SoFi Expands Loan Platform Business with $5B Agreement with Blue Owl Capital Funds

SoFi Technologies, Inc. (NASDAQ: SOFI) finalized an up to $5 billion Loan Platform Business agreement for personal loans with funds managed by Blue Owl Capital, an asset manager with $250 billion+ in assets under management. This move reportedly marks SoFi’s “largest” Loan Platform Business agreement… Read More

Swedish Fintech Firm Klarna Files for $1bn US IPO

Swedish digital payment firm Klarna has filed for an initial public offering (IPO) in the United States, seeking to raise at least $1 billion in a listing that could value the company at more than $15 billion, Bloomberg News reported. The Stockholm-founded firm confidentially filed for… Read More

France based Fintech Shine Partners with European Regtech Fourthline

Shine, a France-based fintech doing business under the Ageras division, is enhancing financial services for small businesses and self-employed workers across Europe. The Fintech has teamed up with Regtech Fourthline to streamline operations. Focused on delivering accounting software, business banking, and administrative tools, Shine has… Read More

AI-Powered Chargeback Platform Disputed.ai Raises $1.12m in Seed Funding

Disputed.ai, an artificial intelligence-driven chargeback management platform for enterprise merchants, has raised $1.12 million in seed funding to expand its automated dispute resolution technology. The funding will support the company’s efforts to refine its AI-driven platform and scale operations as it targets industries with high… Read More

Canada’s Fintech Ecosystem Being Negatively Impacted By Lack of Progressive Regulations, Industry Professionals Claim

Canada’s Fintech ecosystem stands at a critical juncture, teetering somewhere between immense potential and possible stagnation. A recent interview by the Toronto Star with EQ Bank CEO Andrew Moor underscores a somewhat harsh reality: while global economic challenges like North America’s tariff and trade war… Read More

Alternative Investments : RSM Teams Up with Arch to Leverage Tech-Enabled Private Markets Investment Management

Arch, a digital alternatives management platform modernizing workflows, data standardization, and portfolio insights across private equity, hedge funds, venture capital, real estate, and other alternative investments, announced a partnership with RSM US LLP, the provider of assurance, tax and consulting services for middle-market companies. This… Read More

MoonPay Announces Acquisition of Iron, a Stablecoin Infrastructure Platform

MoonPay is pleased to announce our strategic acquisition of Iron, which is described as an API-first stablecoin infrastructure platform. The acquisition is said to significantly expand their product and business offerings, enabling companies to: manage multi-currency treasuries facilitate instant cross-border payments generate new revenue through… Read More

Fintech Platform nCino Selected By KBC Bank Subsidiary to Enhance Commercial and SME Lending Operations

nCino, Inc. (NASDAQ: NCNO), the provider of intelligent, banking solutions, announced that Československá obchodní banka (ČSOB), a subsidiary of KBC Bank NV, and one of the top 30 banks in Europe, has chosen the nCino Platform to digitize and streamline its Commercial and SME Lending… Read More

AI Algorithms in Mortgages : Boosting Efficiency without Losing the Essential Human Interaction

The mortgage industry, traditionally burdening professionals with excessive paperwork, outdated manual processes, and sometimes error-prone human decision-making, is undergoing a major transformation due the emergence of advanced AI algorithms and other innovative technologies. Artificial Intelligence (AI) is emerging as a useful tool, aiming to streamline… Read More

Euronext Scales Up SaaS Offering with Acquisition of Admincontrol

Euronext announces that it has entered into a definitive agreement with Visma to acquire 100% of Admincontrol, a provider of governance and secure collaboration Software as a Service (SaaS) solutions in the Nordics and in the UK. On 8 November 2024, as part of its… Read More

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