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Visa And TikTok Launch New ‘Creator Card’ To Support The UK’s Next Generation Of Entrepreneurs

Visa And TikTok Launch New ‘Creator Card’ To...

Porsche sells Bugatti stake to BlueFive Capital

Porsche sells Bugatti stake to BlueFive Capital

Ahead of the launch of KSA-1, MPE will serve as the global commercial application layer for financial services delivered on SpaceBelt KSA’s sovereign low-Earth orbit constellation. RIYADH, KINGDOM OF SAUDI ARABIA — April 21, 2026: MPE Solutions Inc. (“MPE” / “Modern Pay Engine”) today announced that it has entered into an agreement with SpaceBelt KSA to serve as the global application layer for financial services delivered on SpaceBelt KSA’s sovereign, encrypted low-Earth orbit constellation. The agreement takes effect ahead of the launch of KSA-1, the first operational satellite in the SpaceBelt KSA network. MPE is a global fintech entity operating across 160+ countries, with multi-currency wallet and cross-border settlement capabilities. The platform is available today and architected for programmable and agentic payments — terrestrial, or orbital. Under the agreement, MPE will progressively migrate its commercial stack onto SpaceBelt KSA’s sovereign orbital rails as the constellation comes online, bringing with it the global financial network the company has already built. What the agreement delivers The partnership pairs sovereign orbital rails with a global financial network from day one of commercial operations. For SpaceBelt KSA, it means orbital infrastructure that carries real economic activity the moment it enters service — not a pilot, not a concept, but a commercial partner already operating at global scale. For MPE, it means the financial infrastructure the company has built extends from licensed terrestrial rails into the most significant sovereign orbital infrastructure in the world. MPE operates the application layer of the SpaceBelt KSA stack: the financial products, the global distribution network, the end-user experience. KSA-1 is aligned with Saudi Arabia’s Vision 2030. Quotes “With the launch of KSA-1 later this month, we are aiming to modernize global payments securely for our customers across authenticated sovereign orbital infrastructure. MPE ensures that the moment our rails enter service, they are already connected to a live global financial network operating at scale.” Eng. Mohammed Al-Tuwaijri, Co-Founder and Chairman of SpaceBelt KSA “MPE was built on a single thesis: that the next era of financial infrastructure will not be defined by which banks or borders it sits inside, but by where it can reach. The next generation of financial infrastructure runs across 160+ countries, settles without requiring a bank on either end — and now, extends into orbit.” Josh Klein, Co-Founder and COO of MPE “Sovereign rails become commercially valuable when they carry real economic activity at scale, and scale requires global distribution. MPE brings both: a proven product generating revenue today, and a cross-border network across 160+ countries. That is the fastest and most credible path from sovereign infrastructure to sovereign commercial reality.” Cliff Beek, SpaceBelt KSA About MPE MPE Solutions Inc. (“MPE” and “Modern Pay Engine”) is a Washington, D.C.-based fintech. They operate global USD-denominated financial infrastructure across 160+ countries and are revolutionizing cross-border finance for global workforces. www.modernpayengine.com About SpaceBelt KSA SpaceBelt KSA is a Saudi-based space logistics and satellite security platform developing sovereign, encrypted satellite communications infrastructure within the Kingdom of Saudi Arabia and the broader GCC region. Co-founded by Eng. Mohammed Al-Tuwaijri, SpaceBelt KSA is aligned with Saudi Arabia’s Vision 2030 and is deploying its constellation under multi-year launch agreements exceeding USD 500M+. Media Contact (MPE): Josh Klein, josh@modernpayengine.com Media Contact (SpaceBelt KSA): info@spacebeltksa.com

MPE Partners with SpaceBelt KSA to Bring Global...

Oradea Hosts High-Level Summit: Prominent leaders from across Central and Eastern Europe will take the stage in Romania

Oradea Hosts High-Level Summit: Prominent leaders from across...

Visa Direct collaborates with Moonrise by Lunar to expand local payment access and virtual accounts across the Nordics
Fintech

Visa Direct collaborates with Moonrise by Lunar to expand local payment access and virtual accounts across the Nordics

Visa Direct is collaborating with Moonrise, powered by the Nordic challenger bank Lunar, to access local payment rails across Denmark, Sweden, and Norway. The partnership strengthens Visa Direct’s ability to support real-time, domestic payments and local account access for clients operating in or expanding into the Nordic region. The partnership will enable Visa Direct to extend […]

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Bitget rolls out UEX Switch campaign, encouraging shift to global markets
Cryptocurrency

