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.

Cedar Money Raises $9.9 Million Seed Round Led by QED Investors to Enable Cross-Border Stablecoin Payments

Business Wire
Payments software utilizes modern rails to transform outdated money flows between emerging and developed markets Cedar Money, a payments company that enables seamless cross-border money movement on stablecoins, announced today a $9.9 million seed round led by QED Investors, with participation from North Island Ventures, Wischoff Ventures, Lattice, and Stellar.......

AstroPay Continues Global Expansion With Payment Institution License for Multicurrency Wallet in Brazil

Business Wire
AstroPay, a global leader in digital financial solutions, is redefining financial connectivity in Brazil with its strategic expansion and acquiring a coveted Payment Institution (PI) license issued by the Central Bank of Brazil. This license is from the Central Bank of Brazil, underscoring AstroPay’s commitment to delivering secure, compliant, and......

Runa Expands Instant Payouts Into India, Offering Simplified Cross-Border Transactions

Business Wire
Global payouts network, Runa, taps into India’s $8.9 billion digital gift card market, streamlining B2C payments for businesses worldwide Runa, the leading global fintech infrastructure for the next generation of payouts experiences, today announced its expansion into India, opening access to the country’s $8.9 billion gift card market. With this......

New FICO Survey: 69% of Canadian Consumers Want Banks to Protect Against Scams During Real-Time Payment Transactions

Business Wire
Survey showcases how banks can address consumer expectations with better fraud detection systems, real-time communications, and personalized customer experience Global analytics software leader FICO released a new survey on consumers’ increased use of real-time-payments (RTP) equating to a higher number of reported scams threats and an increase in fraud losses.......

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......

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

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

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

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

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......
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