Tagged: saas

VC Professionals Launch Touring Capital to Invest in Growth Stage SaaS Startups

Nagraj Kashyap, Priya Saiprasad, and Samir Kumar announced the launch of Touring Capital, a venture capital firm focused on investing in the next generation of early-growth stage, AI-powered SaaS startups around the world. Touring Capital’s founding partners previously “led M12, Microsoft’s Venture Fund, and Qualcomm… Read More

UK’s LHV Bank Launches Enhanced SME Lending System

LHV Bank, the UK’s newest licensed bank, has rolled out a new loan system for its SME Lending division, transitioning to the cloud-based banking system of its SaaS partner, Tuum. This move consolidates the bank’s architecture, “enhances resource allocation, and establishes a robust futureproof framework,… Read More

Earnix, provider of SaaS solutions for global insurers and banks, names new CTO

Earnix, a provider of intelligent SaaS solutions for insurers and banks worldwide, announced the appointment of seasoned technology expert Erez Barak as its Chief Technology Officer (CTO) effective from September 10. With a rich career spanning over 22 years, including significant leadership roles at tech… Read More

Exiger to Sell Financial Crime Compliance Division to Capgemini

Exiger, a SaaS company that has transformed the manner in which corporations, government agencies, and banks handle supply chains, declared its intention to sell its renowned Financial Crime Compliance (FCC) division to Capgemini, a predominant business and tech transformation service firm. The conclusion of this… Read More

Real Estate Tech Firm Clear Capital Streamlines Appraisals for LenderX via AURA

Clear Capital, the national real estate valuation technology company, announced a partnership with LenderX, a real-estate valuations SaaS provider, “to deliver its lenders access to AURA, Clear Capital’s automated collateral underwriting solution.” LenderX is the first Clear Capital partner “to provide lenders with access to… Read More

Datasite Finalizes Acquisition of London’s MergerLinks, a Financial Data Platform

Datasite, an SaaS-based technology provider for global mergers and acquisitions (M&A) professionals, has completed the acquisition of MergerLinks, a London-based financial data platform used by finance professionals to find deal information, promote credentials and connect with investors, companies, and advisors for capital transactions. The acquisition… Read More

SaaS (Software as a Service) Startups Hit Hard by Economic Downturn, New Report Claims

The global economic slowdown has hit SaaS startups hard, according to an update from Capchase. With their customers looking for ways to reduce costs, many have “experienced increased churn, longer sales cycles, and tougher price negotiations.” But these effects have “not been felt evenly across… Read More

Green Fintech MVGX Launches Subsidiary for Carbon SaaS Products

MVGX Holdings, a Singapore-based green fintech group providing regulated financial services and end-to-end carbon Software-as-as Service solutions for a more inclusive and sustainable future, announced the establishment of a new subsidiary, MVGX Tech, “dedicated to Carbon SaaS products and services.” Frank Zhang, a fintech, ISO… Read More

LeaseQuery Celebrates SaaS Platform Stackshine Acquisition

LeaseQuery, a financial software provider, this week announced the acquisition of Stackshine, a SaaS spend management platform. Stackshine helps companies track and optimize their software spend and usage. With this acquisition, LeaseQuery said it hopes to address SaaS operations and spend management. With SaaS spending… Read More

Latin America: Cordada, Thought Machine to Close Funding Gap for LatAm based SMEs

Cordada, a private debt platform that caters to lenders and fintechs serving small and medium-sized enterprises (SMEs) in Latin America, has announced its partnership with Thought Machine. Cordada will use Thought Machine‘s cloud-native core banking platform, Vault Core, to develop highly personalised financial products “for… Read More

Finicast Secures Funding to Scale Fintech Platform for Collaborative Enterprise Planning

Finicast, a modern SaaS enterprise collaborative planning platform that enables teams to work together as they model, plan, forecast, and track performance, announced that it has raised $12.8M in seed funding, led by Celesta Capital. This will be instrumental in “furthering the company’s collaborative planning… Read More

UK Fintech ZILO Introduces Tech Platform for Global Transfer Agency Services.

ZILO, the UK based Fintech company, announces the go-live of its SaaS technology platform for global transfer agency services. ‍ ZILO has a mission to transform the global transfer agency market improving the technology of custodian banks and outsourcing organizations “thereby enabling them to offer… Read More

OakNorth Credit Intelligence Announces Product Enhancement of ON Climate App, Allowing Clients to Analyze Transition Risk, Impact

OakNorth Credit Intelligence (ONci), the SaaS partner for commercial banks to lend smarter, faster, and more, announces a major product enhancement of the ON Climate application that allows users to analyze transition risk and impact for each year up until 2050. The ON Climate application… Read More

AXA Hong Kong and Macau and CoverGo, an Insurance SaaS Core Platform, to Improve its CX

AXA Hong Kong and Macau (AXA) announced its collaboration with CoverGo, the global no-code insurance SaaS core platform for health, life, and P&C, “to improve AXA’s general insurance ecosystem in Hong Kong.” With the advanced technology supported by CoverGo, AXA will “use the insurtech’s platform… Read More

Financial Software: Melton Building Society Selects Finastra to Meet Evolving Client Requirements

Finastra, a global provider of financial software applications and marketplaces, announces that Melton Building Society has selected Finastra Essence, “deployed on Microsoft Azure cloud, to digitally transform its operations and provide the agility required to quickly implement new services.” Finastra‘s SaaS solution will “enable the… Read More

Mambu, an SaaS Cloud Banking Platform, Now Available on Google Cloud Marketplace

Mambu, an SaaS cloud banking platform, today announced it is now available on Google Cloud Marketplace. This opens the door for more fintechs, neobanks, traditional banks, and non-financial institutions “to embrace cloud technology.” The announcement builds on Mambu‘s existing partnership “with Google Cloud, which has… Read More

Capchase Deploys $100M+ in Funding for Women, Minority Founded Startups

Capchase, the provider of financing solutions for Software-as-a-Service companies, announced a milestone for its 2021 initiative to provide non-dilutive capital to women- and minority-led startups. Over the last two years, the company has “deployed more than $100 million in funding to these underserved groups using… Read More

Web3 Cybersecurity Firm Uppsala Security Unveils Relaunch of ChainKeeper, Introducing a New SaaS Model

Uppsala Security, a global cybersecurity pioneer headquartered in Singapore, announced the relaunch of ChainKeeper, their security platform, which now includes a brand new SaaS model. With this update, the company further “cements its commitment to providing robust, comprehensive, and user-friendly cybersecurity tools for the ever-evolving… Read More

Paris-based Fintech DJUST Raises €12M to Enhance B2B Commerce Across Europe, UK, US

DJUST, a B2B eCommerce SaaS platform created by ex-founding member of Mirakl, Arnaud Rihiant, announced that it has raised €12M in a Series A growth funding round to accelerate market expansion. The investment round was “led by New Enterprise Associates, Inc. (NEA), with additional participation… Read More

Fintech Earnix Introduces Pricing Accelerator to Address Market Changes with Agility, Speed

Earnix, the global provider of intelligent, composable, SaaS solutions for insurers, banks and auto lenders announced Pricing Accelerator, a pricing management workflow that enables business users and pricing committees “to make data-driven pricing decisions in real-time, accelerating organizational growth.” Dynamic pricing backed by analytical modeling… Read More

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