Unlimit and Convera Partner to Simplify Tuition Payments for Students in Developing Countries
- 1 year 10 months ago
- Payments
Unlimit, a leading global fintech company, has announced that it has partnered with Convera, the global commercial fintech that powers international business by moving money with ease, to empower their GlobalPay for Students platform and simplify tuition payments for students in emerging markets.
Avaloq Introduces OpenWealth Standard at LGT to Enhance Business with Independent Asset Managers
- 1 year 10 months ago
- Management
Liechtenstein-based LGT, in collaboration with Avaloq and Synpulse8, has implemented the OpenWealth API standard to enhance LGT's business with financial intermediaries. The new solution will provide them with real-time access to LGT's investment positions and transaction data, with standardized data quality and an intuitive single interface.
Monavate and Know Your Customer Collaborate to Reinvent Compliance Across the European Payment Solutions
- 1 year 10 months ago
- Payments
Monavate, a prominent provider of payment solutions, has joined forces with Know Your Customer, a global leader in business KYC verification. Together, they aim to revolutionise the European payment solutions sector by redefining compliance processes, elevating customer onboarding experiences, and cultivating trust within the digital payment ecosystem.
Kapitus Closes $45M Investment-Grade Corporate Note Financing
- 1 year 10 months ago
- Fundraising News
Kapitus, a leading provider of financing for small and medium sized businesses, today announced the closing of a $45 Million investment-grade corporate note financing. The closing of this most recent financing increases the Company’s total debt facilities to $585 Million.
UBS Introduces Framework to Size and Seize the AI Investment Opportunity
- 1 year 10 months ago
- Artificial Intelligence
The launch of ChatGPT marked a watershed moment for AI and its adoption, and the range of problems that AI can address keeps growing at a quick pace. In its new report Artificial intelligence: Sizing and seizing the investment opportunity, UBS GWM’s CIO outlines a value chain led framework for the investable AI universe, describing the value creation in the AI industry from a bottom-up perspective.
finova Upgrades Award-Winning Origination Platform Apprivo to Drive Operational Efficiency for Clients Amid Rate War
- 1 year 10 months ago
- Infrastructure
finova, the UK's largest cloud-based mortgage and savings software provider, has today rolled out two new upgrades to its award-winning origination platform, Apprivo: ‘SmarterDocs’ and ‘Enhanced Tasks’.
Trustwise Launches With $4 Million Round From Hitachi Ventures to Solve Generative AI Safety and Efficiency
- 1 year 10 months ago
- Fundraising News
Trustwise, a pioneer in generative AI application performance and risk management, today announced its official launch, the release of its Optimize:ai product, and $4 million in seed financing. Led by Hitachi Ventures with participation from Firestreak Ventures and Grit Ventures, this investment will enable the company to speed up the development of cost and risk optimized generative AI prototypes for various industries, accelerate its go-to-...
Chexy Raises $4.1M CAD Seed Round to Scale Its Rewards and Payments Platform for Renters
- 1 year 10 months ago
- Fundraising News
Chexy, Canada’s rent rewards and payments platform announces its seed round raise of $4.1M. The round was led by Venrex, with participation from Crossbeam Ventures, Groundbreak Ventures, Antler Global, and strategic angels in real estate, fintech, and banking.
Ramify Raises €11 Million to Become the Leader in High-End Wealth Management
- 1 year 10 months ago
- Fundraising News
Ramify, the innovative wealth management and financial advice platform, announces a fundraising of €11 million in Series A. This funding round was led by 13books, with the participation of Fidelity International Strategic Ventures and historical investors that are Newfund, AG2R LA MONDIALE through its investment fund ALM Innovation, Crédit Agricole Brie Picardie, and business angels.
First Abu Dhabi Bank (FAB) Bolsters CLM Operations with Fenergo
- 1 year 10 months ago
- Banking
Fenergo, the leading provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring, and Client Lifecycle Management (CLM), announces today that First Abu Dhabi Bank (FAB) the largest bank in the United Arab Emirates (UAE), has integrated Fenergo’s software-as-a-solution (SaaS) CLM solution to speed up client onboarding and enhance its anti-money laundering (AML) compliance processes.
Sumsub Partners with 21 Analytics to Add Self-Hosted Wallet Verification to Its Crypto Travel Rule Solution
- 1 year 10 months ago
- Cryptocurrencies
Sumsub, a global full-cycle verification platform, is pleased to announce a new partnership with 21 Analytics, a Swiss-based Travel Rule compliance software provider.
B2Broker Shakes Up the Market with Next-Gen Copy Trading Platform
- 1 year 10 months ago
- Trading Systems
According to The Insight Partners, the copy trading market is poised to grow from $2.2 billion to $4 billion by the decade's end. This growing market presents a critical opportunity for brokers to implement sophisticated copy trading platforms that align with trader expectations.
Dineo Crédito Enters Partnership with Mambu to Revolutionise Ethical Digital Lending in Spain
- 1 year 10 months ago
- Lending
Dineo Crédito, Spanish microlender part of the international retail leader Cash Converters group, has entered a partnership with Mambu, the leading cloud banking platform. The move will see Dineo Crédito migrate from its in-house core system to Mambu, where it plans to launch innovative lending products for its growing customer base in Spain.
Number of Growing Sectors Highest in 15 Months
- 1 year 10 months ago
- Banking
According to the latest Lloyds Bank UK Sector Tracker, more parts of the UK economy grew in May than at any time in the last 15 months. While the overall rate of output growth across the economy slowed marginally in May (53.0 vs. 54.1 in April), 11 out of the 14 UK sectors monitored by the Tracker reported output growth – up from eight in April and the most since February 2023.
Mexican Fintech Unicorn Clip Announces US$100 Million Investment
- 1 year 10 months ago
- Fundraising News
Clip, Mexico's leading digital payments and commerce enablement platform, today announced that it has secured an investment round of US$100 million from investment funds managed by Morgan Stanley Tactical Value ("MSTV") and from one of the largest, most experienced West-Coast mutual fund managers. The investment values Clip in line with the Series D round completed in 2021.
