Page 705 - Execution News Today

Singapore-headquartered cross-border remittance firm Lightnet has secured a $50 million capital commitment from LDA Capital.

MultiPass, a UK-based bank challenger specialising in multi-currency cross-border payments, partners with Moorwand, a payments solutions provider offering BIN sponsorship and issuing services, and payments processor Tribe Payments, to launch corporate payment cards.

Singapore-headquartered, Financial Technology (FinTech) company, banco (RABC Group) today announced the successful raise of US$6.7M in Series A funding led by Japan-based leading financial group SBI Group, alongside investors Sumitomo Mitsui Banking Corporation (SMBC), R3, Savills, KZM & Company, and others.

The central banks of Indonesia and Singapore have commenced work on a cross-border QR payment linkage between the two countries as part of a wider Asean-wide connectivity efffort.

A group of Democrat lawmakers have written to BNPL firm Credova Financial expressing "strong concerns" about its facilitation of online gun purchases.

Bango plc (AIM:BGO), the global platform for data-driven commerce, announces that it has acquired the global payments business of NTT DOCOMO (“DOCOMO Digital” or the “Acquisition”).

Broad partnership with Nidec includes a firm sales contract to supply 38 GWh of next-generation clean LFP Li-Ion battery cells from 2025 2030 combined with a Joint Venture Agreement to develop, manufacture

"States cannot continue to pretend that the abhorrent practice of lethal injection is in any way humane," the group asserts.

UBS has signed a ten-year carbon removal agreement with direct air capture firm Climeworks.

Grey, a fintech started by two Nigerians to simplify sending and receiving foreign payments for Africans, has raised $2 million in seed funding.