January 2025 – Page 33

Highnote Secures $90M Funding to Enter Merchant Acquiring Market

Card issuance and program management platform Highnote is entering the US merchant acquiring space after securing $90 million in Series B funding. The funding round...

Kyiv’s Fuelfinance Secures Major Funding Amid Russian Invasion

Kyiv-based Fuelfinance has successfully raised $1 million in seed funding, attracting notable investors like Markus Villig, CEO and founder of Bolt, and John S. Kim,...

ASX Partners with Tata to Overhaul Chess System

The Australian Securities Exchange (ASX) is set to engage a third party to modernize its outdated clearing and settlement system. The exchange plans to adopt...

BIS Innovation Hub Launches in Paris and Frankfurt

The Bank for International Settlements has inaugurated its European Hub in Paris and Frankfurt, focusing on decentralized finance, wholesale CBDCs, cybersecurity, and green finance. The...

Key Takeaways from Our Recent Nordic Event

As we gear up for the NextGen Nordics conference on April 25th in Stockholm, we're sharing a series of insights into the key topics and...

Ramp Introduces New Treasury Product

Finance automation and corporate credit card startup Ramp has unveiled a treasury product that enables clients to store cash in a business account while earning...

Neonomics Acquires UK Open Banking Platform Ordo

Norwegian open banking firm Neonomics has acquired UK-based Ordo, a contemporary payments company. The financial details of the acquisition remain undisclosed. Founded in 2018 by...

ModernFi Secures $4.5 Million for Bank Deposit Marketplace Expansion

Andreessen Horowitz has led a $4.5 million seed funding round for ModernFi, a marketplace that enables banks to exchange deposits on demand. ModernFi connects banks...

Cybercrime Platform Taken Offline

One of the largest online platforms for selling stolen credentials has been dismantled following a comprehensive operation involving numerous law enforcement agencies. Genesis Market, which...

Checkout.com Positions Itself for a Comeback in Profitability

Payments processor Checkout.com is aiming for full-year profitability in 2025, following a strong conclusion to 2024 that saw a 45% year-on-year growth in net revenue...