Fintech
This Week in Fintech: TFT’s bi-weekly news roundup 05/30
Welcome to The times of fintech Bi-weekly news roundup Thursday 30 May 2024, with the latest updates from around the world.
Partnerships
Snowdrop Solutions, a provider of advanced transaction data enrichment solutions for banks and financial institutions, has announced a partnership with Wide landa sustainability solution provider to offer a climate solution that integrates seamlessly into digital banking applications.
Universal API adapter mmob and provider of open banking services Yapily have partnered so businesses can implement open banking with fewer resources and gain revenue faster by integrating Yapily’s solution through a single code snippet.
Elavon, a global payments company, has announced a partnership with Courtthe creators of the open e-commerce platform WooCommerce. The collaboration aims to help micro and small businesses accept online payments.
European Paytech debtor. is collaborating with Zimpler, provider of instant banking payment solutions. With the new direct integration with Zimpler, payabl. can now offer customers the option to pay via instant bank transfers at checkout.
Orange Middle East and Africa AND Amazon Web Services are collaborating to offer advanced cloud technologies to customers in North and West Africa. Organizations in the public and private sectors will be able to leverage AWS Wavelength infrastructure and services to leverage the security, scalability, and reliability of AWS.
ipushpull, a real-time data sharing platform e Quick additionElectronic trading infrastructure providers have collaborated to address the issue of missed alerts and slow delivery of notifications for trading support teams.
Ouinexa blockchain solutions provider, joins forces with Netdaniaa trading software and analytics company, to launch a cutting-edge cryptocurrency trading platform and expand their shared commitment to continuous innovation in fintech.
Appointments
Secure trust banking group announced the appointment of Andrea Phillips as CEO of V12 Retail Finance Limited. He assumed this role following the retirement of Nick Daviswho resigned at the end of April 2024.
Edenred payment solutions, a European payment services provider, he named Rehana Mithas the new CEO, who brings with him over 15 years of experience and a proven track record in business strategy and transformation.
C-level executive and governance expert, Anders Kirketerp-Møller joins Muinmos‘ Board, leveraging its extensive experience in large global companies to drive significant growth at the Danish regtech company.
Finboot announced the appointment of Sunitha Ray as a new consultant for partnerships and strategic alliances. Sunitha is based in New York and will serve as a key bridge to help meet demand in the North American market.
Global B2B cross-border payments company Thunes he named Ruwan de Soyza as the new General Councilor. He will oversee all legal, compliance and secretarial affairs as the company accelerates growth around the world.
Financing and investment rounds
Iris.ai, a provider of an artificial intelligence engine for understanding scientific texts, has announced its latest funding round of €7.64 million. This investment will support the company’s continued growth and innovation in AI-assisted scientific research.
Doeconomicsa fintech company that provides banks with innovative tools to drive climate action and financial well-being, has announced the closing of one of the largest European funding rounds in the sector, receiving B-round investment of €34 million from UBS Next, CommerzVentures and S&P Global further accelerate sustainability capabilities in financial services.
AI-based fintech startup Kintsugi announced a $6 million funding round led by Connecting businesses. The team will use the new funding to lead Kintsugi AI’s development of automated VAT solutions for Canada and Europe, supporting clients selling internationally.