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.
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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.
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.
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.
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.
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.
Clearwater Analytics and Enfusion, Inc.
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.
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.
Standard Chartered today announced the opening of its new entity in Luxembourg, to act as its European Union (EU) regulatory entry point for the provision of crypto and digital asset custody services to EU clients, following implementation of the Markets in Crypto Assets (MiCA) Regulation.