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Equalum Secures $14M in Series C Funding to Expand Delivery of Continuous Data Integration

Equalum, a best-in-class provider of data integration and ingestion solutions, today announced a $14M Series C financing round. The investors include Planven, United Ventures, Innovation Endeavours, Saints Capital and the company’s newest partner, SpringTide Ventures. Total fundraising now stands at $39M as the company leads the industry in helping organizations connect to, transform, manipulate, and synchronize disparate data from multiple sources at unmatched speed and scalability.

Tuesday, August 9, 2022 - 09:11
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Financial IT
AstroPay Expands Services with the Launch of Global Affiliates Programme

AstroPay, the online payment solution of choice for millions of users worldwide, has launched a flagship global Affiliate Programme to provide revenue-generating opportunities to individuals and businesses that want to generate online income and grow their business. The new programme is aimed at increasing AstroPay’s consumer base worldwide while ensuring that those who are professionally dedicated to affiliate marketing can rely on a solid partner to thrive.

Monday, August 8, 2022 - 16:23
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/news/payments/astropay-expands-services-launch-global-affiliates-programme
Financial IT
Three-day FinTech Festival India 2022 Concluded with the Pledge to Drive More Financial Inclusion

FinTech Festival India, the country’s biggest FinTech event was held between July 20 and 22, 2022 at Pragati Maidan, Delhi, organised by Constellar and supported by Niti Aayog and six central government ministries.

Monday, August 8, 2022 - 14:09
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Financial IT
Legado Acquires Consumer and B2B Bill Management Technology From WonderBill

Open document and data platform specialist Legado has acquired the consumer and B2B bill management technology from WonderBill. Launched in 2016, London-based WonderBill allowed consumers to manage all their household bills and subscriptions.

Monday, August 8, 2022 - 12:48
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/news/management/legado-acquires-consumer-and-b2b-bill-management-technology-wonderbill
Financial IT
Softbank Faces Billions in Losses on Tech Slump

In a harbinger of hard times to come for financial technology fundraising, fintech cheerleader SoftBank has posted a record loss at its Vision Fund investment arm amid a rash of downgrades among its portfolio companies.

Monday, August 8, 2022 - 12:36
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/news/banking/softbank-faces-billions-losses-tech-slump
Financial IT
Creating a Fairer Debt Collection Process for Everyone

Amon Ghaiumy is CEO and Co-founder of Ophelos, a technology firm helping businesses and their customers to resolve debt with a fairer, more manageable approach. Founded in July 2021, Ophelos is committed to creating a better debt resolution process through customer-centric product development and machine learning technology.

Monday, August 8, 2022 - 12:06
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Financial IT
The Backbase Engagement Banking Platform is Now Available in the Microsoft Azure Marketplace

Backbase is proud to announce that the Backbase Engagement Banking Platform is now listed in the Microsoft Azure Marketplace, online store providing applications and services for use on Azure. Backbase customers can take advantage of the productive and trusted Azure cloud platform, with streamlined deployment and management.

Monday, August 8, 2022 - 11:09
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/news/banking/backbase-engagement-banking-platform-now-available-microsoft-azure-marketplace
Financial IT
Crypto.com Expands in South Korea with Acquisitions of PnLink and OK-BIT

Crypto.com, the world’s fastest growing cryptocurrency platform, announced today it has secured Electronic Financial Transaction Act and Virtual Asset Service Provider registration by acquiring payment service provider ‘PnLink Co., Ltd.’ and virtual asset service provider ‘OK-BIT Co., Ltd.’.

Monday, August 8, 2022 - 10:39
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/news/cryptocurrencies/cryptocom-expands-south-korea-acquisitions-pnlink-and-ok-bit
Financial IT
Geopagos Receives US $35 Million in a Round led by Riverwood Capital

Geopagos, the payment acceptance infrastructure with the most comprehensive omnichannel offering in Latin America, has announced that it has received a $35 million equity round led by Riverwood Capital, a global investor in high-growth technology companies, with participation in Endeavor Catalyst. The round represents the company’s first institutional financing and will facilitate the acceleration of its expansion plan in Latin America while increasing investments in its technological infrastructure.

Monday, August 8, 2022 - 10:30
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/news/fundraising-news/geopagos-receives-us-35-million-round-led-riverwood-capital
Financial IT
Penfold Closes £7M Series A Funding Round to Accelerate Growth

Penfold, the digital pensions platform, today announces the close of its £7m Series A funding round. This follows the significant expansion of the business and the launch of its workplace pension platform in late 2021. 

Monday, August 8, 2022 - 10:19
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Financial IT

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