamline mobility benefits on behalf of its enterprise customers, who will be able to provide corporate cards to employees as an all-encompassing transport benefit.

Shieldpay Partners with Fenergo to Achieve Perpetual Due Diligence and Scale Operations

Fenergo, the leading provider of digital solutions for Know Your Customer (KYC) and Client Lifecycle Management (CLM), and Shieldpay, the market leading fintech solving high value, complex B2B payments, announced their partnership. The companies are working together to realise a comprehensive CLM system and perpetual risk monitoring, as Shieldpay scales its operations.

Computop Enables the Smartphone as a Card Terminal with Computop PhonePOS

Retail customers of the international payment service provider (PSP), Computop, will now be able to use smartphones at the POS to accept contactless payments. With the new Computop PhonePOS solution, which will be debuted by Computop (Hall 6 booth E24) at the EuroShop trade fair in Dusseldorf (26 Feb-2 Mar) secure PIN entry will allow retailers to accept payments over £50 or 50 euros.

Trustly and APEXX Global Partner to Offer Modernised Recurring Payments Experience

APEXX Global, (“APEXX”), the multi-award-winning Payment Orchestration Platform, has partnered with Trustly, the global payments platform for digital account-to-account (A2A) transactions, to offer Trustly’s recurring payments method to merchants across global markets. Trustly’s solution, provided through APEXX Global’s orchestration platform, is set to transform the Direct Debit experience for APEXX merchants and customers.

Cloud Processor Powerhouse Enfuce and E-commerce Disruptor Starcart Revolutionise Online Shopping with Embedded Payments

Enfuce, the European card issuing and processing powerhouse, has been selected by disruptive Finnish e-commerce aggregator start-up Starcart to offer its retailers and shoppers the speed, security and convenience of embedded virtual card payments. The partnership is set to transform the way in which consumers shop online, by combining Enfuce’s stand-out embedded payments strengths with Starcart’s unique business model that sets it apart from marketplaces and other e-commerce platforms.

Soldo Selects Form3 for SEPA Capabilities to Boost European Customer Growth

Soldo, the London-based fintech creating the next generation of payments and expense management solutions, has selected Form3, the cloud-native account-to-account platform, to provide SEPA Credit Transfer and Instant connectivity. Soldo’s upgraded SEPA capabilities will allow it to update its payment technology to boost customer growth as its business expands, taking advantage of SEPA Instant adoption mandate in 2023.

NoCFO Selects Nordigen to Help Entrepreneurs and Small Businesses Improve Decision-making

Nordigen, an open banking provider and a GoCardless company, has signed accounting software firm NoCFO to provide entrepreneurs and small businesses a more intelligent way to manage their books and run their business. NoCFO can now offer users access to their business banking transaction data, directly within nocfo, its easy-to-use accounting platform, via Nordigen’s open banking connections.

Launches

DNA Payments Partners with Mastercard to Launch a New Product Click to Pay

Fintech DNA Payments, one of the largest independent, fully vertically integrated omnichannel payments companies in the UK, has partnered with Mastercard to deliver Click to Pay for merchants across the UK and Europe. Mastercard Click to Pay offers a simple and secure checkout experience giving consumers instant access to their preferred cards on every device, eliminating the need to manually enter card details or remember passwords.

Diner’s Club Launches Ecuador’s First Digital Bank in the Cloud with Temenos

TEMENOS announced that Diner’s Club Ecuador has gone live with Temenos Core Banking, Payments and Analytics on the cloud with Amazon Web Services (AWS). The completion of the project marks the launch of Diner’s Club Ecuador as the first digital bank in the country.Diners Club Ecuador was the first issuer of credit cards in Ecuador, and has become its largest provider, processing 75% of the country’s credit and debit card transactions.

​​​​​​Vayana Network Subsidiary Hylobiz Launches Operations in Indonesia, Partners with Accurate and Brankas

Vayana Network, one of India’s largest trade finance platform, announced the expansion of their international business operations via their subsidiary arm, Hylobiz. A B2B supply chain network, Hylobiz launched its business in Indonesia in partnership with Accurate and Brankas. This partnership will empower businesses in Indonesia with connected business software, especially accounting & POS (point of sales), and connected banking services for faster cash collections and strong cashflow, enabling steady business growth.

