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Embedded finance specialist, Weavr, has appointed Jon Burrell as its new Deputy CEO. With extensive experience across banking and fintech, Jon is ideally positioned to drive Weavr’s growth ambitions in 2025 and beyond. As Deputy CEO, Jon joins to accelerate the company’s next phase of growth, using his extensive experience in scaling financial services businesses…
Building on their previous collaboration, Mastercard and Checkout.com will join forces to facilitate seamless disbursements and payouts for individuals and businesses in the UAE. Leveraging Mastercard Move’s money movement solutions, Checkout.com will enable its customers to send funds directly to Mastercard cards in a fast, convenient, and secure way. The collaboration will facilitate a wide range of…
Unique (www.unique.ai), a vertical AI player creating a specialised agentic AI platform for financial firms, today announced the successful completion of its Series A funding round, raising USD $ 30 million. Unique’s total investment now stands at USD $53 million since its founding in 2021. This round is led by CommerzVentures and DN Capital, with continued support…
PXP, a leading omnichannel global payment platform, has announced an integration with Snowflake, the AI Data Cloud company, which will combine PXP’s cutting-edge technology platform with Snowflake’s platform capabilities to enable merchants and partners to better analyse business data and enable faster decision-making. With this collaboration, PXP will deliver a next-generation data engine that aggregates, visualises, and enables real-time interaction…
Marqeta, the global modern card issuing platform that enables embedded finance solutions for the world’s innovators and TransactPay, a BIN Sponsorship provider that is licensed as an E-Money Institution (EMI) to issue e-money and undertake payment services in the UK and European Economic Area, today announced that they have entered into an agreement under which…
inDrive, a global mobility and urban services platform, in strategic collaboration with Fingular, a Singapore-based global financial group, and Indonesian licensed Sharia peer-to-peer lending platform Ammana, has launched inDrive.Money in Indonesia, a financial service designed to support drivers. Through the inDrive app, drivers can access cash funding of up to 10,000,000 Rp, funded by Ammana,…
Yuno, the world’s leading payment orchestration platform, has signed a Memorandum of Understanding (MoU) with Snoonu, Qatar’s fastest-growing super app, at Web Summit Qatar today. This strategic agreement will elevate Snoonu’s payment infrastructure, reinforcing both companies’ commitment to innovation, security, and efficiency in digital transactions. The MoU comes on the heels of Yuno’s milestone announcement…
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) and solutions provider, is pleased to announce that Nambawan Super Limited (NSL), the largest superannuation company in Papua New Guinea, has successfully gone live with SmartStream’s Air application for AI data processing – to significantly improve data accuracy and operational efficiency. Before adopting SmartStream’s Air, NSL handled reconciliations…
Telr has partnered with Bank AlJazira to enhance digital payment solutions for its merchants, supporting Saudi Arabia’s push toward a cashless economy. This collaboration will streamline transactions, ensuring faster payments, advanced fraud protection, and a seamless checkout experience for businesses and their customers. By integrating Telr’s cutting-edge technology with Bank AlJazira’s robust banking infrastructure, businesses…
We’re thrilled to announce that Dodo Payments, the first Merchant of Record (MoR) platform tailored for India and emerging markets, has raised $1.1M in a pre-seed funding round. The investment was led by Antler, 9Unicorns, and Venture Catalysts, with significant participation from angel investors including Nitin Gupta (Uni Cards and PayU), Maninder Gulati (former Oyo…
Vistra, a leading provider of essential business services that help organisations to invest and grow efficiently and compliantly across the world and Airwallex, a global financial infrastructure and applications provider that enables businesses to grow without borders, today announce their collaboration on the Vistra Platform. Vistra and Airwallex have come together through their shared goals of empowering…
Trustly, the global leader in Open Banking, has revealed UK holidaymakers spent 230% more year-on-year on travel in January 2024 using the secure account-to-account payment technology. January is often the most popular month to book holidays with many businesses offering discounts at the start of the year. The research shows the growing use of Pay…
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