Business Wire


Accordion Announces Strategic Acquisition of CFO Tech-Enablement Provider Platform Specialists

Acquisition Makes Accordion The Premier Digital Enablement Partner for PE-Backed CFOs NEW YORK–(BUSINESS WIRE)–Accordion, a private equity-focused financial and technology consulting firm, today announced that it has acquired Platform Specialists, an Enterprise Performance Management (EPM) consulting firm. The ability for the finance function to digitize is critical to driving operational efficiencies and enterprise-wide scaling efforts. […]

Airwallex Rolls Out Virtual Airwallex Borderless Cards for U.S. Businesses

– U.S. businesses can instantly generate and issue multi-currency Visa virtual payment cards to promptly pay third parties. – Leveraging Visa’s global network and reach, U.S. merchants will soon be able to make payments in more than 140 currencies wherever Visa is accepted globally. – The Airwallex Borderless Card’s U.S. launch follows its initial debut […]

Neat Capital Brings Mortgages into the 21st Century with its Release of Neatify, the Only Modern Mortgage Origination Platform Built in the Last Decade

Neat Capital’s LOS algorithmically automates the antiquated mortgage process, bringing unparalleled efficiency, certainty, and clarity to the residential home financing journey. BOULDER, Colo.–(BUSINESS WIRE)–Neat Capital, a Boulder-based FinTech company, announces the release of Neatify, the only modern mortgage origination platform built in the last decade. Neatify’s end-to-end technology platform includes: a cloud-based loan origination system […]

Bluesource & Element Markets are Combining to Form a Global Decarbonization Platform Backed by TPG Rise

Merger creates one of the world’s largest climate-focused companies dedicated to rapid deployment of carbon reduction projects and services SAN FRANCISCO & HOUSTON & SALT LAKE CITY–(BUSINESS WIRE)–Bluesource, LLC (“Bluesource”), the largest carbon credit developer in North America, and Element Markets, LLC (“Element Markets”), a leading renewable natural gas marketing and environmental commodities company, today […]

Banking App Nerve Expands Coverage From Music To Wider Creator Economy, Releases Public APIs Enabling Embedded Banking For Creator Platforms

AUSTIN, Texas–(BUSINESS WIRE)–Nerve, the banking app originally for music creators, has launched public APIs in its push to service the fast-growing creator economy – allowing companies that serve creators to make instant, low-cost payouts. Platforms and service providers who make payouts, advances, and/or royalty splits can use Nerve’s public API to dramatically reduce transaction fees […]

FinTech FeeX Secures $80M in New Investment, Changes Name to Pontera

New name for held away account platform reflects aspiration to be the bridge to a better retirement for millions of Americans NEW YORK–(BUSINESS WIRE)–FeeX, the financial technology company that enables financial advisors to securely manage their clients’ retirement accounts and other held away assets, announced today that it has raised $80 million across three recent […]

NTT Adds 7th Data Center Site – With Further Planned Investments to Expand To 120+MW Capacity in London

NTT plans to double London data center capacity as part of continued investment in the UK to support acceleration of digital transformation and hybrid IT environment Sustainability remains a priority for NTT data center design with all UK data centers operating on 100% renewable energy LONDON–(BUSINESS WIRE)–NTT Ltd.’s Global Data Centers division, recognized as a […]

Onfido Reports Another Breakthrough Year as Demand for Digital Identity Verification Surges

Identity verification leader surpasses $100M revenue and 150 million cumulative verifications, adding Volkswagen Financial Services, DBS Bank, and Orange as customers LONDON & SAN FRANCISCO–(BUSINESS WIRE)–Onfido, the global identity verification and authentication provider simplifying identity for everyone, today announced a breakthrough year for 2021. The company grew revenue 90% year-over-year to over $100 million, and […]

Intercontinental Exchange Announces Strategic Investment in tZERO Group, Inc.

Longtime ICE executive David Goone to be named tZERO’s new Chief Executive Officer NEW YORK & ATLANTA–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, announced today that it is making a strategic investment in tZERO, a leader in blockchain innovation […]

Pana is Working With Visa to Deliver the Next Innovation in Banking for Hispanics in USA

By joining Visa’s Fintech Fast Track program, Pana will deliver an innovative digital banking experience to the Hispanic community in the United States MIAMI–(BUSINESS WIRE)–Pana, a Latino-focused neobank, today announced that it has joined Visa’s Fintech Fast Track program, speeding up the process of integrating with Visa, a world leader in digital payments, allowing Pana […]

Wilshire Lane Capital Launches New Fund to Invest in the Rapidly Growing PropTech Space

J.P. Morgan, Nile Capital Group, And Others Join Anchor Investor Morgan Properties For $40 Million In Total Commitments At First Close LOS ANGELES–(BUSINESS WIRE)–Wilshire Lane Capital (“WLC”) today announced it has received $40 Million in LP commitments with the first close of its debut fund. New investors in the first close include J.P. Morgan Asset […]

