PayTech

fintech-news

PayCommerce nabs $22m for enterprise remittance

Enterprise cross-border payments network PayCommerce has raised $22m in an investment from Tritium Partners.

Dublin Plynk nabs ?725,000 for P2P payments

Irish peer-to-peer payments startup Plynk has raised ?725,000 in a seed round of funding.The capital comes from Delta Partners, Enterprise Ireland, the National Digital...
fintech-news

Returnly takes $3.25m to turn returns into repurchases

Californian FinTech solution for e-commerce Returnly has raised $3.25m in a seed round of funding.
fintech-news

Pay By Group picks up $3.4m to split bills

Payments splitting service Pay By Group has raised $3.4m in its seed round. The San Francisco-based startups is an alumni of 500 Startup’s accelerator programme.
fintech-news

Toast snaps up $1.5m for South-East Asian remittances app

Singapore-based remittances startup Toast has picked up $1.5m in a pre-Series A round led by Aetius Capital. The round also saw contribution from US VC 1776 and financial services firm Pepper Group.
fintech-news

CurrencyFair picks up €8m for P2P currency exchange

Peer-to-peer currency exchange marketplace CurrencyFair has closed €8m in a new round of funding. The capital comes from existing backers Octopus Ventures and Frontline Ventures.
fintech-news

Capital One continues FinTech shopping spree with Paribus buy

Capital One is acquiring price tracking startup Paribus in an undisclosed deal. The deal follows the banks’ previous acquisition of startups including Bundle, Level Money and Adaptive Path.
fintech-news

MasterCard launches payments service for Chinese students

MasterCard is making it easier for Chinese users to pay for tuition and other costs in the US through a new partnership with online payments service Plastiq.
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Alipay preparing to enter Europe

Alipay, the online and mobile payments service operated by Alibaba subsidiary Ant Financial, is expanding into Europe.
fintech-news

Remitr scoops up $1m to expand remittances into new regions

Remitware Payments has raised $1m in funding from a lengthy list of angel investors across the US, UK and India.

News Stories

Validata and Temenos enhance bank reconciliation with extended technology partnership

Validata and Temenos enhance bank reconciliation with extended technology partnership

Validata, a leading provider in AI-driven reconciliation and data management tools, has partnered with Temenos, a banking software developer. 

Corpay boosts market presence with strategic Paymerang acquisition

Corpay, which offers corporate payments, has officially announced its intent to acquire Paymerang, a top provider of accounts payable automation solutions.
Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds have made a robust start to the year, with the Morningstar Canada Sustainable Fund Landscape for Q1 2024 reporting an impressive $193.3m in inflows.
Pomelo and Thunes innovate cross-border finance with new digital wallet solution

Pomelo and Thunes innovate cross-border finance with new digital wallet solution

Bloomberg today unveiled a groundbreaking tool on the Bloomberg Terminal that enables investors to scrutinize portfolios, funds, and indices through sustainability thresholds tailored by the users themselves.
“The top 10 banks for AI talent currently account for 51% of the overall banking industry talent pool—a huge advantage when it comes to AI adoption. This concentration of AI talent has real consequences. If the banks that lag behind cannot close the gap, the race to implement AI will become an uphill struggle.”

US banks are surpassing European counterparts in AI talent growth

In the past six months, the world's foremost banks have expanded their AI talent by 9%, a rate that doubles their overall headcount growth, according to a survey from Evident.

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