January 13, 2024 @ 10:37 am By Michael Wong  |  

Prometeo, a Latin America-focused Fintech infrastructure firm, announced that it had secured $13 million in Series A funding led by Antler Elevate. The round also saw participation from new investors, including PayPal Ventures, Samsung Next, and partners from DN Capital, as well as continued support… Read More

 Tagged banking, fintech, latin america, payments, prometeo

January 13, 2024 @ 6:17 am By Omar Faridi  |  

Fill/ Refill, a Northamptonshire family-run manufacturer has received over £600k of financing from Metro Bank in order to “help it achieve its aspirations to be the most responsible closed-loop maker and supplier in the UK.” The independent business formulates, designs and “creates a range of… Read More

 Tagged metro bank, phillip kalli, tom kitching, uk, united kingdom

January 12, 2024 @ 10:37 am By JD Alois  |  

The pan-European payments Finteh Lemonway says it doubled revenue in 2023 when compared to 2022. During the year, Lemonway reports that it processed €9.6 billion, or a 24% increase compared to 2022. Lemonway works with some big names like SNCF. Decathlon, Drouot and others. In… Read More

 Tagged antoine orsini, damien guermonprez, france, lemonway, payments

January 12, 2024 @ 9:46 am By JD Alois  |  

Switzerland-based payments Fintech Rivero has raised a $7 million series A funding round, according to the company. The funding was led by 6 Degrees Capital and Inference Partners, with participation from PostFinance, Kraken Ventures, Seed X Liechtenstein, and former COO of Adyen, Robert Kraal, and… Read More

 Tagged payments, rivero, switzerland, thomas muller

January 12, 2024 @ 9:36 am By Omar Faridi  |  

Fenergo, the provider of digital solutions for client lifecycle management (CLM), know your customer (KYC) and transaction monitoring, released its annual findings on global financial institution enforcement actions, which reveal that “the value of penalties imposed on firms surged 57% in 2023.” Penalties for failing… Read More

 Tagged aml, crypto enforcement actions, fenergo, fines, insights, penalties, regulatory technology, research, Research Report

January 12, 2024 @ 8:31 am By Omar Faridi  |  

Ransomware incidents reported to UK financial regulators doubled in 2023, according to an extensive update shared with CI. A Picus Security FOI analysis of cyber incidents reported “to the Financial Conduct Authority reveals an increase in ransomware incidents in the first half of 2023.” Picus… Read More

 Tagged cybersecurity, europe, fca, PicusLabs, ransomware, research, Suleyman Ozarslan, uk, united kingdom

January 12, 2024 @ 3:14 am By Omar Faridi  |  

Andaria, a fintech company, is pleased to announce its collaboration with Mastercard (NYSE: MA) to empower its embedded finance proposition. This alliance with Mastercard signifies a considered to be “a major milestone and a pivotal role in Andaria’s mission to enhance the quality of its… Read More

 Tagged andaria, embedded finance, europe, mastercard, uk, united kingdom

January 12, 2024 @ 2:45 am By Omar Faridi  |  

Zebec, a Fintech startup, announces the launch of its Web3 payment and real-time payroll services in Japan. This move marks Zebec’s continued global expansion and “underscores its commitment to fostering collaborative financial innovation worldwide.” Japan, known for pioneering a regulatory framework “for digital finance, offers… Read More

 Tagged japan, Web3, zebec

January 12, 2024 @ 1:08 am By Omar Faridi  |  

Nu México is launching the option to receive money from the United States, in association with Felix Pago. This strategic alliance with Felix Pago simplifies “the process of sending money from the United States to Mexico and revolutionizes the landscape of cross-border money transfers, taking… Read More

 Tagged felix pago, latam, manuel godoy, nu mexico, nubank, payments

January 12, 2024 @ 12:10 am By Omar Faridi  |  

Currencycloud, the experts simplifying business in a multi-currency world, has partnered with multifi, the UK-based cashflow management platform, in order “to provide UK-based small and medium-sized businesses (SMBs) with an enhanced international payment solution, allowing them to seamlessly convert and send funds to their global… Read More

 Tagged aleks stefanofski, currencycloud, europe, multifi, rob keown-boyd, smbs, sme's, uk, united kingdom