In response to the increased sophistication and prevalence of cyber threats, and board mandates on operational resilience, Broadridge Financial Solutions, Inc. (NYSE: B
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Omnea, the AI-powered procurement orchestration and supplier risk management platform, has raised $20M in Series A funding to make procurement painless and give companies greater control over their spend. Accel led the round, with participation from existing investors First Round Capital and Point Nine, who led the previously unannounced $5M seed round. Omnea is also backed by angel investors David Clarke (former CTO of Workday), Claire Hughes Johnson (former COO of Stripe), and Anne Raimondi (COO of Asana).
Backbase, the creator of the Engagement Banking Platform, today announced Tim Rutten's appointment as its new Chief Marketing Officer (CMO). Rutten steps into this role after serving as Chief of Staff.
In today’s digital-first world, businesses are transforming every aspect of their operations— by automating operations, servicing customers online, digitizing trade and payments, managing cash flow and leveraging online marketplaces. This digital evolution has been redefining corporate customer expectations from banks for some time now, making speed, convenience, and personalization the norm.
Today, Raidiam, the global expert in data-sharing technologies, has launched a new service, Raidiam Advise. Building on Raidiam’s unrivaled expertise in designing and delivering world-class data sharing ecosystems, this suite of specialised advisory services will further support clients in the development of secure and trusted open banking and smart data ecosystems.
Metro Bank has partnered with engagement banking provider, BankiFi, to launch Invoice It – the easy-to-use app and web-based service which helps SMEs send and receive payments.
fundcraft, a leading provider of digital-native fund operations, today announced that Moonfare, the world’s leading digital platform for private equity investing, is live on its solution.
Moonfare seeks to democratise private equity investing. It does so by selecting the best funds from General Partners such as KKR, Carlyle, and EQT, and offering access to these funds to eligible individual investors and family offices.
SoFi Technologies, Inc., a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced a $2 billion loan platform business agreement for personal loans with funds managed by affiliates of Fortress Investment Group LLC (“Fortress”). The agreement will expand SoFi’s capabilities in its loan platform business, where the company refers pre-qualified borrowers to loan origination partners as well as originates loans on behalf of third parties.
The collaboration will bring an AI-powered solution to help financial institutions level up their lending business through a no-code SaaS model that puts the ownership of credit modelling in the hands of Worldline’s clients of all sizes globally. The FinbotsAI solution will enable financial institutions to develop & deploy credit scorecards with powerful artificial intelligence and machine learning algorithms that are embedded across the value chain; from data to decisioning, for both individual and business lending.
Bank payment company GoCardless has named Alexandra Chiaramonti the Managing Director of its international business. With this appointment, Chiaramonti also joins the GoCardless executive team.
In her role, Chiaramonti is responsible for scaling the fintech’s growth outside of the UK and Ireland, with a focus on Europe and Asia Pacific.