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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...

Payments

Tillster Expands Global Reach with New Funding and Enhanced Partnership with Stripe

Tillster, a global leader in unified commerce solutions for restaurant brands, has strengthened its partnership with Stripe, one of the foremost financial infrastructure providers. With fresh funding secured, Tillster will now enable its global restaurant clients to access Stripe’s comprehensive suite of digital and in-person payment solutions. This expanded collaboration will empower Tillster’s quick-service and […]

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Startup Funding

Monark Markets Secures $2.2 Million Seed Funding to Revolutionize Private Market Access

New York, USA – October 2024 – Monark Markets, a pioneering company focused on integrating private market investments into traditional brokerage and wealth platforms, has announced the successful closure of a $2.2 million seed funding round. The round was led by Garuda Ventures, with participation from K50 Ventures, Grit Capital Partners, Niche Capital, and prominent […]

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Startup Funding

Moneybox Secures £550M Valuation Following Landmark Move to Profitability

London, 26th October 2024 – Moneybox, a leading UK-based savings and investment platform, has achieved a new valuation of £550 million, following its transition into profitability. The valuation marks an 84% surge from its March 2022 Series D round and comes in the wake of a £70 million secondary share sale agreed with new investors […]

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Startup Funding

Valon Secures $100 Million in Series C Funding to Revolutionize Mortgage Servicing

Leading U.S. subservicer Valon, backed by WestCap, accelerates innovation and growth Valon, a rapidly growing innovator in mortgage servicing, today announced it has secured $100 million in a Series C funding round led by WestCap, with participation from both new and returning investors. This fresh injection of capital marks a pivotal moment for the company, […]

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Startup Funding

YouLend Boosts $1bn US SMB Funding Potential with Castlelake Facility – Fintech News Europe

USD Financing to Power Expansion Plans, Potentially Extending $1 Billion in Capital to Small Businesses Over the Next Three Years ATLANTA, Oct. 21, 2024 – YouLend, a global leader in embedded financing, has announced the securing of a new three-year financing facility with funds managed by Castlelake, a global alternative investment firm specializing in asset-based […]

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Startup Funding

Reality Defender Secures $33 Million in Series A Funding to Tackle AI-Generated Deepfakes in Financial Services

Reality Defender, a leading innovator in detecting AI-generated deepfake content, has successfully raised $33 million in its Series A funding round. This investment marks a significant milestone for the company as it intensifies efforts to combat the rising threat of synthetic media, especially within the financial services sector. The funding round saw participation from a […]

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Fintech

N26 Reopens Account Registrations in Italy After Addressing Regulatory Challenges

N26 Resumes Operations in Italy, Appoints Andrea Isola as New General Manager German digital bank N26 has successfully resolved the regulatory compliance issues that led to its temporary suspension in Italy in 2022. With new leadership in place and a renewed focus on expansion, the bank is ready to compete in the Italian market. Milan, […]

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Fintech

Affirm Stock Declines Following Klarna’s Apple Pay Integration Announcement

Date: October 23, 2024 London, UK – Affirm (NASDAQ: AFRM) shares experienced a notable decline today following Klarna’s announcement that its popular “Buy Now, Pay Later” (BNPL) services are now integrated with Apple Pay, giving Klarna a competitive edge in the digital payments space. This development is seen as a significant step for Klarna, offering […]

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Startup Funding

Round Treasury Secures £1.6 Million Pre-Seed Funding to Revolutionize Treasury Management for Startups

Investment Led by Passion Capital Will Fuel Expansion Across Europe and Product Development London, 8 October 2024 – Round Treasury, the innovative all-in-one banking and treasury platform designed for founders and CFOs, has successfully closed a £1.6 million ($2.1 million) pre-seed funding round. The round was led by Passion Capital, known for its early investments […]

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