PhotonPay Secures U.S. MTL License to Anchor Its Global Regulatory Framework

PhotonPay, a leading global digital financial infrastructure platform, has obtained Money Transmitter License (MTL) from state financial regulatory authority in the United States. Through the successful approval of the state-level payment license, PhotonPay strengthens its localized service capabilities and broadens its operational reach, laying a solid foundation for sustained growth across the Americas and global markets. In the United States, MTL license is an essential regulatory approval for companies providing funds transfer and related payment services....

Embedded Finance to Process $7 Tn+ in Transactions By 2030, RevitPay Reports

The financial world is on the brink of a massive transformation as embedded finance and flexible payment models surge toward mainstream adoption, with projected global transaction volume expected to exceed $7 trillion annually by 2030. Embedded finance is reshaping how consumers and businesses interact with money. Rather than visiting separate digital banking portals or payment processors, financial services are now being integrated directly into everyday digital experiences from shopping apps to SaaS platforms. This shift is...

XTM Inc. Announces Board Changes and Appoints Keith Nugara as Board Advisor

XTM Inc., a fintech company delivering instant payout solutions for employees and gig workers, today announced changes to its Board of Directors, including the appointment of Keith Nugara as a Board Member and Board Advisor. The Company also announced the departure of Olga Balanovskaya, the company’s former Chief Financial Officer and long-standing contributor to XTM through multiple stages of its growth. XTM extends its sincere gratitude to Ms. Balanovskaya for her leadership and meaningful contributions, and...

Payroc and ID TECH Expand NEO 3 Device Family to Accelerate ISV Growth

Payroc, a global payment-processing acquirer and technology platform, announced an expanded partnership with leading terminal manufacturer ID TECH to bring additional NEO 3 family devices to independent software vendors (ISVs) and their software clients. Building on the success of the previously certified VP3350, Payroc and ID TECH are extending their collaboration with the certifications of the Kiosk V and forthcoming certification of the AP6800, offering ISVs new device choice and deployment flexibility across mobile, unattended,...

VelaFi Raises $20M Series B to Expand Global Stablecoin Infrastructure

VelaFi, a stablecoin-powered financial infrastructure platform under Galactic Holdings, today announced the completion of its $20 million Series B financing, led by XVC and Ikuyo, with participation from Alibaba Investment, Planetree, existing shareholder BAI Capital, and other global investors. This round brings VelaFi’s total funding to over $40 million. Founded in 2020, VelaFi has deep roots in Latin America and a proven track record in real-world payment infrastructure, serving enterprises across complex and underserved markets. The...

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