Judo Payments Funding

Judo Payments mobile-first payments platform has successfully closed an additional £6M in funding for expanding its mobile commerce, led by Route 66 Ventures. They also announced partnerships with KFC for online payments. Last year Judo partnered with coffee chain Harris + Hoole to produce an award-winning app, “Retailer of the Year” at Payments Awards 2014, that allows customers to pay without having to touch, tap or scan at the counter. The £6M extra investment will be used primarily to increase the resources of the team as Judo looks to expand its existing business and products in Europe and enter into new geographic territories later this year. The Judo platform offers mobile-specific fraud prevention and API level transaction routing.

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Misys InFusion

Misys signed an agreement with tcmpartners making it a member of Misys InFusion Partner Program. It’s partnership will cover Mexico, Colombia, Chile and Peru, as well as in European markets, that include Spain, Portugal, and Andorra. tcmpartners specialises in assisting financial institutions address complex financial systems needs involving regulatory requirements, system selection, customisations and implementation. Its extensive understanding of the Latin American region enables the company to provide local and tailored market knowledge. tcmpartners will implement Misys solutions for Capital Markets, Risk Management and Investment Management rapidly and effectively.

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Monitise Sale

UK-based Monitise reports it is commencing a review of all options open to the Company to maximize value for shareholders, i.e. “we are for sale.” The Board believes the Company has an exciting future as an independent business, however it recognizes that there may be other businesses which could leverage Monitise’s capabilities for digital commerce enablement to significantly accelerate the growth of the business and take maximum advantage of the growth opportunities in the market today.

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