FinTech

SumUp Strengthens Merchant Services with In-App Investing Feature

The new feature aims to enhance financial flexibility for merchant clients.Highlights: SumUp introduces in-app investing for merchant clients.The feature aims to support financial growth and flexibility.Clients can easily manage...

Aveni Selected by Quilter to Enhance Operations with AI

New partnership streamlines advice operations for Quilter using AI technology.Highlights: Quilter partners with Aveni to implement AI solutions.The...

Venmo Strengthens Global Transfers by Allowing Payments to PayPal Accounts

Venmo users can now send money internationally to PayPal accounts.Highlights: Venmo now allows users to send money to...

Talos and Nasdaq Strengthen On-Chain and Off-Chain Collateral Workflow

New partnership enhances digital asset handling and collateral management.Highlights: Talos and Nasdaq collaborate to streamline collateral workflows.Partnership aims...

FCA Restricts Use of Sensitive Data in AI Trial with Palantir

Regulatory concerns arise over data handling protocols in AI trials.Highlights: FCA criticized for using sensitive data in AI...
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Ncontracts snaps up Quantivate for an undisclosed sum

Acquisition Announcement:Ncontracts, a US-based risk, vendor, and compliance management software provider, has acquired Quantivate.Strategic Move:Ncontracts aims to strengthen its position...

Credit Karma co-founder Nichole Mustard reportedly departs firm

Leadership Departures:Nichole Mustard, co-founder and chief revenue officer of Credit Karma, has left the company. Mustard, along with two other founders, launched...

UK’s PSR proposes cross-border interchange fee cap

The UK's Payment Systems Regulator (PSR) proposes a new cap on cross-border interchange fees. Visa and Mastercard, responsible for 90% of online transactions...

French fintech Unlimitd boosts financing capacity to €100m as ACP takes majority stake

Majority Stake Acquisition: Absolute Capital Partners (ACP) acquires a majority stake in Paris-based fintech Unlimited. Financing Boost: ACP provides Unlimitd with a new financing...

Søren Westh Lonning joins B2B spend management platform Pleo as CFO

Pleo appoints Søren Westh Lonning as new CFO. Lonning, previously an advisor, joins during a period of high growth. Despite a workforce cut...

Saudi BNPL fintech Tamara lands $340m Series C funding at $1bn valuation

Tamara, a Saudi fintech platform, secures $340 million in a Series C funding round. The funding round, co-led by Sanabil Investments and SNB...

Central Bank of Colombia partners ACI Worldwide for real-time payments system

Partnership Announcement: The Central Bank of Colombia, Banco de la República, collaborates with global payments software firm ACI Worldwide. Technology Selection: ACI's Enterprise Payments Platform...

First Bank taps Backbase for engagement banking platform

First Bank Partnership with BackbaseFirst Bank, based in St. Louis, US, has implemented the Backbase Engagement Banking platform for a seamless, digital-first...

Mexican SME payments platform Kapital raises $40m Series B

Kapital raises $40 million in Series B equity financing and secures a $125 million debt facility. Led by Tribe Capital, the funding round...
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