ConnexPay appoints former PayPal exec George Hansen as chief revenue officer
Hansen joins ConnexPay from PayPal, where he served as head of global sales and account management.
Hansen joins ConnexPay from PayPal, where he served as head of global sales and account management.
The round was led by Westbridge Capital, Accel, Tanglin Ventures, Beams Fintech Fund and other strategic investors.
The latest investment brings Moove’s total funding to date to over $335 million across equity and debt.
Payabl. says the authorisation will “unlock significant opportunities” as it looks to expand across the UK.
The integration is also set to extend to Naga’s e-payments solution, Naga Pay.
The clients will be able to access Iceberg Data Lab’s ESG dataset available via its impact calculation platform.
The round saw participation from existing investors including UBS Next, EDBI and Prosus Ventures.
Sharma’s shareholdings in Paytm will increase to 19.42%, while Antfin’s shareholdings are reduced to 13.5%.
What’s the current state of play for the financial services sector and what can we expect for the remainder of 2023?
The insurtech previously raised $18 million in its Series A funding round of July 2021.
Tomlinson, who joins from Confluent, brings more than 25 years of experience to his new role.
The acquisition makes Albo “the only neobank to offer debit and credit products for both consumers and SMBs”.
Once approved, small businesses will have instant access to up to $75,000 of working capital.
In her new role, Rowe will be leading growth and operations for Stax’s software and payments portfolio.
Computop’s founders, Frank Arnoldt and Ralf Gladis, previously held 50% of the company’s shares each.
The joint venture will focus on the development of embedded finance solutions and financial services apps.
Vestwell acquires Gradifi Solutions from Morgan Stanley, following its acquisition of E*TRADE Financial.
It wanted a tech strategy that would help it support customers’ financial needs, while competing with big banks.
The regulator’s 14-point plan seeks fairer interest rates on UK savings accounts.
The acquisition enables Allfunds to develop its position in Italy as a local paying agent business.
JB Financial Group took part in the round as a strategic investor, acquiring a 15% stake in the company.
Croissant integrates into merchants’ shopping experiences to offer customers guaranteed buyback value at checkout.
The firm has appointed a new chief product officer, chief of staff, and head of marketing.
Görkem Köseoğlu is to assume the position of chief technology officer from 1 September 2023.
The launch comes just days after the company secured $17 million in a Series A funding round.
Trintech hopes the deal will “act as a springboard for innovation” for its accounting automation platform.
The project implementation will be led by Backbase’s partner SmartOSC.
The Digital Sandbox has previously only been available to developers via pilots and TechSprints.
The PSR’s future direction on the NPA was outlined in its annual plan and budget for 2023/24.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The San Marino-based fintech will deploy Finastra’s SaaS solution for high-value corporate payment processing.
FedNow operates in parallel with the Federal Reserve’s existing payment services, Fedwire and FedACH.
The Swedish fintech has appointed Alexander Kassai as COO and Fredrik Strömqvist as CFO.
The latest investment follows Sylvera’s $32 million Series A round held in January 2022.
The funding will be used to lend to SMEs in the UK, Australia and Netherlands.
All three are preparing their organisations for future growth with higher member engagement.
Based in the US, Ava Kelly brings more than 25 years of payments industry experience to her new role.
HyperPay is aiming to expand its product offerings in order to become an “all-in-one” digital payments platform.
In addition to the asset acquisition, many of Tillful’s employees will be joining Nav in senior roles.
The integration seeks to provide wealth managers with the tools needed to boost their digital transformation.