Issuer processing powerhouse Enfuce, announced today an €8.5m follow-on investment round, led by Vitruvian Partners with participation from Maki.vc, and Visa, a world leader in digital payments. This follows Enfuce’s €45m Series C funding round initiated in 2021. Enfuce has raised a total of €62m to date.
Swan, the emerging European leader in embedded finance, today opens its first office in the Netherlands, and launches localized Dutch accounts, as part of its continued European expansion. The launch is part of the company's European hyperlocalization strategy, following a successful launch in Spain earlier in the year. The launch
Today, Juni, the financial platform built for digital commerce, expands its Capital product offering with Inventory Financing for ecommerce businesses. The new product follows the launch of Juni’s media financing product earlier this year that allows businesses to ‘buy media, pay later’ (BMPL). The latest addition is part of
A decade has swiftly passed since Aileen Lee of Cowboy Ventures coined "unicorn" in a TechCrunch article to describe the rare breed of startups valued at over $1 billion, exactly 10 years ago on this day. Defined at the time as “U.S.-based software companies started since 2003 and
The Central Bank of the Republic has laid down the foundation for Colombia’s instant transfer system, inspired by the Brazilian Pix platform. In Colombia, for instance, a PIX would end the dependency on payment methods such as PSE and Transfiya, as these would not be sufficient. On November 1,
In a move that reaffirms its commitment to revolutionizing digital commerce banking, Juni has taken a pivotal step in expanding its cross-border payment capabilities. European businesses using Juni's platform can now seamlessly conduct transactions with entities in both the US and mainland China.
India's Universal Payment Interface (UPI) has garnered both praise and criticism from the global payment giant, Mastercard. At a recent UBS conference, Mastercard's CFO, Sachin Mehra, commended UPI for its role in digital transformation. However, he expressed concerns about its long-term financial viability. What is UPI? UPI is India's mobile