IG Group names Adam Wheelwright as new CTO
Wheelwright was previously the CIO of the UK Health Security Agency.
Wheelwright was previously the CIO of the UK Health Security Agency.
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A handy round-up of the recent funding endeavours of fintech companies across the globe.
PostFinance customers can now access regulated, bank-grade cryptocurrency services.
The Malaysian payments platform plans to boost its global expansion and further develop its tech.
Launched in 2021, Wellet is a card payment app that uses similar technology to UTP Group’s Tapeeno.
Enigio’s solution creates digital documents that can be used where an ‘original’ document is required.
US Bank and Kyriba clients can now send instant payments to vendors, customers and employees.
With the new funding, TerraPay plans to expand its services in Latin America and the MENA region.
The partnership will enable people and businesses in Africa to receive real-time payments from Nigeria.
Also taking part in the round was existing investor Sumitomo Mitsui Trust Bank.
In his previous role, Bring served as CCO at paytech Nuvei.
Liberty Bank says the move to Alkami’s platform is a “crucial step” in its complete tech stack overhaul.
The start-up has been self-funded by its co-founders, with $20 million in capital.
Vemanti will deploy Finastra’s Fusion Essence solution, with plans to launch initially in Vietnam.
The Series A follows a pre-seed funding round held last year, when it raised £5 million.
The implementation process and the go-live took place over six months, both firms say.
Founded last year and based in Puerto Rico, FUEX Payments operates in the Caribbean and Latin American markets.
According to both firms, the partnership is the first between a bank and a fintech in Saudi Arabia.
The funding was disclosed in a recent filing with Singapore’s Accounting and Corporate Regulatory Authority.
Visa has reportedly submitted a bid of $1.4bn after an initial offer of $1bn was rejected by Pismo.
The firm plans to roll out its business payments, expense management and current account products throughout Europe.
The Thailand-based wealth management firm will deploy the Swiss vendor’s Temenos Wealth solution.
Saudi National Bank was the largest shareholder in Credit Suisse before it was taken over by UBS.
If the pilot is successful, JP Morgan intends for a wider rollout to US merchants in 2024.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Fischer brings more than 35 years of enterprise technology experience to the role.
While the popularity of neobanks has surged in Western Europe, the Southeast remains relatively free of competition.
The Series A funding brings the total capital raised by the firm to €28 million.
The fresh funding forms part of PhonePe’s ongoing fundraise of up to $1 billion in capital.
The firm claims it can enable businesses to streamline their payments and save on transaction fees.
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.