Breaking News
Cardstream® Partners with Moneris to Enable Their Payment Facilitation Services in Canada
Cardstream® Group, UK’s largest independent payment technology provider, and Moneris Solutions Corporation (“Moneris”), a leading Canadian commerce solutions provider, have announced that Moneris will leverage Cardstream’s Payment Facilitation-as-a-Service (“PFaaS”) platform to enable its partners to extend their presence and integrated offerings in the Canadian market.
Through the agreement, Moneris will offer a comprehensive platform to its Independent Software Vendor (ISV) and Independent Sales Organisation (ISO) partners, supporting their expansion opportunities within the dynamic Canadian market.
Adam Sharpe, CEO of the Cardstream Group, said “We’ve built a group portfolio of over 150 channel partners who use and distribute our white label FinTech as their own. Our PayFac-as-a-Service platform is the quickest and most versatile way for companies to enter this rapidly growing billion-dollar global marketplace. We are delighted to have been chosen by Moneris as its technology provider.”
“Moneris is pleased to work together with Cardstream, leveraging its leading-edge platform to support our payment facilitation services,” said Patrick Diab, Chief Product Officer at Moneris. “These services will enable ISV and ISO partners to enter the Canadian market or expand their commerce solutions, beginning in the second quarter of 2025.”
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Kanastra Raises $30 Million Series B from F-Prime to Spearhead Brazil’s Private Credit Infrastructure Development
Kanastra, a financial technology company providing technology infrastructure and services for private credit funds and securitizations, today announced a $30 million Series B round led by F-Prime, with contributions from the International Finance Corporation (IFC), the World Bank's investment arm, as well as follow-on investments from current investors Kaszek, Valor Capital, Quona Capital and Itaú, Latin America's largest bank. The new capital will be used to accelerate product development, deepen automation across the private credit funds lifecycle, and expand Kanastra's client base.
I&M Bank Launches Tanzania’s First Mastercard World Elite Debit and Multi-Currency Prepaid Cards on OpenWay’s Way4 Platform
I&M Bank Tanzania, in partnership with Mastercard and OpenWay, has introduced the country's first Mastercard World Elite debit and multi-currency prepaid cards. Powered by OpenWay's Way4 digital payments platform, the new products cater to the evolving needs of Tanzania's affluent and middle-market customers by offering lifestyle privileges, advanced security, and seamless international transactions.
Sage Unveils Next-Generation, Integrated Cloud HR & Payroll Solution for Mid-Sized Businesses in South Africa
Today, Sage, the global leader in accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs), launches its integrated Sage HR & Payroll Advanced solution for mid-market companies in South Africa. Targeted at organisations with high-complexity payroll needs, the all-in-one, cloud-based payroll and HR software is a powerful step forward in simplifying how mid-sized businesses pay, manage and engage their people.
Atom Bank Bolsters Family Support By Increasing Maternity and Paternity Leave
Atom bank, the saving and lending specialist, has today announced a significant enhancement to its maternity and paternity leave policies.
DailyPay Appoints Accomplished Technology and Product Leader Poulomi Damany As Chief Product Officer
DailyPay has appointed Poulomi Damany as its Chief Product Officer and will be responsible for unifying and optimizing their product
Addepar’s Global Expansion Accelerates with New Switzerland Office
Addepar announced the opening of its new office in Switzerland marking its latest step in their mission to connect the global investment ecosystem
Nuvei Launches First AI Integration Agent to Accelerate Client Onboarding
Nuvei announced the launch of its AI-powered Integration Agent to enable merchants and partners to connect to its global payments infrastructure in hours
Kanastra Raises $30 Million Series B from F-Prime to Spearhead Brazil’s Private Credit Infrastructure Development
Kanastra, a financial technology company providing technology infrastructure and services for private credit funds and securitizations, today announced a $30 million Series B round led by F-Prime, with contributions from the International Finance Corporation (IFC), the World Bank's investment arm, as well as follow-on investments from current investors Kaszek, Valor Capital, Quona Capital and Itaú, Latin America's largest bank. The new capital will be used to accelerate product development, deepen automation across the private credit funds lifecycle, and expand Kanastra's client base.
I&M Bank Launches Tanzania’s First Mastercard World Elite Debit and Multi-Currency Prepaid Cards on OpenWay’s Way4 Platform
I&M Bank Tanzania, in partnership with Mastercard and OpenWay, has introduced the country's first Mastercard World Elite debit and multi-currency prepaid cards. Powered by OpenWay's Way4 digital payments platform, the new products cater to the evolving needs of Tanzania's affluent and middle-market customers by offering lifestyle privileges, advanced security, and seamless international transactions.
Sage Unveils Next-Generation, Integrated Cloud HR & Payroll Solution for Mid-Sized Businesses in South Africa
Today, Sage, the global leader in accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs), launches its integrated Sage HR & Payroll Advanced solution for mid-market companies in South Africa. Targeted at organisations with high-complexity payroll needs, the all-in-one, cloud-based payroll and HR software is a powerful step forward in simplifying how mid-sized businesses pay, manage and engage their people.
Atom Bank Bolsters Family Support By Increasing Maternity and Paternity Leave
Atom bank, the saving and lending specialist, has today announced a significant enhancement to its maternity and paternity leave policies.
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EXCLUSIVE: “Turning Back the Tide” – Maya Tuyen Reisinger, G+D and Simon Rosenberger, Parley for the Oceans in ‘The Fintech Magazine’
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