Author : Business Wire

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Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Public relations, investor relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia. Founded in 1961, Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented NX network. Business Wire’s global newsrooms are available to meet the needs of communications professionals and news media worldwide.

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

Business Wire
by Business Wire0
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......

Lendbuzz Completes $262 Million Asset-Backed Securitization

Business Wire
by Business Wire0
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

Business Wire
by Business Wire0
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

Business Wire
by Business Wire0
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

Business Wire
by Business Wire0
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

Business Wire
by Business Wire0
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

Business Wire
by Business Wire0
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,......

Arteria AI Launches New Research Arm to Further Advancements in AI Technologies for Financial Services Documentation

Business Wire
by Business Wire0
Award-winning enterprise digital documentation infrastructure leader Arteria AI is thrilled to announce the creation of Arteria Café, a dedicated research arm focused on advancing generative and agentic artificial intelligence technologies in financial services documentation use cases. The future of AI is vertical. This strategic initiative underscores Arteria AI’s commitment to pushing the......

REPAY and Worth Partner for KYB and Underwriting Tools to Speed Merchant Onboarding and Vendor Enrollment

Business Wire
by Business Wire0
REPAY, a leading provider of vertically-integrated payment solutions, today announced a strategic integration with Worth, the all-in-one fintech platform for underwriting and onboarding workflow automation. REPAY’s integration with the Worth platform will enable faster merchant onboarding and high-volume AP vendor enrollments, leveraging Worth’s 1,100-plus data points for precise, transparent and......

Options Announces Promotion of Michelle Kendell to Vice President and Managing Director of Hong Kong

Business Wire
by Business Wire0
Options Technology (Options), a leading provider of cloud-enabled managed services to the global capital markets, is pleased to announce the promotion of Michelle Kendell to Vice President and Managing Director of Hong Kong. Michelle will lead the company’s operations in Hong Kong in her new role. “I am honoured to......
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