Orderfaz, an Indonesian fintech startup for social commerce sellers, today announced the completion of a pre-seed round of financing led by 1982 Ventures. 

GoLogiq, Inc., a U.S.-based global provider of fintech and consumer data analytics, has appointed company director, Granger Whitelaw, as chief executive officer. He succeeds interim CEO Brent Suen who will remain chairman of the board.

iDenfy, a Lithuania-based RegTech company offering full-stack identity verification and fraud prevention tools, announced a new partnership with CoinSniper, a digital asset platform for discovering the latest cryptocurrency projects, coins, and tokens. CoinSniper integrated iDenfy’s verification software, enhancing the KYC onboarding experience for all crypto users on the platform. 

Linedata, a global provider of asset management and credit technology, data, and services, announces today its strategic partnership with Qualtik, a US-based provider of stress testing tools for commercial loans. This collaboration marks a significant step towards empowering banks to effectively manage risk and gain valuable insights, enabling them to optimize resources and navigate challenging times successfully.

French startup Defacto has closed a new securitization fund that will be used to provide short-term loans to small and medium enterprises via an embedded, API-first approach. This is a new fund of up to €167 million ($183 million) with Citi and Viola Credit acting as the lenders.

This is significant news for the startup as it means that it will have more capital to deploy, which will eventually generate more revenue.

It’s an exciting day at Jirav.  Today we’re officially announcing that we have raised $20 million in our Series B funding round led by Cota Capital and powered by many of our ongoing investors. Jirav has experienced record growth over the past few quarters, with hundreds of new companies joining our platform every month. This positive momentum affirms the value and trust our customers place in us.

Banks’ digital transformation progress is vital to the retention of their product teams, it has been revealed, with 94% of product managers admitting they would leave their current position to work for a competitor bank with better technology and 92% claiming they would leave for a bank with more ambitious transformation goals.                                                             

Paymentology, the leading global issuer-processor today announces the expansion of its current partnership with TrueMoney, Southeast Asia's leading e-payment services and financial services provider.