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As Brazil’s booming e-commerce market drives economic growth, it also exposes merchants and financial institutions to a growing wave of fraud and payment disputes. According to Visa Acceptance Solutions, fraudulent e-commerce transactions in Brazil averaged 60% higher in value than legitimate ones during the first half of 2024 – underscoring the financial severity of the…
Parloa, an innovator in Agentic AI for customer experience, today announced it has secured $120 million in Series C funding, bringing the company’s valuation to $1 billion. Durable Capital Partners, Altimeter Capital, and General Catalyst are leading this round with participation from EQT Ventures, RPT Capital, Senovo, and Mosaic Ventures. Founded in 2018 by Malte…
Allvue Systems, LLC, a leading provider of technology solutions for the alternative investment industry, today announced a significant investment in its data and artificial intelligence capabilities. Underscoring Allvue’s relentless drive to innovate, the company dramatically expanded its R&D budget over the past year, funneling a 70% year-over-year increase in R&D funding into AI, data, and analytics-driven initiatives for the alternatives…
Galileo Financial Technologies announced a partnership with Mercantil Banco, S.A. to spearhead a new era of digital banking. By leveraging Galileo’s cutting-edge Cyberbank Digital platform, Mercantil Banco will accelerate product innovation, elevate customer experiences, and introduce a suite of next-generation service offerings. This collaboration will transform how Mercantil Banco connects with its customers by delivering a secure…
BVNK, the global stablecoin infrastructure platform, announced today an investment from Visa (NYSE: V), a global leader in digital payments. The investment follows BVNK’s $50m Series B fundraise in December 2024, which was led by Haun Ventures, with participation from Coinbase Ventures, Scribble Ventures, DRW Venture Capital, Avenir and Tiger Global. “We’re proud to support…
BigCommerce (Nasdaq: BIGC), a leading provider of open, composable commerce solutions for B2C and B2B brands, retailers, manufacturers and distributors, today announced that Klarna, the AI-powered payments and commerce network, has become a global preferred payments partner. As a global preferred partner, Klarna will bring its flexible, interest-free payment options to merchants worldwide, enhancing the shopping experience…
dLocal (NASDAQ: DLO), a leading cross-border payment platform for emerging markets, announces today an expanded relationship with PayPal to offer businesses access to payment processing and local payment methods in more than 40 new untapped emerging markets. By leveraging dLocal’s platform, global customers of PayPal Enterprise Payments, previously known as Braintree, can now easily accept cards and…
Equifax UK has announced a strategic partnership with Render to launch a comprehensive data decisioning platform for lenders that uses Equifax credit bureau data and categorised Open Banking insights. The new platform – Clear Decision, powered by Render – will help lenders make more informed decisions based on customers’ individual financial circumstances, using a combination…
Brite Payments, a leading provider of instant payment solutions, has announced a strategic partnership with OXID eSales, one of Germany’s top e-commerce platform providers. The integration introduces Brite’s Instant Payments and Instant Payouts to OXID merchants via a seamless plugin. OXID eSales powers scalable and highly customizable online stores through its OXID eShop system, serving…
Jove, a pioneering UK-based insurtech company, has partnered with Chubb, a world leader in insurance, to introduce Jove’s first fully digital insurance programme on the Jove platform. The insurance programme is designed to support UK-based businesses and professionals within the technology sector. The programme provides insurance solutions for companies and contractors, helping address critical industry needs…
Your Co-op Travel and Travelex, a global leader in foreign exchange, have partnered to offer Your Co-op Travel customers and travel agents enhanced access to market-leading travel money services across the UK. From Thursday 1 May, Your Co-op Travel customers can enjoy exclusive member benefits that ensure a more value-driven, hassle-free travel experience, including preferable…
Rogo has announced a $50 million Series B funding round, led by Thrive Capital with participation from J.P. Morgan Growth Equity Partners, Tiger Global, and Positive Sum Ventures. The round also saw continued support from existing backers including Khosla Ventures, BoxGroup, and AlleyCorp, bringing the company’s total funding to $75 million. Rogo’s mission is as ambitious as it is clear: to build Wall Street’s first AI analyst….
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