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B2B Fintech Startups News

ABCM™ Platform Customized For Startups By Fintech Startup Okoora

Fintech Staff Writer
by Fintech Staff Writer0
Okoora’s AI-powered platform Okoora, a Swiss-Israeli fintech business, has customized the ABCM™ platform to meet the special needs of startups for managing global payments, banking, and risks. Okoora’s ABCM™ platform, powered by AI, offers operational tools, currency risk management, and access to a vast bank and transaction room network. Since......
Flex Raises $120 Million in Equity and Debt, Launching Finance Super App for Business Owners
debt collection News

Flex Raises $120 Million in Equity and Debt, Launching Finance Super App for Business Owners

PR Newswire
by PR Newswire0
Funding round led by Florida Funders, with participation from Home Depot Ventures, Community Investment Management (CIM), Companyon Ventures and MS&AD Ventures Flex, formerly known as Flexbase, announced the closing of a $120M Series A debt and equity funding round, which includes debt financing from CIM with an agreement to fund up to $100M, and $20M in......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

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

Fintech Staff Writer
by Fintech Staff Writer0
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......
LayerZero Teams Up with Google Cloud to Accelerate the Future of Web3 Interoperability
Cloud News Security

LayerZero Teams Up with Google Cloud to Accelerate the Future of Web3 Interoperability

PR Newswire
by PR Newswire0
Google Cloud will become the default oracle for LayerZero network, securing messages across 15 chains  LayerZero Labs, the team behind cross-chain messaging protocol LayerZero, announced a new collaboration with Google Cloud to enhance the security of its cross-chain environment with high performance and reliable cloud infrastructure and help accelerate the......
Clip Money Inc. Announces Debt and Equity Financings totalling US$11,000,000 with a lead Strategic Investor
Finance News

Clip Money Announces Debt and Equity Financings totalling US$11,000,000 with a lead Strategic Investor

GlobeNewswire
by GlobeNewswire0
Clip Money, a company that operates a multi-bank self-service deposit system for businesses, is pleased to announce a non-brokered private placement of common shares in the capital of the Company (the “Common Shares ”) at a price of CDN$0.23 per Common Share (the “Equity Price”) for gross proceeds of approximately US$4,900,000......
Agam Capital Advises PFI in Its Formation and Launch of Prismic Life Reinsurance, Ltd.
InsurTech News

Agam Capital Advises PFI in Its Formation and Launch of Prismic Life Reinsurance, Ltd.

Business Wire
by Business Wire0
Agam Capital (“Agam”), an analytics driven platform strategically partnering with insurance companies to explore opportunities to enhance their financial flexibility, is advising Prudential Financial, Inc. (“PFI”), a US-based global financial services leader and premier active global investment manager, in the formation and launch of Prismic Life Reinsurance, Ltd. (“Prismic”), a......
Algbra Becomes UK’s First FCA Authorised ESG and Sharia-Compliant Fintech to Gain B Corp Status
Fintech News Uncategorized

Algbra Becomes UK’s First FCA Authorised ESG and Sharia-Compliant Fintech to Gain B Corp Status

Business Wire
by Business Wire0
Algbra, the global ethical and Sharia-compliant technology platform with its UK finance app, has been awarded B Corp status after demonstrating its credentials of the highest ESG standards. This makes Algbra one of the few financial institutions in the UK to achieve this status, including being the first FCA authorised......
Four Inc. and Chainalysis Partner to Bring Enhanced Blockchain Data Analysis to the Public Sector
Blockchain News

Four Inc. and Chainalysis Partner to Bring Enhanced Blockchain Data Analysis to the Public Sector

PR Newswire
by PR Newswire0
Four Inc. has been named a federal aggregator for Chainalysis, the world’s leading and most trusted blockchain analysis and investigation platform. Under the agreement, Four Inc. will provide Chainalysis’ Blockchain Data platform to the public sector through Four Inc.’s NASA Solutions for Enterprise-Wide Procurement (SEWPV), Information Technology Enterprise Solutions – Software......
Artificial Intelligence Digital Featured Fintech Technology

Risks Associated With the Integration of Deficient Chatbots

Pooja Choudhary
by Pooja Choudhary0
Summary Introduction Chatbot use in consumer finance Exclusive industry insights Use of large language models and AI Growth and adoption in the financial industry Problems consumers encountered while engaging with chatbots Technical limitations and associated security risks The perils of implementing flawed chatbots Conclusion Introduction Chatbots are computer programs that......
BMO Launches Mobile Wallet for Virtual Cards with Mastercard and Extend
Digital Payments News

BMO Launches Mobile Wallet for Virtual Cards with Mastercard and Extend

PR Newswire
by PR Newswire0
BMO pairs the efficiency and security of virtual cards with convenience of contactless payments for Commercial Banking clients in the U.S. and Canada BMO Commercial Bank clients in the U.S. and Canada now have access to even greater payment management functionality with the launch of Extend for BMO app. The app features new functionality that......
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