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Corporate card firm Pliant snags $40 million in funding

/payments

Corporate card firm Pliant snags $40 million in funding

Berlin-based corporate card platform Pliant has raised a $40 million Series B equity round to fuekl its expansion to the US.

Stablecoin payment system Next Generation secures $5 million in Seed funding

/startups

Stablecoin payment system Next Generation secures $5 million in Seed funding

French fintech Next Generation has secured $5 million in Seed funding to drive the launch of its B2B payment ecosystem and pursue M&A opportunities.

Thunes raises $150 million in Series D

/payments

Thunes raises $150 million in Series D

Cross-border payments company Thunes has raised $150 million in Series D funding, led by Apis Partners and Vitruvian Partners.

Nubank receives banking licence approval in Mexico

/regulation

Nubank receives banking licence approval in Mexico

Brazilian fintech giant Nubank has secured approval from Mexican regulators to become a bank in the country.

Nacha and JP Morgan's Kinexys collaborate on account validation

/payments

Nacha and JP Morgan's Kinexys collaborate on account validation

US clearing house Nacha is working with JP Morgan's Kinexys blockchain business to facilitate information exchange between their respective payment information networks.

Flex accelerates consumer expansion through Maza acquisition

/startups

Flex accelerates consumer expansion through Maza acquisition

Flex, a fintech that helps business owners automate their back offices, has acquired Maza a fintech app aimed at Spanish-speakers in a $40 million deal.

Mongolian fintech LendMN raises $20 million to drive financial inclusion

/inclusion

Mongolian fintech LendMN raises $20 million to drive financial inclusion

Mongolian fintech LendMN has raised USD $20 million towards financial inclusion for MSMEs in Mongolia.

SFLive hackathon winners AfriGIS to launch Resolve Water climate risk solution

/sustainable

SFLive hackathon winners AfriGIS to launch Resolve Water climate risk solution

AfriGIS, winners of the 2024 Sustainable Finance Live hackathon have developed Resolve Water: a climate and water intelligence for businesses.

Revolut links risky behaviour to staff bonuses

/regulation

Revolut links risky behaviour to staff bonuses

Revolut has expanded an internal 'Karma' system that tracks how employees follow risk and compliance processes, linking their behaviour to their bonuses.

Nasdaq and AWS unveil capital markets infrastructure blueprint

/cloud

Nasdaq and AWS unveil capital markets infrastructure blueprint

Nasdaq and AWS have joined forces to bring the benefits of cloud to market operators around the world.

EU central banks explore synchronised settlement in FX

/payments

EU central banks explore synchronised settlement in FX

The Bank for International Settlements and its central bank partners have successfully demonstrated how wholesale payment infrastructures, such as RTGS systems, can interoperate with each other for FX transactions via new technologies, such as distributed ledgers.

PayPal offers 3.7% yield on stablecoin balances

/crypto

PayPal offers 3.7% yield on stablecoin balances

PayPal is bidding to encourage uptake of its stablecoin by offering US users an annual rewards rate of 3.7% on their holdings.

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