Neo Financial attracts C$360m to fuel Canadian fintech growth amid venture funding slump

Pallavi Madhiraju- November 12, 2024 0

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?

Pallavi Madhiraju- November 11, 2024 0

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

Pallavi Madhiraju- October 10, 2024 0

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

Pallavi Madhiraju- September 17, 2024 0

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

Pallavi Madhiraju- September 8, 2024 0

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

Pallavi Madhiraju- September 8, 2024 0

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

Pallavi Madhiraju- September 8, 2024 0

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

Pallavi Madhiraju- September 8, 2024 0

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

Longbridge Group Singapore secures over $100m in funding to accelerate global expansion

Pallavi Madhiraju- July 1, 2024 0

Longbridge Group Singapore has announced a significant boost in its funding, having secured over USD $100 million from various investment institutions, including prominent Singaporean consortia. ... Read More

Avidia Bank partners with Q2 Holdings to revolutionize digital banking experience

Pallavi Madhiraju- June 28, 2024 0

Q2 Holdings, Inc. (NYSE: QTWO), a leader in digital transformation solutions for financial services, has been chosen by Avidia Bank to enhance its digital banking ... Read More