AWS re:Invent, held in Las Vegas each December is always a very significant event for anyone involved in cloud computing. December 2022 was no different, with presentations from the key staff igniting passionate, yet informed discussions among the 50,000 delegates who attended.

There were discussions about technical issues, product innovations and the latest roster of AWS tools. Yet these were eclipsed by financial and sustainability concerns.

BharatPe Group today announced a new addition to its leadership team with the appointment of Aparna Kuppuswamy as its Chief Risk Officer. A seasoned leader with almost 3 decades of experience in the Consumer Banking Industry with extensive expertise in managing portfolios across all major product lines including credit cards, mortgages, and unsecured personal loans. Aparna will be leading the risk portfolio across the BharatPe Group of companies, including the merchant and consumer businesses.

FINBOURNE Technology today announces a new partnership with market-leading investor voting Fintech, Tumelo. Integrating Tumelo’s voting technology into FINBOURNE’s cloud-native investment management data management platform, LUSID, will help fund managers better understand and reflect investors’ voting interests.

OKX, the world’s second-largest crypto exchange by trading volume and leading Web3 technology company, today published its fourth monthly 

Nordigen, an open banking data provider and a GoCardless company, has teamed up with Fintellect, a financial app that helps businesses to manage and forecast their finances.  

Strings of encrypted data represent coins in the cryptocurrency market. A distributed database called a blockchain keeps track of all the purchases, sales, and transfers in the system and ensures their integrity. Digital currencies are not produced by any central bank or monetary authority like the traditional monetary system.

Client Onboarding Platform Sikoia Raises $6M in Seed Round

Partnerships

Gate.io is Fully Integrated with Copper’s ClearLoop Network

Shift, a provider of credit and payment platforms to Australian businesses, has raised A$27 million in a Series C funding round led by Sequoia Capital Southeast Asia.

The raise comes on the heels of a A$140 million increase in debt funding capacity for the firm, which has seen revenue exceeding 50% growth in each of the last three years.

The new capital will be used to develop Shift's suite of credit and payment products and deliver more value to Shift’s network of broker partners, merchants and direct customers.

The transaction strengthens Noventiq’s presence in the Middle East and Africa, as part of its global expansion through M&A.

London, 17 February 2023 - Noventiq, the global digital transformation and cybersecurity solutions and services provider, announced today that the acquisition of UAE-based Seven Seas Technology (SST) has been closed.