PayTech

Kriya FinTech secures £50m in debt financing to revolutionise B2B payments

Kriya FinTech secures £50m in debt financing to revolutionise B2B payments

Kriya, a prominent player in the FinTech sector, has made headlines by securing a substantial £50m debt facility.

Sunwest Bank launches visionary card with Torpago and Marqeta technology

Sunwest Bank, known for its commitment to entrepreneurial businesses, has embarked on an innovative journey with Torpago and Marqeta. 
Mesh's digital asset solutions attract significant investment from PayPal Ventures

Mesh’s digital asset solutions attract significant investment from PayPal Ventures

Mesh, a leading provider of embedded finance solutions, has recently announced a strategic investment from PayPal Ventures.
FinMont and Justt tackle chargeback issues with AI automation

FinMont and Justt tackle chargeback issues with AI automation

FinMont, a pioneer in the global payment ecosystem, has formed a strategic alliance with Justt, a front-runner in AI-powered solutions for chargeback disputes.
Science Card collaborates with UCL for breakthrough funding model

Science Card collaborates with UCL for breakthrough funding model

Science Card, a UK-based neobank, is pioneering a unique science funding infrastructure, specifically by enabling socially-conscious financial transactions through its e-money current account app. In a groundbreaking move, Science Card has joined forces with the Department of Mechanical Engineering at UCL (University College London), a renowned institution leading in scientific research and innovation.
Mondu amplifies European growth with €30m in additional financing from VVRB

Mondu amplifies European growth with €30m in additional financing from VVRB

Mondu, the burgeoning B2B payments company, has successfully secured an additional €30m in debt financing from the German financial institution, Vereinigte Volksbank Raiffeisenbank (VVRB). This new injection of funds raises Mondu's total financing to €50m, following an initial €20m loan obtained from VVRB in late 2022.
Snabble teams up with Softpay.io for enhanced mobilePOS experience

Snabble teams up with Softpay.io for enhanced mobilePOS experience

Snabble, a pioneer in mobile Point of Sale (POS) technology, announces a strategic partnership with Softpay.io, a renowned SoftPos provider based in the Scandinavian region.
Synchrony amplifies FinTech footprint with latest acquisition

Synchrony amplifies FinTech footprint with latest acquisition

Synchrony, a premier consumer financial services company, and Ally Financial, a leader in digital financial services, today announced a definitive agreement for Synchrony to acquire Ally's point-of-sale financing business.
Payhawk, the global spend management solution, has obtained a licensed Electronic Money Institution (EMI) status in the United Kingdom.

Payhawk obtains UK EMI license and announces new leadership additions

Payhawk, the global spend management solution, has obtained a licensed Electronic Money Institution (EMI) status in the United Kingdom.
Alviere and Onafriq forge strategic alliance to boost financial inclusion in Africa

Alviere and Onafriq forge strategic alliance to boost financial inclusion in Africa

Alviere, a trailblazer in the embedded finance platform sector, has recently announced a strategic partnership with Onafriq, which is hailed as Africa's most extensive digital payments network.

News Stories

Slow week for FinTech, with just $350m raised across 10 deals

It was a slow week for FinTech deals, with just $350m raised across 10 deals.  This represented a significant drop from the previous weeks. A...
How Majesco made the transition to becoming an AI-first company

How Majesco made the transition to becoming an AI-first company

While hype around AI has intensified recently, it has been around for decades, albeit confined to more niche and specific technology branches that lacked...
Allianz UK simplifies digital trading for SME brokers

Allianz UK simplifies digital trading for SME brokers

Allianz UK, the insurance giant, has refreshed its Complete Business proposition for digital trading, aiming to make it quicker and more straightforward for brokers...
WBS extends Quai Digital deal with fractional dealing

WBS extends Quai Digital deal with fractional dealing

WBS, a UK-based provider of dealing, custody and technology solutions for the investment sector, has agreed a five-year extension to its partnership with Quai...
Cardless strengthens executive team for next growth phase

Cardless strengthens executive team for next growth phase

Cardless, an AI-powered financial services platform that enables brands to launch and manage co-branded card programmes, has appointed Mark Troianovski as chief business officer...

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