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WiseAlpha Expands into the Banking and Wealth Trading Solutions Arena

WiseAlpha, the first company to invent fractional bonds, has announced a new wealth management portal and white-label solution, making it easier than ever for wealth managers to give clients access to fractional bonds. 

Friday, February 2, 2024 - 12:25
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Financial IT
Sunbit Closes $310M Debt Warehouse Facility with Citi and Ares Management

Sunbit, the company building financial technology for everyday expenses, announced today that it closed a $310 million debt warehouse facility led by Citi and Ares Management Credit funds. Established in 2016 to transform how consumers access, use, and benefit from credit, Sunbit will leverage the funds to meet ever-increasing consumer demand for the company’s market-dominant Buy Now, Pay Later (BNPL) solution and the next-gen, no-fee Sunbit Card.

Friday, February 2, 2024 - 11:49
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Financial IT
Kriya Secures £50M in Debt Financing from Viola Credit

Kriya, the B2B payments fintech, today announces that it has secured a new £50 million debt facility from a long-standing debt partner, Viola Credit. This will allow the fintech to power over £1 billion of B2B Payments over the next 24 months.

Friday, February 2, 2024 - 11:41
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Financial IT
DirectBooks Raised an Undisclosed Amount

Mizuho Americas today announced its strategic investment in DirectBooks®, the leading primary markets communications platform. Through this investment, Mizuho will join the board of directors and work directly with other top-tier investment banks to enhance capital markets globally.

Friday, February 2, 2024 - 11:32
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/news/fundraising-news/directbooks-raised-undisclosed-amount
Financial IT
Incognia Secures $31M to Meet Demand for Proactive Approach to Fraud Prevention

Incognia, the innovator in location identity solutions, is announcing it has closed $31MM in Series B funding led by Bessemer Venture Partners, with participation from FJ Labs and existing investors, including Point72 Ventures, Prosus, and Valor Capital.

Friday, February 2, 2024 - 11:15
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Financial IT
Announcing Metronome's $43M Series B led by NEA

Metronome has raised over $43m in Series B funding, led by NEA with participation from both a16z and General Catalyst. Also, Metronome welcomes Hilarie Koplow-McAdams, former President of New Relic and Salesforce and an experienced public company board member. This funding round brings to over $78m raised to date.

Friday, February 2, 2024 - 11:06
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Financial IT
PayRetailers Offers New Clients Two Months of Free Processing at Key Gaming Event ICE London 2024

PayRetailers, the leading payment processor in Latin America, is pleased to announce its participation at ICE London 2024. The event, PayRetailers’ first of the year, will take place from February 6th to 8th at ExCeL London. Located at booth N8-450, the company plans to address strategies for a more efficient payment experience to optimize operations and drive expansion in the Latin American gaming industry, which is expected to reach annual revenues of $4.4 trillion by 2026.

Friday, February 2, 2024 - 10:24
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/news/fintech-startups/payretailers-offers-new-clients-two-months-free-processing-key-gaming-event
Financial IT
Emirates NBD Partners with Silent Eight to Automate Alert disposition and Enhance Compliance Efficiency

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Türkiye) region, announced a strategic partnership with Silent Eight, a technology company that offers an advanced AI and machine learning platform to identify and prevent financial crime.

Friday, February 2, 2024 - 10:17
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/news/machine-learning/emirates-nbd-partners-silent-eight-automate-alert-disposition-and-enhance
Financial IT
Mastercard Supercharges Consumer Protection with Gen AI

As fraudsters increasingly exploit technology to try to thwart banks and their customers, Mastercard is adopting generative AI techniques to enhance the protections that keep consumers – and the entire payments network – safe.

Friday, February 2, 2024 - 10:10
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/news/artificial-intelligence/mastercard-supercharges-consumer-protection-gen-ai
Financial IT
New Abrigo Fraud Detection Platform Helps Financial Institutions Fight Fraud Faster and Smarter With AI, Reduce Mounting Losses

Abrigo, a leading provider of financial crime prevention and risk management solutions for U.S. financial institutions, today announced the launch of Abrigo Fraud Detection, a new platform that combines AI-powered inspection and check image analysis with a smart, configurable fraud decision engine.

Friday, February 2, 2024 - 09:58
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Financial IT

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