Funnel Raises $36M Series B to Help Apartment Operators Stop Managing Renters with Property Management Software

Funding, led by RET Ventures alongside industry leaders, supports Funnel’s disruption of legacy property management sector with new renter-centric resident solutions to remove operational barriers and enable centralized leasing operations across portfolios TAMPA, Fla.–(BUSINESS WIRE)–Funnel Leasing, the only renter-centric leasing platform, today announced the completion of a $36.5-million Series B raise that will transform the […]

Frankie the Dinosaur Goes Viral: UNDP’s “Don’t Choose Extinction” Campaign to End Fossil Fuel Subsidies Reaches 1.5 Billion on Social Media

The launch film was viewed 800 million times in 38 languages and received media coverage across 98 countries NEW YORK–(BUSINESS WIRE)–When Frankie the Dinosaur unexpectedly entered the historic UN General Assembly Hall and addressed global delegates he had a simple message for humanity, “Don’t Choose Extinction”. The address, which was captured in a short film […]

The Bancorp Commercial Lending Announces National Loan Program for the Funeral Home Industry

In partnership with Homesteaders Life Company, The Bancorp will offer a new lending program specified for funeral businesses WILMINGTON, Del.–(BUSINESS WIRE)–#TheBancorp—The Bancorp Bank, the wholly-owned banking subsidiary of The Bancorp, Inc. (NASDAQ: TBBK), is pleased to announce its newly established Conventional Loan Program for the funeral industry, provided through its Commercial Lending business. In partnership […]

EML Launches A Radically Simple Digital Payout Platform – Seamless

EML Seamless ushers in the end to dissatisfied customers for businesses across the U.S. KANSAS CITY, Missouri–(BUSINESS WIRE)–EML Payments’ (ASX: EML) (S&P/ASX 200) Seamless platform offers a timely solution to companies grappling with complex or outdated payout processes in favor of a simple, secure and instant alternative. Seamless’ payout choices enhance the customer experience with […]

EasyWorkforce and Clair Partner to Bring Digital On-Demand Paychecks to Thousands More Employees

NEW YORK–(BUSINESS WIRE)–#earnedwageaccess—EasyWorkforce, the unified workforce management platform for companies of any size, and Clair, a leading provider of on-demand pay as a service, today announced a partnership to bring earned-wage access to all EasyWorkforce customers and their employees. EasyWorkforce employs state-of-the-art tools and innovative technology that make it as smart as it is flexible […]

Quadrant Knowledge Solutions Recognizes Majesco as a Technology Leader in their SPARK Matrix™: Life Insurance Policy Administrative System, 2021

MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that it has been recognized as a Technology Leader in Quadrant Knowledge Solutions “SPARK Matrix™: Life Insurance Policy Administration System, 2021”. The Quadrant Knowledge Solutions SPARK Matrix™ includes a detailed analysis of global Life Insurance Policy Administration System […]

U.S. Bank Partners With Microsoft to Accelerate the Future of Banking With Cloud Computing

Companies join forces to drive U.S. Bank’s transformation to the cloud with Microsoft Azure, build foundation for new experiences for customers and employees MINNEAPOLIS–(BUSINESS WIRE)–U.S. Bank today announced a substantial investment in modernizing its technology foundation through the selection of Microsoft Azure as its primary cloud provider for U.S. Bank applications. Powering the majority of […]

PEAK6 Joins the Pyth Network to Bring Digital Asset Market Data On-Chain

CHICAGO–(BUSINESS WIRE)–PEAK6 (or the “Company”), a financial technology business, today announced its crypto trading business has joined the Pyth network, a next-generation oracle platform designed to provide trusted and verifiable market data to decentralized applications. Through its new crypto business, PEAK6 will provide real-time cryptocurrency data to the Pyth network. The Pyth network is a […]

CIBC Innovation Banking Provides Financing Solutions to Graphite Ventures

TORONTO–(BUSINESS WIRE)–CIBC Innovation Banking is pleased to announce it has provided financing solutions, including a capital call line of credit, to Graphite Ventures (Graphite), a $100-million fund focused on seed-stage investments and extensions, through to the rights for Series A rounds. The capital call facility provides Graphite with the flexibility to make investments in portfolio […]

KDDI Uses Wind River Studio for O-RAN–Compliant 5G Virtualized Base Station

Wind River Studio has been launched in KDDI’s commercial network ALAMEDA, Calif.–(BUSINESS WIRE)–#5G—Wind River®, a global leader in delivering software for mission-critical intelligent systems, today announced that KDDI Corporation (KDDI) has used Wind River Studio for its O-RAN–compliant 5G stand-alone virtualized base station technology, which has recently launched on its commercial network. “5G opens up […]

