NPCI International signs a partnership agreement with Bank of Namibia
NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), has signed an agreement with the Bank of Namibia (BoN) to support them in developing an instant payment system like Unified Payment Interface (UPI) for Namibia. This collaboration marks a strategic leap towards strengthening Namibia’s financial infrastructure and fostering […]
GoCardless announce the acquisition of Nuapay
GoCardless, the bank payment company, has signed an agreement to acquire Sentenial Ltd, operating globally under the Nuapay brand, from EML Payments Limited subject to regulatory approvals. The acquisition will significantly scale GoCardless’ indirect channel proposition, consolidating its position as a key payment provider to existing and new customer segments including Independent Software Vendors (ISVs) and Payment […]
Ubirider announces closing of USD 1.95Mln seed round
Ubirider, a mobility fintech company and creator of Ubirider Platform, a digital mobility-as-a-service (MaaS) platform for transport providers, riders and cities that helps move people, information and payments seamlessly, yesterday announced that it has closed a seed round of funding co-led by Techtree Investments, an investment vehicle from CTT and managed by Iberis Capital, and Cedrus R&D III, […]
Sridhar Ramaswamy Named Chief Executive Officer of Snowflake
Snowflake, the Data Cloud company, announced yesterday that Frank Slootman has decided to retire as Chief Executive Officer and Sridhar Ramaswamy has been named as Chief Executive Officer and member of the Board of Directors effective immediately. Mr. Ramaswamy previously held the position of Senior Vice President of AI at Snowflake. Frank Slootman will continue […]
Sierra Bancorp welcomes Natalia Coen as VP and CRO
Sierra Bancorp, parent of Bank of the Sierra, announced yesterday that Natalia Coen has been named Executive Vice President and Chief Risk Officer for both the Company and the Bank. As its sixth executive officer, Coen will oversee the Bank’s risk management program. “We are overjoyed to add Natalia to the team at Bank of […]
Velo Payments to acquire YapStone
Velo Payments, Inc. is acquiring YapStone Inc., a leading payment processing platform in the short-term and vacation rental industry, known for its premier payment solution, VacationRentPayment. The definitive merger agreement signifies a strategic alignment of vision and technology, combining Yapstone’s established payfac and MSB licensure with Velo’s leading complex disbursements platform for next-generation e-commerce and […]
Matera acquires Cinnecta to bring AI to Instant Payments
Matera, maker of world-class instant payments, QR code and digital ledger technology, yesterday announced its strategic acquisition of Cinnecta, a leading-edge AI company renowned for its solutions in customer retention, loyalty and enhancing digital experiences. The acquisition underpins Matera’s mission to provide clients with unmatched value, especially in critical domains such as client retention and expanding […]
Optty enters into a partnership with Triple-A
Optty, a universal payments platform, yesterday announced a new partnership with Triple-A, a licensed crypto payment gateway, to add cryptocurrency as a payment option on the platform. As the central hub connecting and streamlining a robust global network of Buy Now Pay Later (BNPL) providers, this milestone marks the launch of Optty’s sixth payment architecture, further expanding viable payment options […]
TerraPay (Mobex) partners with Safaricom’s M-PESA to enable seamless cross-border transfers
TerraPay, a leading global payments infrastructure company, announced its partnership with Safaricom, Kenya’s leading telecommunications, IT, and financial services provider. Together, both companies will usher in the benefits of financial inclusion by enabling instant cross-border payments. The partnership, through TerraPay’s subsidiary Mobex (Kenya), a licensed money transfer provider, will enable more than 30 million M-PESA mobile wallet […]
Citi TTS and Pismo partner to empower Citi’s DDA solutions
Citi Treasury and Trade Solutions (TTS) and Pismo, the next-gen banking and payments software company, jointly announced their relationship in which Citi will use Pismo’s technology platform to help strengthen Citi’s corporate demand deposit accounts (DDA), to clients worldwide. Citi TTS continues to migrate its solutions, services, and infrastructure to create “always on” capabilities aimed […]
