United Fintech Announces Acquisition of Commercial Banking Applications

United Fintech, the digital transformation platform, announced the full acquisition of Commercial Banking Applications (CBA), a banking tech provider focused on API-driven trade finance and payments solutions. The acquisition was reportedly financed by equity and debt from existing investors, which include four major banks: BNP… Read More

Prometeo’s Ximena Aleman on Open Banking and Latin American Innovation

As Open Banking becomes more popular in Latin America, Prometeo is well-positioned to be a major player in the space. Prometeo’s partners, a provider of a single API connecting businesses to every bank in 11 countries, include Santander, Bancolombia, Banco de México, and Chile’s Banco… Read More

UK Fraud Prevention Platform Ravelin to Be Acquired by Worldpay

Worldpay, a firm focused on payments tech and solutions, has announced that it entered into a definitive agreement to acquire Ravelin, an AI-native fraud prevention platform based in London, UK. The acquisition of Ravelin will complement and enhance Worldpay’s portfolio of solutions and enable merchants… Read More

Real Estate Marketplace Pacaso Expands Operations with Acquisition of European Properties

Pacaso, the tech-enabled real estate marketplace for co-owned luxury vacation homes, announced that it is continuing its international expansion with the acquisition of three European properties. The addition of two residences in London and one in Paris solidifies Pacaso’s presence in Europe, offering buyers “opportunities… Read More

Fintech Firm Cushion Shuts Down Operations

Cushion, a Fintech company that helped Americans negotiate bank and credit card fees to secure refunds, has ceased operations. According to a LinkedIn post by CEO Paul Kesserwani, the decision to wind down the firm was made at the end of last year due to… Read More

Alternative Data Provider ExtractAlpha Announces Acquisition of ESG Analytics

ExtractAlpha, a provider of alternative data and analytics solutions, announced the acquisition of ESG Analytics, a platform offering real-time, actionable insights into ESG metrics. This acquisition enhances ExtractAlpha’s commitment to expanding its data-driven solutions, enabling clients to harness ESG insights for improved decision-making. The addition… Read More

Anchor Announces Series A Round to Eliminate Invoicing and Payment Inefficiencies for Accounting Firms

Anchor, the Autonomous Billing & Collections platform, announced it raised a $20 million Series A funding round, led by Mosaic General Partnership and Oren Zeev from Zeev Ventures. Existing investors, including Entrée Capital and Tal Ventures participated, alongside new investors Amy Banse, who will be… Read More

Fintech TransferGo Introduces Multi-Currency Accounts for Global Business Clients

The global payments landscape is undergoing significant changes, driven by the increasing need for cross-border transactions. TransferGo, a global Fintech company, has launched a multi-currency business account to cater to the growing demands of international businesses. This service allows companies to hold, exchange, send, and… Read More

Japan’s Financial Market Data Provider JPXI Partners with AI Cloud Data Firm Snowflake

JPX Market Innovation & Research, (JPXI), a provider of Japan’s financial market data, and Snowflake, the AI Data Cloud company, announced a partnership in order to disseminate data over Snowflake’s platform. Data provision via Snowflake will enable market participants to get access to JPXI’s data… Read More

Closinglock, a Fraud Prevention Tech Provider for Real Estate Industry, Reports New Funding Round

Closinglock, a fraud prevention tech provider for the real estate industry, announced it closed a $34 million Series B round. The investment round was reportedly led by Sageview Capital and “supported by Headline and RWT Horizons.” This financing will advance the company’s mission to power… Read More

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