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Duna Raises €10.7 Million Seed Round to Simplify Business Identity Verification

Duna's platform for compliant business identity helps large enterprises like Plaid, Bol, Moss, Sequra, and Brand New Day Bank to grow their customer base while adhering to increasing regulation like AMLD5/6, PSD2/3, DAC7, DORA and the Supply Chain Transparency Act. Over time, Duna’s product will evolve into a network for shareable business identity: making business identification as simple as two clicks. The product drives substantial business impact: within six months, onboarding conversion has gone up around 38% for enterprises.

Thursday, May 8, 2025 - 17:42
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Financial IT
Circula Secures 15 Million Euros in Extended Series-A Round

Efficient expense management is one of the daily challenges for companies worldwide. Especially in times of rigorous cash management requirements, the CFO office in the German mid-market plays a significant role in contributing to business success. Circula automates expense management with its modular platform, from automatic receipt capture and AI-powered verification of booking data to the tax validation of records. As a result, Circula reduces manual effort by an average of 80% and shortens monthly closing processes by several business days.

Thursday, May 8, 2025 - 17:35
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/news/fundraising-news/circula-secures-15-million-euros-extended-series-round
Financial IT
Form3's Unique Platform Delivers Zero-Downtime Payment Processing Using Multi-Cloud Architecture and a Single Code Base for Customers

Form3, the leading cloud-native account-to-account payments platform, today announced it is the only provider in live production delivering zero-downtime payment processing via a true multi-cloud architecture and a single code base. The platform currently processes over £4 billion in annual transaction volume for tier one banks including Mastercard, Nationwide, Lloyds, and Barclays.

Thursday, May 8, 2025 - 17:30
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/news/cloud/form3s-unique-platform-delivers-zero-downtime-payment-processing-using-multi-cloud
Financial IT
Coinbase to Acquire Deribit: Becoming the Most Comprehensive Global Crypto Derivatives Platform

Today, we’re announcing a milestone transaction: Coinbase has entered into an agreement to acquire Deribit, the world's leading crypto options exchange with approximately $30 billion of current open interest . This strategic acquisition significantly advances Coinbase’s derivatives business, establishing us as the premier global platform for crypto derivatives.

Thursday, May 8, 2025 - 17:28
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/news/cryptocurrencies/coinbase-acquire-deribit-becoming-most-comprehensive-global-crypto-derivatives
Financial IT
New Survey Reveals Enterprise AI Breakthroughs Advancing, But Business Impact Still Out of Reach

Domino Data Lab, provider of the leading Enterprise AI Platform trusted by the largest AI-driven companies, released its 2025 REVelate report, revealing a major move: organisations are going beyond AI experimentation into large-scale production.

Thursday, May 8, 2025 - 16:53
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/news/artificial-intelligence/new-survey-reveals-enterprise-ai-breakthroughs-advancing-business
Financial IT
Balance Integrates RTP Rails to Deliver Frictionless B2B ACH Payments and Improve Merchants’ Cash Flow

Balance, the financial infrastructure platform for B2B commerce, today announced the launch of Instant Bank Connection, a new capability powered by Real-Time Payment (RTP) rails that simplifies ACH setup for buyers and speeds up payments to merchants—improving cash flow and reducing processing costs.

Thursday, May 8, 2025 - 14:51
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/news/payments/balance-integrates-rtp-rails-deliver-frictionless-b2b-ach-payments-and-improve
Financial IT
TOPPAN Edge and Partisia Forge Partnership to Advance Privacy-First Digital Identities with Blockchain and MPC

TOPPAN Edge, a leading Japanese provider of business information management solutions, has teamed up with Denmark’s Partisia, a pioneer in Multi-Party Computation (MPC) and blockchain-based privacy solutions, to launch a transformative privacy-first digital identity platform. Leveraging Partisia’s Decentralized Identity technology, this partnership empowers individuals to securely manage their private data, setting the stage for a scalable, user-driven data economy with global reach.

Thursday, May 8, 2025 - 14:45
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/news/digital-identity/toppan-edge-and-partisia-forge-partnership-advance-privacy-first-digital
Financial IT
Finova and Castle Trust Bank Launch Upgraded Broker Portal with Finova Lending Origination Platform

Finova, the UK's largest cloud-based mortgage and savings software provider, has today announced the successful delivery of a new upgraded application and processing platform built for brokers for Castle Trust Bank.

Thursday, May 8, 2025 - 13:52
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/news/paas/finova-and-castle-trust-bank-launch-upgraded-broker-portal-finova-lending-origination
Financial IT
Leading Canadian Financial Services Platform Wealthsimple Taps Eventus for Compliance Solution

Eventus, a leading provider of comprehensive, at-scale trade surveillance and financial risk solutions, announced that Wealthsimple is among its newest clients deploying the firm’s Validus platform for trade surveillance across asset classes. Wealthsimple is one of Canada’s fastest growing financial services platforms, serving more than three million clients, with $50+ billion in assets across trading, saving and investing.

Thursday, May 8, 2025 - 13:48
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/news/compliance/leading-canadian-financial-services-platform-wealthsimple-taps-eventus-compliance
Financial IT
Juice, the Founder-Focused Lender Platform, Secures £25 Million in Funding; Unlocking New Funding Options for Thousands of UK SMEs

Fintech alternative lending platform for digital founders, Juice, has announced today that it has raised £25 million in funding to support its aim to democratise finance by providing SME founders with capital and confidence to achieve growth ambitions. These investments came from family offices Aern Capital and Falco Capital, underpinned by a credit line from Paragon Bank.

Thursday, May 8, 2025 - 12:23
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Financial IT

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