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Stenn partners Payyd on invoice financing for India’s exporters

Stenn, the leading working capital digital platform, has partnered with Payyd, an expert in dynamic payments technology, to help power growth for Indian exporters.

/wholesale

CIBC forms strategic AI collaboration with Creative Destruction Lab

CIBC today announced a strategic collaboration with Creative Destruction Lab (CDL), a nonprofit organization focused on empowering companies through innovation in AI technology.

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Balderton secures $1.3B in new funds to back Europe’s top entrepreneurs

Balderton Capital, one of Europe’s leading technology venture capital firms, today announced its $615 million Early Stage Fund IX and $685 million Growth Fund II, to back Europe’s most ambitious entrepreneurs from seed stage through IPO.

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IbanFirst and SeedBlink collaborate on improved payment terms for startup investors

iBanFirst, a leading global provider of foreign exchange and international payments for businesses, announces an innovative partnership with SeedBlink, , Europe's all-in-one equity and investment platform.

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Triodos Bank UK appoints Mark Clayton COO

Triodos Bank UK has confirmed the appointment of Mark Clayton as Chief Operating Officer (COO). Triodos provides specialist sustainable finance for businesses and organisations committed to positive cultural, social or environmental impact.

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CloudPay raises $120m

CloudPay, the leading independent provider of global payroll and payment solutions, today announces the closing of a $120 million funding round led by Blue Owl Capital with the participation of existing shareholders Rho Capital Partners, The Olayan Group and Hollyport Capital.

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Illimity posts €23 million net profit

The Board of Directors of illimity Bank S.p.A. (“illimity” or the “Bank”), chaired by Rosalba Casiraghi, met yesterday to approve the results of the illimity Group as at 30 June 2024.

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UAE’s National Bank of Fujairah (NBF) chooses Intellect’s eMACH.ai Cloud

Intellect Global Transaction Banking (iGTB), the transaction banking business unit from Intellect Design Arena Ltd is proud to announce a significant partnership with National Bank of Fujairah(NBF), a UAE-based award winning full service Corporate Bank, to enhance its digital capabilities.

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AccessPay appoints product director and director of banking and alliances

AccessPay, the leading bank integration provider, today announced two senior director appointments, underscoring the company’s commitment to innovation, strategic growth, and industry leadership. AccessPay veteran Graham Morgan takes on the new role of Product Director, and Jim Conning joins as Director of Banking & Alliances, both reporting directly to CEO Anish Kapoor.

/wholesale

Microsoft and Dlocal collaborate on financial AI

Microsoft and dLocal are thrilled to announce a landmark partnership to integrate cutting-edge Artificial Intelligence (AI) solutions into the financial technology (fintech) sector.

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FCA to move more staff to Leeds

The FCA is set to base a further 100 of its workforce in Leeds as it expands its footprint in the city.

/wholesale

Flexys adds open banking technology from Moneyhub to collections process

Flexys, a leading UK-based supplier of collections management technology, has announced a strategic partnership with Moneyhub, a data and payments fintech specialising in Open Banking, Open Finance, and Open Data solutions.

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