Silkbank will upgrade its card management suite to use Silverlake's latest platform, Symmetri OmniCard V6.

SGX-listed Silverlake Axis Ltd, the ASEAN leader in next-generation digital core banking systems and solutions, today announced an expansion of its partnership with Silkbank, a leading commercial and Islamic bank in Pakistan. Through the latest agreement, Silkbank will upgrade its card management suite to use Silverlake's latest platform, Symmetri OmniCard V6.

Strategic investment sets the stage for expanded future omnichannel merchant acquiring capabilities for European SMBs, Value-Added Services and Payments Innovation

Acquisition strengthens BlackLine's intercompany accounting solutions, adding advanced tax and statutory reporting compliance capabilities to its financial operations management platform

SAP SE today announced its intent to acquire a majority stake of Taulia, a leading provider of working capital management solutions. The move is aimed at giving companies better access to liquidity and improving their cash flows. The acquisition further expands SAP’s Business Network and strengthens SAP’s solutions for the CFO office.

 Hardbacon, a personal finance application used by more than 35,000 Canadians, announced today a partnership with Métro Média to launch a new media brand, PARLONS BACON.

The new content destination, which joins Métro's PARLONS CASH platform, aims to demystify personal finances for millennials.

Although Covid came and changed the way we live and work over the past 24 months, for those working in compliance, it meant the introduction of more laws, rules and regulations. With these additions, compliance teams continue to face more regulations that need to be discussed, analyzed and implemented. It is also forecasted that the demand for technology will continue to grow which will require the use of automation and Artificial Intelligence to keep up. 

Starling customers will now be able to set up an engaging, accessible and high performing pension in minutes

Penfold, the digital pensions platform, has today announced they have been added to Starling Bank’s Personal Marketplace, allowing customers to set up a Penfold pension through the Starling app in a matter of minutes.

Partnerships

Segmint partners with Snowflake to revolutionize payment transaction enrichment for financial institutions 

1. Eleven Ventures raises €60 million fund 

Moglix has raised $250 Million in its latest Series F funding round, at a valuation of $2.6 Billion. This investment was led by Tiger Global and Alpha Wave Global with Hong Kong based Ward Ferry coming onboard as a new investor.

In 2019, Moglix was the first B2B sector investment in India by Tiger Global which continued to double down and invest in Moglix over the last 3 years. Early investors, who had invested in Moglix during the seed stage have seen an 80X return on their investment in this B2B commerce pioneer.