OpenFX Announces $23M Round to Enhance Cross-Border Payments

OpenFX, the FX infrastructure company revolutionizing cross-border payments, announced its emergence from stealth with $23 million in funding led by Accel, with participation from NFX, Lightspeed Faction, Castle Island Ventures, Flybridge, Hash3 and strategic fintech investors. This milestone follows the company’s “growth from $0 to… Read More

UK Payments Fintech Dojo Announces $190M Investment from Vitruvian Partners

Dojo, the UK payments technology provider, announces it has secured an investment of $190 million from Vitruvian Partners, a global growth investment firm. The investment marks the first equity raise in Dojo’s history. The funds enable Dojo to accelerate the company’s growth in the UK… Read More

UK Adults Increasingly Focused on Savings, Investments – Survey

A quarter of adults in the UK are ‘silent savers’, preferring to keep financial matters private and rarely discussing savings or investments with others, according to research by KPMG UK and the charity National Numeracy. The study of 2,000 UK adults which also found that… Read More

UK’s NatWest Group Introduces Initiative to Help Younger Consumers Take Control of Finances

NatWest Group has announced the expansion of NatWest Thrive with a new digital platform designed “to empower the next generation to take control of their financial futures.” NatWest Thrive, which started as a youth club program, now “combines over 30 years of community initiatives –… Read More

Fintech Stripe Enables UK Business Growth with Global Money Management Capabilities

Programmable financial services company Stripe showcased its latest products to accelerate the growth of British businesses, “including a major expansion of its money management capabilities, tools to make it easier to trade internationally, and the world’s first AI foundation model for payments.” UK businesses are… Read More

Palla Secures $14.5M Series A to Enhance Cross-Border Payments

Palla, an international payments platform that enables instant cross-border payments for global financial institutions and fintech firms, announced today that it has raised $14.5 million in a Series A funding round. The funding round was led “by Revolution Ventures, with participation from Y Combinator, Ardent,… Read More

Conduit Announces $36M Series A to Leverage Stablecoins for Cross-Border Payments

Conduit, a cross-border payments platform powered by stablecoins, announced it closed a $36 million Series A funding round. The funding round was co-led by Dragonfly and Altos Ventures, “with participation from Sound Ventures, Commerce Ventures, DCG, Circle Ventures (the issuer of the USDC stablecoin) and… Read More

Block to Introduce Bitcoin (BTC) Payments on Square

Block, Inc. announced it will launch bitcoin payments on Square, marking a significant milestone in making bitcoin more “accessible and usable.” Bitcoin payments on Square will be showcased at Bitcoin 2025 in Las Vegas from May 27-29, where attendees can “experience this new feature firsthand… Read More

Cambridge Centre for Alternative Finance Celebrates 10 Years of Operation

The Cambridge Centre for Alternative Finance (CCAF), part of the Judge Business School at the University of Cambridge, is celebrating ten years of operations, having launched in 2015. While there have been several academic entities that have sought to journal the emergence and development of alternative finance, CCAF is the one that… Read More

Global Fintech Adyen Enables Tap to Pay on iPhone in Additional European Markets

Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, has officially enabled Tap to Pay on iPhone in seven new markets: Belgium, Croatia, Cyprus, Denmark, Iceland, Luxembourg, and Malta. The functionality allows businesses such as Suitsupply, an international men’s fashion brand with… Read More

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