Trade finance industry body ITFA sets up fraud prevention working group
The group will be co-chaired by representatives from the banking sector as well as from fintech firm MonetaGo.
The group will be co-chaired by representatives from the banking sector as well as from fintech firm MonetaGo.
The solution will enable large corporates to provide payment alternatives to their business customers.
The fresh financing follows a $150 million debt facility from Goldman Sachs in August last year.
The unicorn’s latest push in Rwanda follows its bid to expand across East Africa.
Livi Business offers SMEs and entrepreneurs access to “fast, simple and personalised” financial services.
Bloomberg says Broadway’s solutions “will fill a gap” in its product portfolio.
Truzo says it will close its next round of funding in Q2 2023.
The deal will see BaaS and open banking together into an embeddable payment solution for B2B mass payments.
With the new funds, Apexx Global plans to expand further across North America.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Through the partnership, Giact says it will be able to deploy Nacha-compliant account verification solutions.
The acquisition will help Orion bring in open banking solutions and expand its digital and core banking capabilities.
Our weekly fintech round-up for you to get the latest funding news from around the world.
A handy round-up of the recent funding endeavours of fintech companies across the UK.
Through the partnership, Mashreq will leverage i2c’s SaaS platform to offer digital payments.
O’Connor Kolaja replaces former CEO Craig O’Neill, who is set to move to an advisory role within the firm.
With Confirmation of Payee, Allica customers will be protected from fraud and misdirected payments.
Lenvi is a combination of Equiniti’s EQ Credit Services, EQ Riskfactor, and EQ KYC Solutions.
Swiatek joins Moniepoint from Capital One, where he served as managing vice president for over four years.
Founded in 2020 and based in Paris, Aria offers an API-led B2B financing solution.
The round was led by Pivot Investment Partners and UBS via its venture arm UBS Next.
Griffin will now be able to operate as a bank in the UK with deposit-taking restrictions.
N2F is looking to expand across Europe and will recruit 200 new employees over the next five years.
The company plans to grow its loan book and boost its staff headcount.
A handy round-up of all the latest funding endeavours by fintech companies across the world.
Lucena has previously worked for financial services firms including Binance, Rapyd, Worldpay and PayU.
Quantifind’s SaaS solutions help banks and financial institutions tackle money laundering and fraud.
Almaeeli has held several senior roles at Sinnad, most recently as general manager for more than 11 years.
Jolly joins Xero from Okta, where she served as CPO.
Westpac aims to leverage AWS’ tech to accelerate its digital transformation.
With the funds, Pagos plans to expand its engineering team and develop its product suite.
Marco says the combined funding will support its ambition to “close the $2 trillion global trade finance gap”.
Rosén will be tasked with further developing Medius’ existing product suite as well as delivering new products.
The round was co-led by General Catalyst and Menlo Ventures.
With the partnership, the bank says it will be able to offer customers a secure connection to external apps.
Via the partnership, the pair have developed Santander PathFinder, an automated investment management tool.
Euronext has submitted an “indicative offer” to Allfunds’ board of directors.
With the partnership, Clarency’s global customers will be able to send and receive payments on the Swift network.
A handy round-up of this week’s fintech funding news from across the world.
Goldfeder brings more than two decades of experience working in the private and public sectors.