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.
Finastra Enhances Visibility and Profitability with Kantata
Kantata, the leading global supplier of purpose-built technology for professional services, announced that Finastra’s services division has driven a 36% reduction in cost leakage since adopting the Kantata Cloud for Professional Services. Finastra is one of the world’s largest fintech companies, with nearly 8,000 customers, including 45 of the top 50 banks globally.
North American Digital MGA, Foxquilt, Secures $12 Million Funding
Foxquilt, a leading North American insurance technology company specializing in small business and micro-enterprise markets, is pleased to announce a successful raise of $12M. The financing spanned two rounds with the initial closing at the end of 2022, led by ICM, and the latter in recent weeks with participation from both existing and new investors.
REPAY Partners with Zappix to Streamline Payment Acceptance
Repay Holdings Corporation, a leading provider of vertically-integrated payment solutions, announced a partnership with Zappix, a leading provider of digital customer service solutions, to offer streamlined and secure payment processing within Zappix’s self-service platform.
OCTO Crash & Claims: Video Damage Evaluation Opens up New Era of Claim Management
OCTO Crash & Claims solution marks a shift in the traditional way of managing crash and claim processes, moving towards a digital and innovative approach that integrates cutting-edge technologies and tools.
CIBC Innovation Banking Provides $18 Million Growth Financing to Bidgely
CIBC Innovation Banking announced that it has increased its growth financing commitment to Bidgely, a leading provider of artificial intelligence (AI) powered energy intelligence solutions for energy providers worldwide. The additional financing commitment will strengthen Bidgely’s ability to support critical utility initiatives, particularly as the proliferation of electric vehicles (EV) and global decarbonization goals redefine the energy market.
