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Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and daily.

Finexio Raises $14 Million in Initial Close of Series B, Company Valued at $100 Million

Finexio, the fast-growing B2B accounts payables (AP) Payments-as-a-Service company, announces the first close of its $30 million funding round at a $100 million pre-money valuation co-led by Mendon Venture Partners and National Bank Holdings Corporation (NYSE: NBHC). Discover Financial Services (NYSE: DFS), Post Road Partners, The Banc Funds, EOM Investments, and other new and existing investors also participated in this growth round.

TenureX partners with SightSpan to Transform US Correspondent Banking Industry

TenureX, the Israeli start-up that is fixing the broken correspondent banking industry, announces a new partnership with risk management consultancy SightSpan to increase efficiency, enhance compliance, and create new revenue opportunities within correspondent banking services.

Barclays Resumes Further Issuances and Sales of Certain iPath ETNs

Barclays Bank PLC announced that it plans to resume further issuances and sales by Barclays Bank and its affiliates of each series of iPath® ETNs (the “Resumed ETNs”) listed in the table below, effective as of the open of trading on Monday, August 1, 2022. This action follows the announcement by Barclays Bank on April 28, 2022 to suspend sales of such series of Resumed ETNs. Any such issuances and sales of the Resumed ETNs will be made pursuant to Barclays Bank’s shelf registration statement filed with the Securities and Exchange Commission (the “SEC”) on May 23, 2022. As described below, this action may result in fluctuations in the trading value of such Resumed ETNs.

Accenture Invests in pulsESG to Advance ESG and Sustainability Measurement, Decision Making and Reporting for Companies

Accenture has made a strategic investment, through Accenture Ventures, in pulsESG, Inc., a public benefit corporation dedicated to empowering purpose-driven enterprises to manage and improve their environmental, social and governance (ESG) footprint. Backed by $10 million in earlier seed funding from other leading impact-driven investors, pulsESG is the latest company to join Accenture Ventures’ Project Spotlight, an engagement and early investment program that connects emerging technology software startups with the Global 2000 to fill strategic innovation gaps.

COINZIX Announces $300,000 Investment from Legion Ventures

COINZIX, an emerging cryptocurrency exchange is announcing a raise of $300,000 in new funding from Legion Ventures, the largest community-driven crypto venture capital firm in Eastern Europe. This transaction is boosting COINZIX’s total investment up to $1 million.

IDEX Biometrics and Turkish Issuer to Launch Biometric Payment Cards in Response to Strong Consumer Demand

IDEX Biometrics ASA initiated its first project in Turkey with an issuer to launch biometric payment cards for the local market. Cards from this issuer are estimated to be in consumer hands by Q1 2023.

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