David Penn, Finovate Blog Journalist Profile

Articles

Best of Show: Talking AI, Personalization, and Authentication on the Finovate Podcast

2 days ago | finovate.com | David Penn

Back to BlogJoin Greg Palmer and the Finovate Podcast as he catches up with the CEOs and founders of the companies that won Best of Show at FinovateSpring 2025 in San Diego, California, last month.
Token.io Receives Strategic Investment from HSBC

2 days ago | finovate.com | David Penn

Back to Blog Account-to-account (A2A) payment infrastructure company Token.io has received a strategic investment from HSBC. The amount was not disclosed. The investment underscores the two companies' history of collaboration, which includes Token.io's support for HSBC's Open Payments solution. Token.io made its Finovate debut at FinovateSpring 2015 and returned to the Finovate stage two years later for FinovateEurope in London.
David Penn - Urbana Radio Show 693 2025-06-05

2 days ago | 1001tracklists.com | David Penn

TL date Thu, Jun 5 2025 Posted by Posted at Thu, Jun 5, 2025 16:23:13 GMT Views 10 Likes 0 IDed all / 13 Short link
FISPAN Locks in $30 Million in Series B Funding

3 days ago | finovate.com | David Penn

Back to Blog Embedded ERP banking innovator FISPAN secured $30 million in Series B funding. The round was led by Canapi Ventures and featured participation from existing investors, including Rhino Ventures. FISPAN most recently demoed its technology at FinovateEurope 2022 in London. In a round led by Canapi Ventures, embedded ERP banking specialist has raised $30 million in Series B funding. Existing investors, including Rhino Ventures, also participated in the round.
ThetaRay and Spayce Team Up To Fight Fraud in Cross-Border Payments

4 days ago | finovate.com | David Penn

Back to Blog Financial crime compliance innovator ThetaRay announced a strategic partnership with cross-border payments platform Spayce. The collaboration will combine ThetaRay's Cognitive AI Transaction Monitoring solution with Spayce's payments infrastructure to enhance the platform's financial crime detection capabilities. ThetaRay made its Finovate debut at FinovateFall 2015 in New York.
Scalable Capital Secures €155 Million in its Largest Funding Round to Date

4 days ago | finovate.com | David Penn

Back to BlogDigital wealth management and investing platform Scalable Capital has raised €155 million ($175 million). The largest funding round in the company's history, the investment was led by Sofina and Noteus Partners, and featured participation from existing investors Balderton Capital, Tencent, and HV Capital. The funding brings Scalable Capital's total raised to more than €470 million (more than $535 million).
Finovate Global North Africa: Financial Inclusion Mobile Money, and Investing in Payments

1 week ago | finovate.com | David Penn

Back to BlogThis week's edition of Finovate Global looks at fintech headlines from companies headquartered in North Africa. Fayda wallet goes live in EthiopiaDesigned to revolutionize the way Ethiopians access digital services, Ethiopia's National ID Program (NIDP) has launched its FaydaPass wallet. The solution, developed in partnership with TECH5 and Visa, will help promote financial inclusion and address the need for verified electronic Know Your Customer (eKYC) services throughout society.
David Penn - Urbana Radio Show 692 2025-05-30

1 week ago | 1001tracklists.com | David Penn

TL date Fri, May 30 2025 Posted by Posted at Fri, May 30, 2025 11:29:52 GMT Views 4 Likes 0 IDed all / 14 Short link
Tradu Turns to Salt Edge for PSD2 Compliance and Payment Initiation

1 week ago | finovate.com | David Penn

Back to Blog Canada-based open banking platform Salt Edge has teamed up with UK-based trading platform Tradu. The partnership will help Tradu enhance its security infrastructure and meet PSD2 compliance regulations. Founded in 2013, Salt Edge made its Finovate debut at FinovateEurope 2017. Garri Galanter is CEO.
More Than $232 Million Raised by Nine Alums in Q1 2025

1 week ago | finovate.com | David Penn

Back to BlogPosted on Categories: eSelf.AI, FutureVault, Highnote, Hypori, Kani Payments, LeapXpert, Method Financial, Napier, Quarterly Funding, Synctera, Zeta Funding for Finovate alums rebounded significantly in the first quarter of 2025, year-over-year. Nine Finovate alums raised more than $232 million in funding, topping 2024's first quarter tally by more than a million dollars.