Techwire

CIBC Innovation Banking Provides £40 Million Growth Financing to Fintech Company Smart to Accelerate Growth and Acquisitions thumbnail

CIBC Innovation Banking Provides £40 Million Growth Financing to Fintech Company Smart to Accelerate Growth and Acquisitions

LONDON–(BUSINESS WIRE)–CIBC Innovation Banking is pleased to announce £40 million of growth financing for London-based Smart, a leading retirement technology provider. Smart will use the capital to expand its market growth, accelerate the launch of strategic products, and undertake acquisitions. Smart launched in 2015 with the goal of making pension auto-enrolment and administration simple for […]

Moove Closes R300 Million Financing from Absa thumbnail

Moove Closes R300 Million Financing from Absa

World’s First Mobility Fintech Furthers Sub-Saharan Expansion As Total Funding Reaches Over $200mn Moove, the world’s first mobility fintech, has secured a financing facility totalling R300 million (US$20 million) from Absa Corporate and Investment Banking, making this the first bank relationship for the two-year old company. Since first launching in South Africa during Q4 2021, […]

Golf ace Ian Poulter teams up with OKX thumbnail

Golf ace Ian Poulter teams up with OKX

Golfer Ian Poulter Golfer Ian Poulter has been named an ambassador to crypto platform OKX Poulter will be announced as an ambassador at this week’s Open Championship, where he will wear OKX-branded attire Fans will be able to follow along as Poulter embarks on his own informative ‘crypto investment journey’ VICTORIA, Seychelles, July 14, 2022 […]

Tech Success Story VGW Partners With Featurespace thumbnail

Tech Success Story VGW Partners With Featurespace

Featurespace to provide VGW with cloud-based secure solution; Partnership will protect gamers while reducing friction SINGAPORE–(BUSINESS WIRE)–Fast-growing technology company VGW has partnered with Featurespace to embed a world-leading fraud solution on its platform. Featurespace will deploy the ARIC™ Risk Hub as cloud-based Software as a Service (SaaS) to VGW, a creator of market-leading online social […]

Flywire Announces Acquisition of Cohort Go to Accelerate Growth with International Education Agents thumbnail

Flywire Announces Acquisition of Cohort Go to Accelerate Growth with International Education Agents

Acquisition extends Flywire’s footprint with education agents and accelerates company’s investment in product and payment innovation for international students BOSTON and BRISBANE, Australia, July 13, 2022 (GLOBE NEWSWIRE) — Today, Flywire Corporation (Flywire) (Nasdaq: FLYW), a global payments enablement and software company, announced that it has completed the acquisition of Cohort Go, an international education payments […]

Live Oak Bancshares, Inc. Announces Date of Second Quarter 2022 Financial Results thumbnail

Live Oak Bancshares, Inc. Announces Date of Second Quarter 2022 Financial Results

WILMINGTON, N.C., July 13, 2022 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (“Live Oak”) (Nasdaq: LOB) today announced that it will report its second quarter 2022 financial results after U.S. financial markets close on Wednesday, July 27, 2022. In conjunction with this announcement, Live Oak will host a conference call to discuss the company’s financial results and business outlook on Thursday, […]

Q2 Announces 2022 Environmental, Social and Corporate Governance (ESG) Report thumbnail

Q2 Announces 2022 Environmental, Social and Corporate Governance (ESG) Report

The second annual report highlights how Q2 is fulfilling its mission, building a culture for positive change and addressing ESG opportunities AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today released its second annual Environmental, Social, and Governance (ESG) report. The report highlights how the […]

Velocity’s Consumer Liquidity Engine™ Selected as a Finalist in NAFCU’s 2022 Innovation Awards thumbnail

Velocity’s Consumer Liquidity Engine™ Selected as a Finalist in NAFCU’s 2022 Innovation Awards

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–#ConsumerLiquidityEngine–Velocity Solutions announces that its Consumer Liquidity Engine™ has been selected as a finalist in NAFCU’s 2022 Innovation Awards. The Innovation Awards is an annual program presented by NAFCU Services that honors the transformational and valuable contributions to the credit union industry. All entries are evaluated by a panel of top executives […]

Here, Top Vacation Rental Investment Marketplace, Raises $5M to Expand into 20 New Destinations thumbnail

Here, Top Vacation Rental Investment Marketplace, Raises $5M to Expand into 20 New Destinations

