Artificial intelligence (AI) and robotics company 1X has raised $100 million in Series B funding. The company will use the new funding to bring to market its...
About 10% of U.K.’s population used open banking services in January. Data from a recent report by Open Banking Limited (OBL) shows that the number...
Neo Financial, the Canada-based digital bank, has raised 185 million in Canadian dollars ($145 million) in a funding round, a report from The Bharat Express...
In this week’s top Europe, Middle East and Africa news, Apple’s plan to develop its own payment processing system may test the limits of the...
$3 billion. That’s the amount Barcelona-headquartered business-to-business (B2B) neobank NEO has cleared through its multicurrency accounts as of March 2022, saving European Union (EU)-based businesses...
“Complete nightmare.” You wouldn’t expect opening a business bank account in Europe to be described this way, given the advanced technologies that developed regions are...
Corporate cash inflows and outflows present ample opportunity for friction and disruption — and, as a result, ample opportunity for innovation. As evolutionary forces in...
Globalization and easing barriers to international expansion aren’t simply changing the way corporates manage foreign exchange exposure. For many firms, these trends are forcing the...
Corporate cash management FinTech Neo is rolling out a new solution to help business customers manage their foreign exchange exposure. In an announcement Friday (March...