The Fintech Times Bi-Weekly News Roundup takes a look at the latest fintech stories from around the world on Thursday 10 April 2025.
Collaborations
Fyorin, a financial operations solutions provider, has partnered with Discover Global Network to provide businesses, particularly those operating digitally, like e-commerce and media buying companies, with a tool to enhance their bottom line. This collaboration aims to enhance how businesses manage their expenses.
Latvia-based BluOr Bank has selected Nets, part of the European paytech, Nexi Group, to leverage its payment card issuing services, offering an enhanced customer banking experience to business and entrepreneurs in the Baltic region.
Fintech specialist Sokin has become the official global payments partner of Excel London. Sokin plans to enhance global payments at Excel by streamlining cross-border transactions, increasing efficiencies and reducing costs. Additionally, online payments to the venue will be powered by Sokin’s e-commerce gateway.
Conga, the revenue lifecycle management company, has penned a multi-year strategic collaboration agreement with Amazon Web Services. Through the collaboration, it plans to unlock development capabilities for Conga’s products on AWS, helping customers drive innovative business solutions with AWS’s advanced cloud technologies, modernise their workflows, automate critical business functions, and reduce manual intervention.
i2c, a global provider of banking and payment solutions, is expanding its partnership with Access Finance, a fintech innovator based in Bulgaria, to roll out the next phase of its Juzt Digital Credit Card programme
in the US. Via the move, i2c and Access Finance will offer American consumers enhanced access to credit and tools to improve their financial health.
More collaborations
Mashreq, the leading financial institution in the MENA region, is partnering with Goldman Sachs Asset Management. The collaboration will enable Mashreq to provide discretionary services to its wealth management customers with access to a range of discretionary portfolios.
FintechOS, an AI-driven financial product management platform, has extended its longstanding partnership with cybersecurity services company Fort, to augment cybersecurity readiness as it ramps up its global presence in the US, UK and Europe.
Digital asset brokerage Zodia Markets has partnered with Finery Markets, a provider of non-custodial crypto ECN and SaaS trading solutions, to make it easier for institutions to access digital asset and fiat liquidity. Through the partnership, the entities are looking to remove operational and technical barriers that have historically slowed institutional adoption of crypto.
Centrifuge, a platform bringing real-world assets onchain, has selected Wormhole as its official multichain infrastructure partner for Centrifuge V3. By integrating with Wormhole, Centrifuge gains access to robust multichain infrastructure – bringing tokenised assets to anywhere capital resides.
Open banking provider Neonomics has partnered with Finnish fintech Ovoro to integrate Nello Pay, Neonomics’ open banking payments solution, into Ovoro’s crypto platform. This collaboration hopes to redefine how users across the Nordics buy and sell crypto, making transactions faster, safer, and more cost-effective for investors.
Job moves
Global AI and digital transformation company GFT has selected Frédéric Therrien to fill its newest role, global head of Guidewire. He will lead the business unit responsible from GFT’s Canadian headquarters in Quebec, where insurance projects currently make up 35 per cent of GFT’s business with Canadian clients.
Kwayga, the B2B supplier-sourcing software provider, is welcoming Per Thau to its advisory board. Thau joins with an extensive track record in retail, FMCG, and supply chain transformation. He previously served as sales, category and marketing director for Unilever, and was the CEO of Kvickly, one of the largest Danish supermarket chains.
JAGGAER, a source-to-pay and supplier collaboration company, has appointed Jon Lawrence as chief product officer, alongside Pascal d’Arc as its new chief strategy officer. Lawrence brings experience from his previous role leading product strategy at CBORD, a provider of integrated technology solutions. Pascal’s background includes driving the industry’s early ventures into AI for procurement while at IBM.
Boku, the UK-listed payments company, has appointed Leila Kassner as its new chief operating officer, as part of its efforts to build out its leadership team to bolster further growth in e-commerce sector. Kassner’s career at Boku spans over a decade, bringing her knowledge of the industry, and of the company to the role.
Funding news
Ryft, an embedded payments provider for marketplaces and platforms, has raised £5.7million to equip acquiring banks with the technology to automatically and instantly split funds and manage payment flows for marketplace and digital platform customers.
Hawk, the provider of AI-powered AML, screening and fraud prevention solutions, has announced its $56million Series C funding round. Hawk’s customers will benefit from the new investment funding as they continue global expansion into the US, helping to reduce costs, boost compliance, and prevent fraud in real time.
Anecdotes, a data-driven governance, risk, and compliance (GRC) platform, has closed an expanded Series B financing round, raising an additional $30million – bringing the total funding for the round to $55million. With the funding, it plans to enhance its work on enterprise GRC, and deliver new innovations and value to its customers.
Dosen, an AI-driven employee alignment platform, has successfully closed a $2.3million oversubscribed pre-seed funding round. The platform says the funding will fuel its continued expansion, enabling the company to accelerate product development, scale the team and deepen market penetration.
NexGen Cloud, a UK leader in AI infrastructure, has closed its Series A round, raising $45million at a $354million valuation. Backed by high-net-worth individuals and family trusts, the funding will drive global expansion and strengthen sovereign AI capabilities in Europe.
Payments platform Damisa has closed a £2.25million pre-seed funding round; capital it plans to use to accelerate its go-to-market strategy, scale its operational infrastructure, obtain the necessary licenses, and advance technological capabilities ahead of its public launch.
Company updates
NatWest has made a minority investment in credit card platform Yonder, with an aim to help the platform to grow at speed and scale whilst accessing NatWest’s expertise as a bank with over 19 million customers.
Bitpanda, Europe’s digital assets platform, has received its MiCAR licence from Austria’s FMA. This makes Bitpanda the first company in Austria to be fully approved under the EU’s new crypto regulation and the first to receive three MiCAR licences in Germany, Malta and Austria.
Funnel, an AI-infused multifamily CRM, has launched ‘Fenix’, a new standalone AI product for managers and operators. The launch comes in conjunction with selected purchased assets of LeaseHawk and powered by conversational AI platform Sierra.
Galileo Financial Technologies has launched its ‘Deposit Sweep’ product. This product enables fintechs to partner with a network of participating banks and a deposit sweep provider to offer their customers the opportunity to maximise interest earnings and extend FDIC insurance coverage.
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