Propelld, a fintech leader in education lending, today announced that it has secured over USD 25 million through debt raising for Edgro, a wholly-owned subsidiary licensed Non-Banking Financial Company (NBFC).

Edgro has raised the amount from nine lenders such as Credit Saison India Private Limited, AU Small Finace Bank, InCred Financial Services Limited, and Northern Arc Capital Limited.

Confida – the Italian Vending Machine Association – and illimity – a banking group and PSP (Payment Service Provider) – have announced from the Venditalia Expo the creation of Pehi, a new capillary proximity network.

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, today announced its strategic collaboration with Visa, a world leader in digital payments, to bring advanced account verification capabilities to Dwolla’s A2A solution. This relationship enhances Dwolla's ability to provide a single, streamlined solution for mid- to enterprise-sized businesses to pay and get paid via their bank accounts.

Aeropay, a leading provider of Pay-By-Bank solutions for businesses, today announced $20 million in Series B financing. Los Angeles-based fintech venture capital firm Group 11 led the round, with participation from Chicago Ventures and Continental Investment Partners.

nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that M&T Bank Corporation (“M&T”) an existing and long-standing nCino customer, is expanding its use of the nCino platform and integrating nCino’s Continuous Credit Monitoring Solution into its operations.

Lili, the financial platform designed for small business owners, today announced the launch of a new generative AI tool — Accountant AI — which harnesses businesses' financial data and the latest industry information to provide business owners with personalized, instant recommendations about their businesses' finances.

Financial Crime and Anti-Money Laundering (AML) continue to be one of the hottest topics across the global financial industry right now.

As consumers seek easier and safer shopping experiences, Mastercard and Salesforce  today announced a new integration to enhance trust across the ecosystem, helping customers speed up the resolution of transaction disputes, and reduce costs associated with resolving them.

Finastra today announced that Cache Valley Bank, a community bank with $2.9 billion in assets serving Utah and Southern Idaho, has expanded its collaboration with the financial software provider, gaining increased flexibility and agility through its cloud-based solutions.