Search Results for: Market Infrastructure
Fintech Terrapay Raises $9.6 Million From Prime Ventures, IFC, and Partech
TerraPay announced that a consortium of investors, including Prime Ventures, Partech Africa and management acquired the company for an undisclosed sum. In addition, the same investors, joined by IFC, invested $9.6 million in TerraPay to fund the company’s expansion. TerraPay, a company incubated by Comviva, the India-headquartered mobile solutions provider,......
Virgin Money Australia Selected Temenos SaaS to Power the Digital Bank of the Future
Temenos banking software – delivered as SaaS built on modern cloud-native, cloud-agnostic and API-first technology – has been selected by Virgin Money Australia, a division of Bank of Queensland (BOQ), to simplify its digital business model and drive operational efficiencies Temenos, the banking software company, announced that it had been......
PPS Enables Best-in-Class Real Time Payments for UK and European Fintechs via Pay.UK’s Faster Payments Scheme and Strategic Partnership with Form3
PPS, formerly PrePay Solutions, and subsidiary of Edenred, the everyday companion for people at work, has announced its direct participation in Pay.UK’s Faster Payments Scheme, the service that enables UK domestic mobile, internet, telephone and standing order payments to move quickly and securely. In conjunction, PPS also announces its new partnership with Form3,......
Finance Professionals Focusing on Innovation and Adaptability in 2020
A new study from BillingPlatform reveals the ways finance professionals are seeking to help their companies this year, including support for new products and changes to pricing and delivery options Leading global cloud-based monetization and billing solution provider, BillingPlatform, announced the results of its 2020 Trends in Finance study. Over 300 finance......
Leading Asset Management Consultant Joins Bay Street Advisors
Bay Street Advisors is pleased to announce the appointment of Patricia Muller as Partner to build and lead the firm’s Asset Management Practice. Bay Street Advisors, a leading advisory and executive recruiting firm specializing in financial services, is pleased to announce the appointment of Patricia Muller as Partner and Head of the......
An Industry First: Cloud9 and IPC Launch Innovative Disaster Recovery as a Service Solution
IPC, a leading provider of communications and networking solutions for the financial markets, and Cloud9 Technologies (“Cloud9”), a leader in cloud-based communications, announced the launch of Disaster Recovery as a Service (DRaaS). The introduction of this state-of-the-art cloud-based offering for financial firms transforms the industry with a complete turnkey solution for......
Comviva Divests its Stake in TerraPay to Prime Ventures, Partech Partners and International Finance Corporation (IFC)
TerraPay raises $9.6 million fund for company’s expansion Comviva, the global leader in mobility solutions, has announced its divestment of stake in TerraPay, for an undisclosed amount to a consortium of global investors. Prime Ventures and Partech Partners are co-investing in TerraPay, along with IFC, a member of the World Bank Group. Apart from acquiring......
Accenture Completes Acquisition of Mudano, Enhancing Its Analytics and Data Transformation Services to Financial Services Firms in the UK
Accenture has completed its acquisition of Mudano, a strategic data consultancy to U.K. financial services firms. The acquisition enhances Accenture’s analytics, data and artificial intelligence (AI) transformation capabilities. Terms of the transaction were not disclosed. Mudano’s team of industry-focused data professionals will join Accenture Applied Intelligence. Mudano was founded in 2014......