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Lightspeed Leads Zluri’s $20M Funding Round as SaaS Management Platform Takes Off

Large companies are typically using over 1100 SaaS applications to run their operations and the number of companies adopting this trend is rapidly growing 20% every year but this presents a number of risks. Helping them manage their SaaS estates and mitigate risks, SaaS operations(SaaSOps) platform Zluri is today announcing a $20M funding round. The Series B funding round was led by Lightspeed, with participation from existing investors including MassMutual Ventures, Endiya Partners and Kalaari Capital.

Thursday, July 13, 2023 - 11:37
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Financial IT
CapStack, a Bank-to-bank Marketplace, Raises $6M

CapStack, a startup formed by Pipe co-founder Michal Cieplinski, has raised $6 million toward its effort to build an integrated operating system for banks.

In simpler terms, Cieplinski described CapStack as the “first bank-to-bank marketplace,” giving the institutions the ability to share and have visibility into one another’s portfolios.

Thursday, July 13, 2023 - 11:22
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Financial IT
MerQube Raises $22M with Series B Fundraising Led by Intel Capital

MerQube, a pioneer in technology for next-generation index-linked investing, announces USD 22 million raised in Series B funding. The investment round was led by Intel Capital with participation from new investor Allianz Life Ventures, and existing investors Citi, J.P. Morgan, Laurion Capital Management and UBS. In conjunction with the financing, David R. Mueller, Intel Capital Investment Director, will join MerQube’s board of directors.

Thursday, July 13, 2023 - 11:15
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/news/fundraising-news/merqube-raises-22m-series-b-fundraising-led-intel-capital
Financial IT
InsurTech hepster Closes €10 Million Series B Financing Round

Leading European Embedded InsurTech hepster secures €10 million of new financing which will be deployed to support hepster’s continued expansion into new markets, delivering continued sustainable growth and securing hepster’s pathway to profitability. hepster offers an API-driven ecosystem that enables companies from all industries to seamlessly integrate needs-based customised insurance into their digital customer journeys. hepster is headquartered in Rostock, Germany with operations in Germany, Austria and France. 

Thursday, July 13, 2023 - 11:08
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Financial IT
Gatehouse Bank Awarded Best Fixed Account Provider by Moneyfacts

Gatehouse Bank has been named the Best Fixed Account Provider at the 2023 Moneyfacts Awards.

The Shariah-compliant ethical Bank was awarded the title for the second year in a row following detailed weekly data analysis by Moneyfacts’ research team. The winners were those who stood out for their competitive rates and a high level of service.

Thursday, July 13, 2023 - 11:03
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Financial IT
Latest UK Analysis Reveals Online Fraud Attack Volumes Nearly Doubled Last Year, But UK Fraudsters Have a Lower Success Rate than the Rest of the World

UK fraud attack volumes nearly doubled in 2022 as the scam-demic continues, according to the latest online fraud analysis published by LexisNexis Risk Solutions. 

Around 36 million human-initiated fraud attacks were confirmed in the UK last year, a rise of 92% from the previous year. Globally the rate of growth was slower, at 56%.

Thursday, July 13, 2023 - 10:59
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Financial IT
Enfuce Issues Trailblazing Visa-branded NBX Credit Card with Bitcoin Cashback
Card issuing and processing pioneer Enfuce has been chosen by leading Norwegian crypto exchange NBX to issue a Visa®-branded credit card offering Bitcoin cashback on purchases.
Thursday, July 13, 2023 - 10:54
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/news/p-cards/enfuce-issues-trailblazing-visa-branded-nbx-credit-card-bitcoin-cashback
Financial IT
Investing Platform Public Launches in the United Kingdom

Public, a US-based multi-asset investing platform, launches today in the United Kingdom, entering its first market outside the United States. With the firm’s UK expansion, Public aims to be the preeminent place to invest in US-listed equities, offering over 5,000 stocks, deep data and insights, and a simple and transparent fee structure with zero commission trading and low FX fees. 

Thursday, July 13, 2023 - 10:48
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Financial IT
Global Payments Leader, Convera Chooses Temenos to Modernize Payments in the Cloud

Temenos today announced that Convera, the largest non-bank global B2B payments provider, has selected Temenos Payments Hub running in the Temenos Cloud to modernize its payments infrastructure.

Thursday, July 13, 2023 - 10:41
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/news/payments/global-payments-leader-convera-chooses-temenos-modernize-payments-cloud
Financial IT
Payhawk Launches Money Management Handbook to Help VC-funded Founders & CFOs Manage Cash Flow

Payhawk, the fast-growing spend management platform which combines company cards, reimbursable expenses, and accounts payable in one solution, today announces its release of a money management handbook to help startups Founders and CFOs that have raised VC funding to manage their cash flow and build a business that lasts beyond the difficult first year. 

Thursday, July 13, 2023 - 10:36
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Financial IT

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