Infrastructure & Enterprise Software

Visa, a global leader in digital payments, has signed a definitive agreement to acquire Pismo, an operational cloud-native issuer processing and core banking platform in Latin America, Asia Pacific, and Europe.

SumUp, a global financial ally serving over 4 million businesses, has entered a partnership with Form3, a leading cloud-native account-to-account payments platform.

CAB Payments, a leading player in business-to-business (B2B) money transfers, has entered the public domain, brandishing a valuation of £851m, thereby injecting much-needed dynamism into London's somewhat subdued initial public offering (IPO) markets.

Shinkansen, a burgeoning FinTech start-up hailing from Chile, has recently celebrated the successful closure of a seed investment round.

Numarics, a Zurich-based firm known for developing an AI-powered "business OS", has raised €10.2m. Notably, the company has acquired four businesses this year and aims to broaden its expansion across the DACH region by engaging in more M&A activities and developing its range of services.

Zuvy, a dynamic Nigerian invoice financing company, has bagged a substantial $4.5m in a debt and equity funding round. The firm, known for its innovative approach to managing invoice software and providing discounting services, has drawn global investors keen on supporting its mission.

Amidst the rapid boom of Artificial Intelligence (AI), its increasing integration into societal structures and business models prompts crucial conversations on technology risks. MAPFRE, a multinational insurance company, has embarked on comprehensive research to understand these risks and to identify measures that could assess, monitor, and mitigate these risks, thereby enabling the deployment of Responsible AI (RAI).

The revolution in Revenue Operations (RevOps) continues to gather pace, with the announcement that Revcast has secured a $3m seed funding round.

The leading software provider, Airbase, and TravelPerk, a rapidly expanding global travel management platform, have declared their integration aimed at streamlining business travel expenditure.

Unit21, a risk and compliance infrastructure company, has recently announced the successful completion of a $45m series C funding round. The investment round, led by global investment firm Tiger Global and entrepreneur community South Park Commons in 2022, was a significant boost for the organisation.