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Moody’s to Acquire CAPE Analytics, Adding AI-Powered Geospatial Property Risk Intelligence to Its Industry-Leading Insurance Risk Models

Moody’s Corporation announced today that it has entered into an agreement to acquire CAPE Analytics, a leading provider of geospatial AI intelligence for residential and commercial properties. The acquisition will bring together Moody’s industry-leading Intelligent Risk Platform and catastrophe risk modeling for the insurance sector with CAPE's cutting-edge geospatial AI analytics, creating a sophisticated property database capable of delivering instant, address-specific risk insights.

Monday, January 13, 2025 - 15:47
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/news/artificial-intelligence/moodys-acquire-cape-analytics-adding-ai-powered-geospatial-property
Financial IT
Float Financial Announces $70 Million Investment Round Led by Growth Equity at Goldman Sachs Alternatives to Build Canada’s Most Complete Business Finance Solution

Float Financial, a business finance platform for Canadian businesses, today announced it has signed a CAD $70 million Series B financing round, which brings its total funds raised in the last 12 months to $120 million. The round is led by Growth Equity at Goldman Sachs Alternatives, with participation from OMERS Ventures, FJ Labs, Teralys and existing investor Garage Capital. Float’s range of business finance products is already trusted by big Canadian brands like Jane Software, LumiQ, Knix and more.

Monday, January 13, 2025 - 15:43
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/news/fundraising-news/float-financial-announces-70-million-investment-round-led-growth-equity
Financial IT
Brex Secures $235 Million Credit Facility With Citi and TPG Angelo Gordon to Accelerate Card Product Growth

Brex, the modern corporate card and spend management platform for startups and enterprises, today announced the closing of a two-year, $235 million revolving credit facility. Citi serves as senior lender for the credit facility, joined by TPG Angelo Gordon as a participating lender.

Monday, January 13, 2025 - 15:38
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/news/fundraising-news/brex-secures-235-million-credit-facility-citi-and-tpg-angelo-gordon-accelerate
Financial IT
Mastercard Reaffirms Commitment to Ghana With New Office in Accra

Mastercard has expanded its operations in West Africa with the opening of its first office in Accra, Ghana. This strategic milestone underscores Mastercard’s commitment to supporting the country's growing digital economy by providing innovative financial products and services tailored to the market.

Monday, January 13, 2025 - 15:36
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/news/infrastructure/mastercard-reaffirms-commitment-ghana-new-office-accra
Financial IT
Finastra’s Americas Lending Day Highlights Progress in Digital Transformation and Standardization

Finastra, a global provider of financial software applications, hosted its Americas Lending Day event in New York City. The event brought together industry experts and leaders from the banking, lending, trade finance, and technology sectors to discuss the latest trends, challenges, and opportunities in the digitization and automation of financial services.

Monday, January 13, 2025 - 15:31
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/news/lending/finastras-americas-lending-day-highlights-progress-digital-transformation-and
Financial IT
nbkc Bank Selects NCR Atleos Allpoint to Expand Access to Self-Service Banking

NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that $1.1 billion-asset nbkc bank has selected Atleos’ Allpoint Network to provide expanded, more convenient access to everyday banking transactions for its customers.

Monday, January 13, 2025 - 15:29
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/news/banking/nbkc-bank-selects-ncr-atleos-allpoint-expand-access-self-service-banking
Financial IT
MoonPay Announces Strategic Acquisition of Helio

MoonPay, the global leader in crypto payments, today announced that it has acquired Helio, Solana’s premiere crypto payment processor. The acquisition brings Helio’s technology, team, and ecosystem into MoonPay’s portfolio, driving innovation in decentralized finance, creator commerce, and trading infrastructure.

Monday, January 13, 2025 - 13:28
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/news/infrastructure/moonpay-announces-strategic-acquisition-helio
Financial IT
Clearwater Analytics to Acquire Enfusion for $1.5 Billion, Expanding Its Investment Management Platform with Front-to-Back Capabilities

Clearwater Analytics and Enfusion, Inc.

Monday, January 13, 2025 - 13:24
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/news/investment/clearwater-analytics-acquire-enfusion-15-billion-expanding-its-investment-management
Financial IT
Launch of Finity Signals a RecFintech Revolution

Leading software provider to the recruitment sector, Codatech, has rebranded as Finity, trailblazing back office software that marks the dawn of a recfintech revolution.

Building on Codatech’s successful legacy in recruitment back office technology, the launch of Finity will transform the way the temporary recruitment sector operates, bringing true financial unity to the industry for the first time.

Monday, January 13, 2025 - 11:41
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/news/infrastructure/launch-finity-signals-recfintech-revolution
Financial IT
Small Businesses Set to Struggle in Twin-Speed Economy

As UK businesses prepare to implement the tax changes announced in the October Budget, new research from Simply Asset Finance reveals a stark divide in business sentiment and their prospects for growth.

Monday, January 13, 2025 - 11:03
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/news/asset-management/small-businesses-set-struggle-twin-speed-economy
Financial IT

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