Point of Sale

Danish Android POS service provider Vibrant bags €4m in seed funding

Denmark-based Vibrant, which turns Android mobile devices into point-of-sale terminals, has bagged €4m in its seed round.

Divido takes $3.3m for instalment payments

Divido, a point-of-sale financer, has raised £2.5m ($3.3m) in round of seed funding. The capital comes from Mangrove Capital Partners and DN Capital.

Galileo partners with Sutton Bank for open loop prepaid cards

US-based Galileo, a payments processor and program manager, has formed a partnership with Sutton Bank.

The UK could up contactless payment limit to £100 post Brexit

The UK could be increasing the contactless payments limit from £45 to £100, as one of its first moves away from the European Union.

Credit card platform Deserve nets $12m round led by Accel

Generation Z credit card provider Deserve has closed a $12m funding round led by Accel.

AI-powered shopping cart Caper closes $10m Series A

Caper, an AI-powered shopping cart which aims to foster the grab-and-go retail experience, has collected $10m in its Series A.

Rio Ferdinand-backed Sokin unveils subscription payments platform in UK, Europe

London-based PayTech firm Sokin has introduced the first subscription-based global payments solution in the UK and European markets.
fintech-news

Blockchain payments platform BitPay extends Series B round to $70m

Blockchain-based payments provider BitPay has increased its Series B round by an extra $40m.

Balderton Capital backs UK FinTech Primer in £3.2m seed round

Payment stack consolidation startup Primer has bagged £3.2m in a seed round led by Balderton Capital, the investor behind companies like GoCardless, Revolut and Darktrace.

FPL Technologies becomes India’s newest FinTech unicorn

FPL Technologies, which offers a metal credit card under the OneCard brand, has reportedly become India newest unicorn.

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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