<div>
  <ul>
    <li>
      <p>
        Vodeno, a banking-as-a-service (BaaS) infrastructure provider, has appointed Noah Sharp as CEO, replacing Helen Smith. The company also appointed Philip McHugh as chairman of the board. McHugh and Sharp aim to lead Vodeno's next phase of growth and continue the company's momentum.
      </p>
    </li>
    <li>
      <p>
        Noah Sharp served as the deputy CEO of BCB Group and has held senior roles within global banks, including Standard Chartered Bank and Deutsche Bank. Meanwhile, McHugh is the former CEO of Paysafe and has also held senior roles in several companies, such as TSYS Merchant Solutions, Barclaycard Business Solutions, and Citigroup. Notably, the duo have a combined 50 years of experience in the banking and payments industry.
      </p>
    </li>
    <li>
      <p>
        <b>Analyst QuickTake: </b>
        Vodeno joins several other payment infrastructure companies that have appointed new CEOs during the year. For instance, earlier this month, 
        <a href="https://sp-edge.com/updates">
          PPRO appointed Motie Bring
        </a>
         as its CEO. Other notable
        <b> </b>
        appointments were seen during the year in 
        <a href="https://sp-edge.com/companies/265428">
          Stax 
        </a>
        (
        <a href="https://sp-edge.com/updates/20659">
          Paulette Rowe 
        </a>
        in August), 
        <a href="https://sp-edge.com/companies/123849">
          Paddle 
        </a>
        (
        <a href="https://sp-edge.com/updates/17983">
          Jimmy Fitzgerald 
        </a>
        in April), and 
        <a href="https://sp-edge.com/companies/7083">
          Mollie 
        </a>
        (
        <a href="https://sp-edge.com/updates/15926">
          Koen K&ouml;ppen 
        </a>
        in January).&nbsp;&nbsp;
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.finextra.com/pressarticle/98077/vodeno-unveils-new-chairman-and-ceo">
      Finextra
    </a>
  </p>
  <p>
  </p>
</div>


FinTech Infrastructure

ANALYST_QUICK_TAKE

DISRUPTOR_PRESENT

Banking-as-a-service provider, Vodeno, has appointed Noah Sharp as its new CEO, replacing Helen Smith. Philip McHugh has also been appointed as chairman of the board. Sharp aims to lead the company's growth and momentum, and brings with him extensive experience from senior roles in global banks. McHugh, the former CEO of Paysafe, has years of experience in the banking and payments industry. This appointment aligns with the trend of payment infrastructure companies appointing new CEOs this year, such as PPRO, Stax, Paddle, and Mollie.

Vodeno appoints Noah Sharp as CEO

PROMINENT_CATEGORY

Incode Technologies and Sardine have joined forces to offer biometric authentication solutions for Marygold & Co, a FinTech firm. This collaboration will benefit Marygold by providing solutions for the KYC onboarding process. Incode's facial recognition and authentication services, as well as document verification, will be available to Marygold. Additionally, Marygold will gain access to Sardine's behavioral biometrics technology, as well as its fraud prevention and AML capabilities. This partnership aims to enhance identity verification and compliance measures for Marygold & Co.

Incode partners with Sardine to offer biometric verification to Marygold & Co.

Banking-as-a-service (BaaS) provider Swan has raised EUR 37 million in a Series B funding round led by Lakestar, bringing its total funds raised to EUR 58 million. The new funding will be used to expand the platform's payment collection methods, add lending services, and introduce local international bank account numbers (IBANs) in the Netherlands and Italy. Swan offers white-label BaaS solutions, including accounts, cards, and payment solutions, for various enterprise use cases. Its platform allows users to create and manage payment accounts, virtual and local IBANs, and make capital deposits, while also offering card issuance capabilities.

Swan raises EUR 37 million in Series B funding

Payments infrastructure provider Form3 has secured an undisclosed investment from Visa. The two firms are also expanding their commercial partnership, enabling Visa's clients to use Form3's payment platform. Additionally, the partnership aims to enhance the security of real-time account-to-account payments by reducing fraud.

Form3 received undisclosed investment from Visa

Payment infrastructure provider PPRO has announced that its Chief Commercial Officer Motie Bring will take over as CEO on October 2, 2023, replacing current CEO Simon Black. Bring has over 20 years of experience in the payments industry and has held executive positions at global providers. The announcement follows Black's recent announcement that he would step down by the end of the year. PPRO is joining a growing list of payment infrastructure companies, such as Stax, Paddle, and Mollie, that have appointed new CEOs this year.

PPRO appoints Motie Bring as CEO

Real-time lending infrastructure platform, Momnt, has secured $15 million in a funding round led by TruStage Ventures, with participation from Saluda Grade Ventures and Rockefeller Asset Management. This follows a $9.5 million raise last year and brings Momnt's total funding to $33 million. The new capital will be used to improve the platform through investment in people, processes, and technologies. Momnt also has plans to expand into new verticals, broaden its geographical presence, and expand its product offerings.

Momnt raised USD 15 million in funding

Open banking infrastructure provider, Yapily, has announced a partnership with Ntropy, an AI-based financial data standardising and enhancing platform. The collaboration aims to enhance credit decisions, fraud detection, and credit risk assessment for Yapily's customers. Ntropy's enriched bank transaction data will be used to validate self-reported financial information, identify merchants, and easily identify income and revenues. This partnership will also allow Ntropy to extend its services to Yapily's European customer base, expanding its presence in the region.

All Updates

Vodeno appoints Noah Sharp as CEO

Incode partners with Sardine to offer biometric verification to Marygold & Co.

Swan raises EUR 37 million in Series B funding

Form3 received undisclosed investment from Visa

PPRO appoints Motie Bring as CEO

Momnt raised USD 15 million in funding

Yapily leverages Ntropy to improve open banking offering

EchoPay partners with Token to offer account-to-account payments for wholesalers

Finastra raises USD 5.3 billion in debt financing

Rightfoot raises USD 15 million in Series A funding