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Eurazeo Signs an Agreement to Invest in Neoxam, a Provider of Front-office, Middle-office and Back-office Software for Financial Institutions

Eurazeo, via its Small-Mid Buyout team, is today announcing the signature of an agreement with a view to investing in NeoXam, alongside its founder Serge Delpla and its management team led by Florent Fabre.

Under the agreement, Eurazeo would invest more than €100 million, thus becoming the group’s majority shareholder. Historical partners (led by Cathay Capital and BPI), shareholders since 2018, would sell their shares on this occasion.

Wednesday, November 23, 2022 - 11:18
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/news/fundraising-news/eurazeo-signs-agreement-invest-neoxam-provider-front-office-middle-office-and
Financial IT
Quid Global Partners with Currencycloud to Help Entrepreneurs Grow a Successful Business

Currencycloud, the experts in simplifying business in a multi-currency world, have partnered with London-based Quid Global, the single-sign-on digital ecosystem dedicated to SMEs, to launch Quid’s global wallet that supports businesses in their international development.

Wednesday, November 23, 2022 - 11:11
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/news/infrastructure/quid-global-partners-currencycloud-help-entrepreneurs-grow-successful-business
Financial IT
Nium Unveils ‘Closed Loop’ Payments Alternative for Airlines and OTAs

Nium, the global platform for Modern Money Movement, today announced the launch of Nium Airline Payments (NAP), a closed-loop payments solution powered by Universal Air Travel Plan (UATP). NAP provides airlines, travel agents, and online travel agencies (OTAs) with a sustainable and equitable ‘closed loop’ payment model, which closes the door on damaging surcharges and business-restricting non-acceptance policies that have inflated the cost of B2B travel payments for decades.

Wednesday, November 23, 2022 - 11:03
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/news/payments/nium-unveils-closed-loop-payments-alternative-airlines-and-otas
Financial IT
Railsr Launches Insights to put Brands in Control of Their Customers’ Embedded Finance Experiences

Railsr, the leading global embedded finance experiences platform, has launched Insights, a dashboard to empower brands to track, manage and enhance the end-to-end experiences of their customers.

Wednesday, November 23, 2022 - 10:59
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/news/personal-finance/railsr-launches-insights-put-brands-control-their-customers-embedded-finance
Financial IT
Improving Sustainability in Datacentres

Nutanix has today announced that, in response to the global climate crisis and the recent energy crisis, it has sponsored an in-depth report to help business decision makers not only minimise energy costs but radically cut the carbon footprint of their datacentre assets. 

Wednesday, November 23, 2022 - 10:54
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/blog/data/improving-sustainability-datacentres
Financial IT
Atom Changes its Serviceability Criteria to Support More SMEs

Atom bank, the UK’s first app-based bank, has today revamped its serviceability criteria for both variable and fixed rate commercial mortgage products as it looks to improve access to finance and challenge the high street lenders.

Wednesday, November 23, 2022 - 10:50
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/news/banking/atom-changes-its-serviceability-criteria-support-more-smes
Financial IT
United Fintech Appoints Thomas Petersen as Head of Data Partnerships

United Fintech, the go-to platform for capital markets digitisation, has announced the appointment of Thomas Petersen as Head of Data Partnerships, bolstering its team of global talent as it continues its growth.

Wednesday, November 23, 2022 - 10:40
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/news/people-moves/united-fintech-appoints-thomas-petersen-head-data-partnerships
Financial IT
Vayana Network Begins Operations of its ITFS Platform, Vayana TradeXchange (VTX), Initiates the First Transaction in Partnership with Volo Fin Pte. Ltd. (VoloFin)

Vayana TradeXchange, the International Trade Financing Services (ITFS) platform facilitating cross-border trade finance under the supervision of the International Financial Services Centre Authority (IFSCA), GIFT City, today announced the completion and disbursement of its first set of export financing transactions.

Vayana TradeXchange (VTX) is built and operated by Vayana (IFSC) Pvt Ltd, a 100% subsidiary of Vayana Network, the largest Supply Chain Finance platform in India.

Wednesday, November 23, 2022 - 10:37
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/news/trading-systems/vayana-network-begins-operations-its-itfs-platform-vayana-tradexchange-vtx
Financial IT
Galgal, the Youth Centric Neobank Startup Raises USD 1 Million to Help Gen Z Squeeze the Most Out of Their Money

Founded in 2021, by Harsh Chhatrapati and Arun Iyer, Galgal Money is a new-age Mumbai-based Fintech start-up that focuses on bringing efficient banking solutions to the youth, with the purpose to simplify money management and make savings as stress-free as possible. 

Wednesday, November 23, 2022 - 09:42
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/news/fundraising-news/galgal-youth-centric-neobank-startup-raises-usd-1-million-help-gen-z-squeeze
Financial IT
Yubi and axio Tie-up to Deepen Co-lending in India and Enhance Financial Inclusion for Underserved Sectors

Yubi (formerly CredAvenue), the world’s first possibility platform that powers the discovery, execution and fulfilment of credit, and axio (formerly Capital Float), India's leading digital consumer finance company offering pay later, credit and personal finance management announced a strategic partnership, through which axio will leverage Yubi’s co-lending platform to continue expanding its retail credit business.

Wednesday, November 23, 2022 - 09:29
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/news/lending/yubi-and-axio-tie-deepen-co-lending-india-and-enhance-financial-inclusion-underserved
Financial IT

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