PayTech

Workforce health management company Collective Health bags $110m funding

Workforce health management company Collective Health has closed a $110m round of funding to support expansion of its technology platform.

5.2 billion digital wallets to be in use by 2026

There will be 5.2 billion digital wallet users by 2026 – up from 3.4 billion in 2022 – as ‘superapps’ drive adoption in developing countries, according to research from Juniper Research.

Tidal Commerce collects $4m in strategic growth capital

Tidal Commerce, a payments processor, has collected $4m in strategic growth capital from Super G Capital.
U.S. Eagle Federal Credit Union has launched an innovative state-of-the-art banking platform in collaboration with their partner Lumin Digital. 

U.S. Eagle Federal Credit Union launches Lumin Digital’s digital banking platform 

U.S. Eagle Federal Credit Union has launched an innovative state-of-the-art banking platform in collaboration with their partner Lumin Digital. 

LendingUSA picks up $200m to keep expanding its business

Point-of-sale financing provider LendingUSA has closed a new credit facility and received a total financing package of up to $200m from Atalaya Capital Management.

Sea completes $575m convertible senior notes sale

Asia-based digital services provider Sea has completed its convertible senior notes offering on $575m.
Financial-services-fear-fraud-rise-with-cost-of-living-crisis

Financial services fear fraud rise with cost-of-living crisis

Nearly half (43%) of financial services expect the cost-of-living crisis to increase the risk of financial crime and fraud over the next 12 months.
Chilean FinTech pioneer Fintoc secures $7m for bold Mexican market expansion

Chilean FinTech pioneer Fintoc secures $7m for bold Mexican market expansion

Chilean FinTech startup Fintoc, which specialises in instant payments via APIs, has successfully raised $7m in a Series A funding round. The investment is earmarked...
payments

How Gen Z and Millennials are reshaping payments in APAC

Compared to older generations, Millennials and Generation Z are digital-first generations and have grown up with technology. Amongst other things, this is reshaping the payments market.
Tyl by NatWest teams up with FSB to deliver cost-effective payment solutions for SMEs

Tyl by NatWest teams up with FSB to deliver cost-effective payment solutions for SMEs

Tyl by NatWest, a payment solutions provider known for its innovative technology and reliable service, has entered into a new partnership with the Federation of Small Businesses (FSB), a leading advocate for UK entrepreneurs and small businesses.

News Stories

Salt Bank selects Napier AI to enhance AML compliance for Romania’s first digital bank

Salt Bank selects Napier AI to enhance AML compliance for Romania’s first digital bank

Napier AI, a London-based RegTech specialising in financial crime compliance, has partnered with Salt Bank, the first Romanian neobank and the fastest-growing in Southeastern Europe.
FCA finalises sustainability disclosure rules to tackle greenwashing

FCA finalises sustainability disclosure rules to tackle greenwashing

The UK Financial Conduct Authority (FCA) has published a policy statement confirming the final rules under the Sustainability Disclosure Requirements (SDR) and investment labels regime.
Endava partners with Finexos to revolutionise AI-driven credit risk management

Endava partners with Finexos to revolutionise AI-driven credit risk management

Endava, a leading technology services company combining world-class engineering, industry expertise, and a people-centric mindset, has announced its partnership with Finexos, an AI-powered credit risk and analytics platform.
DKK Partners and Seed Group collaborate to enhance financial connectivity in MENA

DKK Partners and Seed Group collaborate to enhance financial connectivity in MENA

DKK Partners, a leading FinTech company specialising in emerging markets and foreign exchange liquidity, has partnered with Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, based in Dubai.
Encompass Corporation appoints Nynke Postma as Head of Business Development

Encompass Corporation appoints Nynke Postma as Head of Business Development

Encompass Corporation, a leader in Corporate Digital Identity (CDI), has appointed Nynke Postma, the founder and former CEO of Blacksmith KYC, as the new...

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