Northern Arc Secures $80 Million Funding from IFC
- 1 year 9 months ago
- Fundraising News
Northern Arc, a diversified financial services platform, is delighted to announce an investment of $80 million from the International Finance Corporation (IFC), a member of the World Bank Group. The investment comprises an equal split of equity and debt, each contributing ~$40 million, demonstrating IFC’s confidence in Northern Arc’s scalable and sustainable business model and India’s expanding credit market.
Sublime Security Raises $20M Series A Led by Index Ventures to Redefine Email Security
- 1 year 9 months ago
- Fundraising News
Sublime Security, the AI-powered, programmable email security platform, announced today that it has raised $20 million in Series A funding, led by Index Ventures with participation from previous investors Decibel Partners and Slow Ventures.
FinQuery, Formerly LeaseQuery, Announces $25 Million Investment to Accelerate Product Innovation and Growth
- 1 year 9 months ago
- Fundraising News
FinQuery, formerly LeaseQuery, a leading provider of AI-powered solutions built to efficiently manage companies’ largest areas of spend, announced a $25 million minority investment led by Periphas Capital and supported by Lavelle Capital. The funding will accelerate product innovation and support strategic M&A.
WEX Signs Agreement with Leading Online Travel Platform Booking.com
- 1 year 9 months ago
- e-Payments
WEX, the global commerce platform that simplifies the business of running a business, today announced that it has reached a new long-term agreement with Booking.com, effective April 2024. This agreement distinguishes WEX as Booking.com’s preferred virtual card provider as it continues providing WEX payment solutions in support of Booking.com’s payments vision to make buying and selling travel-related products and services easier for everyone.
Time Is Running Out for Building Societies to Digitalise: Half of Customers Report Difficulties Engaging with Services
- 1 year 9 months ago
- Infrastructure
Building societies could be missing out on attracting a new generation of customers and retaining current ones by failing to accelerate their digital propositions and experiences according to a new report, “Digitise or die”: a call to arms for building societies’, from Moneyhub.
iPipeline Hires Technology Industry Veteran Adam Boone as New CFO to Accelerate Strategic Growth
- 1 year 9 months ago
- People Moves
iPipeline®, a leading provider of digital solutions for the life insurance and wealth management industries, today announces the appointment of Adam Boone as Chief Financial Officer, who will lead the financial management activities for the growing global business. Boone will play a critical role in advancing the company’s strategic operating initiatives, including spearheading plans for sustained financial growth.
Paystand Acquires Teampay for Giant Leap Toward B2B Payment Revolution
- 1 year 9 months ago
- Payments
Paystand, the global leader in blockchain-enabled B2B payments, today announced the acquisition of Teampay, an industry-leading spend management software. The transaction creates a B2B payments powerhouse whose continued goal is to revolutionize payments by expanding the largest, fastest, and most cost-efficient B2B payments network.
Globacap and Tokeny Join Forces to Enhance Tokenized Private Asset Distribution
- 1 year 9 months ago
- Management
Capital markets technology firms Tokeny, a leader in tokenization technology for capital markets assets, and Globacap, a world leader in the automation of private markets operational workflow, have partnered to expand the DINO Network and transform the distribution landscape for tokenized private assets.
Elavon and FreedomPay to Transform Payments for Hospitality and Retail in Europe
- 1 year 9 months ago
- Payments
Elavon, a leading global payments provider, today announces its expanded collaboration in Europe with FreedomPay, a global leader in Next Level Commerce™ technologies. The partnership aims to deliver cutting-edge integrated commerce solutions and omni-channel payment technology to large enterprise merchants across Retail and Hospitality.
Entrust Fights Deepfakes, Phishing, and Account Takeover Attacks with AI-Powered Identity-Centric Security Solution
- 1 year 9 months ago
- Security
Entrust, a global leader in trusted payments, identities, and data security, today announced a single-vendor enhanced authentication solution that integrates identity verification (IDV) and identity and access management (IAM) to fight deepfakes, phishing, account takeover (ATO) attacks and other threats.
TransUnion UK Partners with Percayso to Expand Access to Customer Insights
- 1 year 9 months ago
- Insurtech
Global information and insights company TransUnion, has announced its new partnership with insurance data intelligence provider Percayso Inform, to distribute TransUnion’s TrueVision credit data to insurers, managing general agents (MGAs) and brokers through Percayso’s API.
FastSpring and EBANX Forge Partnership to Expand Pix Payments for Digital Products in Brazil
- 1 year 9 months ago
- Payments
FastSpring, the leading merchant of record for global SaaS and software companies, and EBANX, a global technology company specializing in payments for rising markets, announce today a partnership to enhance users' payment experience within FastSpring's product suite in Latin America through local payment method Pix.
Soakly Partners with GoCardless to Streamline Payments for Swim School Owners
- 1 year 9 months ago
- Payments
GoCardless, the bank payment company, and Soakly, the software suite designed for swimming schools, have joined forces to offer Soakly customers a simpler way to take payments.
Feedzai Concludes Record-Breaking Fiscal Year 2024: Delivering Cash-flow Positive Results with Growth Acceleration Led by 88% Growth in Behavioral Biometrics Solutions
- 1 year 9 months ago
- Infrastructure
Feedzai, a leading provider of financial crime and risk management solutions, today announced record-breaking results for its 2024 fiscal year, delivering a strong combination of revenue growth acceleration and positive free cash flow margins. Business expansion was highlighted by the rapid expansion of Feedzai’s behavioral biometrics business, which grew 88% year-over-year.
TaxBit Builds Momentum in Digital Asset Compliance with New Funding for Strategic Product Expansion
- 1 year 9 months ago
- Fundraising News
TaxBit, the leading provider of tax and accounting compliance solutions, has announced a strategic investment from In-Q-Tel (IQT), the not-for-profit strategic investor for the U.S. national security community and America's allies. This development comes in response to growing demand for expanded use cases and digital asset compliance solutions on a global scale.
