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US fintech Payoneer acquires Israel’s Spott

The data platform’s co-founders Amit Batzir and Roma Bronstein will join Payoneer’s technology team, also located in Israel.

Tide introduces accrual-based accounting to ‘Tide Accounting’ tool

Powered by Sage, Tide Accounting enables UK small businesses to “do their business banking, bookkeeping and accounting in one seamless experience”.

Plaid, Amex Ventures back US card-on-file management platform Knot

Knot has raised $10 million in a Series A funding round, led by Nava Ventures.

Petal bags $200m debt facility

The US fintech also agreed a new $20 million loan facility and another $20 million in additional equity funding.

PayPoint adds ‘Confirmation of Payer’ to product suite

Managing director Danny Vant called it “the natural next step” following the appetite among businesses for Confirmation of Payee.

Q&A: Obconnect’s Darran Morford on the key developments in Open Banking

Darran Morford, chief executive officer of obconnect, answers questions about Open Banking as he gears up to speak at Open Banking Expo UK and Europe.

Tifin makes two exec leadership hires as it scales

Stacy Carter and Bhavna Thakur have been appointed to the senior leadership team hot on the heels of the launch of Tifin.AI.

Flutterwave extends remittances solution Send App to US, Canada

Flutterwave’s Send App has also undergone a rebrand as it continues to add recipient countries to its network.

Trading platform CMC Markets enables Open Banking payments with TrueLayer

CMC Markets’ Colleen Bohm said its investor clients value an interactive payment method that can deliver near real-time payments.