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Nexi Group lands €220m financing from the EIB

Nexi Group Secures €220M Financing: Italian paytech Nexi Group received €220 million in funding from the European Investment Bank (EIB) to support innovation...

Solaris to “discontinue major parts” of EMI business

Solaris Discontinues Major EMI Operations: German embedded finance platform Solaris announced it will discontinue significant parts of its Electronic Money Institution (EMI) business,...

US Department of Justice files civil antitrust lawsuit against Visa

DOJ Lawsuit Filed Against Visa: The US Department of Justice (DOJ) has filed a civil antitrust lawsuit against Visa for alleged monopolization in...

India’s Cashfree Payments hires Nitin Pulyani as new head of product

Cashfree Payments has appointed Nitin Pulyani as its new head of product and senior vice president (SVP). Pulyani will lead product development, focusing...

US Department of Justice files civil antitrust lawsuit against Visa

US Department of Justice (DOJ) filed a civil antitrust lawsuit against Visa for "monopolisation" in debit network markets, citing violations of Sections 1...

US transportation paytech AtoB raises $130m in equity and debt funding

Funding Details: AtoB, a payments solutions provider for the transportation industry, raised $130 million in Series C funding, a mix of equity and...

BIS’ Project Agorá to commence design phase with private sector participants confirmed

Project Overview: Project Agorá, led by the Bank for International Settlements (BIS), aims to explore how tokenisation can improve wholesale cross-border payments. Private...

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