SAP SE today announced its intent to acquire a majority stake of Taulia, a leading provider of working capital management solutions. The move is aimed at giving companies better access to liquidity and improving their cash flows. The acquisition further expands SAP’s Business Network and strengthens SAP’s solutions for the CFO office.

 Hardbacon, a personal finance application used by more than 35,000 Canadians, announced today a partnership with Métro Média to launch a new media brand, PARLONS BACON.

The new content destination, which joins Métro's PARLONS CASH platform, aims to demystify personal finances for millennials.

Although Covid came and changed the way we live and work over the past 24 months, for those working in compliance, it meant the introduction of more laws, rules and regulations. With these additions, compliance teams continue to face more regulations that need to be discussed, analyzed and implemented. It is also forecasted that the demand for technology will continue to grow which will require the use of automation and Artificial Intelligence to keep up. 

Starling customers will now be able to set up an engaging, accessible and high performing pension in minutes

Penfold, the digital pensions platform, has today announced they have been added to Starling Bank’s Personal Marketplace, allowing customers to set up a Penfold pension through the Starling app in a matter of minutes.

Partnerships

Segmint partners with Snowflake to revolutionize payment transaction enrichment for financial institutions 

1. Eleven Ventures raises €60 million fund 

Moglix has raised $250 Million in its latest Series F funding round, at a valuation of $2.6 Billion. This investment was led by Tiger Global and Alpha Wave Global with Hong Kong based Ward Ferry coming onboard as a new investor.

In 2019, Moglix was the first B2B sector investment in India by Tiger Global which continued to double down and invest in Moglix over the last 3 years. Early investors, who had invested in Moglix during the seed stage have seen an 80X return on their investment in this B2B commerce pioneer.

Success in Securing Enterprise Organizations Against Cyberattacks Attracts Series E Funding and Cements HackerOne As Category Leader

Digital bank Nubank has hired Rafa Plantier from Open Banking platform Tink as head of strategy and business development.

Plantier confirmed that he will continue to be based in London in his new role at Brazil’s Nubank.

In a LinkedIn post, Plantier wrote: “I’m thrilled to be joining Nubank as head of strategy and business development – leading an incredibly talented group of people spread across all of its business units and supporting its long-term growth ambitions.”

Banks have spent billions on digital transformations, yet client documentation processes are still highly manual and costly because they are missing the point.

Agreements that were once made by handshake have now become a complex multi-step process that can take months to complete. Typically, a document is manually generated, printed, emailed, and reviewed before being scanned and digitized after it’s signed.