Mulligan Funding, LLC

BV Investment Partners | March 02, 2020

BV Investment Partners ("BV"), a middle-market private equity firm focused on the tech-enabled business services, software and IT services sectors, announced today that it has successfully completed its first and final close for BV Investment Partners Fund X at its hard cap of $1.1 billion. The Fund had a $1 billion target and received limited partner commitments in excess of its $1.1 billion hard cap. Vik Raina, CEO and Managing Partner of BV Investment Partners, said, "BV ...

CORE BANKING

Mastercard | September 08, 2021

Mastercard today announced it has entered into an agreement to acquire Aiia, a leading European open banking technology provider offering a direct connection to banks through a single API, allowing its customers to develop and launch new digital solutions that meet the needs of everyday life, work and play. Open banking is democratizing financial services by putting consumers at the center of where and how their data is used to provide the services they want and need. Fintechs and...

PAYMENTS

Qolo | February 02, 2021

Qolo disclosed its plan about its INTERACT embedded processing functionality and platform licensing solutions. It will happen through its 100% native cloud capability. The initiative is taken in response to the existing industry’s challenges regarding payments and transaction processes that negatively impact customers. Qolo has introduced its INTERACT embedded processing capability by adopting cumbersome integrations. This functionality will support Fintech companies to contribute to the p...

TransferWise | June 30, 2020

Financial technology firm TransferWise has obtained a license from the U.K. markets watchdog to offer retail investment services to clients. The London-based firm started life as a means of sending money internationally online. In 2018, it made a deeper push into banking by offering a “borderless” multi-currency account tied to a debit card. Users have so far deposited £2 billion ($2.5 billion) with the account. Now, TransferWise plans to launch a service that let...