The platform that makes investing in vacation rentals as accessible as investing in the stock market has increased demand by over 300% in Q1 2022 MIAMI–(BUSINESS WIRE)–Here, the top fractional investment platform that operates at the nexus of hospitality and real estate, announced today that it has raised a $5M seed round led by Fiat […]

Bregal Sagemount Announces Strategic Growth Investment in BuildingLink thumbnail

Bregal Sagemount Announces Strategic Growth Investment in BuildingLink

NEW YORK–(BUSINESS WIRE)–Bregal Sagemount (“Sagemount”), a leading growth-focused private equity firm, today announced a strategic growth investment in BuildingLink, a leading provider of operations and resident engagement software for luxury residential properties worldwide. Financial terms of the transaction were not disclosed. Headquartered in New York City, BuildingLink provides property managers with the tools to optimize […]

Distributed Ventures Leads $6 Million Seed Series Investment in Posterity Health, the Industry’s First Digital Male Fertility Center of Excellence thumbnail

Distributed Ventures Leads $6 Million Seed Series Investment in Posterity Health, the Industry’s First Digital Male Fertility Center of Excellence

Posterity Health provides a unique male infertility-focused approach for couples during their family building journey NEW YORK–(BUSINESS WIRE)–Distributed Ventures, an early-stage venture capital firm specializing in Insurtech, Healthtech and Fintech investments, announced today it has led a $6 million Seed Series investment in Posterity Health, the only digital male fertility center of excellence that offers […]

DriveWealth Global Investor Study: Millennials Move Beyond Meme Stocks, Demand More Choices as Trading Remained High Despite Market Lows thumbnail

DriveWealth Global Investor Study: Millennials Move Beyond Meme Stocks, Demand More Choices as Trading Remained High Despite Market Lows

Younger investors with smaller pockets are driving greater influence over the investment technology ecosystem JERSEY CITY, N.J.–(BUSINESS WIRE)–DriveWealth, LLC, a global fintech investment rail and pioneer in fractional investing, today released its new DriveTrends study, “The Year of The Millennial Trader: Trading Remained Trendy Despite Market Uncertainty,” a closer look at how the first prolonged […]

Contact Center Analytics Market To Garner USD 4,365.4 Million Globally, by 2029 at a CAGR of 17.25 | Data Bridge Market Research thumbnail

Contact Center Analytics Market To Garner USD 4,365.4 Million Globally, by 2029 at a CAGR of 17.25 | Data Bridge Market Research

The rise in the need for speech and text analytics is further anticipated to propel the growth of the contact center analytics market NEW YORK, USA, July 13, 2022 (GLOBE NEWSWIRE) — Data Bridge Market research has recently released expansive research titled “Global Contact Center Analytics Market” guarantees you will remain better informed than your […]

Argyle and DigiSure Partner to Supercharge Screening and Risk Assessments for Gig Drivers thumbnail

Argyle and DigiSure Partner to Supercharge Screening and Risk Assessments for Gig Drivers

NEW YORK, July 13, 2022 (GLOBE NEWSWIRE) — Argyle, the leading employment data platform, today announced its partnership with Protection-as-a-Service provider DigiSure. Through this partnership, Argyle and DigiSure enable vehicle rental and subscription platforms to screen new customers with one turnkey solution that takes advantage of the availability of historical employment data to lower risk, […]

DataVisor Selected for AIFinTech100 2022 thumbnail

DataVisor Selected for AIFinTech100 2022

Prestigious award underscores DataVisor’s innovation and market leadership in fraud and risk management MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–#AI—DataVisor, the market leader in fraud and risk management, announced today that it has been included on FinTech Global’s second annual AIFinTech100, a prestigious ranking that recognizes and highlights the world’s most innovative FinTech solution providers. Organizations selected for […]

IQST – iQSTEL CEO Highlights Progress Specifics On Plan To Meet Or Exceed $90 Million Net Income Positive 2022 Revenue Forecast thumbnail

IQST – iQSTEL CEO Highlights Progress Specifics On Plan To Meet Or Exceed $90 Million Net Income Positive 2022 Revenue Forecast

New York, NY, July 13, 2022 (GLOBE NEWSWIRE) — iQSTEL, Inc. (OTCQX: IQST) today published a letter to shareholders from CEO Leandro Iglesias providing the latest updates on the company’s continued progress to meet or exceed its $90 million, net income positive, revenue forecast for 2022.  The letter is included in its entirety below: Dear […]

