Search Results for: strategic expansion

Finance Investment Services News

Axoni Announces $20 Million Equity Financing Led by EJF Ventures

PR Newswire
by PR Newswire0
Axoni, a provider of data synchronization technology and financial market infrastructure, announced the close of a $20 million equity financing round led by EJF Ventures, with participation from Laurion Capital Management, Communitas Capital, and existing investors. Axoni has raised more than $110 million since inception. Axoni’s AxCore software synchronizes data across enterprises, solving......
AI in Banking: Benefits And Challenges
Artificial Intelligence Banking Featured Finance

AI in Banking: Benefits And Challenges

Pooja Choudhary
by Pooja Choudhary0
Introduction The banking industry is no exception to the fact that artificial intelligence (AI) has become a crucial component of the most demanding and fast-paced businesses. It is understandable why AI has so swiftly established itself as one of the technical pillars around which the current financial industry is based.......
MODIFI Expands Its Footprint to Singapore to Better Serve Business Customers in Asia
Digital Payments News

MODIFI Expands Its Footprint to Singapore to Better Serve Business Customers in Asia

GlobeNewswire
by GlobeNewswire0
MODIFI, a leading European fintech company specializing in cross-border payment solutions and provision of liquidity for exporters around the world, announces the opening of its new office in Singapore. The expansion is part of MODIFI’s strategy to strengthen its global presence and better serve customers in Asia. The company’s Chief......
Novel Capital and gener8tor Partner to Accelerate the Growth of Early-Stage Startups
B2B Fintech Funding News

Novel Capital and gener8tor Partner to Accelerate the Growth of Early-Stage Startups

PR Newswire
by PR Newswire0
Partnership offers expanded access to non-dilutive funding capital for member companies Novel Capital, the fintech growth platform and innovative funding provider helping B2B businesses diversify their funding stack, announced a partnership with gener8tor that will provide early-stage entrepreneurs with expanded access to non-dilutive financing and education. Through its partnership with gener8tor,......
VigiPay of Nigeria Selects ThetaRay AI Solution for AML Monitoring
Digital Payments News

VigiPay of Nigeria Selects ThetaRay AI Solution for AML Monitoring

Business Wire
by Business Wire0
Lagos-based payment fintech upgrades to AI-powered system for advanced detection of money-laundering and sanctions list violations VigiPay, a Nigerian fintech providing digital payment services, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, announced they will collaborate to protect VigiPay’s growing business against money laundering, sanctions violations, and other financial......
Vemanti to Acquire Devblock, Adding AI and Digital Transformation Capabilities to Bolster Its Neobanking Strategy in SE Asia
Artificial Intelligence Banking News

Vemanti to Acquire Devblock, Adding AI and Digital Transformation Capabilities to Bolster Its Neobanking Strategy in SE Asia

GlobeNewswire
by GlobeNewswire0
Vemanti Group, Inc. announced it has signed a Stock Purchase Agreement (“SPA”) to acquire 100% ownership of Devblock Technologies, Inc., accomplishing a major milestone in the Company’s broader strategy of becoming Southeast Asia’s first neobank for SMEs. With this acquisition, the Company will add advanced AI and digital transformation capabilities......
Vietnam: Can It Become the Fintech Mecca of the East?
Fintech News

Vietnam: Can It Become the Fintech Mecca of the East?

Fintech News Desk
by Fintech News Desk0
Vietnam’s fintech has reached new heights and the newly introduced regulatory sandbox is further fueling its growth. It’s forecasted that the country’s fintech market will reach a staggering $18 billion mark by 2024. Also, the approval for the National Digital Transformation Programme by 2025 given by the country’s prime minister......
Usio’s PayFac Technology Now Integrated into Suite Engine’s CPM Dynamics 365 Business Central
Digital Payments Fintech News

Usio’s PayFac Technology Now Integrated into Suite Engine’s CPM Dynamics 365 Business Central

Business Wire
by Business Wire0
Suite Engine makes Usio’s payment facilitation solution, PayFac-in-a-Box, available for use within Microsoft Dynamics 365 Business Central ERP software Usio, Inc., a leading FinTech company that operates a full stack of integrated, cloud-based electronic payment and embedded financial solutions, announced that Suite Engine, LLC, the creator of plug-and-play solutions for......
Viva Wallet and Elo Partnership Disrupts Legacy Checkout and Embeds All Payments into Elo Mobile Android Computers
Digital Payments News

Viva Wallet and Elo Partnership Disrupts Legacy Checkout and Embeds All Payments into Elo Mobile Android Computers

PR Newswire
by PR Newswire0
All the technology needed in one versatile device for all transactions: from contactless to Chip & PIN. Viva Wallet and Elo strategic partnership disrupts the European payments scene, delivering flexible payments everywhere and less hassle for businesses The strategic partnership between Viva Wallet, a leading European cloud-based neobank, and Elo,......
Certn Background Screening Gets US $30 Million Boost with Support from Export Development Canada
Fintech Funding News

Certn Background Screening Gets US $30 Million Boost with Support from Export Development Canada

Business Wire
by Business Wire0
Canadian Crown Corporation Invests in the Startup’s Global Expansion Certn, a leader in online background checks and identity verification, announced it secured an additional US$30M in Series B financing with over US$29.5M coming from Export Development Canada (EDC). To date, Certn has raised over US$114M in venture funding with US$80M coming via......
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