Rainforest Raises $20M Series A Funding
June 27, 20247 min
The fintech startup grew payment volume by 17x in six months, enabling vertical software companies to increase revenue and engagement, and reduce churn
Payabli Closes $20M Series A to grow & innovate platforms
June 26, 20247 min
Round led by QED Investors arrives after company surpasses 340% growth in revenue over the past 12 months
Acquisition Expected to Lead Company’s New Focus and Acquisition Efforts into Fintech and SAAS Sectors
Tweed to Power Intel Ignite’s Events Registration Platform
June 21, 20246 min
Tweed brings digital payments infrastructure to in-person event sign-up and scheduling
Prometeo Expands Footprint To US Market
June 21, 20246 min
Launch of Bank Account Validation Solution to Bridge the Gap Between the Two Markets
JG Wentworth acquires Personal Finance Platform Ottopay
June 20, 20244 min
JG Wentworth acquires Ottopay, a digital consumer debt management platform
Corpay to Acquire Cross-Border Payments Company
June 20, 20247 min
Accretive to revenue and EPS growth in 2025 Company reiterates Q2’24 outlook
This global payments fintech unicorn offers a financial service interface for international transactions and global funds transfer for over 100,000 corporate entities over the world. This platform was established in 2015 and it serves as a hub for customers to receive payments from close to 180 countries and send money to over 150 countries, totaling over $50 billion in worldwide remittances as of January 2024. Challenges: Upgrading Risk Control System Amid Rising Financial Fraud The company used to leverage...
Ant International unveils bettr Through Embedded Finance
June 18, 20245 min
Ant International, a leading global digital payment and financial technology provider, unveiled bettr, a global digital lending service to provide micro lending to micro, small and medium enterprises (MSMEs) in strategic markets through embedded finance partnerships. Yang Peng, CEO of Ant International said, “I’m thrilled to introduce bettr to SMEs and industry partners across emerging markets. This is a major milestone in our journey to empower SMEs worldwide with innovative fintech solutions through open collaboration...
ECS, a global leading provider of financial solutions, announces a significant milestone in its commitment to empowering US Financial Institutions. ECS Fin achieves the Fedwire ISO 20022 certification by completing Fedwire’s DIT2 Certification Testing. This announcement brings attention to our solution IMS’s capability for seamless end-to-end transaction processing, fully complying with the Fedwire ISO 20022 rules and standards. Being a certified FedLine Direct Solution Service Provider, banks can utilize ECS Fin’s FedLine Direct connection to interface with...