iLex, a leading fintech developing the next-generation distribution platform for syndicated loans, today announced the addition of $2.5 million to its pre-Series A round. This brings iLex’s total pre-Series A round to $7 million and total capital raised to date to $11 million. The investment will be used to advance its product roadmap, including the launch of a new primary syndication solution, and accelerate platform adoption in EMEA and APAC.

Estonian fintech Mifundo has made history by becoming the first fintech to receive full funding from the European Innovation Council (EIC) Accelerator, securing €2.5 million in grants and investment.

Bourgeois Boheme, a fintech company targeting the next generation of successful entrepreneurs, has closed a €6.5 million seed round led by Graphit Lifestyle.

TreviPay Chief Financial Officer Joel Campbell has been named as the 2024 CFO of the Year by the Kansas City Business Journal. The annual CFO of the Year award program recognizes financial professionals in the Kansas City region for outstanding performance in their roles as corporate financial stewards. The winners will be honored during an awards event today at Loews Kansas City Hotel. 

Open banking is transforming the financial landscape by allowing third-party financial service providers to access consumer banking, transactions, and other financial data through secure application process interface’s. 

As this ecosystem evolves, subscription payments are emerging as critical components, offering new opportunities and challenges for merchants. 

ACI Worldwide, a global leader in mission-critical, real-time payments software, announced financial results today for the quarter ended June 30, 2024.

The BNP Paribas Group announces today that it has entered into exclusive negotiations with AXA to acquire 100% of AXA Investment Managers, representing close to €850bn assets under management, together with an agreement for a long-term partnership to manage a large part of AXA’s assets.

nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that Shawbrook has chosen nCin

In the ever-evolving landscape of digital identity security, the battle against identity fraud has taken a significant leap forward with the latest advancements in Youverse's liveness detection technology. The pioneering decentralized authentication platform has achieved a remarkable 4x increase in its liveness detection performance, marking a critical enhancement in its capability to differentiate between real human users and sophisticated digital impersonation attempts.

While regulations that protect personal data continue to be refined, they haven't yet plugged all the holes in online privacy. This leaves businesses and individuals exposed, but strong privacy practices remain crucial for businesses to build trust and foster longlasting customer relationships.

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