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Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc. (NASDAQ: SOFI), today announced it is arming fintechs with wire transfer capabilities, enabling them to better serve consumers and businesses by offering another option for fast, secure money movement. Through its wire transfer API, Galileo connects fintechs partnering with Community Federal Savings…
EBANX, a global technology company specializing in payment services for rising markets, today announced a partnership with Zuora, a leading monetization suite for modern business, helping to enable payment processing in some of the fastest-growing digital markets in the world. The collaboration aims to support the global expansion of Zuora’s customers by enhancing local payment methods…
Money transfer fintech Nala has secured $40 million in Series A funding to support its global expansion and enhance payment reliability to Africa by developing its own payment infrastructure. The funding round was led by Lauren Kolodny of Acrew Capital, with participation from DST Global, Amplo, and previous investors. Notable fintech founders such as Ryan…
New research from Airwallex and Skift reveals that 66 percent of travel executives believe inefficient payment systems are harming their profits. With 70 percent finding cross-border customer payments more challenging due to new payment methods, and these transactions making up at least a quarter of their revenues, upgrading payment technology has become a key focus,…
Volante Technologies, the global leader in payments as a service, today announced that Azqore, a business and technology partner for wealth managers, has selected Volante’s Payments as a Service (PaaS) to deliver SEPA instant payments and ISO 20022 messaging services to its customer base. Azqore and Volante started working together when Azqore selected Volante’s low-code…
Outpayce, an eMoney institution licensed in Spain, has selected Mambu‘s cloud banking platform to launch a multi-currency digital wallet, simplifying the end-to-end travel payments experience. Amadeus, a global travel tech leader, launched Outpayce last year to enhance its B2B travel payments business, processing over $160 billion in payments globally in the past year. Securing its…
End-to-end payments platform, Ecommpay, has added a new feature that will allow merchants to collect recurring PayPal payments from customers alongside subscription card payments and direct debits which they have been using to date. The new feature will serve merchants with subscription-based business models, which are selling a product or a service on a recurring…
The integration reinforces NatWest’s commitment to leveraging innovative technologies to deliver seamless, simplified, and secure customer experiences. Setting a precedent for other UK banks, NatWest Bank will use OneID®’s bank-verified digital identity solution for NatWest’s Structured Finance business in Sweden, Finland and Norway. The solution brings certainty of identity that transcends borders. Now, any individual…
Ethos, a financial services company dedicated to ethically minded consumers in the UK, has partnered with Thought Machine, the cloud-native banking technology company, to launch a Shariah-compliant digital service. Ethos will deploy Thought Machine’s next-generation core banking platform, Vault Core, to offer seamless and real-time Shariah-compliant financial solutions accessible via mobile devices. Initially targeting Muslim…
BitOasis, the Middle East and North Africa’s (MENA) leading virtual assets trading platform announced a successful acquisition by CoinDCX, India’s largest crypto exchange. BitOasis has previously received a strategic investment from CoinDCX in August 2023. The two market leaders joining forces marks a first-of-its-kind, transformative deal in the MENA region. Combined with the company’s newly…
IDVerse, a pioneer in generative AI identity solutions, celebrates a significant milestone as TrustID, a proven expert in identity verification and fraud prevention, joins its growing roster of clients. TrustID, leading certified identity service provider (IDSP) and industry veteran, has chosen IDVerse to further progress the capabilities of its human-in-the-loop identity services, setting a new…
Netevia, a leading fintech company specializing in innovative payment solutions, is pleased to announce that it has raised up to $120 million in committed and uncommitted capital from WhiteHorse Capital, a premier private investment firm; the new funding consists of various debt facilities designated to complete key acquisitions, rollout new products and execute on strategic initiatives. “We are thrilled…
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