Search Results for: Banktech

Torpago Announces $10 Million Series B Funding Round
Finance Fintech Investments News

Torpago Announces $10 Million Series B Funding Round

Business Wire
by Business Wire0
Series B funding comes on heels of $6 Million Series A to accelerate Torpago’s transformation of bank-branded commercial credit card and expense products Torpago, a commercial credit card and spend management provider, today announced it raised $10 million in a Series B funding round. The round was co-led by Priority......
NYC FinTech Women Announces the 2023 Inspiring FinTech Females Award Winners
Fintech News

NYC FinTech Women Announced 2023 Inspiring FinTech Female Awards

PR Newswire
by PR Newswire0
NYC FinTech Women is proud to announce the winners of the 2023 Inspiring FinTech Female awards. The award recognizes 63 extraordinary women across five categories: Founders, Leaders, Money Movers, Network Builders, and Product Builders, celebrating their contributions to FinTech and their dedication to promoting gender equity. Michelle Tran, Co-Founder, highlights, “This year’s......
Infosys Highest ever large and mega deal wins with TCV of $7.7 billion lay solid foundation for future
Fintech News

Highest Ever Large and Mega Deal Wins With TCV of $7.7 Billion Lay Solid Foundation for Future

PR Newswire
by PR Newswire0
Q2 growth at 2.3% sequentially with resilient margins of 21.2%. Revenue guidance revised to 1.0%- 2.5% Infosys, a global leader in next-generation digital services and consulting, delivered $4,718 million in Q2 revenues with year-on-year growth of 2.5% and sequential growth of 2.3% in constant currency. Large deal TCV for the quarter was $7.7 billion,......
Financial Integration Startup PortX Secures $16.5 Million in Series B Funding
Banking News

Financial Integration Startup PortX Secures $16.5 Million in Series B Funding

Business Wire
by Business Wire0
Funding underscores shift toward open banking and the demand for seamless core integration and innovation Investors represent 200 community financial institutions PortX forms Credit Union Service Organization (CUSO) PortX, a leader in integration and open banking for community financial institutions and fintechs, announced the successful close of its Series B......
BankProv Adds Business Banking Expert To Support New Clients
Banking News

BankProv Adds Business Banking Expert To Support New Clients

PR Newswire
by PR Newswire0
BankProv, a future-ready commercial bank that offers technology-driven banking solutions to its clients, is pleased to welcome Tricia Abood to the organization as Vice President, Business Development Officer. Tricia brings a wealth of financial services knowledge and a proven track record in the industry. “One of Tricia’s many core strengths is her......
Deloitte Launches AI Incubator to Harness the Power of India’s Tech Innovation and Talent Capabilities
Artificial Intelligence Business News Technology

Deloitte Launches AI Incubator to Harness the Power of India’s Tech Innovation and Talent Capabilities

Fintech News Desk
by Fintech News Desk0
Deloitte announced the launch of its Global Generative AI Market Incubator that will promote innovation in generative AI and serve businesses in India and across the globe. With the generative AI boom leading to its soaring global demand, it is a significant step towards nurturing tech innovation and talent in......
Equabli Announces Successful Completion of Funding Round
Finance Fintech Funding News

Equabli Announces Successful Completion of Funding Round

PR Newswire
by PR Newswire0
Equabli, Inc., a leading financial technology company, is pleased to announce the successful completion of its recent round of financing. The funding round secured $3.35M of additional capital and was led by Social Leverage. Additional commitments were received by BankTech Ventures and Cross River Digital Ventures. The funding will be instrumental in......
Farmers and Merchants Bank Expands Collaboration with Jack Henry to Support the Future of Local Community Banking
Banking News

Farmers and Merchants Bank Expands Collaboration with Jack Henry to Support the Future of Local Community Banking

Business Wire
by Business Wire0
Bank leverages Jack Henry security, operational efficiencies and open banking infrastructure to support growing retail and commercial accounts Jack Henry announced that it is expanding its existing partnership with longtime client Farmers & Merchants Bank (F&M Bank), a $1.25-billion asset community bank based in Virginia. While larger financial institutions have left the area, F&M Bank is......
ePlus Celebrates 30th Anniversary
Finance News

ePlus Expands Credit Facility

PR Newswire
by PR Newswire0
Increase to $500 Million Enhances ePlus’ Working Capital Financing Capacity ePlus inc. a leading provider of technology and financing solutions, announced that its wholly-owned subsidiaries ePlus Technology, inc., ePlus Technology Services, inc. and SLAIT Consulting, LLC (collectively, the “Borrowers”) recently entered into an amendment to their credit agreement with their lenders (the......
Axcelis Expects Immaterial Impact from Relationship with Silicon Valley Bank
Banking News

Axcelis Expects Immaterial Impact from Relationship with Silicon Valley Bank

PR Newswire
by PR Newswire0
Company has Relationships with Multiple US and Foreign Banks Axcelis Technologies, Inc., a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced that it expects the collapse of Silicon Valley Bank (SVB) into receivership by the Federal Deposit Insurance Corp. to have an immaterial impact on the......
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