Solvo Launches Smart, Simple and Easy-to-Use Crypto App

Solvo, an EU-based cryptocurrency startup, announced the official launch of the Solvo app, which is now live and available to download on the App Store for users in the EU and United Kingdom. Solvo is seeking to turn crypto-curiosity into crypto-capability by bringing the best of the best of crypto to everyone with a straightforward, transparent and easy-to-use entry point. Through Solvo, users can purchase easy-to-understand financial products and build their understanding of cryptocurrencies.

Merger & Acquisition

Noventiq Completes the Acquisition of Seven Seas Technology

Noventiq, the global digital transformation and cybersecurity solutions and services provider, announced that the acquisition of UAE-based Seven Seas Technology (SST) has been closed. In June 2022, Noventiq (the new trading name for Softline Holding PLC) signed an agreement to acquire Seven Seas Technology. The transaction strengthens Noventiq’s presence in the Middle East and Africa, as part of its global expansion through M&A.

Saudi Fintech Hala Acquires UAE Paytech Paymennt.com

The fast-growing Saudi Arabia-based regional FINTECH, Hala today announced that it has acquired, through its holding company, United Arab Emirates Paymennt.com during the second edition of the Largest Global Technology event – LEAP 2023. Paymennt.com, previously called PointCheckout established in 2017 and cofounded by Bashar Saleh and Tarek Ghobar, is a payment service provider, regulated by the Abu Dhabi Global Market’s RegLab, and with offices across UAE and Jordan.

Zopa Acquires DivideBuy in 2023 Embedded Finance Push

Zopa is set to acquire DivideBuy’s point-of-sale (POS) finance technology and lending platform. The transaction, which will complete in the next few months, marks Zopa’s first acquisition. Embedded finance is a $7.2 trillion opportunity globally, according to Dealroom. The deal is expected to increase Zopa’s revenue by at least 20% in the next few years. This move is a response to the consumer's need to simplify their finances.

Job Moves

BlueFire AI Appoints Fintech Connex as Adviser

Building on an already successful relationship, BlueFire AI, the award-winning provider of artificial intelligence for capital markets participants, appoints Fintech Connex as its adviser. The two firms will work closely together as Bluefire builds on its excellent traction with clients and investors. Luke Waddington, CEO, Bluefire AI said: ‘’This is an exciting time for our firm. The Fintech Connex team brings valuable experience to support us in this next stage of the firm’s expansion”.

New Chief Financial Officer Appointed at Deko to Further Strengthen Executive Leadership Team

Deko, the multi-lender Buy Now Pay Later (BNPL) platform, has appointed Joseph Tucker to the position of Chief Financial Officer. He brings a wealth of experience having held senior positions at a number of high-profile financial services organisations. Prior to joining Deko, he held several roles at NewDay, one of the UK’s biggest credit card issuers, specialising in investor relations, financial reporting, analytics and corporate strategy.

Lloyds Bank Appoints New Head Of Invoice And Asset Finance Sales

Lloyds Bank Business & Commercial Banking has strengthened its Specialist Client Solutions team with the appointment of Tim Biddle as Head of Invoice Finance and Asset Finance Field Sales. Tim will be responsible for helping to shape the execution of Lloyds Bank’s Invoice Finance & Asset Finance sales strategy, and will lead its UK-wide team as they deliver invoice and asset finance products that enable firms to drive growth by quickly freeing-up working capital and funding new business-critical assets.

Dragonfly Financial Technologies Announces Three Key C-Level Hires as Part of its Double-Digit Growth

Dragonfly Financial Technologies Corp., a digital banking and treasury management FinTech, announced three new C-level team hires as part of its double-digit employee growth. Dragonfly welcomed La Dell Diaz as chief legal officer (CLO), Derly Gutierrez as chief information security officer (CISO) and Carolina Reddy as chief administration and risk officer (CARO). In addition to this growth, Dragonfly has also expanded its partner ecosystem and product portfolio.

VizyPay Appoints New Directors, Grows Leadership Team Across the Country

VizyPay, a leading payment processing fintech for America’s small businesses, announces the expansion of its leadership team with the addition of Director of ISO Partnerships Ricky Onofre, Regional Directors Tod Kellen and Regional Director Erik Martinez. Together they will bring VizyPay’s services across the Midwest by delivering transparent, cost-saving payment processing services to small town businesses.  

Pia Kumlin Becomes Country Head of EFA’s Nordic Office

EFA is pleased to announce that Pia Kumlin has joined EFA’s Nordic office, based in Stockholm, as Country Head. Starting on the 1st of February 2023, she will lead the existing team with the objective of strengthening client relationships and further develop not only Sweden but the entire Nordic market.