Binance Launches Next Phase of User Transparency Updates

Melio, a leading B2B payments platform for small businesses, today announced a new integration with cloud-based accounting software platform Xero. Through this integration, Melio’s small business customers will have the ability to automatically sync their accounts payable and receivable data with Xero – saving time on paying bills, making reconciliation easier, and providing better visibility into upcoming payments.

Salv, the regtech startup founded by former Wise and Skype employees, closes a €4m seed round extension led by ffVC, with German G+D Ventures and existing investors also participating. The funds will allow Salv to further develop its modular regtech technology and support geographical expansion to new territories, including Poland.

Coverdash, a fully-digital business insurance startup providing simplified insurance solutions to businesses of all shapes and sizes, is pleased to announce the company’s official launch and the closing of an oversubscribed seed funding round. Based in New York City, Coverdash simplifies the process of buying and managing business insurance...

Business funding provider Accelerated Payments today announced it has advanced in excess of €1 billion worth of invoice financing on its fifth anniversary. The milestone comes as the fast growing fintech doubles its work force and extends its global reach, with offices in Europe, the UK, Canada and the USA.

Provenir, a global leader in data and AI-powered risk decisioning software, announced today that Quick Finans, a consumer finance company located in Turkey, has selected Provenir’s AI-Powered Data and Decisioning Platform to quickly approve and onboard new customers. Quick Finans, a wholly owned subsidiary of Quick Insurance, which is...

Managing your finances can be a daunting task, especially in today’s world where expenses seem to pile up faster than you can keep track of them. Keeping a budget, paying bills on time, saving for the future, and investing wisely requires a great deal of time and effort. But what if there was a way to simplify that process?

Temenos (SIX: TEMN) today announced that it has expanded its Banking-as-a-Service (BaaS) capabilities on Temenos Banking Cloud to meet the technology needs of organizations offering BaaS from licensed banks to specialist BaaS providers servicing brands or fintechs. With Temenos Banking Cloud incumbent and non-incumbent banks as well as BaaS providers can establish and scale their BaaS programs fast with minimal effort thus opening up new revenue streams.

Valid8 Financial, a global leader in Forensic Accounting software, today announced the availability of a new category of enterprise software for CPAs and attorneys — Verified Financial Intelligence (VFI). As a SOC2-certified, professional-grade verification solution, the Valid8™ VFI platform dramatically improves the speed and quality of procedures associated with rendering professional opinions.

Yeekatee announces the close of its pre-seed round, totalling $1.9M. Among the group of investors is serial entrepreneur and Avaloq co-founder Ronald Strässler. The funding is used to bring the app to market and expand the team. yeekatee is an easy-to-use and free social network for starters and experienced...

The UK’s largest cloud-based mortgage and savings technology provider, finova, today announces the launch of Intermediary Manager – a data management application that helps lenders better onboard and manage broker relationships. For lenders, onboarding brokers can be a messy process using spreadsheets and disparate tools to run various...

Channel Capital Advisors LLP (Channel) has closed a mezzanine funding facility with TP24, a leading European fintech lending platform. Channel is an FCA-regulated alternative investment fund manager (AIFM) specialising in fintech, working capital and trade finance investments. Since 2014, the London-headquartered company has deployed more than $9 billion of assets across fintech lending and working capital financing, including trade receivables, inventory, and supply chain finance.

A majority of financial services firms now view digital transformation as essential to their business and are already looking to the next wave of technology to help get ahead, according to a new report by Broadridge Financial Solutions, Inc. (NYSE:BR). In the 2023 Digital Transformation and Next-Gen Tech study of 500 C-suite executives and their direct reports across the buy side and sell side globally, 71% said artificial intelligence (AI) is now significantly changing the way they work, and 60% agree that within ten years, blockchain and distributed ledger technology (DLT) will become the core of financial markets infrastructure.

Geospatial intelligence leader, McKenzie Intelligence Services (MIS), has launched a new peril, Hail, within its award-winning platform, Global Events Observer (GEO), to accelerate incident and claims responses following hailstorm events. Rosina Smith, Chief Product Officer of MIS, said: “Our response to this peril fills a huge gap in the market....

Mollie, one of Europe’s fastest-growing financial services providers, has announced that it intends to appoint Koen Köppen as its new CEO. Köppen, previously the CTO of Klarna for five years, joined Mollie as CTO in May to support its expansion into world-class financial services. In his new role he will drive Mollie’s mission to simplify complex financial services and level the playing field for small- and medium-sized ecommerce companies taking on larger competitors. Köppen’s appointment is conditional on approval by the Dutch Central Bank and on the advice of Mollie’s Works Council. Shane Happach, Mollie’s current CEO, is leaving the company to take up a leadership role in Asia.

Old Mutual, one of the largest pan-African financial services groups, and CoverGo, the leading global no-code insurance SaaS platform for P&C, health, and life, have formed a strategic partnership through Old Mutual’s investment in CoverGo’s US$15 million Series A earlier in 2022. Old Mutual, one of the world’s...

ThinCats, the leading alternative lender to mid-sized SMEs, has supported HFMC Wealth with its’ recent acquisition of R&S Associates Financial Planning Ltd in a deal which further strengthens its London office. The transaction sees all R&S Financial Planning client-facing staff retained. Vince Lane continues to oversee his key client...

Tempo France and Armenotech now strategic partners pioneering new Stellar blockchain projects in global payment market. EU-based payment and remittances company Tempo France and Cypriot international fintech company Armenotech have created an alliance to jointly step up their activities in the international payment market and stimulate more intensive integration of Stellar blockchain in the global sector.

Following this appointment, Richard will lead Freedom Finance’s data products initiative, building and managing a multi-disciplinary team to develop new services for customers and enhance data-driven capabilities driving further automation and intelligence. In this new role, Richard will use Freedom Finance’s vast data resources to develop new services that...

PayEm, the leading platform for spend and procurement management announced today $220 million in equity and credit financing from Viola Credit, Mitsubishi Financial Group, Collaborative Fund and others to fuel its growth. “This is a significant milestone in the company’s growth. Our new warehouse credit facility allows us to scale...

Digital Asset Research (DAR), an industry-leader in cryptocurrency exchange vetting, today is sharing its reflections on FTX warning signs, missed opportunities to identify issues, and ways to strengthen diligence moving forward. Since 2017, DAR has conducted diligence on centralized crypto exchanges, including FTX, for its institutional clients. “FTX’s failure offers...