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Jump Closes $20 Million Series A Funding Round, Led By Battery Ventures, To Transform Financial Advisors’ Workflows Using AI

Jump, a leading provider of artificial intelligence (AI) solutions for financial advisors and other financial services providers, today announced the successful completion of a $20 million Series A funding round, led by Battery Ventures, with additional participation from Citi Ventures and existing investors Sorenson Capital and Pelion Ventures Partners.

Monday, February 3, 2025 - 16:19
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Financial IT
Pipe Invests In Developer Features To Simplify Integration For Embedded Capital

Pipe, a fintech company partnering with software platforms to deliver embedded financial solutions for SMBs, today announced it has significantly expanded the Pipe Partner Portal with new developer tools. These features make it even easier for developers to embed Pipe’s capital services within their payments and software platforms. Unlike other embedded solutions, Pipe’s investment in developer capabilities supports its “tech-first” approach to enable partners to accelerate the delivery of capital to its small business customers.

Monday, February 3, 2025 - 16:14
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Financial IT
Jack Henry And Moov To Implement Visa Direct To Enable Fast, Seamless Payments

Jack Henry™  announced today its collaboration with Visa, the world leader in digital payments, to offer Visa Direct through Jack Henry Rapid Transfers™. The addition of Visa Direct, which facilitates the delivery of funds directly to eligible cards, bank accounts, and wallets around the world, is part of Jack Henry’s previously announced alliance with Moov to enable community and regional financial institutions to offer robust and comprehensive digital payment services to consumers and small and medium-sized businesses (SMBs).

Monday, February 3, 2025 - 16:01
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/news/payments/jack-henry-and-moov-implement-visa-direct-enable-fast-seamless-payments
Financial IT
Openbank By Santander Hits $2 Billion In Deposits In The United States

Santander Bank, N.A. (“Santander Bank” or “the Bank”) today announced that the Openbank digital bank platform topped $2 billion in total deposits* since going to market in the United States in the fourth quarter of 2024. This achievement represents a significant milestone in the Santander US business strategy to efficiently boost national deposit acquisition that will fuel its leading Auto lending franchise and transform its Retail Bank.

Monday, February 3, 2025 - 15:57
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Financial IT
nCino Announces Appointment Of Sean Desmond As President And Chief Executive Officer

 nCino, Inc. , the leading provider of intelligent, best-in-class banking solutions, today announced the appointment of Sean Desmond as President and Chief Executive Officer and as a member of the company’s Board of Directors, effective immediately. Desmond succeeds Pierre Naudé, who will continue to be actively involved in the Company as Executive Chairman of the Board to ensure a smooth transition.

Monday, February 3, 2025 - 15:54
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/news/people-moves/ncino-announces-appointment-sean-desmond-president-and-chief-executive-officer
Financial IT
Solaris Secures EUR 140 Million Financing Round

Solaris SE, Europe’s leading embedded finance platform, today announced the securing of its Series G funding round. 

The round with a total volume of €140 million was led by SBI Group and Boerse Stuttgart Group, with contributions and equity supportive measures from a diverse group of investors and strategic partners. This funding marks a major milestone in Solaris’s journey, laying the groundwork for sustainable growth and accelerating the company’s path to profitability. 

Monday, February 3, 2025 - 14:10
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Financial IT
TransferGo Launches Multi-Currency Accounts For Global Business Clients

TransferGo, the global fintech empowering a world on the move, has launched its multi-currency business account. This service offers global businesses based in the United Kingdom and European Union an account through which they can hold, exchange, send, and receive multiple currencies. 

Monday, February 3, 2025 - 13:27
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/news/money-transfers/transfergo-launches-multi-currency-accounts-global-business-clients
Financial IT
Five Payment Trends To Expect In 2025

The pandemic accelerated the adoption of digital payments, driven by a surge in online commerce. Today, digital payment methods, especially mobile payments, have matured across Europe as consumers embrace diverse digital channels with ease.

Convenience and a wide range of options have emerged as key purchasing drivers, providing significant opportunities for innovation to ensure more inclusive and seamless payment experiences.

Monday, February 3, 2025 - 13:24
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Financial IT
Bluevine Announces Partnership With Xero To Deliver Banking Solutions For Small Businesses

Bluevine, the banking platform that serves as the financial operating system for startups and small businesses, today announced an ongoing partnership with global small business accounting platform, Xero.

Through this collaboration, Bluevine customers can sync their banking data with Xero, providing small businesses and their accountants with greater efficiencies and growth opportunities.

Monday, February 3, 2025 - 12:00
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/news/banking/bluevine-announces-partnership-xero-deliver-banking-solutions-small-businesses
Financial IT
Caxton Transforms Customer Experience With Britannic

Today, Caxton, a leading British fintech company known for delivering top-tier financial solutions for consumers and businesses for over 20 years, announced that it has transformed its customer experience and business operations. In partnership with Britannic, they implemented the Five9 cloud contact centre solution, achieving a 21% reduction in call handling times and an 8% decrease in customer waiting times, plus maintaining an impressive NPS of over 70 during peak periods.

Monday, February 3, 2025 - 11:43
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Financial IT

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