Category : Investments

Octane Appoints Jon Vestal and Kartik Kothari to Executive Vice President Positions
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Octane Appoints Jon Vestal and Kartik Kothari to Executive Vice President Positions

PR Newswire
by PR Newswire0
Company Strengthens its Leadership Team to Supercharge its Continued Momentum Octane, the fintech company revolutionizing the financing experience, announced that it has promoted two executives to Executive Vice President, the first to hold the new title. Both appointments are effective January 1, 2025. Jon Vestal has been named Executive Vice President,......
Cedar Money Raises $9.9 Million Seed Round Led by QED Investors to Enable Cross-Border Stablecoin Payments
Blockchain Cryptocurrency Digital Payments Finance Fintech Investments News

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

Business Wire
by Business Wire0
Payments software utilizes modern rails to transform outdated money flows between emerging and developed markets Cedar Money, a payments company that enables seamless cross-border money movement on stablecoins, announced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.......
Zest-AI-Expands-Credit-Union-Fraud-Protection-Through-Integration-with-Sync1-Systems
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Zest AI Expands Credit Union Fraud Protection Through Integration with Sync1 Systems

PR Newswire
by PR Newswire0
Zest AI, the leader in AI lending technology, announced an expanded partnership with Sync1 Systems, an industry-leading cloud-based Loan Origination System, focused on lending and digital experience. This strategic collaboration provides Sync1 Systems’ customers with access to Zest Protect, Zest AI’s smarter, configurable, and seamless AI application fraud detection tool, to more quickly......
New-FICO-Survey-69%-of-Canadian-Consumers-Want-Banks-to-Protect-Against-Scams-During-Real-Time-Payment-Transactions
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New FICO Survey: 69% of Canadian Consumers Want Banks to Protect Against Scams During Real-Time Payment Transactions

Business Wire
by Business Wire0
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.......
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
by PR Newswire0
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
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Fiscalix Launches SARAH, an AI Audit Manager to Revolutionize Auditing with AI

PR Newswire
by PR Newswire0
~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......
Finout Cements FinOps Leadership with $40M Series C as Category Goes Mainstream
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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
Banking Finance Fintech Investments News

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
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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
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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......
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