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Tonik, a leading neobank in the Philippines, continues to set new benchmarks in digital banking with rapid growth, operational excellence, and groundbreaking customer experience enhancements — powered by Finastra’s Essence core banking solution. With a vision to drive financial inclusion in Southeast Asia, where over 70% of the population remains unbanked or underbanked, Tonik has…
Nqoodlet, KSA’s Leading Business Prepaid Card Solution, has successfully closed a $3 million seed funding round, led by Waad Investment, with participation from OmanTel, 500 Sanabil Investment, Oqal, Seed Holding Company and several strategic angel investors. Through this funding, Nqoodlet aims to accelerate its growth in the fintech sector by advancing product development, expanding its customer base, and strengthening its…
Founded in 2022 by Anne-Laurence and Karl Zanclan, Qileo is the first ethical corporate account that allows French companies to no longer choose between business and impact. They can manage their finances with peace of mind, save valuable time with pre-accounting features, and measure and reduce their carbon emissions through the tool’s recommendations. While liquidities invested in…
payabl., a leading European financial technology provider, today announced its partnership with Sift, the AI-powered fraud platform delivering identity trust for hundreds of businesses worldwide. This integration allows payabl.’s customers to benefit from real-time fraud prevention powered by artificial intelligence driving growth while reducing risk. By integrating Sift’s fraud prevention technology into payabl.’s platform, merchants now…
TreviPay, the most-trusted B2B payments and invoicing network, today announced its Pay by Invoice program with Northern Tool + Equipment, a major supplier of tools and equipment. The partnership powers the new Northern Tool Commercial Account program designed exclusively for businesses to provide greater flexibility and convenience in managing payments. The net terms program enables businesses net…
Three game-changing startups – an architectural designer developing biodiversity-boosting building materials, an adaptive fashion brand empowering the disabled community, and a savings platform for new parents – have been named the winners of the Start Up Idea of the Year competition, launched by Monzo Business and Enterprise Nation. Selected from nearly 3,000 entries, the winners…
FINOM, a European digital financial platform for small and medium-sized businesses, announced a €92.3 million ($105 million) growth investment from General Catalyst’s Customer Value Fund (CVF). This investment deepens General Catalyst’s long-standing partnership with FINOM and builds on its existing board role, bringing added strategic and operational support as the company scales. “Having General Catalyst as our…
AltNovel, the Abu Dhabi-based private markets platform regulated by the Financial Services Regulatory Authority (FSRA), today announced that it has partnered with 3iQ, the global digital asset investment manager, to launch the AltNovel Digital Access Portfolio, the first ever digital asset Multi-Strategy Fund in the Middle East. Designed for professional qualified investors, the fund will combine 3iQ’s…
Cardstream, a leading fintech, has partnered with Mastercard to enhance its white-label Payment Facilitation-as-a-Service (PFaaS) platform and enable its customers to offer open banking payments to merchants and retailers across the UK. With this innovation, acquirers, payment facilitators, and payment channels using Cardstream will be able to offer their merchant customers the option to accept open banking…
PayFuture, the innovative payments platform connecting global businesses with emerging markets, has appointed Sanda Laicena as Group Chief Legal Officer (CLO). With over 30 years of experience spanning financial services, fintech, and legal sectors, Sanda has held senior leadership positions at both established financial institutions and high growth fintech companies across diverse international markets. Sanda…
Fingular, a Singapore-based global financial group, renowned for its disruptive role in accelerating financial inclusion and fintech innovation, and TESS Payments, one of the key fintech players in Qatar, are thrilled to unveil the Brand for their joint global Shariah neo-lending project in Qatar and beyond at the Dubai Fintech Summit, the world’s prominent Fintech…
myTU, a fully automated, AI-native and cloud-first digital bank, has been granted acquiring licenses from both Visa and Mastercard, furthering its mission to build a scalable, secure, and innovative payments-as-a-service infrastructure for partnering businesses. This milestone will enable myTU to process card payments directly through its own acquiring infrastructure, across e-commerce platforms, retail stores, and POS terminals. Securing…
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