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Equisoft secures $125m investment to grow global digital transformation footprint

The Canadian company secured funding from new investors Investissement Québec and the Government of Québec to develop its life insurance and wealth offerings.

Tide becomes ‘first fintech’ to remove 100% of emissions

The fintech has also pledged to become a fully net zero business by 2030, by investing in durable carbon removal.

UK challenger banks lend more to SMEs in 2022 than incumbent banks

The UK’s challenger and specialist banks lent £35.5 billion to small businesses in 2022, exceeding the amount lent by incumbent banks.

Imalipay teams up with Renda to support ecommerce businesses across Africa

Imalipay’s modular API fintech-as-a-service platform will combine with Renda’s order fulfilment network to simplify the order fulfilment process.

Klarna to begin charging UK customers for late payments

UK head Alex Marsh said Klarna did not want to “monetise the misery of customers who fall behind” and has launched a ‘Customer Recovery Programme’.

Insight: Banks must prepare for the New Payments Architecture transition

Finastra’s Paul Thomalla explains the risks and opportunities that UK banks need to consider amid the transition to the New Payments Architecture.

Tazapay adds Open Banking payments in UK and Europe through Volt partnership

Volt’s CRO Matt Komorowski said the partnership “demonstrates the global acceleration of real-time payments across many sectors”.

Shanghai Commercial Bank selects Salt Edge to comply with PSD2

The international bank will use Salt Edge’s PSD2 Compliance Solution to create a “bespoke” banking experience for its customers.

Western Union teams up with Beforepay to enable ‘send now, pay later’ money transfers

Australian consumers will be able to borrow additional funds through Beforepay’s wage-advance product on Western Union’s digital channels.