Parafin Launches AI-Powered Pay Over Time for Small Biz Financing

Parafin, a leading embedded finance company, today announced the launch of Pay Over Time, the latest addition to its suite of financing products. Pay Over Time introduces a new payment method that lets small businesses defer payments on essential expenses such as inventory, equipment, payroll, advertising, and rent—directly within the platforms they already use. The product is already live with Gusto as a payroll line of credit. Expanding access to fast, flexible financing Parafin has...

SkySparc Secures Growth Investment to Accelerate AI Finance

SkySparc, a trusted global provider of digital transformation solutions for treasury and finance organizations, today announced a majority growth investment from Bregal Milestone, a leading European software private equity firm. The partnership reinforces SkySparc’s long-term commitment to clients, employees, and partners, while creating exciting opportunities for growth and innovation worldwide. For more than two decades, SkySparc has been the trusted partner helping treasurers, CFOs, and financial institutions navigate change. From strategic advisory to its proprietary...

Alipay+ and Mastercard Enable NFC Payments for Kakao Pay

Alipay+, a global wallet gateway under Ant International, supports Kakao Pay, a leading South Korean mobile wallet, in launching NFC payment for overseas transactions, through its partnership with Mastercard. Kakao Pay becomes one of the first Alipay+ mobile payment partners to introduce the convenient and secure “tap-to-pay” experiences when its users travel abroad. Through the collaboration between Alipay+ and Mastercard, Kakao Pay users can now make NFC payments at over 150 million Mastercard merchant locations...

Cluster Reply Backs Riverty’s AI Customer Service Platform

Cluster Reply, the Reply company specialised in digital platform solutions leveraging Microsoft technologies, has partnered with fintech company Riverty to accelerate the rollout of a pioneering customer service platform – delivered in record time of just 100 days. The initiative is part of Riverty’s broader strategy to become a leader in AI-powered financial services. The new solution empowers Riverty to deliver efficient, empathetic customer support across all channels while creating a robust foundation for future AI-driven automation. The...

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