PayTech

Gobi Partners leads $6m funding round into online auction platform Carsome

Southeast Asia-based C2B auction platform Carsome has picked up $6m in a funding round led by Gobi Partners.

Standard Banks takes over mobile payments player Firepay

South African financial services giant Standard Bank has taken a majority stake in regional mobile payments player Firepay.
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Square loses general counsel Dana Wagner

Square’s general counsel Dana Wagner is stepping down from his role at the end of September after five years at the payments firm.
Suresite launches P2PE solution with TSG UK

Suresite launches P2PE solution with TSG UK

Forecourt retail specialist Suresite Group and fuel and retail service provider TSG UK have partnered to release a new point-to-point encryption payment (P2PE) solution for the forecourt industry.

Zeta, Mastercard partner in 5-year deal

Banking unicorn Zeta has formed a five-year global partnership with Mastercard, which will see the pair of firms jointly launch credit cards.

PayEm continues strong 2021 with $27m funding raise

Global spend and procurement platform PayEm has pulled in $27m in funding over two rounds following a strong fiscal 2021.

Medxoom closes $8m in funding to deepen its product suite

Medxoom, a healthcare platform helping to streamline payments, has closed an $8m investment as it looks to deepen its product suite.

Why is Pablo Escobar’s brother suing Klarna?

A Columbian drug lord's brother and the biggest privately-owned FinTech in Europe could be heading towards a legal battle threatening to delay Klarna's public listing.

APEXX Global reportedly secures $8m in its Series A

Payments service provider APEXX Global has reportedly closed an $8m Series A round which brings the company’s total equity raised to $12m.

NIUM partners with Frente Corretora de Cmbio to provide cross-border payments solutions

Singapore-based global financial platform NIUM has become the latest FinTech player to make a push into Latin America through a new partnership.

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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