Rimilia secures $25m funding for product development
SaaS-based financial solutions platform Rimilia has secured $25m for its growth funding round led by Kennet Partners and Eight Roads Ventures.
Pace lands ?2.5m seed round led by InterGlobe
UK-based machine learning solution Pace has closed a ?2.5m seed investment led by InterGlobe.
Koyfin bags $3m to boost development
Koyfin, data visualization investment research platform, has bagged $3m in funding to boost
Canada-based Flinks closes Series A round on $16m
Canada-based Flinks, a financial data platform, has closed its Series A round on $16m, with NAventures leading the round.
Modularbank, Veriff partner to bolster ID verification and KYC capabilities
Estonian core banking provider Modularbank has teamed with identity verification software company and compatriot Veriff to boost its compliance and know-your-customer (KYC) offering.
El Salvador becomes first country to make Bitcoin a legal currency
The government of El Salvador has passed a bill that will see Bitcoin join the US dollar as legal tender in the country.
Micro payments service Shrap unveils pilot program to examine future of cash
A pilot program by UK micropayments firm Shrap has begun two pilot programs in Essex and Denny, Scotland to trial and test scalable solutions to help keep cash sustainable.
Banking quartet team to launch carbon offset marketplace
Natwest, the Canadian Imperial Bank of Commerce, ITAU and the National Australia Bank have joined forces to create a new marketplace for firms to buy and sell carbon offsets.
Deutsche Bank set to snap up Better Payment to widen PayTech market share
Deutsche Bank is to acquire payment service provider Better Payment with the aim of expanding its market share in payment processing and acceptance.
Why cloud technology is key for digital platform speed and scalability
One of the key factors for companies in the digital age is ensuring that consumers can access their information quickly and efficiently. When these processes become too slow, this can have a damaging effect on the user experience.
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