Citcon Expands Customer Payment Options for Restaurant Self-Serve Kiosks With ABCPOS Integration

Integrated Payment Gateway Enables Seamless Transactions with PayPal, Venmo, and Dozens of Alternate Payment Methods at the Point-of-Sale SAN JOSE, Calif. & NEW YORK–(BUSINESS WIRE)–Citcon, the leading mobile wallet payment provider enabling global commerce at scale, today announced a new payment technology integration with Abacus Business Computer (ABCPOS), an integrated merchant services company serving the […]

iCapital® Leads Industry Consortium to Develop Distributed Ledger-Based Enhancements for the Alternative Investment Ecosystem

Apollo, BlackRock, Blackstone, BNY Mellon, Carlyle, KKR, Morgan Stanley, State Street, UBS, and WestCap join to leverage distributed ledger technology for next generation alternative processing and digital solutions iCapital expects additional prominent partners will join initiative to develop technology model streamlining data sharing NEW YORK–(BUSINESS WIRE)–#AssetManagement—iCapital,1 the leading global fintech platform driving access and efficiency […]

Avanse Financial Services Goes Live With Scienaptic’s AI-Powered Credit Decisioning Platform

NEW YORK & BANGALORE, India–(BUSINESS WIRE)–#AI–Leading AI-powered credit decisioning disruptor, Scienaptic AI announced that Avanse Financial Services has completed implementation and is now live on its platform. The implementation will enable Avanse to automate its loan decisioning to offer seamless education financing to students. Avanse Financial Services Limited is a new age, technologically advanced, education-focused […]

TradeZero Announces Regulatory Approval for Retail Equity and Options Trading in Canada

BROOKLYN, N.Y. & OAKVILLE, Ontario–(BUSINESS WIRE)–TradeZero Holding Corp. (“TradeZero”), which operates broker-dealer subsidiaries that provide next-generation online trading platforms for active retail traders, announced that TradeZero’s Canadian subsidiary, TradeZero Securities Canada ULC (www.tradezero.ca), was admitted as a dealer-member of the Investment Industry Regulatory Organization of Canada and is approved to offer equity and options trading […]

Community Spirit Bank Selects CSI to Integrate Multiple Technologies into NuPoint® Core Platform

PADUCAH, Ky.–(BUSINESS WIRE)–Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, announced that Red Bay, Alabama-based Community Spirit Bank has selected its NuPoint® core platform to consolidate banking technology into a single platform that will enhance customers’ banking experience and improve back-office operations. Community Spirit Bank, which has five branches […]

True Wind Capital Makes Growth Investment in Sterling Capital Brokers, A Leading Canadian Tech-Enabled Benefit Consulting Platform

Partnership Will Enable Sterling to Accelerate Growth Initiatives and Invest in Innovation SAN FRANCISCO & TORONTO–(BUSINESS WIRE)–True Wind Capital (“True Wind”), a San Francisco-based private equity firm focused on investing in leading technology companies, today announced a significant growth investment in Sterling Capital Brokers (“Sterling”), one of Canada’s leading independent benefit consulting firms that provides […]

SmartBiz Named Top Small Business Lending Platform

SAN FRANCISCO–(BUSINESS WIRE)–SmartBiz Loans, the leading AI-powered financing platform for small businesses, was named the Top Small Business Lending Platform by LendIt Fintech. SmartBiz earned the distinction for its role in helping lenders keep “the economy running through successful loan performance, volume, growth, product diversity, and innovation.” The annual award category took on outsized importance […]

SoFi Technologies, Inc. Announces Agreement to Acquire Technisys

Acquisition Accelerates SoFi’s Development of a Unique Full-Stack, Multi-Product, Digital Banking Technology Platform Offering Best-of-Breed Financial Products and Services SAN FRANCISCO–(BUSINESS WIRE)–$SOFI–SoFi Technologies, Inc. (NASDAQ: SOFI), (“SoFi”), the digital personal finance company, today announced that it has entered into a definitive merger agreement (the “Merger Agreement”) to acquire Technisys, a leading cloud-native, digital multi-product core […]

ACI Worldwide to Drive Payments Modernization for South Africa’s Nedbank

Leading South African Bank to utilize ACI’s award-winning ACI Enterprise Payments Platform ACI Low-Value Real-Time Payments will enable Nedbank to offer real-time mobile payments to its customers MIAMI & LONDON–(BUSINESS WIRE)–#ACI—ACI Worldwide (NASDAQ: ACIW), the global leader in mission-critical, real-time payments software, today announced a partnership with one of South Africa’s leading financial services providers, […]

