Payments

Firenze Raises $6M to Strengthen Lombard Lending for Mass Affluent

Funding aims to enhance lending solutions for wealth management.Highlights: Firenze has raised $6 million in funding.The investment will enhance Lombard lending services.Targeting mass affluent clients alongside wealth management.Firenze,...

Fundtech Strengthens Leadership at Payments Infrastructure Provider Otoma

Fundtech appoints a new management team to enhance Otoma's operations.Highlights: Fundtech has appointed a new management team at...

Ripple Strengthens Post-Quantum Readiness for XRP Ledger by 2028

Focus on enhancing security measures against future quantum computing threats.Highlights: Ripple plans to prepare the XRP Ledger for...

New York Suits Coinbase and Gemini Over Prediction Markets

The state targets two major crypto exchanges regarding regulatory compliance.Highlights: New York has filed lawsuits against Coinbase and...

Cash App Strengthens Parental Control with Managed Accounts for Kids

New feature allows parents to set up and oversee accounts for their children.Highlights: Cash App introduces parent-managed accounts...
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Mambu Acquires Numeral to Boost Payment Solutions and Expand Market Reach

Mambu Acquires Numeral: Dutch core banking technology provider Mambu has acquired French paytech Numeral to enhance its payment solutions and expand market reach....

FinTech Funding News: HUB2, Schuman Financial, Sandbox Wealth, and More Secure Key Investments

HUB2 Raises €8 Million: African fintech start-up HUB2 secured €8 million in Series A funding, led by TLcom Capital, to streamline payments for...

WadzPay Secures $36.7M from GEM to Drive Global Growth

Blockchain SaaS provider WadzPay Worldwide has secured a $36.7 million capital commitment from GEM Global Yield through a share subscription facility (SSF). The...

Beacon Launches Digital Wallet for Immigrants Moving to Canada

Toronto-based fintech Beacon is set to launch Beacon Money, Canada’s first digital wallet dedicated to new international residents, in January 2025. The wallet simplifies...

Minu Secures $30M Series B to Expand Wellness Platform in Mexico

Minu, a Mexican employee wellness platform, raised $30 million in a Series B round led by QED Investors, with participation from FinTech Collective,...

Cardstream Appoints Gurinder Sumra as CFO to Drive Growth

UK-based paytech Cardstream has named Gurinder Sumra as its new chief financial officer (CFO). With over 30 years of experience in financial services,...

Navro Expands Global Reach with Canadian FMSB Registration

Canadian Approval: Navro, formerly Paytrix, has secured a Foreign Money Services Business (FMSB) registration in Canada, enabling it to offer money transfer services...

TrueLayer Cuts Workforce Amid Profitability Push and $50M Funding Boost

Workforce Reductions: TrueLayer, an open banking payments company based in London, laid off 71 employees—roughly 25% of its workforce—in September to streamline operational...

Celero Commerce Acquires Precision Payments to Expand SME Payment Solutions

Acquisition Announcement: US fintech Celero Commerce has acquired Precision Payments, a payment solutions provider for SMEs, to broaden its offerings and enhance its...
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