Creation Investments Capital Management, a leading global impact investor in emerging markets, confirms that Peruvian microfinance company Los Andes has closed a $10 million capital round led by Accion Digital Transformation Fund. The capital raise will...

Canadian FinTech Nuvei has agreed to acquire Pay2All Instituição de Pagamento Ltda (Pay2All) – a licensed Payment Institution authorized by the Central Bank of Brazil. This acquisition is expected to enhance Nuvei’s capabilities in the Brazilian m...

Stori, the Mexican FinTech unicorn, has announced a new round of equity and debt financing totaling US$212 million.   The total includes US$105 million in equity led by Notable Capital and BAI with participation from new and existing investors ACE Redpo...

New research has revealed 66% of travel companies are seeing their profit margins impacted by outdated or complicated payment systems, with nine in 10 expected to prioritise modernising their financial operations this year.  In a report released today...

Payset, an online payments platform that provides a diverse suite of payment solutions for both individuals and companies, has partnered with ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, to allow it to access...

Klarna, the AI-powered global payments network and shopping assistant, released the results of a national survey exploring financial language understanding across the UK.   The report, part of Klarna’s commitment to improving greater...

PayPal Holdings, has announced the appointment of Srini Venkatesan as Chief Technology Officer (CTO), reporting to PayPal President and CEO Alex Chriss. In this role, Venkatesan will lead the development and implementation of technology across the entire...

The integration reinforces NatWest’s commitment to leveraging innovative technologies to deliver seamless, simplified, and secure customer experiences.  Setting a precedent for other UK banks, NatWest Bank will use OneID’s bank-verified digital identity sol...

Revolut released its Annual Report for the year ending 31 December 2023.   Revolut delivered record profits and revenue growth, while navigating an increasingly complex geopolitical, macro-economic, and regulatory environment.   Group revenue i...

A new government was elected in the UK in July leading to a change from Conservative to Labour. New governments are always keen to bring in new policies and changes and this will always affect small- and medium-sized businesses (SMBs). At this early stage,...

NTT DATA, a global leader in business and technology services, has announced its strategic partnership with Lynx Tech, a revolutionary fintech company specialising in AI-driven fraud detection. This collaboration will leverage NTT DATA’s network and e...

Joint offering increases observability and identification of key cyber-risks to enterprise data. Accenture and SandboxAQ are expanding their partnership to address the critical need for enterprise data encryption that can defend against current data...