U GRO Capital Goes Live on Scienaptic’s AI-Powered Credit Underwriting Platform

U GRO to leverage platform’s Early Warning Predictions NEW YORK & BANGALORE, India–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider, Scienaptic AI announced today that U GRO Capital, an Indian listed MSME lending fintech company, is now live on its platform. This collaboration will facilitate better early warning signal mechanism for credit underwriting and enhance […]

Epos Now Taps Prelim to Augment Online Operations for Enhanced Digital POS Experience

SAN FRANCISCO–(BUSINESS WIRE)–Prelim, a fintech provider optimizing digital banking experiences for financial institutions, announced its newest partnership with Epos Now, a global software and payments technology company that specializes in digital Point of Sale systems (POS). Prelim’s flexible low code solution will allow Epos Now to offer an enhanced digital experience, simplifying financial services onboarding […]

ACI Worldwide Recognized in Aite Matrix: Biller Direct EBPP Solutions

ACI Speedpay achieves best-in-class ranking for client strength—for size and diversity of client base and strong client retention MIAMI–(BUSINESS WIRE)–#ACI—ACI Worldwide (NASDAQ: ACIW), the global leader in mission-critical, real-time payments software, today announced it has been recognized in Aite-Novarica Group’s “2021 Aite Matrix: Biller Direct EBPP Solutions” landscape report. The company secured the market’s top […]

Unboxed and Assurely Partner to Offer Sneaker Industry Insurance Protection for Sneaker Collectors

Creates opportunity to protect Sneakerheads from fake products, theft, and damage. CHANTILLY, Va.–(BUSINESS WIRE)–#kicks–Responding to the increasing need to protect sneakerheads in the collectibles market, Unboxed announced today its partnership with Assurely to launch an insurance solution designed to insure sneaker collections for Unboxed members. “This partnership gets us one step closer to launching the […]

Bagatelle International Enters Into a Licensing Agreement with kathy ireland® Worldwide

NEW YORK–(BUSINESS WIRE)–Global manufacturer and wholesaler Bagatelle International is entering into a multi-year licensing agreement with kathy ireland® Worldwide (kiWW®), the highest ranking woman-owned licensing business in American history. Under this new agreement, Kathy and her creative team at kiWW® will design and collaborate with the Bagatelle creative team on the kathy ireland® collection. Kathy […]

Assurely: Advancement of the TigerMark D&O Insurance Program to Meet the Explosive Growth of the Capital Raising Industry

AUSTIN, Texas–(BUSINESS WIRE)–Assurely, an established leader in InsurTech, announced their recently expanded data-driven TigerMark™ Directors and Officers Liability (D&O) insurance program. Adapted for the changes in the capital-raising industry, TigerMark is the only insurance program that properly insures private companies and projects raising capital using Reg A, Reg CF, or Reg506(c) exemptions. TigerMark has powerful […]

Razer Offers Gamers More Ways to Redeem Razer Silver With the Newly Launched RazerStore Rewards Program

IRVINE, Calif.–(BUSINESS WIRE)–#gaming–Today, Razer, the world’s leading lifestyle brand for gamers (Hong Kong Stock Code: 1337), launched the RazerStore Rewards program, which offers gamers even more opportunities to earn Razer Silver with every purchase at Razer.com or any of the RazerStores around the world*. Razer Silver is Razer’s loyalty rewards program designed for gamers worldwide. […]

Encantos and SUMA Wealth Announce Strategic Partnership to Bring NFTs to the Latinx Community

The first NFT for the SUMA community will be from Latina artist Susie Jaramillo and her Canticos NFT collection CULVER CITY, Calif.–(BUSINESS WIRE)–Encantos, the web3 platform empowering creators who help kids learn, has entered into a partnership with SUMA Wealth to bring non-fungible tokens (NFTs) to the Latinx community. SUMA Wealth, the leading financial technology […]

FINEOS Announces Strong Adoption in 2021 of Updated Purpose-Built FINEOS Platform Among Tier-1&2 Employee Benefits Insurance Carrier Clients

FINEOS experienced exceptional global client digital transformation momentum in 2021 with the purpose-built FINEOS Platform: FINEOS clients completed 15 new installations/major version upgrades, 80+ minor version upgrades and 8 new cloud SaaS implementations ATLANTA–(BUSINESS WIRE)–#digitaltransformation–In 2021, the FINEOS Corporation (ASX:FCL) continued to display its dominance in the global life, accident and health insurance market by […]

Attivo Networks Honors its Global Partners in Cybersecurity Innovation with its Annual Excellence Awards

FREMONT, Calif.–(BUSINESS WIRE)–#AttivoNetworks—Attivo Networks®, the experts in identity security and lateral movement attack prevention, today announced recipients of its second annual Excellence Awards, which recognize global partners delivering innovative, effective, and comprehensive cybersecurity solutions for their customers. Culminating in seven categories, the partner Excellence Awards recognize Attivo Networks’ international partners in Latin America (LATAM), Middle […]