Optty names Steven Ritchie as Acting CEO during leadership transition

Optty™, leading global payments technology company headquartered in Singapore is excited to announce its plans to build out its executive leadership team as it continues to deliver on its significant global partnerships. Given its significant near term pipeline growth and new launches, Optty’s Board of Directors and Founder have determined that as Optty enters this hyper-scaling phase, the time is right to transition from a founder-led business to a professional management team structure. Following in the well-trodden...

Ingo Payments Announced Partnership with Securely

Ingo Payments, a proven leader in account funding, transfer, and payout solutions—known as “money mobility”—is proud to announce its partnership with Securely, a cloud-based payment platform. This collaboration marks a significant milestone for both companies as Securely™ partners to bring Ingo’s full-service embedded banking platform to the market, combining proven payment infrastructure with an innovative approach to real-time merchant settlement through advanced ledgering and diverse payment options. Securely’s merchants include some of the largest players in...

MoneyHash Raises $5.2 Million Pre-A Funding

MoneyHash, the first and leading payment orchestration platform operating in the Middle East and Africa (MEA), has secured $5.2M in pre-A funding. The round was led by Flourish Ventures, a global fintech investor known for backing industry leaders such as Chime and FlutterWave. New investors include Saudi’s Vision Ventures, Arab Bank Venture Capital, and Emurgo Kepple Ventures. The round features the participation of Jason Gardner, founder and former CEO of Marqeta, as his first MEA...

Wirex Announces Groundbreaking Node Sale for Wirex Pay

Wirex is thrilled to announce the launch of the Node Sale for Wirex Pay, its much-anticipated payment ZK (Zero Knowledge) Chain. This revolutionary event represents a significant leap forward in decentralizing payment infrastructure, inviting the global community to participate in shaping the future of payments. What is the Node Sale? The Node Sale offers an exclusive opportunity for users to purchase node licenses and become integral parts of the Wirex Pay network. Nodes are essential...

US Embraces Speed: Faster, Instant Payments on the Rise

U.S. businesses and consumers are rapidly adopting digital, faster and instant payment services, according to studies released by Federal Reserve Financial Services. Digital wallet use saw especially strong growth in 2023 — efficiency-focused businesses increased their use by 31% over the prior year, and convenience-minded consumers experienced a 32% increase. These changes, particularly consumers’ use of digital wallets and online banking, are leading to increases in instant and faster payment use cases such as bill...

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