US corporate card start-up Parker secures $157m in equity and debt funding
Parker will invest in its product offering as it aims to expand across the US in 2023.
Parker will invest in its product offering as it aims to expand across the US in 2023.
The firm claims it can enable businesses to streamline their payments and save on transaction fees.
With PayShap, consumers will have access to instant, real-time payments across participating banks.
Copper intends to “realign” its business to focus on its custody and prime services solutions.
ABN Amro’s corporate customers can now better identify, manage, and enhance liquidity positions “on the go”.
The law enforcement agencies seized seven terabytes worth of data, consisting of 1909.4 BTC.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Qik’s CEO says they chose Temenos owing to its “successful track record” across Latin America.
The group will be co-chaired by representatives from the banking sector as well as from fintech firm MonetaGo.
In March 2021, the fintech landed $600 million in funding, confirming a valuation of $95 billion.
FinTech Futures hears from UK business leaders on how the Spring Budget impacts the fintech sector.
The solution will enable large corporates to provide payment alternatives to their business customers.
Grow aims “to link the traditional banking structure with a product of the decentralised finance ecosystem”.
This is the first OpenWay installation of its Way4 platform on Oracle Cloud in Southeast Asia.
With one of the highest levels of crypto adoption in the world, Australia is an “important market” for Wirex.
The fresh financing follows a $150 million debt facility from Goldman Sachs in August last year.
The unicorn’s latest push in Rwanda follows its bid to expand across East Africa.
Laurent Blanchard replaces Ingenico’s co-CEOs Gerrard Schmid and Rolf Stangl.
The firm has appointed Brad Oberwager as CEO and Catherine Porter as chief business officer.
Despite a “robust and growing” business, Anchorage says the cuts are a necessary part of a “strategic realignment”.
Livi Business offers SMEs and entrepreneurs access to “fast, simple and personalised” financial services.
FairMoney is looking to expand its offering to include features for merchants as well as retail customers.
Rain will make use of Tarabut’s open banking payment solutions to facilitate on and off-ramp transactions for users.
Thanks to Paymentology, the Fondeadora app will enjoy faster transaction processing and advanced security.
Bloomberg says Broadway’s solutions “will fill a gap” in its product portfolio.
Goodrich will lead the data engineering, predictive analytics, credit risk and fraud functions across Ezra.
ThetaRay’s Sonar will help Noda stay up to date with shifting compliance regulations.
Anning joins ComplyAdvantage from GoCardless where he was vice president of data.
Bank of Africa UK’s new core banking system, Temenos Transact, will run on the Oracle cloud.
Truzo says it will close its next round of funding in Q2 2023.
The deal will see BaaS and open banking together into an embeddable payment solution for B2B mass payments.
Signature Bank is a large lender in the cryptosphere.
The partnership will see Mastercard equip Banque Misr with the latest digital payment technologies.
With the new funds, Apexx Global plans to expand further across North America.
The Bank of England facilitated the deal over the weekend, in consultation with the Treasury.
The bank has been granted an Authorised with Restrictions (AwR) licence by the UK’s PRA and FCA.
The central bank had first begun work on the adoption of open banking in June 2017.
Tintra is in the process of establishing a subsidiary and applying for a licence with the National Bank of Rwanda.
Mason is the former COO of SME-focused Allica Bank, a role he held for more than three years.
The team will monitor the cryptosphere as regulators look to manage risk and promote innovation.