Embat has closed a financing round of $16 million Series A led by Creandum, Spanish VC Samaipata, 4Founders, and Venture Friends in Greece.

BFREE, Africa’s leading ethical credit manager platform, proudly announces the successful completion of its latest funding round, securing a total of US$ 2.95 million. The round, led by Capria Ventures, a Global South specialist investing in applied Generative AI, welcomed a consortium of esteemed investors, including Angaza Capital, GreenHouse Capital, Launch Africa, Modus Africa, Axian CVC, and angel investors.

nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that The Saikyo Bank, Ltd. (Saikyo), a $20B-asset regional bank in Japan, will implement nCino to improve operational efficiencies and customer convenience. Saikyo will start its single platform journey with nCino by introducing the technology to its mortgage operations.

Fimple, a leading provider of core banking and financial solutions, is thrilled to announce a strategic partnership with CR2, a global pioneer in the digital banking and payments industry. This partnership is set to revolutionize the way banks engage with their customers, offering unparalleled digital onboarding, transaction capabilities, and customer engagement through CR2’s innovative platform.

The impending March 2025 migration deadline of FedWire to the ISO 20022 standard by all financial institutions (FIs) presents a strategic opportunity to revolutionize their payment infrastructure and services, according to a new Datos report, sponsored by Finzly, the pioneering provider of modern payments systems.

KYND Limited, a leader in cyber risk management, is excited to announce an innovative new Exposure Management solution. Powered by KYND’s market-leading risk intelligence and combining best-in-class aggregation risk insights with bespoke, granular cyber disaster scenarios, it enables insurers to more accurately evaluate and manage the accumulation and catastrophe exposure across their portfolios to drive better informed, profitable underwriting decisions.

Capital One Financial Corporation (NYSE: COF), today announced that seasoned financial services industry executive Suni P. Harford has been appointed to the company’s Board of Directors, effective April 1, 2024. Ms. Harford will stand for election to the Board by Capital One shareholders in May 2024. As a member of the Board, Ms. Harford will serve on the Audit Committee and Risk Committee.

Equifax®  is launching a real-time, Know Your Business (KYB) online Business Verification Solution offering to help U.S. lenders and businesses of all sizes make faster, more informed decisions before onboarding new accounts or vendors. 

Alloy, the identity risk management company behind nearly 600 leading banks and fintech companies, today announced Alloy for Embedded Finance, a new product custom-designed for sponsor banks, BaaS providers, and their fintech partners to collaboratively manage identity risk and stay ahead of regulatory requirements.

Checkbook, an all-in-one payments platform, announced a multi-year collaboration with Visa aimed at expediting disbursements to businesses, institutions, and individuals across millions of endpoints around the country.