Search Results for: payments ecosystem

Lesaka Completes the Acquisition of Adumo, Cementing Its Position as the Leading Independent Fintech in Southern Africa
Digital Payments Fintech News

Lesaka Completes the Acquisition of Adumo, Cementing Its Position as the Leading Independent Fintech in Southern Africa

GlobeNewswire
by GlobeNewswire0
Lesaka Technologies, announced it has completed its acquisition of Adumo RF (Pty) Ltd (“Adumo”). The transaction was settled through the issuance of 17,279,803 shares of Lesaka’s common stock and a cash payment ZAR 232.2 million ($13.4 million), implying a total purchase consideration of ZAR 1.67 billion ($96.2 million) using Lesaka’s......
SS&C Bolsters Alternatives Data Aggregation for Wealth Managers
Artificial Intelligence Finance

SS&C Bolsters Alternatives Data Aggregation for Wealth Managers

PR Newswire
by PR Newswire0
SS&C Technologies Holdings, Inc. today announced the broad rollout of SS&C Accord, an AI-enabled service to help wealth managers aggregate and validate their customers’ alternative investment data. Powered by proprietary technology, SS&C Accord leverages SS&C’s wealth management and alternative investment fund administration expertise to help advisors aggregate and process siloed data across......
Banking Blockchain Cryptocurrency DeFi Digital Asset Management Digital Payments Featured Finance Fintech Risk Management Security

Decentralized Finance (DeFi) and Banking: What’s Next?

Rishika Patel
by Rishika Patel0
Decentralized Finance (DeFi) is reshaping the finance industry by offering services traditionally managed by banks, insurance companies, and brokerage firms through blockchain technology. DeFi enables users to borrow, lend, earn interest, trade assets, and more—without relying on intermediaries such as banks or financial institutions. This decentralized model eliminates the need......
R3 partners with Ownera to offer digital and financial market interoperability solutions for Corda
Finance Fintech News

R3 partners with Ownera to offer digital and financial market interoperability solutions for Corda

EIN Presswire
by EIN Presswire0
R3’s open, permissioned Corda network applications can now transact with any other platform using Ownera’s routers, on any blockchain or legacy platform R3, the financial markets digital solutions firm and Ownera, a leading provider of tokenization interoperability routers based on the open FinP2P protocol, have partnered to enable interoperability across......
Finvi Announces Partnership with Divinity Software as Velosidy Integrations Build
Finance Fintech News

Finvi Announces Partnership with Divinity Software as Velosidy Integrations Build

PR Newswire
by PR Newswire0
Finvi, the leading provider of enterprise technologies that streamline and accelerate revenue recovery for clients across the accounts receivable management (ARM) industry, today announced a new partnership with Divinity Software, which specializes in providing state-of-the-art software solutions that empower businesses to streamline customer engagement and optimize financial performance with their easy-to-use......
Serrala and NTT DATA Implement Advanced Accounts Receivable Solutions for Transpetro
Finance Fintech News Robotic Process Automation

Serrala and NTT DATA Implement Advanced Accounts Receivable Solutions for Transpetro

EIN Presswire
by EIN Presswire0
Serrala & NTT DATA implement FS² AutoBank and FS² Collections & Disputes at Transpetro, enhancing financial automation, efficiency, and transformation. Serrala, a global leader in finance process automation software, proudly announces the implementation process of its Accounts Receivable solutions FS AutoBank and FS Collections & Disputes for Transpetro, Brazil’s leading......
Cross River and Forward Bring Payouts-As-A-Service to Software Developers
Banking Fintech News

Cross River and Forward Bring Payouts-As-A-Service to Software Developers

Business Wire
by Business Wire0
Initiative expands embedded payment services to Software-as-a-Service providers, addressing core payment challenges Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, and Forward, a technology partner empowering Software-as-a-Service (SaaS) companies to integrate and monetize payments, are addressing some of the core payment challenges currently inhibiting......
Banking Blockchain Digital Payments Featured Finance Fintech

Improving Financial Inclusion through Innovative Payment Systems

Prajakta Ayade
by Prajakta Ayade0
Financial inclusion is the process of ensuring that all individuals and businesses have access to affordable financial products and services. This includes payments, savings, credit, and insurance, all delivered in a responsible and sustainable way. Over the past decade, innovative payment systems have played a pivotal role in advancing financial......
Financial Inclusion through Innovative Payment Systems
Finance Fintech Investments News

M2P Fintech raises Rs. 850 Crores in Series D Financing

Fintech Staff Writer
by Fintech Staff Writer0
M2P Fintech, Asia’s largest Banking infrastructure company, announced today the first close of its Series D financing, raising Rs. 850 crores through a mix of primary and secondary share capital. The financing was led by Helios Investment Partners and places the company’s valuation at over Rs. 6,550 crores. The funds will......
Functional Finance Secures $20M Series A Funding Led by Walkabout Ventures
Finance Fintech News

Functional Finance Secures $20M Series A Funding Led by Walkabout Ventures

GlobeNewswire
by GlobeNewswire0
Funding to fuel platform expansion and strategic hiring as premium payment volume surges 2,500% YOY. Functional Finance, a software platform revolutionizing financial operations (FinOps) for managing general agents (MGAs), insurance companies, and wholesalers is pleased to announce the closing of a successful $20 million Series A funding round led by Walkabout......
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