Bitget rolls out UEX Switch campaign, encouraging shift to global markets

Bitget, the world’s first Universal Exchange (UEX), today launched the UEX Switch Campaign, a market-wide call to action for traders to move away from fragmented, single-asset platforms to a single account that captures opportunities across crypto and global markets. The campaign follows Bitget’s app upgrade, which places crypto and TradFi products alongside each other on […]

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California-based Harvey Raises $11 Billion Valuation to Scale Agents Across Law Firms and Enterprises
Startup Funding

California-based Harvey Raises $11 Billion Valuation to Scale Agents Across Law Firms and Enterprises

Harvey, the legal infrastructure for law firms and in-house teams, today announced $200 million in new funding co-led by returning investors GIC and Sequoia. The round values Harvey at $11 billion and includes participation from existing investors Andreessen Horowitz, Coatue, Conviction Partners, Elad Gil, Evantic, and Kleiner Perkins. The investment will be used to expand […]

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BKR Capital Announces the First Close for its $50M Fund II After Top-Quartile Performance of Debut Fund
Startup Funding

BKR Capital Announces the First Close for its $50M Fund II After Top-Quartile Performance of Debut Fund

TORONTO, March 24, 2026 /CNW/ – BKR Capital announces the $20M first close of its second venture capital fund – Black Innovation Fund II – targeting $50 million to back the next generation of globally competitive Black-led technology companies. This close marks a meaningful milestone in expanding funding accessibility for Black founders and diverse teams, building […]

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Credo Ventures raises $88M Fund V to double down on pre-seed in Central and Eastern Europe and its global diaspora
Startup Funding

Credo Ventures raises $88M Fund V to double down on pre-seed in Central and Eastern Europe and its global diaspora

Credo Ventures announces Credo Stage 5, a $88 million fund that continues the firm’s mission to be the first backer of the most ambitious CEE founders globally, both in the CEE region and in diaspora communities. Credo Ventures is a Prague and Krakow-based venture capital firm founded in 2010, investing in exceptional founders from Central […]

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The San Francisco-founded, Y Combinator-backed startup Zalos Raises $3.6M To Bring Computer Agents To The CFO's Office
Startup Funding

The San Francisco-founded, Y Combinator-backed startup Zalos Raises $3.6M To Bring Computer Agents To The CFO’s Office

Source: Forbes Zalos, a computer-agent startup focused on finance operations, is announcing a seed round this week, adding another data point to what has become one of the most active investment themes in enterprise software: agentic AI for the CFO tech stack. The San Francisco-founded, Y Combinator-backed company plugs directly into the financial systems clients […]

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Southeast Asia Delivery giant Grab to buy Foodpanda Taiwan from Delivery Hero for $600 million
Startup Funding

Southeast Asia Delivery giant Grab to buy Foodpanda Taiwan from Delivery Hero for $600 million

Acquisition will mark Grab’s expansion into its 9th market and first outside of Southeast Asia Grab reiterates 2026 Adjusted EBITDA guidance of $700 million to $720 million. Proposed transaction is expected to contribute at least $60 million in incremental Adjusted EBITDA in 2028 Closing expected in second half of 2026 SINGAPORE and TAIPEI – March […]

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Ex-Google Moonshot X advisor launches €50 million Cloudberry Ventures DeepTech fund amid “SaaSpocalypse”
Startup Funding

Ex-Google Moonshot X advisor launches €50 million Cloudberry Ventures DeepTech fund amid “SaaSpocalypse”

Mahir Sahin, a senior Google executive (2009-2025) and ex-lead advisor at Alphabet’s Moonshot X Factory, has launched a €50 million fund at his London-based venture firm Cloudberry Ventures. The fund targets Europe’s Deeptech advancements needed to surpass current AI constraints Advisors and limited partners in the new fund include Mark Bennett (VP, Google Partnerships), Neil Ventura […]

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UBS secures US bank licence in boost for wealth management plans
BankingTech

UBS secures US bank licence in boost for wealth management plans

ZURICH – UBS has secured a national banking licence in the United ‌States, the Swiss bank said on Friday, in a boost for its efforts to expand wealth management in the world’s biggest economy. UBS ​said its application for a national bank charter had been approved by the Office of the Comptroller of the Currency, […]

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Partech Closes €300M Impact Fund to Scale Europe’s Next Generation of B2B Tech Champions
Startup Funding

Partech Closes €300M Impact Fund to Scale Europe’s Next Generation of B2B Tech Champions

Focusing on growth-stage companies with more than €10M in revenue, the fund aims to help impact-native businesses scale internationally. Global investment firm Partech announces the final closing of its inaugural Partech Impact Fund, securing €300 million in total commitments to scale European B2B tech transforming global value chains. Partech Impact Fund was created to fill a […]

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