Feedzai’s $75M Round Boosts Valuation Past $2B

Feedzai, an AI-native RiskOps platform for financial crime prevention, announced this week that it is now valued at more than $2 billion following an investment round of approximately $75 million. The new funding welcomes institutional investors Lince Capital, Iberis Capital, and Explorer Investments, with renewed… Read More

Precoro’s AI Assistant Targets Procurement Bottlenecks

Precoro, a procurement centralization and automation platform, today announced the launch of its AI Assistant, a native AI-powered chatbot that gives finance, procurement, and AP teams instant insights from their purchasing data. Instead of digging through dashboards or waiting on analysts, users can now simply… Read More

Jack Henry Announces Acquisition of Victor Technologies to Enhance PaaS Capabilities

Jack Henry & Associates Inc. (Nasdaq: JKHY) announced the acquisition of Victor Technologies, Inc., which is described as a cloud-native, API-first provider of innovative direct-to-core embedded payments solutions, from MVB Financial Corp. (Nasdaq: MVBF). The acquisition expands Jack Henry’s capabilities in the Payments-as-a-Service (PaaS) market,… Read More

DTCC to Increase Focus on Digital Assets Infrastructure with New Appointment

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, is now increasingly focused on the nascent digital assets industry. The  rise of DeFi and its convergence with TradFi is now pushing platforms and service providers to develop… Read More

Cboe Global Markets to Enhance Derivatives Operations with Key Appointments

Cboe Global Markets, Inc. (Cboe: CBOE), the world’s derivatives and securities exchange network, announced the appointment of two industry veterans to spearhead its Derivatives and Data businesses. Rob Hocking rejoins as Executive Vice President, Global Head of Derivatives, and Brian McElligott joins as Senior Vice… Read More

Wealthtech Addepar Expands Business Operations with Switzerland Office

Addepar, the tech and data platform serving investment professionals, announced the opening of its office in Geneva, marking its fourth dedicated presence across Europe and the Middle East markets and the latest step in the wealthtech company’s mission to connect the investment sector. This expansion… Read More

Scotland Unveils Investment Platform to Help Startups with Acquiring Financial Resources

Scotland has recently announced the launch of the Scottish Ecosystem Platform, the all-in-one, open-access platform offering granular data on its startup, scale-up, and private company ecosystem in an effort to secure international investment. This project, which is said to be a new collab between the… Read More

Global Fintech Airwallex Brings Nordic Currencies to Issuing Customers, Expanding European Operations

Airwallex, a global financial platform for modern businesses, announced the launch of Nordic currencies for its issuing customers, which is described as a key milestone that enhances customer experience across European markets and marks the Fintech firm’s initial step into the Nordic region. From the… Read More

MoneyGram and Plaid Expand Open Banking Partnership to European Markets

MoneyGram, a global payments network for consumers, businesses and communities, and Plaid, the data network powering the fintech tools people rely on to lead a healthier financial life, announced the expansion of their pay-by-bank partnership to Europe. After its U.S. launch, the recently announced integration… Read More

UK’s Digital Bank OakNorth Provides Loan to Manhattan’s Real Estate Firm Aya New York

UK’s digital bank OakNorth provided a $45 million loan to Aya New York. Established back in 2009 by industry professional Amir Shriki, Aya New York is a Manhattan-based real estate investment company focused on acquiring and repositioning “distressed” and “mismanaged” assets in prime New York… Read More

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