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PortX Secures $16.5 Million in Series B Funding With Investors Focused on Community Financial Institutions

PortX, a transformative leader in open banking and seamless core integration for community financial institutions, is excited to announce the successful closing of a $16.5 million Series B funding round.

Friday, September 29, 2023 - 10:57
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Financial IT
Synchrony Named Among India's Best Workplaces™ for Women 2023 by Great Place To Work® India

Synchrony, a premier consumer financial services company, has been recognized among the Top 10 India's Best Workplaces™ for Women 2023 by Great Place To Work® India. This acknowledgment underscores Synchrony's dedication to its people-centric culture and its ongoing efforts to create a diverse and inclusive workplace. 

Friday, September 29, 2023 - 10:48
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Financial IT
Slope Announces $30M Round from USV and Sam Altman

Slope, a company focused on revolutionising the B2B payment landscape, has successfully announced its latest funding round.

The recent funding round saw Slope raise $30m, with the lead investment from Union Square Ventures and significant backing from OpenAI’s Sam Altman.

Friday, September 29, 2023 - 10:48
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Financial IT
BMLL Vantage Wins ‘Best Data Science Solution’ at the Data Management Insight Awards USA 2023

We are delighted to announce that BMLL has won “Best Data Science Solution” at the Data Management Insight Awards USA 2023. These awards recognise established solution vendors and innovative newcomers providing leading data management solutions, services and consultancy to capital markets participants across North America.

Friday, September 29, 2023 - 10:39
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/news/infrastructure/bmll-vantage-wins-best-data-science-solution-data-management-insight-awards-usa
Financial IT
Zumo First to Launch Platform Built to Meet the Tech Requirements of the FCA's New Financial Promotions Regime for Crypto Assets

Zumo, the UK-based digital-asset-as-a-service platform, has announced a significant industry milestone as it becomes the first digital asset platform to have integrated tech-based requirements of the Financial Conduct Authority’s (FCA’s) new financial promotions regime for cryptoasset firms, set to take effect from 8 October 2023. 

Friday, September 29, 2023 - 10:36
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/news/cryptocurrencies/zumo-first-launch-platform-built-meet-tech-requirements-fcas-new-financial
Financial IT
iDenfy Helps Quaka Build a Seamless Identity Verification Experience

iDenfy, a global RegTech startup offering AI-based ID verification and fraud prevention tools, partnered with Quoka, Germany's leading online marketplace, which offers a platform for individuals and businesses alike to sell and buy quickly and safely. iDenfy will be responsible for handling Quoka’s verification request while helping the marketplace scale and ensure compliance. 

Friday, September 29, 2023 - 10:30
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Financial IT
Fireblocks Acquires Tokenization Firm BlockFold to Serve Industry’s Largest Banks & Financial Institutions

Today, Fireblocks is excited to announce the acquisition of BlockFold, a smart contract development and consulting firm specializing in advanced tokenization projects for financial institutions. The acquisition enriches Fireblocks’ tokenization capabilities to provide clients with a complete service layer that includes advisory, token customization, orchestration, and distribution through the Fireblocks Network. 

Friday, September 29, 2023 - 10:30
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/news/blockchain/fireblocks-acquires-tokenization-firm-blockfold-serve-industrys-largest-banks
Financial IT
Alipay+ Partners with Global Brands in #MoneyCannotBuy Initiative to Attract E-Wallet Users across Asia

Alipay+ today launches the #MoneyCannotBuy marketing initiative, a series of social media campaigns and special rewards, as the provider of cross-border digital payments and marketing solutions teams with global merchants in bringing a unique travel experience to Asia’s e-wallet users.

#MoneyCannotBuy features major social media campaigns and special promotion from over 100 brands worldwide ranging from major theme parks to shopping malls, luxury retailers and major airports, for mobile-savvy travelers.

Friday, September 29, 2023 - 10:12
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Financial IT
Robin Smith Joins Praxent as Chief Revenue Officer

Praxent, a financial services digital consultancy and development firm with more than two decades of experience, continues to grow its leadership team, appointing Robin Smith as Chief Revenue Officer.

Thursday, September 28, 2023 - 15:00
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/news/people-moves/robin-smith-joins-praxent-chief-revenue-officer
Financial IT
UK Insurtech Ripe Delivers 17% Year-on-Year Growth as it Continues to Invest in Expansion

UK insurtech, Ripe, achieved strong double-digit growth in 2022, maintaining its 15 year record of consistent revenue rises. Turnover climbed by £4 million to £27.2 million in the 12 months ending 31 December 2022, compared with £23.3 million in 2021.  

Thursday, September 28, 2023 - 14:52
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Financial IT

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