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Gotransverse Leads in Billing Complexity and Volume According to New MGI MarketLens

Gotransverse , the leading provider of enterprise order-to-cash solutions, received extremely high marks for handling invoice volume and complex billing in the latest report from MGI Research, MGI MarketLens Billing Complexity vs. Volume. Gotransverse outranked more than a dozen competing vendors in MGI’s Competitive Lens chart.

Tugende Closes Pre-series B Funding Raising A Total USD 10 Million In Equity And Debt Transactions Arranged By Verdant Capital

Tugende, the innovative fintech platform for MSME credit and asset-financing in East Africa, closed in Q2 pre-Series B equity funding from existing shareholders led by Partech and two new investors, including Women’s World Banking. The new investors add to the diversity of Tugende’s shareholding and complement the experience and skills that each contribute to Tugende’s growth. Along with a recent debt closing, the combined USD 10 million investment further strengthens Tugende’s balance sheet, allowing it to increase portfolio growth and address a significant credit demand amongst MSMEs, particularly after the strict lockdowns of 2020 and 2021. Tugende continues to deliver this MSME support with award winning positive social impact to its clients and their beneficiaries. On May 25th, 2022, Tugende received the Financial Inclusion award  at the annual African Banker Awards ceremony, held in Accra, Ghana.

Prudential plc and Google Cloud Announce Strategic Partnership to Make Healthcare and Financial Security More Accessible Across Asia and Africa

Leading insurance group, Prudential plc and Google Cloud announced a strategic partnership to enhance health and financial inclusion for communities across Asia and Africa.

New Coretech Insight Report Shows a $25 Million Speed-to-Market Advantage for Insurance Carriers

Coretech Insight, an independent advisory firm focused on core technology for the insurance industry, released a report finding that insurers that launch products faster by deploying cloud agile technology are able to generate a revenue gain of as much as $25 million over five years.

Piper Sandler Completes Acquisition of DBO Partners, Bolstering Technology Investment Banking Platform

Piper Sandler Companies, a leading investment bank, announced that it has completed the acquisition of DBO Partners, an independent technology investment banking firm in the San Francisco Bay Area.