Light Raises $30M Series A To Replace Legacy Finance Systems With AI-Native Platform
- 1 year 7 hours ago
- Fundraising News
Light, the AI-native finance platform that processes 280 million records in under a second, today announced $30 million in Series A funding led by Balderton Capital. The investment comes as the company reports 30x growth over the past 12 months, with customers reducing finance operations time by 84% after switching from legacy ERPs.
Duco Launches Next-Gen AI Automation At SIBOS
- 1 year 7 hours ago
- Artificial Intelligence
As regulatory deadlines accelerate and data volumes explode, Duco is arming financial institutions with smarter, faster and easier ways to automate. Today Duco introduces AI-powered rules that anyone can build, automated ingestion for any file format, and real time assurance for T+1 settlement readiness in the UK/EU. Agentic Rule Builder
iDenfy Launches A New AI Generated Report Feature On Its Know Your Business (KYB) Platform
- 1 year 7 hours ago
- Digital Identity
iDenfy, a leading Lithuanian RegTech company specializing in identity verification and fraud prevention solutions, recently announced the launch of its latest AI feature, which is a unique KYB Company Report that automatically summarizes the most important data about the company that’s being verified. A new tool embedded within its innovative compliance dashboard should help analysts quickly assess risks, verify legal company data, and spot...
Coconut Launches Industry First Partnership With Zempler Bank To Support Millions Set To Be Impacted By Government’s MTD Deadline
- 1 year 7 hours ago
- Banking
North West-based Accounting software fintech Coconut has announced a first-of-its-kind integration with digital business bank Zempler to support the millions of sole traders and landlords affected by the upcoming Making Tax Digital for Income Tax (MTD IT) deadline. The joint offering will simplify and streamline tax preparation - completely free of charge.
Oracle Achieves Swift Compatible Application For Payments 2025
- 1 year 8 hours ago
- Payments
Oracle Financial Services today announced that Oracle Banking Payments has been validated as a Swift Compatible Application. With this achievement, financial institutions can feel confident in leveraging Oracle's solutions to help meet Swift standards for payment security, interoperability, and regulatory compliance, while benefitting from modern, AI-enabled payment messaging processing.
Solaris Selects ACI Connetic To Future-Proof Payments Infrastructure
- 1 year 8 hours ago
- Payments
ACI Worldwide, an original innovator in global payments technology, today announced that Solaris SE, Europe’s leading embedded finance platform, has selected ACI Connetic to consolidate all SEPA instant payments onto
Chubb And Endeavor Forge Global Partnership To Empower Entrepreneurs And Support Emerging Market Economic Growth
- 1 year 8 hours ago
- Infrastructure
Chubb Limited and Endeavor today announced a unique global partnership that supports and advances high-impact entrepreneurs. This partnership underscores Chubb and Endeavor's shared commitment to foster innovation, cultivate the start-up culture and contribute to economic growth in emerging markets globally.
CGI Partners With Barclays To Integrate Multi-Bank Trade Finance Platform
- 1 year 8 hours ago
- Banking
CGI, one of the largest independent IT and business consulting services firms in the world, today announced its partnership with Barclays to integrate CGI Trade360, CGI’s global trade finance solution, with Konsole from Komgo, the largest multi-bank trade finance platform.
Swift To Add Blockchain-Based Ledger To Its Infrastructure Stack In Groundbreaking Move To Accelerate And Scale Benefits Of Digital Finance Across More Than 200 Countries And Territories Worldwide
- 1 year 8 hours ago
- Blockchain
Swift today announces that it will add a blockchain-based shared ledger to its technology infrastructure, a pivotal step for global finance that promises to make instant, always-on cross-border transactions possible at unprecedented scale.
Konsentus Appoints Tony Pegg As VP International Business Development
- 1 year 9 hours ago
- People Moves
Konsentus, a leading global provider of open banking and open finance infrastructure technology, today announced the appointment of Tony Pegg as VP International Business Development, strengthening the company’s leadership as it continues to expand globally.
Embedded Finance In A Single Sprint: Worldpay Launches Embedded Lending, Banking And Card Issuing For Platforms Partners
- 1 year 9 hours ago
- Lending
Worldpay® has launched the Embedded Finance Engine, a new suite of best-in-class financial service products that its software platform partners can quickly integrate to drive higher retention and revenue growth while streamlining their tech stacks and ecosystems.
Merck Selects Broadridge To Transform Treasury Operations With Real-Time Account Visibility
- 1 year 11 hours ago
- Treasury
Broadridge Financial Solutions, Inc., a global Fintech leader, today announced that Merck has selected Broadridge to implement Swift's new Instant Cash Reporting service through its Swift Service Bureau (SSB) and SCORE+ services. The comprehensive solution enables Merck to transform treasury operations with real-time, on-demand access to balance and transaction information of more than 400 accounts globally.
Simply Asset Finance Hits £150M Milestone In Scotland As It Opens New Glasgow Office
- 1 year 12 hours ago
- Infrastructure
Simply Asset Finance has announced a major milestone in Scotland, having now delivered £150 million of funding to SMEs in the region since first opening its Scottish office in 2022. Simply has observed strong momentum in Scotland supporting over 900 Scottish businesses to date across key sectors including construction, transport and manufacturing. In 2024 alone origination volumes in Scotland grew to £27 million as the business funded 529 assets...
GCEX Strengthens UK/EMEA Sales & Business Development With Appointment Of Steve Thomas
- 1 year 12 hours ago
- People Moves
Leading regulated digital prime broker GCEX (GCEX Group) has further strengthened its UK/EMEA sales and business development team with the appointment of Steve Thomas, who joins with over 25 years’ experience in the FX and digital asset industries.
Yaspa To Showcase Intelligent Payments At G2E As It Accelerates US Expansion
- 1 year 12 hours ago
- Infrastructure
Yaspa, the hyper-growth fintech specialising in iGaming payments and identity solutions, will showcase its Intelligent Payments platform at G2E Las Vegas next month as it ramps up its expansion into the United States. Yaspa’s Intelligent Payments combines real-time open banking with AI-driven insights to help provide operators with broader and deeper player insights to optimise LTV and comply with safer gaming regulations.
