Klasha names former PayPal exec Ayman Jawhar as new CPO
Jawhar’s appointment follows the recent hiring of Nile Younis as Klasha’s new chief commercial officer.
Jawhar’s appointment follows the recent hiring of Nile Younis as Klasha’s new chief commercial officer.
Finix raised the capital at an increased valuation “despite the more challenging economic environment this year”.
Get paid faster and reconcile invoices automatically with instant open banking payments.
The funding will support Ageras’ future strategic acquisitions and the expansion of its software suite.
The partnership aims to enable paperless communication across treasury and trade finance processes.
KeyBank says BlueSnap’s operating model will give clients the flexibility to process global payments.
Wagner will take over from current CEO Sven Lindemann on 15 August 2022.
CIBC customers will be able to securely share their financial data with third-party fintechs via an API.
The self-described “payments nerd” says he is leaving the payments industry after 41 years.
The Dozens app is set to close by the end of August.
The funding round was led by GIC, Singapore’s sovereign wealth fund.
The debt financing will boost its lending operations and accelerate its expansion throughout Latin America.
Retail Capital will form the foundation of an expanded business banking offering within TymeBank.
The new entity, set to be worth $480 million, will continue to be headed up by CEO Eliot Buchanan.
The partnership will boost the bank’s efforts to digitise and automate its documentary trade business.
The Central Bank of Kenya says the deal will “support the stability of Kenya’s microfinance banking sector”.
Paystand says the combined company “will redefine the boundaries of B2B fintech” across the Americas.
Clearco founders cite rising interest rates, high inflation and e-commerce growth slowdown as factors.
The Global Pay platform is currently available to US American Express small business card members.
Global Payments will acquire EVO in an all-cash transaction for $34 per share, or $4 billion in enterprise value.
Quartermaine joins from ACI, where he was director of merchant retail for Europe.
The strategic partnership will see the pair work together to “digitise the European payments space”.
According to The Wall Street Journal, a deal is far from certain and could be weeks in the making.
The fresh capital takes the company’s total funding to $87 million.
Mahalo Banking provides online and mobile banking solutions for credit unions.
Pramod Perumparambil will drive the company’s strategy to accelerate business growth.
The Series B round was led by an undisclosed “global fintech investor”.
The platform will allow users to make payments anywhere in the world.
Tavares has more than 20 years worth of experience across technology and engineering.
The firms say the move will enable banks to embed FX services “directly” into corporate and branch channels.
Barclay joins from Swedish open banking unicorn Trustly.
The funds will be used to support SaaS start-ups across the US and Europe.
FinTech Futures chats with Kim Walters, who led the building of Mojaloop’s software from the ground up.
The partnership will enable “nearly 30 million” Moroccan bank account owners to receive remittances.
The RiskNarrative platform will digitise a number of AML and KYC processes via a single API.
Funds will be used for product development and expanding across Europe, Asia and the US.
Sonovate says the deal will enable it to lend over £1.3 billion in invoices “this year alone”.
Lucinity says the funding will help expand its customer base, partner network and product offering.
The new capital takes Tesorio’s total funding raised to date to $37.6 million.
BII is the new name of CDC Group, the UK government’s development finance institution.