Tag: Payments

The Lightnet Group, which develops cross-border remittance infrastructure, has secured a $50m capital commitment from LDA Capital.

Hawk:AI, which offers anti-money laundering surveillance technology, has partnered with KYC and customer onboarding company Ondato.

Equals Group, a payments services provider, has partnered with Featurespace to embed fraud prevention technology across its platforms.

The US Federal Reserve Board has issued the final guidelines that establish a transparent, risk-based and consistent set of factors for Reserve Banks to use when reviewing requests to access Federal Reserve accounts and payment services.

PayTech startup Pomelo, which aims to improve money transfers, has reportedly raised $20m in seed funding, alongside a $50m warehouse facility.

AToB, which is revolutionising the trucking industry financial ecosystem, has closed its Series B funding round on $155m.

Half of UK online retailers are worried about surviving the next 12 months. To increase their chances, 32% are looking to invest into their payments stack.

Central Payments, a developer of the Open FinTech API Marketplace, has closed a $30m growth equity round.

MANGOPAY, a European payment solution provider, has named Ronen Benchetrit as its new chief technology officer, following the acquisition by Advent International.

Ghana-based PayTech company Zeepay has reportedly raised $10m in a funding round.