CSOP USD Money Market Fund to Launch in Singapore thumbnail

CSOP USD Money Market Fund to Launch in Singapore

SINGAPORE–(BUSINESS WIRE)–CSOP Asset Management (“CSOP”) will launch its third public fund in Singapore on 13 July 2022 and the initial offer period has started on 5 July 2022. Initially launched through retail distribution platform Moomoo Financial Singapore Pte. Ltd., a leading online broker in Singapore and Hong Kong, CSOP USD Money Market Fund will invest […]

Personetics provide personalized insights to regional bank customers partners with Japan’s leading innovator in digital banking, iBank thumbnail

Personetics provide personalized insights to regional bank customers partners with Japan’s leading innovator in digital banking, iBank

Personetics’ financial data-driven customer engagement platform will help create a more digitalized banking experience for iBank’s regional bank partners FUKUOKA, Japan–(BUSINESS WIRE)–Personetics, the leading global provider of financial data-driven personalization and customer engagement solutions for financial institutions, today announced a new partnership with iBank Marketing Co., Ltd., a subsidiary of Fukuoka Financial Group and widely […]

Sinch report reveals consumers want better ways to get real-time financial services and connect with their bank thumbnail

Sinch report reveals consumers want better ways to get real-time financial services and connect with their bank

Bank to the Future–PR-thumbnail Bank to the Future One in three under 40 switch banks to get a better mobile experience as customers want more personalized two-way interaction STOCKHOLM, Sweden, and ATLANTA — July 13, 2022 — Consumers want far more personalized mobile banking experiences that make it easy for them to get real time […]

Smart Launches Keystone – a New Technology Platform to Solve the Global Retirement Problem thumbnail

Smart Launches Keystone – a New Technology Platform to Solve the Global Retirement Problem

Leading retirement technology firm launches ‘Keystone by Smart’, a global platform to spur forward the US$62 trillion retirement savings sector Enables financial services organisations and governments to deliver 21st century tech within months, generating radically greater value for millions of savers through workplace pensions More than a million hours and $100s of millions of R&D […]

Root, Inc. Expands Reach with Three New Professional Sports Team Partnerships thumbnail

Root, Inc. Expands Reach with Three New Professional Sports Team Partnerships

Root, Inc. announces three new sports partnerships with the Denver Broncos, the Cleveland Browns, and the Colorado Rockies COLUMBUS, Ohio, July 12, 2022 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, announced partnerships with two National Football League teams and one Major […]

With New Digital Onboarding Enhancements, Schwab Advisor Services Makes it Easier to Open Multiple Client Accounts for Households thumbnail

With New Digital Onboarding Enhancements, Schwab Advisor Services Makes it Easier to Open Multiple Client Accounts for Households

Schwab’s accelerated investment in advisor technology continues to yield new digital tools that help independent advisors pursue growth and increase efficiency WESTLAKE, Texas–(BUSINESS WIRE)–$SCHW #RIAs–Schwab Advisor ServicesTM has introduced new enhancements to its industry-leading digital onboarding capabilities, enabling independent advisors to open and fund up to 10 new client accounts in one “digital envelope,” which […]

Happy Money Harnesses the Power of iHeartMedia’s Platform to Reach the Next Generation of Consumers Looking to “Fund Their Happy” thumbnail

Happy Money Harnesses the Power of iHeartMedia’s Platform to Reach the Next Generation of Consumers Looking to “Fund Their Happy”

Happy Money will accelerate awareness at scale through iHeartMedia, reaching nine out of 10 monthly consumers in the U.S. NEW YORK–(BUSINESS WIRE)–iHeartMedia, the leading audio media company in the U.S. and the No. 1 podcast publisher globally according to Podtrac, and Happy Money, a leading platform for unsecured lending in partnership with credit unions, announced […]

Cross River partners with SmartBiz to Bring Smarter Financing to Small Businesses thumbnail

Cross River partners with SmartBiz to Bring Smarter Financing to Small Businesses

SAN FRANCISCO–(BUSINESS WIRE)–SmartBiz®, the leading AI-powered financing platform for small businesses and Cross River®, a technology-driven financial services organization that provides core infrastructure and embedded financial solutions, today announced a partnership to equip more U.S. small businesses with access to the financing they need to grow. The partnership enables Cross River to leverage SmartBiz’s best-in-class […]

XpressCredit Taps Lokyata’s BankAnalyze to Support Loan Decisioning for Independent Auto Dealers thumbnail

