Fintech

BVNK Partners with Circle to Enhance Global Business Payments with USDC

Streamlining international payroll and large-scale payouts with stablecoin solutions. London, October 2024 — BVNK, the leading digital payment platform for global businesses, is thrilled to announce its expanded partnership with Circle, a global financial technology leader, to bring the utility of USD Coin (USDC) to a broader range of business payments. This collaboration aims to […]

Banking

Solaris Announces Workforce Reduction as Part of Strategic Transformation Initiative

Berlin, Germany – October 17, 2024 – Solaris, the leading Banking-as-a-Service (BaaS) platform in Europe, has announced a significant workforce restructuring, which will result in the reduction of approximately one-third of its employees. The majority of these layoffs will affect its UK-based subsidiary, Contis, a key component of Solaris’ EMI (Electronic Money Institution) unit. This […]

Startup Funding

Acquired.com Secures £4 Million Funding and Appoints Eline Blomme as Chief Strategy and Product Officer to Propel Future Growth

Acquired.com Fuels Growth with £4 Million Capital Raise and Strategic Leadership Appointment London, 14 October 2024 – Acquired.com, the next-generation payments platform specializing in recurring commerce, has announced a significant milestone, securing £4 million in funding from Beach Point Capital Management. Simultaneously, the company has appointed Eline Blomme as Chief Strategy and Product Officer, reinforcing […]

Fintech

Grasshopper Bank to Acquire Auto Club Trust, Enhancing Banking Services for AAA Members

Date: October 9, 2024 Grasshopper Bancorp, the parent company of Grasshopper Bank, has announced a definitive merger agreement to acquire Auto Club Trust, a subsidiary of The Auto Club Group (ACG). This strategic move positions Grasshopper Bank as the exclusive banking partner for depository and selected lending services to AAA members across ACG’s 14-state territory, […]

Investing Payments

Nexi Group Secures €220 Million Financing from European Investment Bank to Boost Digital Payment Innovation

Milan, Italy – Nexi Group, a leading European PayTech company, has successfully secured €220 million in financing from the European Investment Bank (EIB). The funds will be used to drive significant innovation and enhance the infrastructure of digital payments across Europe. This financing will enable Nexi to lead multiple cutting-edge projects aimed at modernising payment […]

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