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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.

Dynamo Software Enhances Data Automation for Private Investment Industry by Acquiring Smonik Systems

Dynamo Software, Inc., a market-leading provider of end-to-end cloud software solutions for the alternative investment management industry, announced today its acquisition of Smonik Systems, a leader in data management. Smonik provides cutting-edge software that closes the gap for Limited Partners (LPs) to process both structured and unstructured data. Dynamo will enhance its world-class platform with Smonik’s automated products for data collection, extraction, validation, and reconciliation.

VoPay and Plexflow Join Forces to Simplify Payments for Canadians in a $48Billion Rental Market

VoPay, a leading provider of integrated payment technology solutions, announced a partnership with Canadian property management software provider Plexflow. With a rental market sitting at $48.4 billion and growing at the rate of 3.8 percent, this partnership will simplify the rental process for landlords and tenants across the country.

CAF Raises a Total of BRL 80 Million to Forge the Future of Identity

CAF, a leader in digital identity verification, announced that it has raised over BRL80 million in investments with participations from a group of experienced global investors, led by Ethoca co-founders Darryl Green, Andre Edelbrock and Trevor Clarke, as well as the former LexisNexis CEO Andrew Prozes. Ethoca is a global leader in the collaborative fraud loss prevention industry and was acquired by Mastercard in 2019. Other investors also have joined the round, such as noted investor and philanthropist Kevin Efrusy, and NielsenIQ CEO and chairman James Peck, who will also join CAF’s board. The company’s valuation was not disclosed.

Iveric Bio Announces Agreement for Up to $250 Million in Non-Dilutive Debt Financing with Hercules Capital and Silicon Valley Bank

IVERIC bio, Inc. announced that it has entered into a term loan debt financing facility with Hercules Capital, Inc. and Silicon Valley Bank providing the Company with total borrowing capacity of up to $250 million in non-dilutive debt financing.

Vendetta Finance Acquires a 25% Stake in Start-Up CaaS Project Carbon Trope

Carbon Trope is a start-up CaaS (Crypto as a Service) project. The move is part of Vendetta broader roadmap for strategic investments in the crypto incubator space.

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