Mambu, a market-leading, modern SaaS banking platform, has announced raising €235 million in an EQT Growth-led Series E funding round, the largest financing round to date for a banking software platform. The funding brings the company’s valuation to €4.9 billion post money, making it one of the highest-valued B2B SaaS companies founded in Europe.
Ordo’s Point of Sale QR Code solution perfect for race day entry fees
B2B cross border payment provider, Verto, has joined forces with Payments Bank, Banking Circle, to streamline international payments for its clients. Utilising the multi-award-winning Banking Circle Virtual IBAN solution, alongside access to Banking Circle’s local payment rails, Verto is addressing the pain points of complicated pay-ins and cross border payments.
Innovative all-in-one payment solutions provider and card issuer, Wallester, is providing its clients with more opportunities in more jurisdictions with multi-currency settlement accounts as a result of a new partnership with Banking Circle. Working with the ground-breaking Payments Bank, Wallester can now give its clients easy and efficient access to settlements accounts in 25 major currencies.
Nuapay confirms significant expansion in top European open banking markets.
The gaming industry is proving that the desired metaverse is one that is decentralized in terms of control but hyperconnected for easy transfer of value between platforms.
Having become accustomed to a plethora of units of value, and their extreme portability, today’s gamers will not welcome a centralized institution locking their value inside any particular system such as Facebook’s virtual world.
Flash forward where banks and digital banking make all units of value portable too… imagine:
– crypto into consumers’ digital wallets
– holding cash as central bank digital currency.
By 2030, 60% of global consumers will have made a transaction using a unit of value other than a fiat currency.
AccessPay add another big name to their growing list of collaborators, forming a new partnership with 3RP, who offer tailored Oracle NetSuite ERP consultancy services.
Open banking has gained strength over the past 18 months, ever since Europe began enforcing the Payment Services Directive 2 (PSD2). Now we are starting to watch similar initiatives pop up across the globe, all the way from Australia to Canada. But what about the (possibly biggest) payment market, the United States? Has PSD2 had any impact there, and can we expect a similar set of regulations to be implemented?
