Latest news

Aleph Raises $16.7M to Build Next-Gen Financial Planning and Analysis Platform

2 years 7 months ago
Fundraising News

Aleph, the source of truth for finance teams, emerged from stealth with $16.7 million in financing. The funding round was led by Bain Capital Ventures (BCV) with participation from existing investors Khosla Ventures, Picus Capital and Y Combinator, and including angel investors and current customers. Aleph serves as the one repository for all financial data, helping teams make better decisions, faster.

Allied Payment Network Partners with Murphy & Company to Increase Digital Engagement

2 years 7 months ago
Payments

Allied Payment Network, Inc. (Allied), the industry leader in real-time, open-network payments solutions to banks and credit unions, announced today its partnership with Murphy & Company, a fintech-focused marketing firm dedicated to helping financial institutions increase digital engagement through education and custom content.

Provenir Named Finalist for 2023 Banking Tech Awards

2 years 7 months ago
Infrastructure

Provenir, a global leader in AI-powered risk decisioning software, today announced that it has been named a 2023 Banking Tech Awards finalist in the “Tech of the Future – AI and Data – Decision Engine” category.

Four Key Takeaways from TransUnion Future Summit 2023

2 years 7 months ago
Personal Finance

Global information and insights company TransUnion recently hosted its UK Future Summit 2023. The event brought together leading companies from finance, banking, fintech, insurance and other sectors to discuss the importance of credit inclusion and credit education as well as supporting financially vulnerable consumers and enhancing customer experiences.

Kota Raises €5M Seed Led by EQT Ventures

2 years 7 months ago
Fundraising News

Kota, formerly known as Yonder, the all-in-one platform to automate insurance and retirement benefits for modern teams, has successfully closed a €5M Seed round led by EQT Ventures with follow-on investment from existing investors Northzone and Frontline Ventures. Other notable investors include Job Van Der Voort of Remote.com, Romain Huet formerly of Stripe, now Open AI, David Clarke formerly of Workday and others in the oversubscribed round.

Cohesity Names Industry Leaders – Indra Nooyi, Jim Snabe, Ken Denman, and Tami Erwin – to Newly Formed CEO Advisory Council

2 years 7 months ago
People Moves

Cohesity, a leader in AI-powered data security and management, today announced that Indra Nooyi, Jim Snabe, Ken Denman, and Tami Erwin have joined a newly formed CEO Advisory Council. This group of well-respected and deeply connected industry leaders will help guide Cohesity’s CEO and executive staff, as Cohesity expands its ambitions as a leader in AI-powered data security and data management.

Montonio Hits 18-Month Milestone in Poland Amidst Strategic Growth

2 years 7 months ago
Payments

Montonio, a fast-growing online payment solutions provider, celebrated its 18-month milestone in Poland, amidst plans to expand its local team, reflecting its commitment to the burgeoning Polish e-commerce sector. Since its successful launch in Poland in March 2022, Montonio has become a trusted choice for merchants, owing to its innovative payment solutions and unparalleled service quality.

Room Zero Announces Deal with Jupiter Asset Management

2 years 7 months ago
Asset Management

Room Zero, the provider of specialist software to the asset management industry, has signed a five-year deal with Jupiter Asset Management to consolidate assets under management and flow information into a single dataset. Assets under management and flow data are typically managed separately by multiple teams in an asset management business. Room Zero’s cloud-based software eliminates duplication of effort and silos, allowing multiple...

UK Lenders Prioritise Affordability Checks as Struggling Brits Turn to Borrowing to Make Ends Meet

2 years 7 months ago
Lending

Higher loan rejections and limited traditional affordability checks are impacting Brits’ ability to access credit to help make ends meet, according to new research from Tink, the market leader in open banking. Findings from a survey of 1,000 UK borrowers - those who hold either a mortgage or loan - suggest that a significant number of Brits today need to find a way to bridge the gap between income and expenditure each month.

Industry Must Collaborate to Unlock Commercial Opportunity of Variable Recurring Payments, New Report Reveals

2 years 7 months ago
Data

With all eyes on the future of open banking, merchants, banks and payment providers are convinced that

From Business to Fields: P2P Market Peeks at Agriculture

2 years 7 months ago
Data

The share of "mixed" P2P platforms accounts for 55% of the European market. While consumer lending and business are leading the way by segment, agricultural platforms are actively gaining traction. The segmental structure of the European P2P market has changed slightly from 2017 to the present, but the key roles have held their ground.

Tradeweb and FTSE Russell Announce Strategic Partnership

2 years 7 months ago
Infrastructure

Tradeweb Markets Inc., a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, and FTSE Russell, an LSEG business, today announced a strategic partnership to develop the next generation of fixed income index pricing and index trading products.

Data intelligence Expert Bud Selected by Student Finance Platform Blackbullion to Enhance its Financial Wellbeing Solutions for Higher Education Students

2 years 7 months ago
Mobile Banking

Bud Financial (Bud), a leading AI-powered data intelligence platform for the financial services and banking industry, announces its partnership with the student financial wellbeing platform Blackbullion.

Lyfeguard Partners with Moneyhub to Integrate Open Finance Functionality

2 years 7 months ago
Alternative Finance

Lyfeguard, the leading digital platform for comprehensive life planning, has partnered with Moneyhub, a data & intelligence platform, to deliver a 360-degree, real-time view of personal and financial information.