XpressCredit Taps Lokyata’s BankAnalyze to Support Loan Decisioning for Independent Auto Dealers

WASHINGTON–(BUSINESS WIRE)–#autolending—Lokyata, a company focused on delivering products that digitize, automate, and scale lenders’ credit decisions, announced today that XpressCredit™, a fintech that focuses on the small independent auto dealer market, has selected Lokyata’s BankAnalyze solution to help support auto loan decisioning for XpressCredit’s network of thousands of independent auto dealers nationwide. XpressCredit provides auto […]

Bregal Sagemount Announces Strategic Growth Investment in Optima Partners thumbnail

Bregal Sagemount Announces Strategic Growth Investment in Optima Partners

NEW YORK–(BUSINESS WIRE)–Bregal Sagemount (“Sagemount”), a leading growth-focused private equity firm, today announced a strategic growth investment in Optima Partners Holdings (“Optima” or the “Company”), a leading provider of specialized compliance advisory services to the investment management industry in the United States, United Kingdom, and Hong Kong. Headquartered in New York City, Optima provides clients […]

Speedchain – Polygon Partner for Layer-2 B2B Payments thumbnail

Speedchain – Polygon Partner for Layer-2 B2B Payments

ATLANTA–(BUSINESS WIRE)–Speedchain, Inc. a fintech focused on revolutionizing business to business payments via a modern connected data platform, has entered into an agreement with Polygon, a leading blockchain and scaling solution for decentralized systems and applications. The partnership will add capacity to Speedchain’s data and payments platform that has distributed $1.6 Billion in both corporate […]

First Connect Adds Cowbell Cyber Prime 100 to Insurtech Marketplace thumbnail

First Connect Adds Cowbell Cyber Prime 100 to Insurtech Marketplace

Cowbell Cyber helps small and medium-sized enterprises mitigate the risks associated with cybercrimes, ransom attacks, data breaches and more PALO ALTO, Calif.–(BUSINESS WIRE)–First Connect Insurance Services, a digital platform designed to provide independent agents with access to the nation’s top carriers, announced today the addition of Cowbell Cyber, the leading provider of cyber insurance for […]

Global Primex Launches Private, Virtual Payment Platform VLoad with Metropolitan Commercial Bank thumbnail

Global Primex Launches Private, Virtual Payment Platform VLoad with Metropolitan Commercial Bank

VLoad digital payments platform provides industry-leading privacy and security to merchants and consumers MIAMI–(BUSINESS WIRE)–Global Primex, a privacy-first payments company specializing in secure digital payment solutions for merchants and consumers, today announced the launch of its payment platform VLoad in partnership with New York-based Metropolitan Commercial Bank (NYSE: MCB). VLoad is an innovative online payment […]

Lightspeed Raises Over $7 Billion to Fund Early and Growth-Stage Entrepreneurs Around the Globe thumbnail

Lightspeed Raises Over $7 Billion to Fund Early and Growth-Stage Entrepreneurs Around the Globe

Lightspeed Limited Partners lean into new funds, bringing total committed capital under management to over $18B MENLO PARK, Calif.–(BUSINESS WIRE)–Lightspeed Venture Partners (“Lightspeed”) today announced the closing of Lightspeed Venture Partners XIV-A/B, L.P. (“Fund XIV”) with $1.98 billion, Lightspeed Venture Partners Select V, L.P. (“Select Fund V”) with $2.26 billion, and Lightspeed Opportunity Fund II, […]

FICO Scores Remain Most Widely Used in the Securitization Market, Instilling Lender Confidence Despite Inflation Highs and Economic Challenges thumbnail

FICO Scores Remain Most Widely Used in the Securitization Market, Instilling Lender Confidence Despite Inflation Highs and Economic Challenges

Mercator Advisory Group study finds that 97% of asset-backed securitizations rely on FICO® Scores SAN JOSE, Calif.–(BUSINESS WIRE)–Recent research from Mercator Advisory Group, a leading, independent research and advisory services firm exclusively focused on the payments and banking industries, found that asset-backed securitizations (ABS) continue to rely heavily on the FICO® Score as a risk […]

Prepaid Technologies Acquires Workstride, Advancing Its Category-Leading Payments Platform thumbnail

Prepaid Technologies Acquires Workstride, Advancing Its Category-Leading Payments Platform

