Company News

Magic

PayPal Ventures backs Magic with $52m for web3 revolution

Magic, a Wallet-as-a-Service (WaaS) provider, has recently successfully secured $52m in a strategic funding round.

Napier to supply AML and CFT services to Australia Post

London-based intelligent compliance technology developer Napier has been chosen by Australia Post to support its anti-money laundering (AML) and counter-terrorism financing (CTF) services.

PayTech Mobi724 to acquire LatAm marketplace Avenida

FinTech Mobi724 Global Solutions has entered into an agreement to acquire all the shares of Avenida Compras for $4m.

honcho has launched to transform car insurance in a new “revolutionary” way

Reverse-auction marketplace app honcho has launched to make car insurers bid against each other for the privilege of insuring customers.
Rippling

Workforce management leader Rippling raises $200m at $13.5bn valuation

Rippling, a renowned player in the workforce management software sector, has successfully closed a substantial $200m funding round.
Mosaic

Mosaic garners $26m for AI-driven financial decision-making platform

Mosaic, a strategic finance platform for real-time data analysis and collaborative financial planning, has recently raised $26m.

HIPS Payment Group partners with Banking Circle

, which delivers ground-breaking financial infrastructure for Payment businesses and Banks,

Novus links with ecolytic to unveil sustainable banking app in UK

UK banking app Novus has teamed with sustainability-as-a-service provider ecolytiq to launch the former’s sustainable banking app in its native market.

North Korea denies UN cryptocurrency hacking allegations and compares the accusers to Hitler

Last month, a UN report claimed North Korea had hacked banks and cryptocurrency exchanges. Now, the country denies it. The report claimed that Pyongyang’s nuclear and...
Swisscom, a leading telecommunications provider in Switzerland, now expanding its services into the insurance sector with Sure.

Swisscom expands its services into insurance sector with Sure

Swisscom, a leading telecommunications provider in Switzerland, now expanding its services into the insurance sector with Sure.

News Stories

Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut Business has announced that its global revenues now exceed $500m (£380m), alongside monthly transaction volumes of £17bn.
Palm secures $6.1m seed funding to enhance enterprise treasury management

Palm secures $6.1m seed funding to enhance enterprise treasury management

Palm, a financial technology firm based in Sweden and the Netherlands, has recently announced a significant milestone in its journey.
MidWestOne Bank enhances digital customer onboarding with Temenos SaaS on AWS

MidWestOne Bank enhances digital customer onboarding with Temenos SaaS on AWS

MidWestOne Bank, headquartered in Iowa and servicing around 140,000 customers across four states, has successfully implemented Temenos Digital Onboarding as Software as a Service (SaaS) on Amazon Web Services (AWS).
Consumer Duty

One year on: How has Consumer Duty impacted the industry?

On July 31 last year, the long-awaited Consumer Duty legislation came into effect in the UK, following months of preparation and industry attention.
Six ways tech is revolutionising M&A for insurers

Six ways tech is revolutionising M&A for insurers

Mergers and acquisitions (M&A) have long been pivotal strategies for growth within the insurance sector, enabling firms to expand their market presence, enter new territories, and secure competitive advantages.

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