PayTech

ConnectiveRx, acquires pharmacy benefit platform The Macaluso Group

ConnectiveRx, a patient and provider engagement company, has acquired pharmacy benefit platform The Macaluso Group (TMG).

Fair Square Financial collects $100m funding from Orogen Group

Fair Square Financial, which operates the Ollo credit card, has received $100m in funding from The Orogen Group.

Ripple launches investment arm/incubator to create XRP ecosystem

Ripple, a provider of blockchain solutions for the payments industry, has launched a new investment initiative to build an ecosystem around XRP cryptocurrency.

African payment provider Cellulant closes $47.5m Series C

The Rise Fund, a global impact investing fund managed by TPG Growth, has led a $47.5m Series C for African digital payment provider Cellulant.

Edison offloads Billtrust stake to W Capital Partners

Edison Partners has generated a more than 10-times return through the sale of Billtrust, a provider of payment cycle management solutions.

PumaPay raises $117m in private token sale

PumaPay has raised $117m in a private token sale through the deployment of 78 billion PMA tokens.

InnoCells acquires Spanish payments processor PAYTPV

InnoCells, the investment division of Banco Sabadell, has acquired Spanish virtual payments processor PAYTPV for an undisclosed amount.

E-commerce platform developer BorderX Lab nets $20m Series B

E-commerce platform developer BorderX Lab has raised $20m in its Series B funding round led by Kleiner Perkins.

TAPPP nets $5m in Series A led by ADvantage

Pre-paid card solution TAPPP has picked up $5m in its Series A round which was led by ADvantage Sports Tech Fund.

SHOP nets $2m investment from Reflective Venture Partners

Blockchain-enabled e-commerce company SHOP has netted $2m in an investment from Reflective Venture Partners.

News Stories

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.
video

What are the main concerns financial institutions should have around using AI?

As financial institutions look to increase their adoption of artificial intelligence (AI), they need to ensure they are able to trust the technology. These AI tools can have gain access to sensitive data and if the correct measures are not implemented, can cause a myriad of problems. 

Candriam launches ESG Market Neutral Fund targeting sustainability leaders

Candriam, a sustainability-focused asset management firm, has announced the launch of its new fund, the Candriam Equities L ESG Market Neutral Fund.
SEB

SEB launches global fund focused exclusively on sustainable investments

SEB has unveiled the SEB Global Sustainable Companies Fund, an index-linked global investment fund dedicated solely to sustainable companies.

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