Month : January 2025

Anchor Lands $20 Million in Series A Funding to Eliminate Invoicing and Payment Inefficiencies for Small to Medium Accounting Firms
Finance Fintech Investments News

Anchor Lands $20 Million in Series A Funding to Eliminate Invoicing and Payment Inefficiencies for Small to Medium Accounting Firms

PR Newswire
Anchor offers a specialized, Autonomous Billing & Collections platform, completely automating the accounts receivable process by reinventing proposals and agreement management. With Anchor, companies find their profits increased by over 30%, revenue loss reduced from over 5% to under 1%, and the time to sign an agreement decreased from over 45 days to less......
Fiscalix Launches SARAH, an AI Audit Manager to Revolutionize Auditing with AI
Artificial Intelligence Commerce Compliance management Digital Payments Finance Fintech Fintech Primers Investments Markets News Payment gateways Property Recommended Stock Market Technology

Fiscalix Launches SARAH, an AI Audit Manager to Revolutionize Auditing with AI

PR Newswire
~Fiscalix is backed by Aistra Inc., an AI adoption company which builds products & solutions that ‘Makes AI Work’ for a variety of businesses.~ Fiscalix, a subsidiary of Aistra and a leader in AI-driven solutions, announces the global launch of SARAH, an AI Audit Manager designed to transform the audit landscape. SARAH......
Syntax Data to Deliver Index Universe for New SmartTrust Power Solutions Trust
Finance Fintech News

Syntax Data to Deliver Index Universe for New SmartTrust Power Solutions Trust

Business Wire
Syntax Data, a leader in innovative financial data solutions, is proud to announce the expansion of its partnership with SmartTrust, a leading provider of Unit Investment Trusts (UITs). The SmartTrust® Power Solutions Trust tracks the Syntax Power Solutions Index, which holds US-listed companies involved in solar, wind, nuclear, and natural......
Artificial Intelligence Blockchain Digital Payments Featured Finance Fintech Security

Future of Financial Disbursements: Integrating AI for Personalized Payment Solutions

Fintech Staff Writer
One of the most exciting developments in the financial world is the integration of Artificial Intelligence (AI) into payment systems, paving the way for personalized solutions tailored to individual needs. This innovation not only enhances convenience but also improves efficiency, security, and accessibility in financial transactions. The future of financial......
Lendbuzz Completes $262 Million Asset-Backed Securitization
Artificial Intelligence Finance Fintech Lending News

Lendbuzz Completes $262 Million Asset-Backed Securitization

Business Wire
Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed a $262 million securitization (“LBZZ 2025-1”) collateralized by a pool of auto loans made to obligors and secured by new and used automobiles, light duty trucks, and......
Finout Cements FinOps Leadership with $40M Series C as Category Goes Mainstream
Commerce Digital Payments Finance Fintech Fintech Primers Investments Markets News Payment gateways Property Recommended Stock Market Technology

Finout Cements FinOps Leadership with $40M Series C as Category Goes Mainstream

Business Wire
Revenue surge and rapid growth underscore growing enterprise demand for a modern FinOps platform Finout, the leading FinOps-for-enterprise platform, announced a $40 million Series C funding round led by global software investor Insight Partners, with participation from Pitango, Team8, Red Dot Capital, and Maor Investments. This investment brings Finout’s total......
Lithic and Veritex Community Bank Announce Strategic Partnership to Expand Credit-Based Financial Solutions
Banking Finance Fintech Investments News

Lithic and Veritex Community Bank Announce Strategic Partnership to Expand Credit-Based Financial Solutions

Business Wire
Lithic, a leading financial technology platform known for powering growth businesses with bespoke card solutions and seamless money movement, today announced a strategic partnership with Veritex Community Bank, one of Texas’s top 10 largest banks. This collaboration enables Lithic to empower businesses looking to build commercial credit products with greater......
IDB Bank Partners with ThetaRay, Strengthening its Financial Crime Compliance with Cognitive AI Solution
Banking Commerce Digital Payments Finance Fintech Fintech Primers Investments Markets News Payment gateways Property Recommended Stock Market Technology

IDB Bank Partners with ThetaRay, Strengthening its Financial Crime Compliance with Cognitive AI Solution

Business Wire
ThetaRay and IDB Bank announce a collaboration towards implementing ThetaRay’s state-of-the-art Transaction Monitoring solution. ThetaRay, a global leader in Cognitive AI Financial Crime Compliance and IDB Bank, a New York-based private and commercial bank, have announced a strategic partnership. The collaboration underscores the Bank’s dedication to maintaining the highest standards......
OneVest Secures $20 Million in Series B Funding Led by Salesforce Ventures to Revolutionize Wealth Management
Commerce Digital Payments Finance Fintech Fintech Primers Investments Markets News Payment gateways Property Recommended Stock Market Technology

OneVest Secures $20 Million in Series B Funding Led by Salesforce Ventures to Revolutionize Wealth Management

Business Wire
OneVest, a comprehensive wealth management technology platform, announced the closure of a $20 million USD Series B equity funding round. The round was led by Salesforce Ventures, with participation from new investors, Allianz Life Ventures and TIAA Ventures. Returning investors include OMERS Ventures, Deloitte Ventures, Fin Capital, Luge Capital, and......
Momnt Extends Lending Platform with Merchants, Expands Partnerships
Digital Payments Finance Fintech Investments News

Momnt Extends Lending Platform with Merchants, Expands Partnerships

Business Wire
The company celebrates executive team growth, increased lending opportunities, and local recognition for continued innovation in 2024 Momnt, a leading fintech company specializing in real-time lending and payment solutions, celebrates another successful year of business growth and deepened relationships with partners and merchants. Notably, in 2024, Momnt named Chris Bracken,......
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