Acquisition positions company as single vendor, best-of-breed payments and engagement solutions provider BIRMINGHAM, Ala.–(BUSINESS WIRE)–#AreYouIn—Prepaid Technologies, a pioneer in the rapidly growing digital payments solutions market, today announced the acquisition of WorkStride, a leading provider of incentive, employee recognition and rewards programs. The acquisition comes after Prepaid Technologies raised $96M in growth financing from Edison […]

CSI Named One of the Best Places to Work in Illinois and Kentucky thumbnail

CSI Named One of the Best Places to Work in Illinois and Kentucky

PADUCAH, Ky.–(BUSINESS WIRE)–Computer Services, Inc. (CSI) (OTCQX: CSVI), a leading provider of end-to-end fintech and regtech solutions, has been selected as one of the 2022 Best Places to Work in Illinois and Kentucky, ranking 7th and 22nd, respectively, in the large company category. The Best Places to Work in Illinois list is a project of […]

Zeta Expands Leadership Team with Appointment of FIS Veteran Karla Booe as Chief Compliance Officer thumbnail

Zeta Expands Leadership Team with Appointment of FIS Veteran Karla Booe as Chief Compliance Officer

 Accelerates implementations of its next-gen credit processing stack in the US with key hires SAN FRANCISCO–(BUSINESS WIRE)–#Appointment–Zeta, a banking-tech company and provider of next-gen credit card processing, today announced the appointment of Karla Booe as Chief Compliance Officer. Based in Little Rock, Arkansas, Booe will be responsible for driving regulatory compliance programs for Zeta’s US […]

GK8 Updates Its Institutional-grade Digital Asset Management Platform With NEAR Protocol Support thumbnail

GK8 Updates Its Institutional-grade Digital Asset Management Platform With NEAR Protocol Support

The integration empowers institutions using GK8’s platform to launch their own decentralized applications in the bustling NEAR ecosystem TEL AVIV, Israel–(BUSINESS WIRE)–#GK8—GK8, the leading institutional-grade self-managed digital asset custody platform, announces its integration with NEAR Protocol, a leading next-generation blockchain ecosystem. The integration allows GK8 users to enter NEAR’s bustling Web3 network, deploying decentralized solutions […]

Softek Acquires Gentech (H2 FinTech) a Leading Provider of “Command and Control” Services to the Broker-Dealer and RIA Community thumbnail

Softek Acquires Gentech (H2 FinTech) a Leading Provider of “Command and Control” Services to the Broker-Dealer and RIA Community

Acquisition further extends Softek’s services available to Broker-Dealers and RIAs TORONTO & DENVER–(BUSINESS WIRE)–#brokerdealers—Softek, a leading provider of Capital and Credit management solutions, today announced it acquired Gentech (H2 FinTech) formerly part of GWM Holdings Inc. Gentech (H2 FinTech) is an innovative technology and software services firm addressing the day-to-day challenges of RIAs and Independent […]

First Guaranty Bancshares, Inc. Added to Russell 2000 Index thumbnail

First Guaranty Bancshares, Inc. Added to Russell 2000 Index

HAMMOND, La., July 12, 2022 (GLOBE NEWSWIRE) — First Guaranty Bancshares, Inc., holding company of First Guaranty Bank, the Best Small Bank in Louisiana and the U.S., announces that is has been added to the Russell 2000 index at the conclusion of the 2022 Russell indexes annual reconstitution. Annual reconstitution of the Russell indexes captures […]

KlariVis Announces New Relationship With Rio Bank thumbnail

KlariVis Announces New Relationship With Rio Bank

KlariVis – Bring Your Data to Life KlariVis – Bring Your Data to Life ROANOKE, Va., July 12, 2022 (GLOBE NEWSWIRE) — KlariVis, a fast-growing enterprise dashboard and analytics solution for the financial services industry, today announced its new relationship with Rio Bank as a key analytics tool for the bank’s future.  KlariVis compiles and aggregates […]

Forbes Ranks DFCU Financial Best-in-State Credit Union for Fifth Consecutive Year thumbnail

Forbes Ranks DFCU Financial Best-in-State Credit Union for Fifth Consecutive Year

DFCU Financial Earns Forbes Award DFCU Financial Earns Forbes Award DEARBORN, Mich., July 12, 2022 (GLOBE NEWSWIRE) — For the fifth year running, Forbes has ranked DFCU Financial as one of Michigan’s best credit unions. DFCU is the only CU in Michigan to have won this award all five years since its inception. Today, there […]

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