Targets comfortably achievedPerformance expected to continue improving in 2022 Strong growth in 2021: revenue up 9.8%. Organic revenue growth1 was 6.4%. More than 10,600 new hires, thus reaching the same level as in 2019 Operating margin on business activity improved by 1.1 points to 8.1% Net profit attributable to the Group of €187.7m, up 75.8% […]
Acquisition aims to better serve small B2B businesses struggling to manage cash flow, provide trade credit to buyers OVERLAND PARK, Kan.–(BUSINESS WIRE)–TreviPay, a global financial technology company, today announced its acquisition of BATON Financial Services, Inc. (“Baton”), a technology company which has built a unique, innovative B2B invoice payments network. To meet the trade credit […]
Perpetual lending platform embeds AI-driven credit scores, expands consumer access to affordable credit SANTA ROSA, Calif.–(BUSINESS WIRE)–CuneXus, the first and only digital storefront for financial institutions’ account holders, today announced a strategic partnership with Zest AI, the leader in software for more inclusive underwriting, improving consumer access to affordable lines of credit. The CuneXus platform […]
MILAN–(BUSINESS WIRE)–A great international recognition arrives for Aesthetes, the project born to create a link between the world of physical art and blockchain, thanks to the first NFT based on physical artworks. The Italian startup is the winner of the XRPL Grant, the program funded by Ripple – Fintech Decacorn based in San Francisco – […]
PORTLAND, Ore.–(BUSINESS WIRE)–#PoweredbySila—Sila Inc., a fintech software platform that provides payment infrastructure as a service, today announced that it partnered with dash.fi, a vertical fintech company serving the multi-million digital advertising industry, to create the first charge card purpose-built for advertisers. Close to $500 billion dollars are currently spent on digital ads globally every year. […]
Global issuer processor joins with developer of next-gen financial app to create integrated financial platform REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a leading provider of digital payment and banking technology, today announced its strategic relationship with Swell Financial Inc., Colorado-based developer of the Swell App, which will include features to automatically control spending, tackle debt, and […]
What’s the News: At MWC Barcelona 2022, iconectiv will share examples of successful industry initiatives and technologies that are restoring consumer trust in voice calls and text messaging, which is paramount to helping ensure the success of enterprise digital transformation. Why it Matters: Rebuilding consumer trust in voice calls and text messages — after years […]
SAN FRANCISCO–(BUSINESS WIRE)–#AbhishekKumar–Giift, a leading provider of loyalty management solutions around the globe, backed by Apis Growth Fund II, a private equity fund managed by Apis Partners LLP, announced today that it has acquired a significant strategic interest in Xoxoday, a fintech disruptor in the rewards, incentives and payout space. The partnership included both primary […]
t-minus10 offers an intuitive “live banking environment,” allowing builders to test their apps with real money in a few hours SAN FRANCISCO–(BUSINESS WIRE)–Synctera, a platform provider powering the future of FinTech innovation, today goes live with t-minus10: the fastest, most complete way in the industry to build, test, and launch a FinTech application. t-minus10 is […]
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. […]
– 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’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 […]
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 […]
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 […]
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 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 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 […]
