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Flutterwave names Mitesh Popat CFO

Flutterwave, Africa’s leading payments technology company, has announced the appointment of Mitesh Popat as the company’s Chief Financial Officer.

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Dubai Blockchain Center and Cardano Foundation partner to provide blockchain education

The Dubai Blockchain Center (DBCC) has entered into a strategic collaboration with the Cardano Foundation, marking a significant step forward in advancing blockchain education and technology adoption across the Middle East and North Africa (MENA) region. This partnership, formalized today, follows the initial announcement at the Dubai TOKEN2049 event and represents a major milestone in bringing together two forces in the blockchain industry.

/people

Sendcloud appoints new chief customer officer

Sendcloud, the complete shipping platform for e-commerce, is proud to announce the promotion of Ana Silvério Rodrigues to Chief Customer Officer. Stepping into this role, Ana will oversee both customer success and support, furthering Sendcloud’s mission to solve shipping globally.

/security

Copilot Capital makes majority investment in SecureFlag

Copilot Capital, a new private equity firm backing the next generation of European software champions, has made a majority investment in SecureFlag, an innovative software company on a mission to shape the future of cybersecurity training.

/people

Clear Street president Ed Tilly to become CEO

Clear Street (“Clear Street,” “the Company”), a financial technology firm modernizing the global capital markets and brokerage ecosystem, today announced that Co-Founder and CEO Chris Pento will assume an executive and partner role at White Bay, the family office of Co-Founder Uriel Cohen, effective at year-end 2024. At that time, Pento will depart his CEO role at Clear Street, and will remain on the Board of Directors where he will continue to guide the Company based on his expertise and leadership over six years of transformative and record-setting growth. Ed Tilly, the Company’s President, will become CEO & President upon Pento’s departure.

/crypto

Hex Trust announces a strategic partnership with Grass

Hex Trust, a leading provider of digital asset solutions for institutional finance and the Web3 ecosystem, announces a strategic partnership with Grass, a viral, new decentralized infrastructure network that is building the first open internet to scale web crawl. Today, the network is powered by over 2 million users who are running nodes to scrape petabytes of web data for AI models. The partnership also cements Hex Trust’s position as a major service provider and custodian within the Solana and SPL ecosystem.

/retail

Spring Labs unveils AI Copilot for complaints management

Complaint management is a crucial aspect of customer service and risk management in the financial services sector.

/payments

American Express and Knot team up to simplify adding card-on-file payment information

American Express (NYSE: AXP) and Knot, an Amex Ventures portfolio company, have teamed up to launch a new pilot feature that simplifies adding payment information at select merchants.

/markets

Indus Valley Partners acquires IntegriData

Indus Valley Partners ("IVP"), a premier global provider of software and technology solutions to the world’s most sophisticated investment managers backed by PPC Enterprises (“PPC”), a specialist middle-market private equity firm and minority investor in IVP, announced today that it has agreed to acquire IntegriDATA, a leader in alternative investment software solutions. Terms of the acquisition were not otherwise disclosed.

/payments

Card issuing technology company Lithic expands into Canada

Lithic, a leading card issuing technology company known for enabling growth-oriented businesses with bespoke card programs and seamless money movement, today announced its expansion into the Canadian market.

/regulation

FCA publishes annual report

The Financial Conduct Authority (FCA) has published its Annual Report, which shows significant improvements in its authorisations service.

/wealth

BNY to acquire Wealthtech Archer

The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced BNY has entered into a definitive agreement to acquire Archer Holdco, LLC ("Archer"), a leading technology-enabled service provider of managed account solutions to the asset and wealth management industry.

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