SoFi Technologies, Inc., a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, announced today that it now serves more than 10 million members across its suite of products and services.

MoneyLIVE Summit, Europe’s most senior event for banking and payments professionals, will gather over 1500 industry leaders to discuss the future of finance.  

Liquidnet, a leading technology-driven agency execution specialist, today announced a record-breaking year for its VWAP Cross solution, achieving a 75% year-over-year increase in daily principal traded, and strategic expansion into the Philippines, reinforcing its commitment to innovation and market leadership across Asia Pacific.

Toqio, a leading technology platform for B2B embedded finance for businesses, has added two senior hires across its key markets of the UK and Spain. The two new hires – a VP of Technology and UK Head of Sales - will further drive Toqio’s growth and product innovation and come as the B2B embedded finance market is forecast to surge in 2025 and beyond. 

Mambu, a leading cloud banking platform has announced the appointment of Ivneet Kaur as Chief Product & Technology Officer.

Bivial AG is proud to announce the successful completion of its rebranding from Klarpay AG. This transformation represents a major milestone in the company's journey, aligning its identity with its vision to become a global leader in comprehensive financial solutions for digital businesses.

Allvue Systems, LLC, a leader in alternative investment solutions, has acquired PFA Solutions LLC, a provider of compensation and carried interest software solutions for firms across private equity, private debt and venture capital.  PFA’s flagship product, FirmView®, combined with Allvue’s platform, will help CFOs and finance teams streamline fund operations and accounting workflows.  The combined power of both platforms will further enable alternative investors to make superior investment decisions and simplify operations.

Parafin, which builds embedded finance infrastructure, has announced the close of its $100 million Series C financing at a $750 million valuation. The financing was led by Notable Capital, with significant participation from Redpoint Ventures. Existing investors Ribbit Capital, Thrive Capital, and GIC also participated in the round.

Databricks, the Data and AI company, today announced its Series J funding. The company is raising $10 billion of expected non-dilutive financing and has completed $8.6 billion to date. This funding values Databricks at $62 billion and is led by Thrive Capital. Along with Thrive, the round is co-led by Andreessen Horowitz, DST Global, GIC, Insight Partners and WCM Investment Management.