FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and daily.
Limonetik Selects Nuvei to Enhance Marketplace Payment Capabilities
Nuvei Corporation, the global payment technology partner of thriving brands, announced today an agreement with Limonetik, a global leader in payment and marketplace solutions. The move will enable Limonetik to enhance its marketplace payment services offering in Europe, as the company looks to embark on its international expansion strategy.
One Inc Ranked ‘Best in Class’ in Latest Insurtech Research From Aite-Novarica
One Inc, the leading digital payment network to the insurance industry, announced new research affirming its leadership position in the outbound insurance claims disbursements vendor space, following publication of the recent Aite Matrix: P&C Nonbank Disbursements Platforms research rankings, produced by respected consultancy Aite-Novarica Group (ANG). The company has been named best-in-class across a matrix that examined vendor stability, client strength, client service, and product features among nine competing fintech and insurtech providers.
Gelato Network Raises $11 Million Series A to Develop Web 3.0 Automation
Gelato Network, a protocol that has pioneered automating smart contract executions, announced its Series A totalling more than $11 million. The raise was led by Dragonfly Capital, which aims to support the most promising projects in the decentralized economy, including DeFi protocols, NFT projects and Ethereum Layer-2 solutions. Gelato’s decentralized network of bots allows decentralized application (dapp) developers to deliver users the opportunity to interact with DeFi in ways that were previously not possible on a mass scale.
Cardknox Announces Support for ID TECH’s VP8300 Payment Terminal, a Zero-Integration EMV Solution for Retailers
Cardknox, a leading developer-friendly omnichannel payment gateway, announced its support for the VP8300, a new customer-facing countertop card reader developed by ID TECH, a global leader in payment peripherals. This plug-and-play processing solution brings merchants and independent software vendors (ISVs) the quickest path to EMV processing along with Cardknox’s competitive rates, robust security, and advanced reporting capabilities.
Paystand Announces Scott Bennion as Company’s First-Ever Chief Financial Officer
Paystand – the leader in blockchain-enabled B2B payments – announces Scott Bennion as the company’s first-ever Chief Financial Officer. As a SaaS and fintech veteran, Bennion has spent a distinguished career helping hyper-growth companies achieve scale, having previously led both Sage Intacct and Recurly through significant growth and acquisition. He now joins Paystand on the heels of the company’s recent $50MM Series C financing round as payment volume has surged past $2B and employee growth has exceeded 100% in the past year, with more than 250,000 businesses using the Paystand B2B payment network.