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Form3 Completes $60M Series C Extension, With New Investment From British Patient Capital And Existing Shareholders

Form3, the cloud-native account-to-account platform, today announces a new investor, British Patient Capital. Alongside existing strategic and financial investors including Visa, Form3 has now raised a total of $60m in C-series extension funding to continue its growth journey. This funding will enable Form3 to develop new products and services to help support exponential growth in…

Venture & Investment · SEP 13, 2024 · 1 min read

Tech Mahindra and Discai to Deliver AI-Powered Anti-Money Laundering Solution for Global Financial Institutions

Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announced a strategic partnership with Discai, a BankTech company and 100% subsidiary of the KBC Group. The partnership will deliver a comprehensive, AI-powered Anti-Money Laundering (AML) solution that is developed, tested and validated to enhance transaction monitoring and ensure…

FinTech · SEP 12, 2024 · 2 min read

Deverium Secures €2M to Tackle Cross-Border Identification Issues

Deverium, a Lithuanian identity verification company, has received €2 million in EU funding to develop a cutting-edge digital identity platform. This initiative aims to create a leading distributed, reusable digital ID solution to address complex international identity verification challenges. The names of the firms involved in the funding remain undisclosed. Deverium, alongside its partner Corner…

Venture & Investment · SEP 12, 2024 · 2 min read

AutoRek Collaborates with Calastone to Simplify Fund Reporting for Investment Firms

AutoRek, a leading automated financial controls platform, has partnered with Calastone, the largest global funds network, to improve and simplify the consolidation and reconciliation of fund manager data, through the use of Calastone Reporting, helping investment firms to save time and costs. The partnership aims to help firms reduce risk and operational inefficiency in their business…

FinTech · SEP 11, 2024 · 2 min read

Silverflow and Chesapeake Bank partner to deliver advanced payment processing solutions

Silverflow, the innovative cloud-native payment processing company, has struck a new partnership with Chesapeake Bank, a community bank renowned for its commitment to embracing innovation in payments. This collaboration aims to provide Chesapeake Bank’s ISO clients with a modern, high-performance, and robust payment processing solution. By leveraging Silverflow’s state-of-the-art processing platform, Chesapeake Bank, through its division,…

FinTech · SEP 11, 2024 · 3 min read

National Savings Week: ‘Soft saving’ trend growing in the UK, new Loqbox data reveals

Marking National Savings Week, Loqbox, the UK’s leading credit-building business, has unveiled exclusive research that sheds light on the evolving savings habits across the country. This study reveals a significant shift in how younger generations are approaching their finances, prioritising present-day comfort and well-being over traditional long-term savings. The survey, conducted in partnership with Censuswide,…

FinTech · SEP 10, 2024 · 4 min read

payabl. Introduces Payment Accounts to Simplify Financial Operations for Businesses

payabl., a leading European financial services provider, today announced the launch of its Payment Accounts, a cloud-based, API-first solution designed to help businesses of all sizes manage their day-to-day payment needs within a single easy-to-use platform. As businesses expand internationally, they encounter challenges such as high currency conversion costs, foreign exchange risks, and the complexity of…

FinTech · SEP 10, 2024 · 2 min read

Ecommpay Unveils New Brand and Website, Championing Inclusivity and Accessibility in Payments

Ecommpay has unveiled a fresh new look, designed to reflect its dynamic growth and commitment to the future of payments. The rebrand includes a new logo, color palette, and website structure, all aimed at enhancing the customer experience. As part of its “Ecommpay for Good” initiative, the company has focused on inclusivity, ensuring the new…

FinTech · SEP 10, 2024 · 1 min read

Griffin announces move to general availability, opens up BaaS platform to UK fintechs

Griffin, the UK’s leading bank for fintechs, today announced it is opening its platform up to UK fintechs as it concludes its early access programme, Foundations. As a licensed UK bank and Banking-as-a-Service (BaaS) provider, Griffin enables companies to seamlessly embed banking products like payments, savings, safeguarding and client money accounts, and unlock more revenue…

FinTech · SEP 10, 2024 · 2 min read

Galileo Introduces Instant Account Verification and ML Risk Score for Enhanced Security

Galileo Financial Technologies, a leading financial technology company and a subsidiary of SoFi Technologies, Inc. (NASDAQ: SOFI), is delivering fintechs, banks and businesses new ways to fight fraud with the launch of Galileo Instant Verification Engine (GIVE) and Transaction Risk GScore. As digital transactions surge and cyber threats evolve, these tools offer fintechs, financial institutions…

FinTech · SEP 10, 2024 · 4 min read

BPC is Recognised in Independent Research Report “Merchant Payment Providers in Asia Pacific, Q3 2024”

BPC, a global leader in payment solutions, is proud to be included in the Forrester report, “The Merchant Payment Providers in Asia Pacific Landscape, Q3 2024.” This comprehensive report provides an in-depth overview of the merchant payment providers landscape in the Asia Pacific region, examining the significant value these vendors bring to the industry. Forrester…

FinTech · SEP 9, 2024 · 2 min read

finally Secures $200M in New Funding Round

Miami-based SMB-focused startup, finally, has successfully raised $50 million in a Series B funding round and secured an additional $150 million credit line, as reported by TechCrunch. This latest financing comes just seven months after the fintech company announced a $10 million funding round, bringing Finally’s total raised since its 2018 inception to $305 million—comprising…

Venture & Investment · SEP 9, 2024 · 3 min read

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