Rainforest, a Payments-as-a-Service (PaaS) platform, announced the closing of an $11.75 million seed funding round led by Accel, with participation from Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, Ardent Venture Partners and a number of strategic angels. The investment round includes “a $3.25… Read More
Payments as a service provider, Answer Pay, has reportedly made key appointments to bolster its plans “to support the growth of Request to Pay across Europe.” Following on from the recent award of grant funding from the UK government’s Department for International Trade and its… Read More
Software is “changing the world,” according to an update from UK Fintech Modulr. Modulr writes in a blog post that thanks to Cloud computing and the rise of SaaS (Software as a Service), businesses are now “powered by virtual services rather than having to invest… Read More
Volante Technologies, a provider cloud payments and financial messaging, has revealed findings from its payments modernization survey aimed at mid-tier banks and credit unions in the U.S. with assets between $2.5 billion and $25 billion. The results show real-time payments connections are expected to triple… Read More
Accenture (NYSE: ACN) has reportedly made an investment, via Accenture Ventures, into Imburse, a Cloud-powered, payments-as-a-service enterprise platform that aims to simplify the way businesses gain access to the international payments ecosystem. Established in Zurich, Switzerland in 2018, Imburse works cooperatively with various insurers, banking… Read More
U.S.-based fintech Broadridge Financial Solutions announced on Monday it has formed a partnership with Germany-based payments consultancy and supplier PPI AG to launch a joint payments initiative for banks and financial institutions in Europe. Broadridge claimed that the new solution has already secured its first… Read More
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