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Petal bags $200m debt facility

The US fintech also agreed a new $20 million loan facility and another $20 million in additional equity funding.

PayPoint adds ‘Confirmation of Payer’ to product suite

Managing director Danny Vant called it “the natural next step” following the appetite among businesses for Confirmation of Payee.

Q&A: Obconnect’s Darran Morford on the key developments in Open Banking

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.

Tifin makes two exec leadership hires as it scales

Stacy Carter and Bhavna Thakur have been appointed to the senior leadership team hot on the heels of the launch of Tifin.AI.

Flutterwave extends remittances solution Send App to US, Canada

Flutterwave’s Send App has also undergone a rebrand as it continues to add recipient countries to its network.

Trading platform CMC Markets enables Open Banking payments with TrueLayer

CMC Markets’ Colleen Bohm said its investor clients value an interactive payment method that can deliver near real-time payments.

HSBC to launch embedded finance-focused business with Tradeshift

The planned business is part of a new joint venture that will see HSBC invest $35 million in business commerce platform Tradeshift.

Digital bank N26 hires Carina Kozole as chief risk officer

Since April, Jan Stechele has held the chief risk officer role in an interim capacity, with Kozole appointed as a permanent replacement.

Arab Financial Services selects CRIF for ‘ready-to-go’ Open Banking use cases

AFS will offer its bank clients across MENA Open Banking use cases and solutions via its Open Finance platform.