Mastercard and Monese, the European banking service provider, announced a new multi-year strategic partnership to further enhance local banking services for the underserved across Europe, with Monese becoming a principal Mastercard issuer. With its multi-currency accounts that are available in 31 countries, Monese’s new partnership with Mastercard provides its customers access to Mastercard’s global acceptance […]
Leading Direct Debit and automated payment processing company, Eazipay Ltd, has completed a new technology integration with global online accountancy software provider, Xero. Available on the Xero Marketplace, Eazipay’s Direct Debit plug-in allows Xero users to accept and collect customer payments by Direct Debit and will help business owners best manage their cash flow, improve […]
Leading UK anti-money-laundering (AML) firm SmartSearch recorded its best ever month in September, with record revenues, record profits and a record number of new clients. It comes at a busy time for the firm, based in Ilkley, West Yorkshire, which it says is due partly to the increasing threat of money laundering and financial fraud […]
Leading payments issuer processor, Global Processing Services (GPS) has secured a strategic investment from strategic partner, Visa Inc., the world’s leader in digital payments. Backed by UK growth private equity firm, Dunedin, this strategic investment will accelerate GPS’ global expansion, following its success in launching new and innovative fintechs and digital banks in Europe and […]
CapitalBox, the leading online pan-European SME funding platform, today announces the acquisition of the Netherlands division of fintech company Spotcap Global as part of its own ongoing European expansion. Spotcap NL is one of the most prominent online SME lenders in the Dutch market. CapitalBox’s acquisition of Spotcap NL marks a significant milestone in the […]
Although traditional banks and credit suppliers still hold the largest market share for consumer and business loans, recent years have witnessed considerable demand for fintech lending. With millions of SMEs searching for necessary financial backing to support their businesses amid the Covid-19 pandemic, 2020 witnessed a new rise in the number of these alternative loans. […]
Liberis, a leading fintech providing embedded business finance through its innovative platform, has joined forces with Epos Now to help UK SMEs apply for up to £300,000 worth of financial support. At a time when small business owners and operators are finding it harder to access the finance they need, Epos Now Capital promises to […]
Edgify, a company building AI training frameworks at the edge, has secured a $6.5m seed funding round backed by Octopus Ventures, Mangrove Capital Partners and a semiconductor giant. Edgify’s technology enables any connected device – known as ‘edge devices’ – to interpret vast amounts of data generated at the edge, train a complete AI model […]
HPD LendScape, a leading international secured lending platform vendor, today announces it has partnered with Emirates Development Bank (EDB) to launch UAE’s National Supply Chain Finance (SCF) platform, giving UAE businesses improved access to working capital, particularly as they cope with the added pressures of the Covid-19 pandemic. SCF solutions enable suppliers to gain quicker […]
EQ (Equiniti Group plc), the international technology-led services and payments specialist, is pleased to announce that seven of its services have been approved as suppliers for the government’s G-Cloud 12 framework. EQ’s digital capabilities, which are provided by its specialist division EQ Digital, have been a permanent fixture on the G-Cloud framework since its inception […]
