Paraglide Raises $5M Seed Funding From Bessemer and DN Capital to Automate Accounts Receivable With AI Agents
- 2 weeks 3 days ago
- Fundraising News
Paraglide, an agentic AI product for accounts receivable (AR), today announced it has raised a $5 million seed round co-led by Bessemer Venture Partners and DN Capital, with participation from Born Capital and The Nordic Web Ventures. The funding will support Paraglide’s expansion across Europe as demand for agentic automation in finance operations grows.
GCEX Appoints Carmen Tan as Managing Director, MENA
- 2 weeks 3 days ago
- People Moves
Leading regulated digital prime broker GCEX (GCEX Group) has appointed Carmen Tan to lead GCEX MENA. Based in Dubai, Carmen will focus on spearheading growth opportunities for the VARA regulated entity and delivering exceptional service to institutional clients. As a fluent Mandarin and Cantonese speaker, Carmen’s remit extends beyond Managing Director of the MENA region to also drive market expansion in Asia.
Castles Technology Partners With Loomis Pay to Power European Expansion With Next-Generation Android Devices
- 2 weeks 3 days ago
- Payments
Castles Technology, a global leader in Android payment acceptance devices, has been selected by Loomis Pay, the POS and digital payment division of Loomis, to support its European expansion. Through this collaboration, Loomis Pay will strengthen its capacity to deliver flexible and secure POS and payment solutions tailored to merchant preferences. As well as empowering merchants and their customers to transact the way they prefer, cash, card and...
Float Secures Close to $100M in Funding to Unlock Over $1.5B in Spending Power for Canadian Businesses
- 2 weeks 3 days ago
- Fundraising News
Float Financial ("Float"), Canada's leading business finance platform, today announced it has secured nearly $100 million CAD through two debt facilities from Silicon Valley Bank (SVB), a division of First Citizens Bank, and a tier-1 Canadian bank. Despite a year of consecutive interest rate cuts from the Bank of Canada, the facilities enable Float to continue offering up to 4% interest on every dollar, the best interest rates in Canada.
Vennre Raises USD 9.6M Pre-Series A to Redefine Private Market Access in MENA
- 2 weeks 3 days ago
- Fundraising News
Vennre, a wealth creation platform enabling HENRYs (High Earners, Not Rich Yet) to access private market opportunities, today announced the successful close of its Pre-Series A funding round, raising USD 9.6 million through a hybrid equity and debt structure. The round was co-led by Vision Ventures and anb seed Fund, with participation from Sanabil 500, Ace & Co, Plus VC, and strategic individual investors from the private banking,...
Primary Partners With SISS Data Services to Improve Cash Visibility and Planning for Businesses
- 2 weeks 3 days ago
- Cash management
Primary has selected SISS Data Services (SISS) as a key technology partner to facilitate high-reliability and complete bank data fees for its corporate treasury management platform. By integrating SISS’s data capabilities, Primary connects its customers with critical bank transaction data via direct feeds. This integration supports Primary’s mission to provide corporate finance teams with a single, comprehensive picture of cash across...
Almost Half of UK Shoppers Would Trust AI to Shop on Their Behalf, Shows Adyen Research
- 2 weeks 3 days ago
- E-Commerce
Adyen, the global financial technology platform of choice for leading businesses, today published its 2026 Retail Report, revealing a growing appetite for AI among UK shoppers. AI is quickly moving to a mainstream shopping tool, with its adoption among UK consumers more than doubling over the past year, rising from 12% to nearly 28%. Gen Z shoppers continue to lead the charge in adoption (43%), followed closely by Millennials (42%).
NCR Atleos Appoints New Chief Information Officer to Drive Technology Strategy, Digital Transformation and AI-Led Automation
- 2 weeks 3 days ago
- People Moves
NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced the appointment of Rohan Pal as Chief Information Officer (CIO), reinforcing the company’s commitment to innovation, operational excellence and growth.
Fleur de Roos Promoted To Chief Operating Officer at Fourthline
- 2 weeks 4 days ago
- People Moves
Fourthline, the leading European provider of AI-powered identity verification and compliance solutions, is pleased to announce the promotion of Fleur de Roos to Chief Operating Officer (COO), effective immediately. De Roos brings deep expertise and institutional knowledge to this new role, having been instrumental in Fourthline's legal and operational evolution since joining as General Counsel in 2022.
AiStrike Raises $7M To Accelerate AI-Native, Preemptive Cyber Defense
- 2 weeks 4 days ago
- Fundraising News
The era of purely reactive security operations is over. AiStrike, a cybersecurity company pioneering AI-native, preemptive cyber defense, today announced it has raised $7 million in Seed funding to scale its agentic AI platform for security operations. The round was led by Blumberg Capital, with participation from Runtime Ventures, Oregon Venture Fund, and strategic angel investors.
Barclays and FactSet Enter a Multiyear Strategic Agreement
- 2 weeks 4 days ago
- Infrastructure
Barclays today announced a multiyear arrangement with FactSet, a global financial digital platform and enterprise solutions provider, as a further step in realizing Barclays’ long-term market data strategy. This collaboration harnesses FactSet’s advanced analytics and innovative technology, empowering Barclays to deliver enhanced, data-driven solutions for its global client base.
GFT Technologies Appoints USA CTO to Elevate the Role of AI in Banking, Private Equity and Manufacturing
- 2 weeks 4 days ago
- People Moves
Global digital transformation company GFT Technologies today announced the appointment of Kaushal Sheth as its CTO, USA. The 30-year technology veteran co-founded and served as Executive Director of Sophos Solutions, before the company was acquired by GFT. Now, as GFT’s USA CTO, Sheth is expanding GFT’s AI capabilities, with a focus on AI solutions and agents guided by experiential intelligence.
Gatehouse Bank Partners With Algbra Group to Unlock UK Residential Property Finance for Overseas Residents
- 2 weeks 4 days ago
- Infrastructure
Gatehouse Bank has today released further details of its strategic partnership with London-based, Shariah-compliant financial technology firm, Algbra, which was announced last year.
ebankIT Strengthens North American Expansion to Support Digital Banking Modernization
- 2 weeks 4 days ago
- Banking
ebankIT, a global provider of digital banking and omnichannel financial services platforms, today announced the appointment of Jerry Reese as Senior Solutions Engineer for North America, strengthening the company’s technical leadership as it accelerates its expansion across U.S. and Canada.
Tinaba with Banca Profilo Strengthens Its Global Positioning and Launches Digital Payments in the Chinese Mainland with Alipay+
- 2 weeks 4 days ago
- Payments
Tinaba with Banca Profilo announces the launch of digital payments in the Chinese mainland through the extension of its strategic partnership with Alipay+, Ant International’s global wallet gateway solution, bringing a simple, cashless and local payment experience to Italian travellers in the world’s largest digital market.
