Mangopay, a leading provider of modular and flexible payment infrastructure for platforms, is pleased to announce the appointment of Mark Fleming as Chief Commercial Officer. Mark will join CEO Romain Mazeries’ leadership team to spearhead Mangopay’s international expansion and growth into new client industries, furthering the company’s impact on the platform economy. 

Liechtenstein-based LGT, in collaboration with Avaloq and Synpulse8, has implemented the OpenWealth API standard to enhance LGT's business with financial intermediaries. The new solution will provide them with real-time access to LGT's investment positions and transaction data, with standardized data quality and an intuitive single interface.

Monavate, a prominent provider of payment solutions, has joined forces with Know Your Customer, a global leader in business KYC verification. Together, they aim to revolutionise the European payment solutions sector by redefining compliance processes, elevating customer onboarding experiences, and cultivating trust within the digital payment ecosystem.

Kapitus, a leading provider of financing for small and medium sized businesses, today announced the closing of a $45 Million investment-grade corporate note financing. The closing of this most recent financing increases the Company’s total debt facilities to $585 Million.

finova, the UK's largest cloud-based mortgage and savings software provider, has today rolled out two new upgrades to its award-winning origination platform, Apprivo: ‘SmarterDocs’ and ‘Enhanced Tasks’.

The launch of ChatGPT marked a watershed moment for AI and its adoption, and the range of problems that AI can address keeps growing at a quick pace. In its new report Artificial intelligence: Sizing and seizing the investment opportunity, UBS GWM’s CIO outlines a value chain led framework for the investable AI universe, describing the value creation in the AI industry from a bottom-up perspective.

Trustwise, a pioneer in generative AI application performance and risk management, today announced its official launch, the release of its Optimize:ai product, and $4 million in seed financing. Led by Hitachi Ventures with participation from Firestreak Ventures and Grit Ventures, this investment will enable the company to speed up the development of cost and risk optimized generative AI prototypes for various industries, accelerate its go-to-market and partnership strategy, and further its research initiatives.

Chexy, Canada’s rent rewards and payments platform announces its seed round raise of $4.1M. The round was led by Venrex, with participation from Crossbeam Ventures, Groundbreak Ventures, Antler Global, and strategic angels in real estate, fintech, and banking. 

Ramify, the innovative wealth management and financial advice platform, announces a fundraising of €11 million in Series A. This funding round was led by 13books, with the participation of Fidelity International Strategic Ventures and historical investors that are Newfund, AG2R LA MONDIALE through its investment fund ALM Innovation, Crédit Agricole Brie Picardie, and business angels.