CityFALCON Raises US$2 Million From Holt Xchange, eToro and TBH

CityFALCON, which transforms unstructured financial content into structured data, has closed its equity fundraising campaign on private investment platform Seedrs after having secured £1.65 million (US$2 million). As a part of this fundraise, The Holt Xchange, a global early-stage VC firm

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Citi Partners With Metaco to Develop Institutional Digital Asset Custody Capabilities

Citi announced yesterday that it has selected Switzerland-based METACO to develop and pilot digital asset custody capabilities. This collaboration brings together METACO’s technology and digital solutions with Citi’s expansive custody network to develop a platform to enable clients to store

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Banking Circle Supports Bluecode and TWINT’s Interoperability

The mobile payment systems German-Austrian Bluecode and the Swiss TWINT are now interoperable with one another. Interoperability of said two systems is based on the specifications of EMPSA (European Mobile Payments System Association). TWINT and Bluecode interoperability has already been

Read More Ties up With Fireblocks to Accept Stablecoin Settlements 24/7

London-based payments solutions provider unveils its stablecoin settlement solution by leveraging Fireblocks’ new crypto payment technology. This offers merchants the flexibility of 24/7 settlement including weekends and holidays — increasing access to cashflow and significantly reducing operational complexity.

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Thought Machine Raises US$160 Million Series D, Now Valued at US$2.7 Billion

Thought Machine, the UK-headquartered core banking technology company, today announced that it has closed its US$160 million series D funding round. The company is now valued at US$2.7 billion which is a 100% increase from its valuation at the close

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HCL Technologies Signs Deal to Acquire Wealth Management Specialist Confinale

HCL Technologies UK Limited, a wholly owned subsidiary of global technology company HCL Technologies (HCL), has signed a definitive agreement for the acquisition of Confinale, a Switzerland-based digital banking and wealth management consulting specialist and Avaloq Premium Implementation Partner. Through

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Signicat Acquires UK-Based Anti-Fraud and Identity Technology Company Sphonic

Norway’s Signicat, a leading European providers of digital identity and electronic signature solutions, is acquiring all shares in the UK-headquartered anti-fraud company Sphonic for an undisclosed sum. Existing management shareholders will reinvest a substantial part of the consideration into Signicat.

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Banking Circle Acquires SEPAexpress

SEPAexpress, which provides white-labelled account-to-account (A2A) payments for Payments Service Providers (PSPs), merchants and corporates in Europe has been acquired by Banking Circle Group. Less than five years after bringing its first solution to market, SEPAexpress now processes millions of

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ABN AMRO Extends Partnership With Temenos to Accelerate Its Innovation Pace

ABN AMRO Bank has signed a multi-year subscription extension with cloud banking platform Temenos to support its customer growth. In order to support the bank’s business expansion on the Temenos Banking Cloud, the extended agreement includes access to the Temenos

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Papaya Global Acquires Money Transfer Company Azimo

Papaya Global announced that they have acquired the digital money transfer service, Azimo, a payment platform that will enable Papaya Global to make immediate payments across the globe. Together with Azimo, Papaya Global will be able offer a payments solution

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