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Stream raises $4 million to modernise payments for businesses in Mena

Stream, the Saudi-born platform streamlining modern billing and payments for businesses in the MENA region; starting with Saudi Arabia, has announced a $4M seed funding to scale its mission to remove friction from getting paid.

/ai

Napier AI selected for launch of FCA Supercharged Sandbox

Napier AI, the London-based financial crime compliance RegTech, has been selected for the launch of the Financial Conduct Authority (FCA) Supercharged Sandbox, aimed to support the safe, responsible, and accelerate development of AI solutions in UK financial services.

/people

DailyPay names Andrew Brandman as COO

DailyPay, the leading On-Demand Pay platform and financial wellness solution, has appointed Andrew Brandman as its Chief Operating Officer where he will be responsible for leading the business’s revenue, new markets, customer office, payments operations, and performance marketing functions.

/startups

US fintech Lettuce Financial secures $28 million funding round

We have two big Lettuce announcements for you today: We’ve secured $28 million in funding led by existing investor Zeev Ventures, and we’ve acquired the benefits access startup Besolo.

/regulation

Webull selects Flagright for transaction monitoring and AML compliance

Flagright, the AI-native, no-code platform for transaction monitoring and AML compliance, is pleased to welcome Webull, an online investment platform, as its newest client.

/regulation

HKMA details Fintech 2030 strategy

The Hong Kong Monetary Authority (HKMA) today (3 November) unveiled “Fintech 2030”, a forward-looking strategy for driving Hong Kong’s fintech development, at the Hong Kong FinTech Week 2025.

/payments

IDeal transitions to Wero

iDEAL will begin rebranding to iDEAL | Wero in 2026.

/retail

Newgen plugs into Mambu tech stack

Newgen Software, a global leader in AI-first digital transformation platforms, today announced a strategic partnership with Mambu, the leading cloud banking platform, to offer a plug-and-play lending stack designed to fast-track digital lending transformation for banks, digital banks, NBFCs, fintechs, and Islamic lenders.

/identity

Ping Identity to acquire Keyless

Ping Identity, a leader in securing digital identities for the world’s largest enterprises, announced it has signed a definitive agreement to acquire Keyless, a London-based innovator in privacy-preserving biometric authentication.

/payments

Afriex integrates with Visa Direct

Afriex, a global fintech platform, today announced a collaboration with Visa, a world leader in digital payments, to bring real-time cross-border payments to more than 160 markets.

/payments

Thunes allies with WeChat Pay HK

Thunes, the Smart Superhighway to move money around the world, announces an alliance with WeChat Pay HK, the Hong Kong dollar denominated e-wallet, to power its expansion in cross-border money transfers.

/payments

Airwallex crosses $1 billion revenue milestone; UK among fastest-growing markets

Airwallex, a leading global payments and banking platform for modern businesses, has crossed $1bn in annualised run rate revenue (ARR), marking a significant milestone in its mission to build the future of global banking.

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