Avantos, an artificial intelligence (“AI”)-native operating system built to reimagine how financial institutions onboard and service clients, today announced it has completed a $25 million Series A funding round led by preeminent technology and software investment firm Bessemer Venture Partners ("Bessemer"). The round also attracted new strategic investors, including The Guardian Life Insurance Company of America® (“Guardian”), SEI® and Vanguard.

Paysafe , a leading payments platform, today announced a strategic partnership with Spreedly, a leading global open payments platform. Under the partnership, Spreedly’s global payments orchestration platform has integrated Paysafe as an acquirer to process credit card and debit card payments for online merchants targeting Europe, North America and other global markets.

Flywire Corporation, a global payments enablement and software company, today announced the appointment of Patrick Blanc as its Chief Technology Officer. In this role, Blanc will oversee Flywire's global engineering, implementation, and technical support organizations, leading the company's technology strategy and execution across the global payments platform and vertical software, while strengthening the payments experience for clients and payers.

JPMorganChase today announced plans to open more than 160 new branches in over 30 states and renovate nearly 600 locations this year as part of a multibillion-dollar investment to expand access to affordable and convenient financial services nationwide.

Inscope, the AI-powered financial reporting platform built for accounting firms and enterprises, today announced it has raised $14.5 million in Series A funding. The round was led by Norwest, with participation from Storm Ventures, existing investors Better Tomorrow Ventures and Lightspeed Venture Partners, and strategic operators across finance and enterprise software.

Green Banana, the pan-European BNPL orchestrator, and VR Payment, the payment  specialist of the cooperative financial group, now enable merchants to manage  various “Buy Now, Pay Later” (BNPL) solutions together with other payment methods  in one consolidated dashboard. The aim is to centralize payment data and simplify the  management of complex payment portfolios. 

Retail leaders are spending a full working month each year dealing with the ongoing fight against fraud, new research finds.

The appointment marks the latest addition to the team led by Jenny Edwards, ahead of the launch of NatWest Venture Banking this April — a new initiative designed to transform how the bank supports the UK’s most ambitious and innovative venture-backed scale-ups. With this new offering, NatWest is spearheading efforts to be the partner of choice for founders and investors, with a regional coverage model that offers tailored support to help founders access capital, scale and navigate the challenges that come with rapid growth.