fintech times See this Thursday’s biweekly news feed report Temenos Launching a buy now, pay later service. While IXOPAY partners with GoCardless.
Finance and Investments
financial technology Personalities Raised $85 Million in Growth Funding from thoma bravoSoftware investment company. The company also revealed that it secured over $160 million in total funding in 2021. Viola Ventures, Lightspeed Ventures, Sequoia Capital, Nika Partners Beside Warburg Pincus.
Pregnancy, the African mobile game publisher, has been awarded a Series A extension worth $20 million. led Andreessen Horowitz, also shared by The future, Google and rapper In the. Carry1st is expanding into co-development of games as well as developing infrastructure to support play-for-profit games.
iTrustCapitalIt is a platform for buying and selling cryptocurrency through individual retirement accounts, and has raised $125 million in Class A growth stocks investment. The tour was led by Lift Line Capital. iTrustCapital plans to use the funding to expand products and services, expand customer service and development teams, explore strategic acquisitions, as well as launch additional marketing channels.
open banking platform tink and financial sustainability kojo A strategic partnership to provide personalized carbon footprint tracking services. The collaboration follows the launch of the NatWest carbon tracking feature that previously brought the two fintech companies together.
worldlineChoosing a digital payments infrastructure to enhance Kilo HealthExpansion plans. Kilo Health creates digital health and wellness solutions for people who need help preventing, managing and treating a variety of health conditions.
at the same time, The first internet bank Unveiled a formal partnership agreement with Synekteramaker of bank matchmaking/fintech partnerships. The partnership provides First Internet Bank with new resources to expand its banking as a service. It also says Synctera’s scalable technology suite will help it nurture fintech partnerships efficiently while mitigating risks.
Payment regulation platform IXOPAY Partners with fintech GoCardless. The partnership aims to make it easier for merchants to collect both recurring and one-time payments across more than 30 countries. GoCardless and IXOPAY automate the process of collecting one-time and recurring payments, such as invoices and subscriptions, enabling businesses to receive payments from their customers on their due date.
Money HubOpen Data and Payments Platform Paul Totton Product Owner- API and Communications. catholic walls He also joins the company as the product owner – platform customers. The appointments come after a year of “significant” growth for the company, with a number of senior employees and winning clients in 2021.
neomglobal payments company Robin Gandhi As Chief Product Officer. Gandhi will define and implement product strategy to expand leadership in existing markets and pursue new addressable markets for Nium. Prior to joining Nium, Robin led the product, engineering, design and operations efforts of TripActions.
Colin Doherty He is the new CEO of Newstar Security ServicesCloud security services provider. He succeeds Brian McCann, who left the role after completing the separation of the company from Newstar, you. Previously he was CEO of Fuze, Dyn, BTI Systems and Mangrove Systems.
at the same time, Bank of London rent Philip Hillard In his capacity as Head of Customer and Product and a member of the Bank’s Executive Management Committee. As the CCPO, Hillard will be responsible for the bank’s overall customer and product vision, strategy, and innovation, as well as driving the customer experience across all channels. Hillard will join the bank in February 2022.
MENA TechnologiesSwedish financial technology Amanda Mesler as its chief. Recently, she held the position of CEO in fintech cash flows. Her appointment will support MENA’s broader expansion across the banking and commercial network.
finally, Bitfrost.io, A financial ecosystem that emerged from CEX and OKONTO, has announced the appointment of Alfred W. Moekle as its new chief. Moekle will focus his work on strengthening the banking component of the company based on the best Swiss practices and expertise.
Mergers and Acquisitions
Chargebee, Subscription management platform, gained customer retention platform Brightback. This comes after the recent acquisition of RevLock and global expansion. The Brightback team will join Chargebee in various and remote offices around the world, including the addition of the Brightback executive team to the Chargebee leadership team.
JUMIO, an AI-powered identity solutions provider, has completed the acquisition of the data market 4 stop. The addition of over 650 4Stop data sources to the Jumio KYX platform will allow the company to “redefine the end-to-end identity industry.”
“We are thrilled to complete this acquisition and welcome 4Stop to the Jumio family. Jumio is once again disrupting the entire identity industry and redefining what modern organizations need in order to provide complete customer lifecycle management.”
Robert Brigg, CEO of Jumio
wisdom The minimum vacation, parental leave and general leave policy were applied to the workforce of 3,000. The move is designed to create a “better and fairer global standard”, where employees have the flexibility and space to do their work from anywhere.
vertiv joins Rise Partnership Program To develop sustainable data center technologies. Strategic collaboration will help develop sustainable solutions such as heat reuse in the data center or alternative energy sources. By partnering with RISE, Vertiv will specifically support the infrastructure, cloud research and testing environment.
Zonda, a cryptocurrency exchange, gets regulatory approval to operate in Canada. The license granted by Canadian Financial Transactions and Reporting Analysis Center (FINTRAC) It gives Zonda the ability to operate in the country as a Financial Services Company (MSB).
Airbank It has expanded the free version of its liquidity planning software to “support entrepreneurs in tough times”. The company offers bank account aggregation, cash flow management, multi-user permissions, and single sign-on for startups and SMEs. It will offer a free copy until ‘the end of the coronavirus pandemic’.
Product launches and updates
the Financial Services Information Exchange and Analysis Center (FS-ISAC) Launched a Critical Service Provider Program designed to enhance supply chain security in the financial sector. Akamai Technologies joined the scheme as a founding member.
bookkeeping Accounting automation platform, about three new integrations with Bar, Sage Intacct And NetSuite. Bookkeep technology is currently used by more than 600 retailers and restaurants with annual revenues between $50,000 and $250 million to automate sales summaries and deposit settlement.
Meanwhile, the payment platform Conotoxia Brings Apple Pay For multi-currency card users. When users use Apple Pay, the card number is not stored on the device nor on Apple servers. Contoxia Card allows users to make payments in more than 160 currencies.
Temenos It is now launching an AI-Driven Purchase Service, Pay Later on Temenos Banking Cloud. It helps banks and fintech companies offer AI-driven variable installment loans to their customers at the point of purchase. Temenos BNPL, along with patented Explainable AI, helps banks create ethically paid lending programs by providing transparency in automated decisions and matching BNPL clients with appropriate credit offers based on their history.
curve, The super financial app has unveiled a new card with an updated design. The redesign of the card marks an evolution in the Curve card branding since its launch with a blue card in 2016. The new card also features a notch at one end to make it accessible to blind and visually impaired people.
finally, swarm marketsThe Decentralized Finance Platform announces that the Decentralized Exchange (DEX) is now available on polygon mesh. It is the first licensed automated market maker protocol for a Layer 2 solution. Dealing in Polygon allows investors to switch positions in and out more actively to better respond to market fluctuations.