In a significant move poised to reshape payment operations for small and medium-sized enterprises (SMEs), Melio has successfully secured $150 million in a Series E funding round led by Fiserv. The funding round attracted a remarkable array of investors including Capital One Ventures, Shopify
The financial technology landscape is buzzing with the introduction of Blip-Pay, a new account-to-account (A2A) payments platform by UK-based fintech startup FintechIO. Unveiled at the Open Banking Expo in London, Blip-Pay promises to change the game by utilizing open banking and real-time data to
Lean Technologies, a prominent fintech infrastructure provider based in Riyadh, has recently secured a substantial US$67.5 million in Series B funding. This impressive financial feat was led by General Catalyst, significantly boosting Lean's total funding to over US$100 million. The primary
Joey Rault, Chief Revenue Officer at Codat, and Jesse Schwarz, Executive Director – Fintech Partnerships at JP Morgan Chase, highlighted the latest trends in B2B payments at the Money20/20 USA 2024 conference. Emphasizing the importance of leveraging new technologies, they outlined how real-time p
In a significant move to enhance its cross-border payment services, Standard Chartered, one of the world's leading banking groups, has partnered with Wise, a global powerhouse in money transfers known for its cutting-edge payments infrastructure. This collaboration aims to upgrade Standard
The global financial landscape is undergoing a seismic shift as real-time payments gain traction, catalyzed by advancements in technology, evolving regulatory frameworks, and increasing consumer expectations for immediacy. Across continents, nations are implementing robust real-time payment systems
