Integrated payments platform Paysafe announced on Monday it has formed a new multi-year, global deal with Microsoft to support its strategic move to cloud-based transaction services. Paysafe reported that as part of the collaboration, it is using Microsoft Azure’s open and flexible cloud computing… Read More
Alkami Technology, Inc. (Alkami), a cloud-based digital banking solutions provider for banks and credit unions, announced on Tuesday it secured $140 million through its latest investment round, which was led by D1 Capital Partners. As previously reported, Alkami was founded in 2009 and provides a… Read More
Cloud-based clearing bank ClearBank announced on Thursday it is now offering multi-currency banking accounts through API. The banking group reported that in the fourth quarter of 2020 it will be able to offer more than 30 multi-currency bank accounts, which will provide customers with the… Read More
Xero (ASX: XRO), a global small business platform, announced on Monday it has acquired cloud-based invoice lending platform, Waddle. According to Xero, Waddle helps connect small businesses to invoice finance, a form of secured lending that relies on a business’s unpaid invoices. Founded in 2014,… Read More
Senso, a Canadian cloud-based AI platform that enables financial service providers to manage and grow their consumer credit portfolios, has reportedly secured $3 million through its pre-Series A funding round, which was led by Mendoza Ventures and BreakawayGrowth. Founded in 2016, Senso stated it is… Read More
Beacon Platform, a cloud-based enterprise technology and capital markets software solution vendor, announced on Thursday it secured $20 million through its Series B funding round, which was led by Centana Growth Partners, with participation from existing investors, PIMCO and Global Atlantic. Founded in 2014, Beacon… Read More
FundGuard, a U.S.-based cloud-based investment funds operating system powered by AI and designed to revolutionize the investment funds technology space, announced on Friday it secured $4 million through its seed funding round, which was led by venture firms Blumberg Capital and LionBird. The company also launched its… Read More
CapSpecialty, a provider of specialty insurance for small to mid-sized business in the U.S., announced on Tuesday the launch of DragonX, which is described as a cloud-based platform that streamlines the end-to-end submission and underwriting process for excess casualty coverage with competitive premiums and limit options…. Read More
Insly, a cloud-based insurance platform, announced last week it secured €2.2 million during its latest investment, which was led by Concentric and Black Pearls VC. Founded in 2000, Insly describes itself as an insurance software development company that offers insurance policy management for insurance brokers, insurance… Read More
Epazz, Inc. (OTCQB: EPAZ), a provider of cloud-based business software solutions, announced this week that the company will be launching a revenue-based crowdfunding campaign under Reg 506 (c), using its very own platform. The crowdfunding campaign is intended to increase Epazz’s sales, marketing and development personnel…. Read More
Envestnet, Inc. (NYSE:ENV), a leading provider of unified wealth management technology and services to financial advisors, and Yodlee, Inc. (Nasdaq: YDLE), a leading cloud-based platform driving digital financial innovation, announced that the Boards of Directors of both companies have unanimously approved a definitive agreement under which Envestnet will acquire all… Read More
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