Santander Goes Live with Planixs’ Realiti® Suite to Deliver Real-Time Cash and Liquidity Management

• 2 years 3 months ago
• Management

Planixs, the leading provider of real-time cash, collateral and liquidity management solutions, has announced today that G-SIB (Global Systemically Important Bank), Santander, has successfully gone live with its Realiti Software Suite to transform the bank’s liquidity management processes, including cash management, liquidity forecasting and risk mitigation. 

Spendesk Launches New Invoice Capabilities to Eliminate Time-consuming and Costly Manual Invoicing for SMBs

• 2 years 3 months ago
• Management

Spendesk launches its industry-first set of Invoice Automation features, bringing secure, one-click, end-to-end supplier payments to its 7-in-1 spend management solution. The new features relieve small and medium-sized businesses (SMBs) from the burden of invoicing by streamlining the process while providing full visibility and control through an easy-to-use interface.

iBanFirst Chooses Fenergo to Accelerate Client Onboarding in Expansion Drive

• 2 years 3 months ago
• Management

Fenergo has announced that payments service provider iBanFirst will automate compliance across multiple jurisdictions and accelerate client onboarding following the selection of its software as a service (SaaS) Client Lifecycle Management (CLM) solution.

FINOM Acquires Kapaga for Eight Figure Sum to Expand its Financial Services Platform into the UK

• 2 years 3 months ago
• Management

FINOM, the fast-growing mobile-first financial management platform for SMEs and freelancers, has acquired Kapaga, a UK-based cross-border payment service facilitating international trade for SMEs. The transaction will solidify FINOM’s position as the leading financial services provider for SMEs, and bolster its expansion plans in the UK and across the continent. 

Tailwind Partners with Nordigen to Launch a Visual Cash Flow Management Tool

• 2 years 3 months ago
• Management

Drip Capital Selected as a 2022 Red Herring Top 100 Global

• 2 years 3 months ago
• Trade Finance

Drip Capital, Inc., a leading digital trade finance platform, is thrilled to announce it has been listed as one of the ‘Top 100 Companies at Red Herring's Annual Global Event’ this year.

Finastra and InfoTech Help NBP to Modernize Trade Finance Operations and Boost Growth

• 2 years 3 months ago
• Trade Finance

Finastra has today announced that NBP (National Bank of Pakistan) has implemented Finastra’s Fusion Trade Innovation solution to power its trade finance operations. InfoTech (Pvt) Ltd., a leading systems integrator and Finastra’s exclusive authorized and certified reseller in Pakistan, led the deal and implemented the solution, which will enable NBP to lower transaction costs and provide corporate customers with a superior user experience.

Spendesk Expands into Spain and Italy Following Success of UK Launch

• 2 years 3 months ago
• Management

Spendesk, the 7-in-1 spend management solution for small and medium-sized businesses (SMBs), today announces it will expand into Spain and Italy, opening two new offices in 2023. The new locations build on the company’s existing presence in the UK, France and Germany, as part of its strategic plan to become the spend management market leader across Europe.

Neo Clears $5 Billion as Global Demand for Frictionless Cross-border Payments Increases

• 2 years 3 months ago
• Cash management

Neo, the treasury management, payments and FX fintech, has cleared $5 billion through its multi-currency accounts as cross-border payment volumes increase globally. The provider launched its multi-currency account offering for treasurers in June 2020 and cleared $4 billion in the past year. This compares to $1 billion in its first 15 months, reflecting growing demand from clients for a fast, cost-effective and transparent alternative to the... more

Tonga Development Bank Opens up Trade for Tonga’s Small Businesses with Currencycloud Partnership

• 2 years 3 months ago
• Trade Finance

Currencycloud, the experts in simplifying business in a multi-currency world, has been chosen by Tonga Development Bank (TDB) as a partner to help open up frictionless commerce and extend the reach across Oceania and beyond for Tonga’s small-medium businesses (SMBs).

Kyriba Revolutionises Cash Forecasting for CFOs with Liquidity Planning Platform

• 2 years 3 months ago
• Management

Kyriba, (“the Company”), a global leader of cloud-based finance and IT solutions, today announced the launch of Liquidity Planning, a totally reimagined cash flow planning and forecasting solution. Liquidity Planning unifies FP&A, working capital and treasury data across multiple scenarios, giving CFOs data, insight and actionability to accurately manage the cash lifecycle and improve the accuracy of free cash flow projections.

ADSS Partners with Real-time Analytics Leader KX to Accelerate Transformational Growth Strategy

• 2 years 4 months ago
• Trade Finance

ADSS, the Abu Dhabi and London-based financial services firm, has partnered with leading real-time analytics company KX to increase operational efficiency as it rolls out its transformational growth strategy and offers clients greater access to liquidity and a broader range of financial instruments.

B2B Marketplace Solv Launches in Kenya to Unlock MSMEs’ Growth Potential

• 2 years 4 months ago
• Trade Finance

Micro, Small and Medium Enterprises (MSMEs) in Kenya will now be able to access working capital financing and a wide range of other business solutions following today's launch of Solv in Kenya.

Metaverse VP Bails to Lead Stripe’s Revenue and Financial Management

• 2 years 4 months ago
• Management

Stripe has appointed Microsoft and Meta veteran Vivek Sharma as its first head of revenue and financial management. In the new role, Sharma will oversee an increasingly important part of Stripe's business as it continues to expand beyond payments and become a financial one-stop shop for internet businesses. Among the products under his command will be Stripe Billing, Stripe Invoicing, Stripe Tax and Revenue Recognition.

Beams Fintech Fund Invests in India’s Leading Supply Chain Finance Company, Progcap

• 2 years 4 months ago
• Supply Chain Finance

Beams Fintech Fund, India’s first Growth Stage Fintech Fund, has invested in the Series C round of Progcap, India's leading supply chain finance company. Beams has invested alongside Google, Creations, Tiger and Sequoia in this round. Other investors in this company include GrowX, CIBIL chairman MV Nair, Freecharge co-founder Sandeep Tandon. 9Unicorns & ZNL Growth Fund also participated in the round along with Beams.