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Finom Secures €50M in Series B Funding to Empower SMEs and Entrepreneurs

Finom, an Amsterdam-based leading digital banking solution for SMEs and entrepreneurs, has announced a €50M Series B funding round. The round led by General Catalyst and Northzone, with participation from existing investors including Cogito Capital, Entrée Capital, FJLabs, s16vc, and Target Global, bringing FINOM’s total raised capital to over €100M.

Friday, February 16, 2024 - 11:46
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Financial IT
Bold Secures $50M in Series C Funding Round Led by General Atlantic

Bold has raised $50 million in Series C funding led by existing investor General Atlantic, a leading global growth investor, with participation from the International Finance Corporation (IFC), a member of the World Bank Group. Existing investors InQLab and Amador also participated in the round. With this new funding, Bold plans to bolster its product roadmap and offerings, as well as continue its focus on business expansion while deepening its position as a leading merchant acquirer in Colombia.

Friday, February 16, 2024 - 10:41
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Financial IT
PayPal Ventures Co-Leads Rasa’s $30 Million Series C Funding Round

Rasa, the leading generative conversational AI platform today announced the completion of its $30 million Series C funding round, co-led by StepStone Group and PayPal Ventures, with participation from Andreessen Horowitz (a16z), Accel, and Basis Set Ventures.

Friday, February 16, 2024 - 10:09
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Financial IT
Alkami Releases Research to Measure Digital Maturity in Financial Institutions

Alkami Technology, Inc., a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today launched the Alkami Digital Sales & Service Maturity Model, based on research conducted across 215 US financial institutions with at least $200 million in assets and completed December of 2023.

Friday, February 16, 2024 - 09:58
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Financial IT
New Mambu Report Finds Bottom Line Benefits to Banks That Accelerate Cloud Core Transformations

New report, in partnership with Google Cloud, highlights why banks must begin to provide services for tech-empowered customers to avoid being left behind by tech-savvy competitors.

Research shows that banks that successfully switch to a cloud core will be bigger, more profitable, and grow faster, leading to a value creation opportunity of $20 trillion, as highlighted in a new report from SaaS cloud banking platform Mambu.

Friday, February 16, 2024 - 09:50
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Financial IT
Canada’s EQ Bank Partners With Trulioo for Identity Document and Biometric Verification

Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, today announced it has partnered with EQ Bank, the digital platform of Canada’s Challenger Bank™ and rated as the

Friday, February 16, 2024 - 09:34
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Financial IT
Airbase Accelerates Procurement Innovation with Strategic Hire and Software Advances

Airbase, a leader in procure-to-pay solutions, is thrilled to announce a significant step in its mission to transform procurement with the appointment of 

Friday, February 16, 2024 - 09:26
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Financial IT
Sinch Partners with Temenos to Expand Their Financial Services Offering on the Temenos Exchange

Sinchwhich powers meaningful conversations between businesses and their customers through its Customer Communications Cloud, today announced its messaging APIs and solutions are available on Temenos Exchange, the partner ecosystem of integrated fintech solutions.

Friday, February 16, 2024 - 09:19
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Financial IT
NMI Launches the Next-Generation of Embedded Payments Solutions

NMI, a global leader in embedded payments, unveils NMI Payments, the comprehensive embedded payments solution for software companies, independent sales organizations (ISOs), and payment professionals. The NMI Payments platform easily integrates with existing applications and payment solutions, offering a flexible, modular approach that expedites and streamlines payments. The solution allows partners to manage the full merchant and client payment life cycle.

Friday, February 16, 2024 - 09:06
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Financial IT
U.S. Bank Expands Client Access to Personal Loans

Personal loans can be an effective way for some people to consolidate debt, pay for home improvements or cover other large, unexpected bills. But for some borrowers, meeting traditional lending requirements for a personal loan can be a challenge.

Friday, February 16, 2024 - 08:59
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Financial IT

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