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TerraPay closes Series B round having secured $100m in equity and debt financing

The global payments infrastructure company has plans to expand its existing payout network to 150 countries by 2024.

Railsr hires new CEO as part of trio of executive appointments

Philippe Morel has been appointed chief executive officer to “rebuild momentum, drive change and return Railsr to growth”.

Fourthline secures €50m to ‘alleviate compliance burden’ on FIs

The regtech provides a “banking-grade solution for continuous, ‘lifetime’ financial compliance”.

Neobank Bunq applies for US banking licence

Founder and CEO Ali Niknam said that “taking ‘the bank of The Free’ to ‘the Land of the Free’ is a logical next step”.

Orange Bank extends cloud banking partnership with Mambu to France

The bank’s CEO Stephane Vallois said that, on Mambu, it can build “ground-breaking solutions that truly reinvent the banking experience”.

NAB to issue payment prompts to tackle rise in scams

Customers of National Australia Bank will see the prompts in the app and on internet banking to encourage them to “pause and review” a payment.

Powens and Unnax combine to create European Open Finance ‘champion’

PSG Equity, already an investor in Powens, will make a further investment in Spain-based Unnax, to bring the two Open Finance fintechs into one group.

Tyl by NatWest and Payit look to Raidiam for new head of strategy

Tim Johnson has been appointed by UK bank NatWest to drive the growth of Tyl by NatWest and Payit.

Experian Boost partners with Virgin Money Slyce to make ‘affordable credit more inclusive’

Experian Boost data will be included in Virgin Money Slyce’s credit card decisioning process, allowing ‘Boost’ users to “improve their creditworthiness”.