News from Samsung, BTIG, REPAY, GEP, and more in Fintech this week.
PEOPLE
BTIG Hires Brian Ager as Managing Director
Global financial services firm BTIGOpens a new window announced the appointment of Brian Ager as Managing Director in the firm’s Foreign Exchange (FX) Trading unit. He will focus on building out BTIG’s electronic FX trading capabilities and expanding its client base.
Pitney Bowes Appoints Gregg Zegras As Executive Vice President and President, Global Ecommerce
Pitney BowesOpens a new window , a global technology company that provides commerce solutions in the areas of eCommerce, shipping, mailing, and financial services, has appointed Gregg Zegras as the new Executive Vice President and President, Global eCommerce. He will look over the company’s fulfillment, delivery, and returns services.
FUNDING
EMQ Raises $20M in Series B
EMQOpens a new window , a financial settlement network that delivers fast, affordable and transparent cross-border settlements, announced funding of $20 million in series B funding round led by WI Harper Group, with participation from new and existing investors including Abu Dhabi Capital, AppWorks, DG Ventures, Hard Yaka, Intudo Ventures, January Capital, Quest Venture Partners, SparkLabs Taipei, Vectr Fintech Partners, and VS Partners. .
Plum Bags $10M for Europe Expansion
London and Athens-based fintech company PlumOpens a new window has raised $10 million in a funding round led by Japan’s Global Brain and the European Bank for Reconstruction and Development. The company delivers a “smart†money management app that enables the users to enhance their financial resilience. The funding will fuel its European expansion.
PARTNERSHIP, MERGER & ACQUISITION NEWS
Sezzle Partners With Plaid To Deliver Financial Control
Installment payment platform SezzleOpens a new window has partnered with digital tools company Plaid. Sezzle will be joining Plaid’s data network, giving users enhanced security and control over their financial data and usage. The partnership enables Sezzle customers to pay quickly through their bank accounts and also reduce processing cost.
REPAY Acquires cPayPlus For $16M
Repay Holdings Corporation, a vertically-integrated payment solution provider, has acquiredOpens a new window cPayPlus, an accounts payable automation provider for $16 million. cPayPlus operates in a variety of industries, including automotive, property management, and field services.
PRODUCT LAUNCHES
GEP Launches Next-Gen Accounts Payable Automation Platform
GEPOpens a new window , a provider of procurement and supply chain strategy, software, and managed services, has launched its next-gen accounts payable (AP) automation platform. It will address the market’s need for a cloud-native solution that leverages artificial intelligence and machine learning to improve and speed up account payable operations.
Samsung, SoFi, Mastercard Launch Money Management Platform
Samsung Electronics, in partnership with SoFi, a fintech company, and Mastercard have launched Samsung Money by SoFiOpens a new window : a mobile-first money management experience. Users will be able to avail exclusive offers and discounts using Samsung Money by SoFi.
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