Stavtar Solutions Secures $55 Million From Elephant to Accelerate Growth and Scale Operations
- 15 hours 20 min ago
- Fundraising News
Stavtar Solutions, a leading provider of business spend management and expense allocation SaaS for complex businesses such as alternative asset managers, today announced a Series A investment of $55 million from Elephant. The minority investment will fuel the next phase of expansion for the platform that has revolutionized how complex businesses are managing their business spend, expense allocations, vendors, contracts, budgets, payments, and...
Capitolis Announces Strategic Investments
- 15 hours 25 min ago
- Fundraising News
Capitolis, the financial technology company, today announced additional strategic investments from leading global banks and venture capital firms. New bank investors Barclays and BNP Paribas join J.P. Morgan, an existing Capitolis investor, as well as Citi, Morgan Stanley, State Street, and UBS—all of which previously invested in this round.
Casap Raises $25M Series A to Revolutionize Payment Disputes With AI and Eliminate First Party Fraud Losses
- 15 hours 40 min ago
- Fundraising News
Casap, the leader in intelligent automation for dispute and fraud operations, has raised $25 million in Series A funding led by Emergence Capital, with participation from Lightspeed Venture Partners, Primary Venture Partners, SoFi and others. This brings Casap’s total funding to $33.5 million and sets a new record for venture investment in the payment disputes category.
Rillet Raises $70M to Replace 20th-Century Accounting Software With AI-Native ERP Built by Accountants
- 15 hours 40 min ago
- Fundraising News
Rillet, the AI-native ERP (enterprise resource planning) platform built for modern finance teams, today announced a $70 million Series B co-led by Andreessen Horowitz and ICONIQ with participation from Sequoia, Oak HC/FT and earlier investors. In conjunction with the new funding, Andreessen Horowitz General Partner Alex Rampell and ICONIQ General Partner Seth Pierrepont are joining the board.
Ledgible and BitGo Partner to Empower Institutional Crypto Clients With End-to-End Tax Compliance Solutions
- 15 hours 55 min ago
- Tax Authorities
Ledgible, the leading digital asset tax and accounting platform for enterprises and institutions, today announced its partnership with BitGo, the leading infrastructure provider of digital asset solutions. The collaboration brings best-in-class tax reporting and compliance solutions to BitGo clients, rounding out BitGo’s offering with full tax lifecycle support.
GPT 5.0 Launch Sparks Fresh Concern for Finance Teams Battling AI-Driven Expense Fraud
- 16 hours 2 sec ago
- Fraud Detection
As the world reacts to the launch of GPT-5.0, a new survey from spend management leader, Medius, reveals a mounting crisis for finance professionals already struggling to detect AI-generated expense fraud. With nearly a third (32%) of respondents admitting they wouldn’t recognize a fake expense report if it came across their desk, the arrival of a more powerful generative AI model threatens to only widen an already dangerous gap in business...
Wirex Integrates tGBP, Bringing Regulated Tokenised GBP to 6 Million Users
- 16 hours 2 sec ago
- Cryptocurrencies
Wirex, a global leader in Web3 payments and digital finance, has announced the integration of tGBP – a fully backed, on-chain representation of the British Pound Sterling – into its platform. This move enables over six million users across 130+ countries to access and transact with a regulated, fiat-pegged digital pound issued by a UK-based, FCA-registered cryptoasset firm.
Digital Lending Gets Smarter: TruStage Modernizes Lending Protection With Simplified, Real-Time Solution
- 16 hours 10 min ago
- Lending
TruStage™, a leading insurance and financial services provider, announced key enhancements to the digital lending process, simplifying the insurance experience for both the borrower and their financial institution. The updated digital purchase solution gives customers the ability to opt-in to payment protection directly within their loan application, automatically integrating protection into loan documents.
FCA Sets Out Changes to Payment Safeguarding Rules
- 16 hours 55 min ago
- RegTech
Safeguarding means that customer money must be kept separate from the firm’s own money so that it is available to be returned if the firm fails.
Socure and Baselayer Partner to Deliver Next-Gen Business Identity Verification via RiskOS™
- 17 hours 2 sec ago
- Digital Identity
Socure, the leading provider of AI-powered digital identity verification, compliance, and fraud prevention solutions, today announced a strategic partnership and integration with Baselayer, the market-leading Business Identity, Credit, and Fraud provider. By embedding Baselayer's high-fidelity business verification and fraud signals into the RiskOS™ platform, the partnership enables Socure customers to onboard 100% of good business applications.
Sygnum Bank Announces SUI Support for Clients on the Back of Serving as Banking Partner to Sui Foundation
- 17 hours 10 min ago
- Asset Management
Sygnum, a global digital asset banking group, today announces a variety of accessible custody, trading, and lending solutions for layer-one cryptocurrency, SUI, broadening access for professional and institutional clients to the Sui ecosystem. Sygnum’s regulated product portfolio and bank-grade infrastructure provides Sui with a trusted gateway to tap into the accelerating inflows from financial institutions, banks, asset managers and High Net...
Brex Secures EU Payment Institution License, Unlocking Next Phase of Global Expansion
- 17 hours 10 min ago
- Payments
Brex, the intelligent finance platform, today announced that it has secured its Payment Institution (PI) license in the European Union, via the Netherlands. This marks a significant step in Brex's mission to serve high-growth businesses across key international markets where they currently operate.
Payroc Completes Acquisition of Agilisa Technologies
- 17 hours 40 min ago
- Payments
Payroc today announced the acquisition of Agilisa Technologies, an API-centric payment gateway headquartered in Santo Domingo, Dominican Republic. This strategic move strengthens Payroc's position as a global leader in payment processing delivering unparalleled value to our merchants and partners.
NEA-Backed NG.CASH Announces the Close of $26.5M Series B
- 17 hours 40 min ago
- Fundraising News
NG.CASH, a consumer fintech platform built to serve Brazil’s digital-first generation, has announced the close of a $26.5 million Series B funding round. The investment was led by New Enterprise Associates (NEA) with participation from Quantum Light, the innovation-focused fund launched by Revolut founder Nikolay Storonsky, Monashees, Andreessen Horowitz (a16z), Endeavor Catalyst, 17Sigma, founded by Ualá founder Pierpaolo Barbieri who is also...
Credit Sesame Enlists Green Dot to Enhance Sesame Cash Digital Banking Offering
- 17 hours 50 min ago
- Digital banking
Credit Sesame, one of the first platforms to provide consumers free and ongoing access to their full credit information and profile, is partnering with Green Dot Corporation to power and enhance its Sesame Cash smart digital banking service designed to help customers grow their savings. Leveraging Green Dot’s embedded finance platform, Arc, Credit Sesame will offer users access to FDIC-insured demand deposit accounts (DDAs) at launch.
