In honor of International Women’s Day, on March 8, Abrigo will launch its newest client engagement initiative, the Women in Banking Network. This nationwide, free program aims to elevate the influence and role of women in banking by creating a supported online network of peers, mentors, and experts. The program will include virtual and live events to foster community and is open to all Abrigo customers.

Historically, asset managers struggled to find AI solutions that accommodated the detail in their work and the objectives they were trying to achieve. For all their computational power and speed, attempting to integrate older AI systems into firms sometimes created its own set of challenges.

Nuke From Orbit, a fintech startup based in the UK, has raised £500,000 in a pre-seed round to take its product to market. The startup, which aims to revolutionise mobile security, attracted leading investors with its innovative approach to protecting financial accounts and personal identifiable information (PII).

finova, the UK’s largest cloud-based mortgages and savings software provider, today announced the extension of its partnership with The Cambridge until October 2030. Through this partnership, finova will continue to enhance the lender’s banking technology over a series of upgrades.

The Connected Banking Summit, conceptualized and organized annually by the International Center For Strategic Alliances (ICSA), proudly marked its 11th Edition Connected Banking Summit- Innovation & Excellence Awards East Africa 2024 took place on  6th of March, 2024 in Nairobi, Kenya.

Baubap, a pioneering consumer microlending platform, has announced a significant boost to its operations with $120 million in debt financing from SixPoint Capital Management, leading its pre-Series A funding round.

Baanx, a London-based cryptocurrency payments platform, has raised $20 million in its Series A funding round led by notable entities including Ledger, the Tezos Foundation, Chiron, and the British Business Bank, this strategic investment elevates Baanx’s total funding to over $35.3 million.

PayShepherd, a contractor management solution for industrial sites, has closed $7 million CAD in an oversubscribed round of Seed+ funding to expand its target markets across North America and enhance its platform with new capabilities.

The shared banking solution provider and GLORY Group company, OneBanx appoints new CEO Javed Anjum. Javed will replace founder Duncan Cockburn, who announced his intention to step down from the role in February.