Monite, an API-first embedded finance workflows startup, has secured an aggregate $10M in Seed financing to help platforms working with SMBs capitalize on hassle-free B2B payments automation for their clients. 

2023 is off to a rocky start for retailers. Recent events including the COVID-19 crisis, the ground war in Europe and rising inflation are all having a toll on how consumers are shopping - and merchants need to adapt to the new landscape.

Praxent, a fintech product agency with more than two decades of experience, has launched its Accelerator App to help wealth techs expedite time to market. The offering includes pre-built functionality that allows wealthtech providers to launch a robo-advisor with less cost and more speed.

Fundpath Takes on Fuel with £4M Late Seed Funding Round

Partnerships 

AllianceBernstein Selects Aiviq for Client AUM and Flow Data Products and Services

Baker Hill, a leading financial technology provider in delivering solutions for loan origination, risk management and analytics, announced its Baker Hill NextGen® Banker Application was named a Product Innovation of the Year nominee by TechPoint for the 24th annual Mira Awards. The TechPoint Mira Awards are Indiana’s largest and most prestigious technology awards, and the annual awards gala will celebrate the “Best of Tech” in Indiana at the JW Marriott Indianapolis on Saturday, April 22, 2023. 
 

With so many changes and disruptions to normal business operations, employee training has become a key component in the success of any organization. Remote employee training can be highly beneficial for businesses that want to maintain the same high learning standards while potentially decreasing costs and improving flexibility.

Clearwater Analytics, a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced a new services partnership with BNP Paribas’ Securities Services business, a global multi-asset servicing specialist with EUR 11.1 trillion in assets under custody and EUR 2.3 trillion in assets under administration, to offer investment accounting and reporting solutions combined with the bank’s custodian services.

UBS plans to acquire Credit Suisse. The combination is expected to create a business with more than USD 5 trillion in total invested assets and sustainable value opportunities. It will further strengthen UBS’s position as the leading Swiss-based global wealth manager with more than USD 3.4 trillion in invested assets on a combined basis, operating in the most attractive growth markets.

DECTA, a leading provider of end-to-end payment infrastructure, has ramped up its strategy for UK growth, appointing Scott Dawson as Head of Sales and Strategic Partnerships.