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G+D: Navigating the Future of Fintech Agility and Innovation
At Money20/20 Europe 2026, Philippe Serres Chief Sales Officer at Giesecke+Devrient (G+D) outlines how they […]
United Arab Bank PJSC Launches Strategic Rights Issue to Raise up to AED 1.03 Billion
United Arab Bank PJSC ("UAB"), listed on the Abu Dhabi Securities Exchange (ADX) announced that it proposes to increase its issued share capital by an amount up to AED 1,031,275,325 (one billion thirty-one million two hundred seventy-five thousand three hundred twenty-five dirhams) from AED 2,062,550,649 (two billion sixty-two million five hundred fifty thousand six hundred forty-nine dirhams) up to AED 3,093,825,974 (three billion ninety-three million eight hundred twenty-five thousand nine hundred seventy-four dirhams) by way of the Rights Issue offered to the existing shareholders of the Bank. Further, United Arab Bank has published an invitation to its shareholders (the "Invitation") to subscribe for New Shares. Frequently asked questions relating to the Rights Issue will be made available on UAB’s website (http://www.uab.ae/) on or around today's date.
OakNorth Completes £7.5m Revolving Credit Facility to Aberdeenshire-based, Livestock Feed Manufacturer, Harbro, to Support Future Growth
OakNorth, the leading digital bank for entrepreneurs, by entrepreneurs, has provided a £7.5m revolving credit facility (RCF) to leading livestock feed manufacturer, Harbro.
Nomupay Raises $40m From Softbank to Unlock Key Japanese Market
Nomupay has entered into a significant partnership with Japanese payments solution firm SBPS in a deal worth $40m, at a $290m valuation.
Velocity Emerges From Stealth With $10M to Power the Velocity of Money
Velocity announces a $10M pre-seed funding round and emerges from stealth to launch the Stablecoin Payment Account. The round was led by Activant Capital, with participation from Fuel Ventures, Triton Capital, Fabric Ventures, Commerce Ventures, Digital Space Ventures and Preface Ventures. Strategic shareholders include current and former executives from Stripe, Worldpay, Visa, Circle, PayPal, and Google.
Kholo Capital and Maia Capital Provide Catapult Group With R250 Million Mezzanine Debt Funding
Kholo Capital Mezzanine Debt Fund I (“Kholo Capital”) (www.KholoCapital.com) and Maia Capital Partners (“Maia Capital”) announced today that they have provided R250 million mezzanine debt funding to Catapult Group (“Catapult”) to fund growth capital expenditure and to refinance a portion of existing senior debt to create cashflow headroom for the business as it embarks on its next growth phase.
Lloyds Banking Group, North East Mayor and Office for Investment Join Forces to Accelerate the Energy Revolution in the North East
Building a leading green industry hub Building on the area’s established strengths, Lloyds Banking Group, North East Mayor Kim McGuinness and the North East Combined Authority, and the OFI will partner to unlock private sector funding in the North East.
MPOWER Financing Securitizes $313.2 Million of International
MPOWER Financing ("MPOWER"), a mission-driven fintech firm and the leader in international student financing, today announced the completion of its second securitization, MPOWER Education Trust 2025-A ("MPOWR 2025-A"). The $313.2 million collateral pool is composed of U.S. dollar-denominated, fixed-rate loans made to international students attending leading American and Canadian universities.
iAltA Holdings Launches With Initial Funding of $20M to Modernize Private Markets, Led by Proven Industry Builders and Backed by WestCap
iAltA Holdings (“iAltA”), a private markets infrastructure company, announces its launch with an initial funding of $20 million led by WestCap, a strategic operating and investing firm with over $6 billion in assets under management. Incubated at WestCap, iAltA’s mission is to build an innovative digital infrastructure that unifies private market systems. As part of this announcement, iAltA is also launching its first platform solution, iAltA Private Markets, to empower General Partners (GPs) to seamlessly execute transactions and cash movements, efficiently engage with investors, streamline fund operations and make data-driven decisions.
French Unicorn Mirakl Launches Financing For Ecommerce Sellers With Fintech Storfund
Storfund has announced a new partnership that will enable businesses to use the fintech’s cash flow solution on the 400+ marketplaces powered by Mirakl, the leading provider of ecommerce software solutions.
Mongolian AI Startup Secures $3.5 Million USD to Advance National AI Infrastructure and Digital Future
Egune AI, Mongolia’s first foundational artificial intelligence platform, has today, announced a $3.5 million USD equity investment from Golomt Bank, one of Mongolia’s largest commercial banks. The financing marks a critical moment in Mongolia’s digital evolution, enabling Egune AI to scale its technology, enhance service accessibility, and strengthen the country’s national AI infrastructure.
Chetwood Bank Celebrates Reaching £4 Billion Milestone in Customer Savings
Chetwood Bank has proudly announced that it has surpassed £4 billion in total customer deposits across the bank’s savings products and flows from distribution partners.
Freedom Bank Chooses Vine to Accelerate Commercial Lending
Vine Financial, a commercial lending accelerator for banks and credit unions, announced that Freedom Bank is using its commercial lending technology to better serve its local businesses and their financial needs.
Circula Secures €15M Funding to Strengthen Market Leadership in Expense Management
Circula, the German leader in expense management with around 3,000 mid-sized and large customers such as Aston Martin, DATEV and Securitas, has secured €15 million in funding from existing investors and a strategic debt investor, CIBC Innovation Banking.
Duna Raises €10.7m Seed Round From Index Ventures and Global Tech Leaders
Duna's platform for compliant business identity helps large enterprises like Plaid, Bol, Moss, Sequra, and Brand New Day Bank to grow their customer base while adhering to increasing regulation like AMLD5/6, PSD2/3, DAC7, and DORA. Over time, Duna’s product will evolve into a network for shareable business identity: making business identification as simple as two clicks. The product drives substantial business impact: within six months, onboarding conversion has gone up around 38% for enterprises.
Money Fellows Raises $13 Million in Strategic Funding to Enhance Financial Inclusion in Africa
Money Fellows, Africa’s leading fintech digital platform, has successfully raised $13 million in this new financing round. This strategic extension brings the total amount invested in the company to over $60 million USD since its inception.
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