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IBANFIRST ACQUIRES CORNHILL, A FOREIGN EXCHANGE PROVIDER IN THE UK


iBanFirst announced the acquisition of the London-based FX provider, Cornhill. The acquisition builds on iBanFirst’s long-term funding partnership with private equity firm Marlin Equity Partners, established in June 2021. The acquisition is a testament to the company’s focus on accelerating its international expansion, strengthening partnerships, and cementing market leadership across Europe.    Following the post-Brexit transition,

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THE BANK OF LONDON ANNOUNCED A PARTNERSHIP WITH SAP FIONEER


The Bank of London, the world’s purpose-built global clearing, agency, and transaction bank has teamed up with SAP Fioneer, a global provider of financial services software solutions and platforms, to transform and simplify global clearing and transaction banking.  The Bank of London is the UK’s second clearing bank authorized in the last 250 years. Its

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SINGLETRACK RECEIVES CAPITAL INVESTMENT FROM ACCEL-KKR TO ACCELERATE GLOBAL EXPANSION


Singletrack, the capital markets client engagement, and analytics expert, announced a significant capital growth investment from Accel-KKR, a technology-focused private equity firm. The investment will enable Singletrack to accelerate expansion plans into global markets and execute on strategic M&A. Founded in 2009, Singletrack is an engagement, research management, and analytics platform purpose-built by industry professionals

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PAYSEND USES AIRFOCUS TO CREATE AND DELIVER BETTER PRODUCTS FOR ITS CUSTOMERS


Paysend is using airfocus to create and share product roadmaps across the company, providing greater transparency around priorities and enabling it to deliver better products to its seven million customers. Next-generation global payment ecosystem Paysend works with businesses and consumers, helping them send money to more than 150 countries worldwide. The product team focuses on delivering the features

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ASTROPAY ANNOUNCED LAUNCHING A VISA DEBIT CARD


AstroPay, the online payment solution of choice for over six million users worldwide, has launched its new product in Europe, a VISA debit card. This move expands the reach of AstroPay’s user base while simultaneously providing existing customers with more benefits. The product will be available in Europe, with the launch in other markets expected

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DEEL ENTERS PUBLIC OFFER TO ACQUIRE PAYGROUP LIMITED


Deel entered into a public offer to acquire Australian-based payroll company PayGroup. The offer will enable the creation of a truly global payroll platform and further Deel’s mission of helping millions of people work for the best companies in the world. PayGroup is a leading global payroll provider with a strong foothold in APAC, processing roughly

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CHILE-BASED FINTECH KLAP PARTNERS WITH BPC


Global payments company BPC has announced that Chilean fintech Klap will use its technology to support payment processing requirements in the country. Founded in 2007, Klap works as a business network throughout Chile, connecting large and small companies with bank issuers and service providers through its terminals and technologies. Its e-wallet allows users to pay bills, top-up mobile phones,

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ZERODHA’S TRADING PLATFORM KITE FACES CONNECTIVITY ISSUES; USERS VENT ON TWITTER


Online brokerage Zerodha reported connectivity issues on its flagship trading platform Kite via the Cloudflare network on certain Internet service providers (ISPs). Online brokerage Zerodha reported connectivity issues on its flagship trading platform Kite via the Cloudflare network on certain Internet service providers (ISPs). “We are getting reports of intermittent connectivity issues on Kite via

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ABTOT CHOOSES TRUST PAYMENTS TO BE ITS NEWEST PAYMENTS PARTNER


The Association of Bonded Travel Organisers Trust (ABTOT) has selected Trust Payments, the disruptive leader in frictionless payments and value-added services for merchants, to be its newest payments platform provider across its broad membership base. With well over 250 members, ABTOT provides a flexible, personal and efficient process to help travel merchants guarantee the safety of customer

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EPISODE SIX STRIKES DEAL WITH VIETNAM’S GALAXY FINX


Episode Six, a leading global payment and banking infrastructure provider, today announced a new relationship with Galaxy FinX, Vietnam’s newest fintech builder that is re-shaping the future of money and banking in the country. The deal represents two firsts for Episode Six: a partnership in Vietnam as well as with a pure-play virtual-bank builder in

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JP MORGAN WINS £1.4BN COURT BATTLE AGAINST NIGERIA


JPMorgan Chase has prevailed in a $1.7B U.K. court case against Nigeria regarding its role in a disputed 2011 oilfield sale, Reuters reported Tuesday. The civil case pertains to Nigeria’s sale of the offshore OPL 245 oilfield to Shell and Eni in 2011. Nigeria had alleged that JPMorgan was “grossly negligent” in following instructions from authorized government officials