Bud Financial Limited (US) is now available in the Google Cloud partner directory. Bud’s presence allows companies to work with the data-intelligence fintech as part of their annual spend, unlocking the benefits of a single commitment to Google Cloud. It also enables current and future clients to launch engagements with cashflow, AI-powered lending solutions with speed, since they do not require additional budget approvals.

Pyrpose, a breakthrough climate finance platform which connects climate-conscious consumers directly with climate innovators to reduce future carbon emissions, is looking to accelerate its growth trajectory after announcing today that it has completed its fundraise.

Vernost Group, a leading technology solutions provider, announced the launch of its highly anticipated VePay Payments Acquiring and Orchestration technology today.

FlowX.AI, the world’s first AI enterprise application modernisation platform for large financial services organizations, today announces that it has raised a $35 million Series A funding round.

Ballerine, an open-source risk decisioning platform, has raised $5 Million in a seed funding round led by Team8.

There is something rather troubling at the moment regarding the future funding of small- to medium-sized enterprises (SMEs). Certain media commentators will have you believe that ‘traditional’ lenders are in full retreat, neither having the appetite nor the resources to take a risk. It paints a picture of businesses wanting to grow, but being starved of cash to do so.

Cashflow funding doesn’t start and end with an overdraft, loan or credit card.

Asia Pacific financial institutions believe that fundamental review of the trading book (FRTB) rules will increase capital requirements significantly, regardless of risk calculation model used, according to a wide-ranging Murex survey of bank readiness ahead of critical upcoming changes.

However, half of these banks plan to pursue the more risk-sensitive, sophisticated model of compliance—the value-at-risk-based internal model approach, or IMA.  

Europe’s leader in growth technology investment, TempoCap, today announces the new hire of Operating Partner Andreas Wuchner to further strengthen its cybersecurity expertise. Andreas is a seasoned international executive with an exceptional track record of over 25 years’ cybersecurity experience across consumer and provider sectors.

Avalara, Inc., a leading provider of cloud-based tax compliance automation for businesses of all sizes, today unveiled Avalara E-Invoicing and Live Reporting, a new compliance API designed for multinational businesses to streamline their compliance with e-invoicing mandates around the world.