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PayPal Ventures, Synchrony, Amex Ventures and Okta Ventures Back Frictionless Checkout Provider, Skipify
Skipify, a leader in Frictionless Commerce that enables instant checkout on merchant websites and marketing channels, announced a strategic investment round from PayPal Ventures, Synchrony, Amex Ventures and Okta Ventures. This round, in addition to the recent Series A co-led by Flourish Ventures and Point72 Ventures, follows Skipify’s partnership with Google to enable shopping and interactive features inside the email channel.
i2c and Swell Team Up to Enable Next Generation Financial Products
i2c Inc., a leading provider of digital payment and banking technology, 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 more.
Navigator Credit Union Chooses Lumin Digital to Provide Digital Banking Services
Lumin Digital, a PSCU company, announced that Navigator Credit Union (Navigator) has signed a multi-year agreement for Lumin Digital’s cloud-native platform for online and mobile digital banking solutions. Lumin Digital will support over 45,000 Navigator members when the credit union goes live on its platform in August 2022.
SambaNova Launches GPT-Powered AI Purpose-Built for Financial Services Industry
SambaNova Systems, the company delivering the industry’s only comprehensive software, hardware, and solutions platform to run AI and Deep Learning applications, announces SambaNova GPT Banking, the first solution purpose-built for the financial services industry, enabling banks to create clear market separation in AI by jump-starting their deep learning language capabilities in weeks, not years.
Niyo Raises US $100 Million in Series C Round Led by Accel and Lightrock
Niyo, the consumer neo-banking platform, has raised $100 million in its Series C round of funding. The company will be using the funds to accelerate its mission to transform banking in India, and to provide convenient and hassle-free financial services to digital native customers.
