Peter Rex, founder and Executive Chairman of Rex, announced that PayUp, a Rex company, has partnered with Austin-based nFusion Capital. PayUp is a technologized early payment solution for small and medium-sized businesses ensuring convenient and affordable access to capital. nFusion Capital is a private working capital finance company delivering customized financing solutions to small and medium-sized
ZSuite Tech, a financial technology company that powers financial institutions with unbound digital accounts encompassing escrow, sub-accounting, sub-ledgering, FBO, and trust accounts for commercial customers, announced it has finalized its $11 million Series A funding round. This round was completed by the Independent Community Bankers of America (ICBA) and BankTech Ventures, LP (BTV). Led by ICBA,
Smart money app Plum announces that it ranked no.1 among fintech and no.5 overall in the 2022 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK. Rankings are based on percentage revenue growth over the last four years. Plum grew 7,735 percent during this period. “We’re delighted to be
The Canadian fintech company Nuvei Corporation today announces the release of Nuvei for Platforms, a global payments solution. Businesses can integrate payments into their own platforms using the fully customizable product as either a Nuvei branded or white-label offering. It has been created to meet the payment needs of big fintech companies, banks, marketplaces, and
As the industry awaits an update on the UK’s New Payments Architecture (NPA), Finastra is committed to the timely development and roll-out of the functionality required to support readiness for its customers. Finastra’s cloud-based payments technology and collaboration with new and established bank and technology partners, such as Microsoft, will support banks’ full compliance with
Next year, real-time payments to cryptocurrency exchanges will be prohibited by UK bank Santander. The action is meant to shield users from scams, according to an email to customers that was originally covered by Reuters. Santander has not said what time in 2023 the modification will go into effect. The bank will implement a more
Talos, the industry leader in institutional digital asset trading technology, has partnered with Amber Group, a preeminent international producer of digital assets. Together with Amber Group, the partnership will allow Talos to incorporate the liquidity venue of WhaleFin, the company’s leading platform for digital assets. Talos’ market-leading institutional trading platform will have easier access to
Investor services company IQ-EQ is upgrading to Napier’s AI-enhanced Client Screening, according to Napier, a major developer of anti-financial crime compliance solutions. By automatically checking clients against sanctions, political watchlists, and other important watchlists at pertinent intervals, Napier’s Client Screening solution will significantly improve IQ-current EQ’s systems. Additionally, the AI capabilities will aid IQ-EQ in
Payer, the leading B2B technology company specializing in digital conversion, payments, and finance automation, with a mission to digitalize the B2B industry wherever payments play a central role, has announced that it will now facilitate American Express payments across the Nordics in Denmark, Finland, Norway, and Sweden. This means that companies using Payer as a B2B
nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced its partnership with Ashman Bank, a new entrant bank with plans to transform the banking experience for UK property SMEs, a £90bn market opportunity. Ashman Bank, which was awarded the UK’s first new banking license in
Papaya Global, the leading global people management platform for the remote working era and already known as a payroll technology innovator, has announced today that it is now poised to further extend international payments through cutting-edge technology with the integration of J.P. Morgan’s payment processing products and solutions that could transform Papaya’s global payroll enabling
N26 Crypto, which has been developed in partnership with crypto custodian Bitpanda, will initially be rolled out in Austria before being expanded to other key markets over the next six months. According to N26, the launch has been inspired by the strong local demand for crypto with 40% of its users either actively trading or
