April 14, 2024 @ 1:17 pm By Omar Faridi  |  

Barclays has reportedly led Funding Xchange’s (FXE) Series B round, which is said to be open to a number of FXE clients. The fundraising is bringing together key investors and will aim to enhance FXE and its ability to drive ecosystem adoption. This reportedly includes… Read More

 Tagged barclays, funding round, funding xchange, uk, united kingdom

April 14, 2024 @ 11:07 am By Omar Faridi  |  

Pactio, the digital infrastructure for private markets, has raised $14 million (£11 million) in a Series A round led by EQT Ventures. Private equity industry insiders and tech angels also participated in the oversubscribed round, “including former Stripe Europe CEO Matt Henderson and Volt founder… Read More

 Tagged funding round, pactio, private markets, uk, united kingdom

April 14, 2024 @ 10:45 am By Omar Faridi  |  

Satago, a Fintech that provides Working Capital solutions, and mmob, the universal API adaptor, announced the launch of a new partnership. This collaboration enables lenders and corporates “to embed Satago’s flexible Invoice Finance and Cash Flow solutions, using mmob’s hyper-efficient integration capabilities.” Designed to take… Read More

 Tagged embedded finance, mmob, satago, uk, united kingdom

April 14, 2024 @ 10:29 am By Tony Zerucha  |  

Verituity, a provider of payout solutions, this week announced the integration of Mastercard Move, Mastercard’s portfolio of domestic and international money transfer solutions, into its payments platform, enabling near real-time payouts for commercial banks and payers. According to Mastercard’s Borderless Payments Report, one-third of consumers… Read More

 Tagged Ben Turner, mastercard, Mastercard Borderless Payments Report, Mastercard Move, sherri haymond, Verituity

April 14, 2024 @ 10:05 am By Michael Wong  |  

Global fintech platform iCapital, which is renowned for driving the world’s alternative investment marketplace, has announced a strategic partnership with global credit specialist Bain Capital Credit, L.P. This collaboration is set to provide financial advisors and high-net-worth investors with enhanced access to a suite of… Read More

 Tagged Bain Capital Credit, icapital, wealth management

April 13, 2024 @ 2:10 pm By Tony Zerucha  |  

Tabs, an accounts receivable platform for B2B businesses, this week announced a $7 million seed funding round led by Lightspeed Venture Partners. This brings the company’s total amount raised to $12 million, including a pre-seed round from Primary Ventures. The investment will fuel Tabs’ mission… Read More

 Tagged accounts receivable, Ali Hussain, Justin Overdorff, lightspeed ventures, Sebastian Hart, Tabs

April 13, 2024 @ 1:48 pm By Michael Wong  |  

Former Prime Minister Thaksin Shinawatra endorsed the new digital wallet initiative, suggesting it could be a significant boon for Thailand’s sluggish economy, according a report by The Nation. Speaking at the Kiattiocha Restaurant in Chiang Mai province, where he was joined by his sisters and… Read More

 Tagged digital wallet, New Digital Wallet, payments, thailand

April 13, 2024 @ 1:45 pm By Michael Wong  |  

Alfa-Bank has achieved a significant technological milestone by becoming the first bank in Russia to launch its mobile banking application, Alfa-Online, on the domestic Aurora operating system, now updated to its fifth version. This initiative marks a notable advancement in the integration of Russian-developed technology… Read More

 Tagged alfa-bank, aurora, banking, digital bank, fintech, russia

April 12, 2024 @ 3:36 pm By Omar Faridi  |  

Nuvei Corporation (Nasdaq: NVEI), the Canadian Fintech company, announces that its Singapore entity, Nuvei Singapore Pte Ltd, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore. This new license enables Nuvei to “operate three types of payments services in… Read More

 Tagged nuvei, nuvei corporation, payments, singapore

April 12, 2024 @ 9:15 am By Omar Faridi  |  

Scotiabank announced an expanded partnership with Google Cloud, naming it the enterprise cloud platform of choice for the next phase of the Bank’s cloud acceleration journey. The bank will leverage Google Cloud technology “to enhance client and employee experience, strengthen Bank security, and adopt new… Read More

 Tagged digitalization, financial services, google cloud, scotiabank