Velo Payments to acquire payment processing platform YapStone
The acquisition is subject to regulatory approvals and customary closing conditions.
The acquisition is subject to regulatory approvals and customary closing conditions.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Zolve’s telecom-financial offering is tailored for expats pursuing educational or professional opportunities in the US.
Hansen joins ConnexPay from PayPal, where he served as head of global sales and account management.
The acquisition makes Albo “the only neobank to offer debit and credit products for both consumers and SMBs”.
The bank says it wants to enhance the lending experience for its customers by moving to a single platform.
GoLogiq’s executive chairman Brent Suen says the acquisition “is the next of several in our pipeline”.
Croissant integrates into merchants’ shopping experiences to offer customers guaranteed buyback value at checkout.
Its digital commerce business is to be called NCR Voyix, while its ATM business will be known as NCR Atleos.
The latest investment follows Sylvera’s $32 million Series A round held in January 2022.
The partnership will see Stanford FCU leverage Agent IQ’s digital engagement platform Lynq.
With the new funding, Collective plans to accelerate AI deployment across its operations and add new features.
Citi Commercial Bank (CCB) says the new platform has been created “in close collaboration” with its clients.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Cohere.io’s entire team, including CEO Yunyu Lin, will join Ramp as part of the deal.
Blackbird.AI helps organisations detect and respond to threats that can cause reputational and financial harm.
With the latest funding, Paro has raised $67 million to date.
It will use the funding to accelerate growth, expand into the US market, and to expand its team.
The round was led by OMERS Ventures with participation from Founders Fund and General Catalyst.
Herman joins Dwolla from Accrete, an AI machine learning company, where he was CFO.
With the new funds, PayNearMe plans to to accelerate its growth and develop its payments platform further.
For Stori, it is the second debt facility from CIM, following a $75m debt facility in November 2021.
The agreement is subject to approval from the Bankruptcy Court, and any better offers Plastiq may receive.
The funding will be used to accelerate the adoption of OpenFin’s software across the financial services industry.
The round takes the Restaurant365 valuation to over $1 billion.
With the partnership, the bank aims to retain existing client deposits and attract new retail bank customers.
Founded in 2020, Zip helps companies streamline B2B purchasing and manage business spend.
8fig will use the latest funding to continue investing in small and medium-sized e-commerce businesses.
The bank will utilise Teslar’s tech to automate its commercial, consumer and agricultural lending workflows.
With the funding, Inbox Health plans on accelerating its growth by reaching out to more patients.
Slash claims over 20,000 entrepreneurs have signed up to its platform.
North American businesses will be able to accept real-time card payments directly on the Teams platform.
The new solution will allow Shopify merchants to pay and manage their bills without leaving the platform.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Clara has now raised a total of $160m in equity funding since it began operations over two years ago.
The round was led by Left Lane Capital, with participation from other investors.
The bank has deployed E6’s products to bring card issuing and processing to its customers.
Liberty Bank says the move to Alkami’s platform is a “crucial step” in its complete tech stack overhaul.
Our weekly fintech round-up for you to get the latest funding news from around the world.
The start-up has been self-funded by its co-founders, with $20 million in capital.