New York-based Cognaize, an intelligent document processing (IDP) company harnessing proprietary hybrid intelligence technology, announced the closure of an $18m Series A funding round.

Despite earning six-to-seven-figure-a-year incomes, many content creators are denied the capital they need to expand their businesses. The reasons vary, but most are relatively young and have limited business and credit histories, and deal with inconsistent income across platforms.

Kuflink Group PLC (and associated entities, collectively “Kuflink”), one of the UK’s most respected bridging & development non-bank lenders, and European Risk Capital LLP (“ERC”)  jointly announced today that Kuflink has entered into a £35 million institutional debt facility placed by European Risk Capital with Paragon Bank PLC. 

Artificial intelligence is moving at a break-neck pace. Generative AI (such as OpenAI's ChatGPT) has generated an explosion of interest as numerous sectors have started understanding its unique capabilities for generating content based on simple prompts.

To facilitate international payments, Bitso — a leading financial services company powered by crypto in Latin America with 7 million users — announced its integration with the Stellar network, adding new corridors between Latin America and Europe to Stellar’s growing Anchor Network.

Airwallex, a leading global payments and financial platform for modern businesses, today announced partnership with Brex, a leading U.S.-based financial technology company, to support its global expansion. Airwallex continues to assemble a rapidly growing ecosystem of customers and partners, validating its position as a catalysing force in global money movement infrastructure and proving the power of collaborative innovation in fintech.

11:11 Systems (“11:11”), a managed infrastructure solutions provider, today announced that it has expanded its relationship with Amazon Web Services (AWS) by joining the AWS Partner Network (APN) and will offer customers holistic data protection strategies that include additional Veeam Software solutions on AWS. The APN is a global community of AWS Partners that leverage programs, expertise, and resources to build, market and sell customer offerings. 

Following the successful acquisition of Five Degrees by Topicus, the combined force will offer turn-key banking tech-stacks that challenge technology providers incumbent to the sector. Topicus and Five Degrees vocalized their ambition at the Five Degrees offices during a recent networking event. The event featured Sabyasachi Sengupta of ABN AMRO Bank as keynote speaker and Topicus CEO Daan Dijkhuizen elaborating on the strategic direction.

Today Feedzai, a leading provider of financial crime and risk management solutions, is introducing Railgun, its next-generation AI engine designed to target and intercept financial fraud before it can occur.

 Core10, Inc. (Core10), a U.S.-based financial technology company that provides lending, account opening, and BaaS products, as well as software development services, today announced that it is expanding its participation in the Jack Henry™ Vendor Integration Program (VIP).