DanishFinTech Pleo has extended its partnership with open banking platform Yapily, as it expands in Europe and adopts Variable Recurring Payments (VRP) to automatically fund accounts. Pleo first partnered with Yapily in September 2022 to create a seamless and instant payment experience for financial teams when depositing funds into their Pleo wallets. Through open banking,
Calastone, the world’s largest fund exchange network, today announced a partnership with Schroder to explore the potential of a tokenized investment vehicle for open companies (SCV). This partnership follows Calastone’s multi-year investment in distributed ledger technology (DLT) and cryptography, with the ultimate goal of creating and distributing tokenized investment vehicles through infrastructure. Calastone’s DLT marketplace.
UK-based Mypinpad, a secure mobile trading software solutions company, has raised $13 million in a round led by Crossfin Holdings. This investment will accelerate the expansion of the SaaS offering and open the door to relationships with other Crossfin investment firms. Currently operating in 20 markets, Mypinpad offers B2B SaaS solutions for making secure payments
After receiving respective approval certificates from EPC1, CaixaBank and Iberpay announced that their respective payment technology platforms are ready to launch, from June 22, First SEPA Payment Request in Europe. At the same time, CaixaBank, which has become the first bank in Europe to receive a Payment Claims approval certificate from the EPC, is about
JPMorgan has made a strategic investment in Cleareye.ai, a fintech firm specializing in trade finance, the companies announced Tuesday. The parties, who entered into the trading partnership last September, did not disclose the financial terms of the transaction. Trade finance refers to financial products offered by banks and other institutions that facilitate global trade by
Compass, the consumer finance arm of the Mediobanca Group, has signed an agreement to acquire 100% of HeidiPay Switzerland AG from HeidiPay AG, a growing Swiss Buy Now Pay Later (BNPL) financial company with over 400 deals. Trade agreements with major distributors, premium brands and technology operators active in the region. With this acquisition, Compass
Citi Treasury and Trade Solutions (TTS) and Pismo, the next-gen banking and payments software company, jointly announced their relationship in which Citi will use Pismo’s technology platform to help strengthen Citi’s corporate demand deposit accounts (DDA), to clients worldwide. Citi TTS continues to migrate its solutions, services, and infrastructure to create “always on” capabilities aimed
Cvent Holding Corp., an industry-leading meetings, events and hospitality technology provider, announced the completion of its acquisition by an affiliate of private equity funds managed by Blackstone for $8.50 per share in cash, representing a total enterprise value of approximately $4.6 billion. The transaction, previously announced on 14 March 2023, includes a substantial minority investment
Canadian Wealth-as-a-Service firm OneVest has raised C$17 million in a Series A funding round led by Omers Ventures Luge Capital, Panache Ventures, AAF Management, FJ Labs, Fin Capital, Pivot Investment Partners and Deloitte Ventures participated in the round. Founded in 2021, OneVest provides a modular and adaptable infrastructure platform that allows financial firms to integrate
FIA Tech, a leading futures industry technology provider, announced that it raised an additional $25.4 million in a funding round led by six existing shareholders, Bank of America, Barclays, Citi, Goldman Sachs, J.P. Morgan and Wells Fargo, in addition to BNP Paribas. As a result, BNP Paribas joins FIA Tech’s ownership consortium and will serve
Mach Alliance, a group of independent technology companies dedicated to championing innovative, open technology ecosystems, today announced that Stripe has joined the Alliance. Stripe, the company that builds the economic infrastructure for the Internet, is used by many major companies globally, from Amazon to BigCommerce, Ford, Zara, Maersk and many more. “Stripe serves as an
DJUST, a B2B e-commerce SaaS platform created by former Mirakl founder Arnaud Rihiant, today announced that it has raised €12 million in a Series A growth funding round to accelerate the market expansion. Funding round by New Enterprise Associates, Inc. (NEA) leads, with additional participation from Elaia Partners. Founded in 2020, the Paris-based B2B Commerce
