Cardo AI raises $15m to disrupt outdated systems in asset-based finance
Cardo AI, a leading next-generation asset-based finance and private credit technology platform, has raised $15 million in its Series A funding round. The investment was ... Read More
Nuvei completes $6.3bn private equity acquisition, reshaping its growth strategy
In a pivotal move for the financial technology sector, Nuvei Corporation has completed its transition to a privately held company following an all-cash acquisition by ... Read More
Neo Financial attracts C$360m to fuel Canadian fintech growth amid venture funding slump
In a remarkable stride for Canadian fintech, Neo Financial has closed a CAD $360 million Series D funding round, one of the largest in the ... Read More
SoFi Technologies Inc. stock explodes over $14—what’s fueling this massive surge?
In a remarkable display of market momentum, SoFi Technologies Inc. has witnessed its stock price surge beyond the $14 threshold, marking its most significant five-day ... Read More
Intellect Design Arena launches cutting-edge eMACH.ai Cloud for Wholesale Banking
Intellect Design Arena Limited's transaction banking division, Intellect Global Transaction Banking (iGTB), has introduced a pioneering platform known as eMACH.ai Cloud for Wholesale Banking. This ... Read More
Infosys and LIC join forces for ambitious digital transformation initiative
Infosys, a global IT services and consulting company, has announced a significant partnership with the Life Insurance Corporation of India (LIC), India’s largest life insurer, ... Read More
Why Lithic’s move to Canada is a big deal for fintechs and cross-border trade
Lithic, a prominent card issuing and payments platform, has announced its expansion into the Canadian market with the introduction of multicurrency processing capabilities. This marks ... Read More
WCAS buys EquiLend—What this means for the future of securities finance tech
Welsh, Carson, Anderson & Stowe (WCAS), a prominent private equity firm specializing in information and business services, has successfully completed its acquisition of EquiLend, a ... Read More
Ingo Payments acquires Deposits Inc., launches modern money stack to transform money mobility for banks and corporates
Ingo Payments, a leader in digital account funding and disbursements, recently acquired Deposits Inc., a Dallas-based provider of modern banking software infrastructure. This acquisition is ... Read More
Trustly partners with Newline by Fifth Third to Enhance U.S. payment capabilities
Trustly, a global leader in Open Banking Payments, has entered into a strategic partnership with Newline by Fifth Third Bank to innovate and expand payment ... Read More