Armed with the capabilities of machine learning (ML), financial institutions and finance executives have long been turning unstructured information into insights that promote better decision-making and help them understand many key elements of the business. Without these insights, financial institutions are less efficient in several ways, such as being unable to make fast and accurate decisions on whether to approve a loan or invest in particular assets.

Vertice, the world's only integrated SaaS and cloud spend management platform, has today announced a $25 million Series B following a year of lightning-fast revenue growth. The company has now raised $51 million since January 2022, upping its valuation into the hundreds of millions. Vertice will use the capital to further fuel its pace of product innovation and accelerate its worldwide expansion.

DailyPay, the leading on-demand pay company, today announced it has secured over $175 million to fuel growth. The funding is divided between $100 million of expanded secured credit facility capacity provided by Citi and over $75 million in equity financing, which valued the company at $1.75 billion on a pre-money basis.

Digital Onboarding, the SaaS company helping more than 100 financial institutions deepen their customer relationships, today announced it closed a $58 million growth investment from Boston-based growth equity firm 

Rangers Football Club is today delighted to announce a partnership with Ebury that will see one of the fastest-growing global fintech companies become the club’s Official FX Transfer partner.

The partnership will run until the end of the 2025/26 campaign, with Rangers becoming the latest addition to Ebury’s growing Sports portfolio.

Kashable, a fintech platform that provides socially responsible credit and financial wellness solutions as an employer-sponsored voluntary benefit, today announced a Series B capital raise of $25.6 million. The round was co-led by Revolution Ventures and Moneta Ventures, with participation from EJF Capital and Krillion Ventures.

Digital Asset Research (DAR), a leading provider of crypto asset data and research, today announced the release of its January 2024 Crypto Spot Exchange Vetting results. In an environment where cryptocurrencies trade across hundreds of lightly regulated or unregulated exchanges, DAR’s vetting processes apply institutional-level diligence to digital asset markets to meet an industry-wide need for reliable crypto data. 

EquiLend, the global technology, data, and analytics company for the securities finance industry, today announced that private equity firm Welsh, Carson, Anderson & Stowe (WCAS) has agreed to acquire a majority stake in the company. The acquisition is set to close in Q2 2024, subject to regulatory approvals.

Clearent by Xplor, a leading U.S. payment processor under Xplor Technologies, today announces its new mobile payment solution, Xplor Pay Mobile.

Today, leading enterprise-grade staking platform Kiln, announces the close of a $17 million funding round led by 1kx, with participation from IOSG, Crypto.com, Wintermute Ventures, KXVC, LBank, and further contributions from existing investors.