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finally, the AI-Powered Accounting & Finance Suite, Closes $10M Raise to Propel SMB Growth Forward

 

Thursday, February 8, 2024 - 13:29
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/news/fundraising-news/finally-ai-powered-accounting-finance-suite-closes-10m-raise-propel-smb-growth
Financial IT
Pennylane Raises 40 Million Euros in Series C

Pennylane raises €40M from Sequoia Capital and DST Global, reflecting very strong growth over the past two years. The company has multiplied by 40 the number of VSE-SMEs on its platform in 24 months thanks to the adoption of the tool by more than 2,000 accounting firms who have brought their clients on board.

Thursday, February 8, 2024 - 13:11
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/news/fundraising-news/pennylane-raises-40-million-euros-series-c
Financial IT
Flywire Partners with State Bank of India (SBI) to Digitize Education Payments from India

Flywire Corporation, a global payments enablement and software company, today announced that it has partnered with State Bank of India, India’s largest public sector bank, to enable Indian payers to seamlessly and digitally pay international education-related fees in their local currency (Indian Rupees) to higher education institutions all over the world.

Thursday, February 8, 2024 - 13:01
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/news/payments/flywire-partners-state-bank-india-sbi-digitize-education-payments-india
Financial IT
Trustly Integrates MX Data Enhancement to Deliver Better Consumer Shopping and Underwriting Experiences

MX Technologies, Inc. today announced MX's data enhancement services will be leveraged as part of Trustly's Open Banking product suite. Over 8,300 global merchants rely on Trustly to enable their consumers to pay directly from their bank accounts. With Pay with Bank, consumers enjoy an intuitive, fast, and safe payment method, while merchants can create better experiences and reduce costs with an efficient payment solution.

Thursday, February 8, 2024 - 11:23
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/news/banking/trustly-integrates-mx-data-enhancement-deliver-better-consumer-shopping-and
Financial IT
Entrust Enters Exclusive Discussions to Acquire AI/ML-Powered Identity Verification Leader Onfido

Entrust, a global leader in trusted payments, identities, and data security, today announced that it has entered into exclusive discussions to acquire London-based Onfido, a global leader in cloud-based, AI-powered identity verification (IDV) technology.

Thursday, February 8, 2024 - 11:03
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/news/digital-identity/entrust-enters-exclusive-discussions-acquire-aiml-powered-identity
Financial IT
TransferGo Strengthens Leadership for Global Expansion with Key Executive Hires

TransferGo, the global fintech creating a fairer world for millions of hard-working migrants, today announced the addition of three high-calibre professionals to its executive team to spearhead rapid global expansion and consolidate its presence in existing markets. With their extensive experience and expertise, the new leaders are set to drive TransferGo's strategic ambitions across new frontiers.

Thursday, February 8, 2024 - 10:57
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/news/people-moves/transfergo-strengthens-leadership-global-expansion-key-executive-hires
Financial IT
AU10TIX Strengthens Leadership Team with Seven Key Appointments Over Past Year, Accelerating Growth Strategy

AU10TIX, a global technology leader in identity verification and management, today announced that it has added seven executives to its growing team over the past year. These appointments are a strategic response to AU10TIX's significant growth and continuing global expansion.

Thursday, February 8, 2024 - 10:33
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/news/people-moves/au10tix-strengthens-leadership-team-seven-key-appointments-over-past-year
Financial IT
Mechanics & Farmers Bank Using nCino’s Cloud Banking Platform to Effectively Deliver on its Mission to Empower Diverse Communities

nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that Mechanics and Farmers Bank

Thursday, February 8, 2024 - 10:27
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/news/paas/mechanics-farmers-bank-using-ncinos-cloud-banking-platform-effectively-deliver-its-mission
Financial IT
ID Finance Secures $150 Million Structured Financing led by i80 Group

ID Finance, a leading fintech in Spain and Mexico, has closed a financing of 150 million dollars with i80 Group, this being the largest financing round in the history of the Group. The capital obtained will be used to accelerate the expansion of Plazo, ID Finance's financial well-being app and the cornerstone of its strategic vision.

Thursday, February 8, 2024 - 10:17
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/news/fundraising-news/id-finance-secures-150-million-structured-financing-led-i80-group
Financial IT
Plug and Play Launches Fintech Startup Accelerator Program in Frisco and McKinney, Texas

Plug and Play, a leading global innovation platform, announces the launch of its fintech startup accelerator program which will take place in both Frisco and McKinney, Texas.

Thursday, February 8, 2024 - 10:01
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/news/fintech-startups/plug-and-play-launches-fintech-startup-accelerator-program-frisco-and-mckinney
Financial IT

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