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Knot has raised $10 million in a Series A funding round, led by Nava Ventures.
The US fintech also agreed a new $20 million loan facility and another $20 million in additional equity funding.
Managing director Danny Vant called it “the natural next step” following the appetite among businesses for Confirmation of Payee.
Darran Morford, chief executive officer of obconnect, answers questions about Open Banking as he gears up to speak at Open Banking Expo UK and Europe.
Stacy Carter and Bhavna Thakur have been appointed to the senior leadership team hot on the heels of the launch of Tifin.AI.
Flutterwave’s Send App has also undergone a rebrand as it continues to add recipient countries to its network.
The global payments network has reached 640,000 active customers in the country in less than 18 months.
CMC Markets’ Colleen Bohm said its investor clients value an interactive payment method that can deliver near real-time payments.
Since April, Jan Stechele has held the chief risk officer role in an interim capacity, with Kozole appointed as a permanent replacement.