WealthCo Asset Management taps Duco to automate manual data tasks
WealthCo says the Duco platform has helped it build “volume-agnostic” automated processes.
WealthCo says the Duco platform has helped it build “volume-agnostic” automated processes.
Crager is due to transition into the role of senior advisor upon his departure from the company’s leadership.
Financial terms of both the acquisitions were not disclosed.
The credit union has adopted the FusionIQ One platform to power its ascent into digital investing services.
Form3 hopes to leverage Arora’s “significant experience” in founding and scaling up fintech companies.
New York-based OpenTransact is a self-serve banking platform built to support high-risk businesses.
Learn how KY3P from S&P Global Market Intelligence can help manage supplier risk and identify new sources of supply.
The credit facility has been provided by Citi and long-time financing partner Fasanara Capital.
Ncontracts hopes to strengthen its position in the US market and expand its offerings.
The deal, for an undisclosed sum, is expected to close in the second half of 2024.
First Bank’s Bala Nibhanupudi says it’s “the final step in our years-long digital transformation journey”.
The round was led by Tribe Capital, with participation from Cervin Ventures and Tru Arrow, among others.
Eric Pointer, president and CEO of CUTX, says the partnership will enable it to serve an untapped market.
We take a look at some of the fintech predictions being made by industry experts for 2024.
The VC firm says the latest fund takes its total assets under management to over $1.4 billion.
The bank is expected to establish itself as a state-chartered, corporate bank with a B2B offering.
Sol Zlotchenko and Daniel Zayfman join VersiFi as CPTO and CISO, respectively.
Bradley brings more than 35 years of experience leading product and technology teams across banking and payments.
This latest investment brings Pontera’s total funding to date to $160 million.
Liberis plans to go live in Canada, Germany and Poland in 2024.
The partnership will enable Allica’s business customers to make “transparent and low-cost” international payments.
Cook previously served as chief innovation officer at Valley National Bank for 11 months.
Stanton previously spent the best part of two decades in senior roles at Mastercard.
HSBC executives Vinay Mendonca and Shehan Silva have been appointed as CEO and COO of the new JV, respectively.
The BaaS model will enable Egypt’s non-bank firms to integrate banking services into their product lines.
The US banking giant is aiming to boost its presence and service offerings in the UAE.
Trafalagar plans to launch its new platform, running on Vault Core, in Q2 2024.
The bank was flagged by the OCC last year for “unsafe or unsound” practices concerning its BaaS business.
“Our consumer brand growth was falling short of our goals,” says HMBradley CEO and co-founder Zach Brunke.
The deal will be completed through Advent’s new payments company, AI Circle Bidco.
Anand first joined Brex in January 2022 as chief product officer.
Picus Capital, Coatue, Crane Venture Partners, Inkef, and a number of angel investors also participated in the round.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Created 20 years ago, Lynx leverages AI and machine learning to detect and prevent financial crime.
By moving to the cloud, AWS claims that MUFG has been able to reduce IT operational costs by 20%.
The bank says the platform will enable it to deliver “affordable term loans” directly to its SMB customers.
The company’s acquisition by its senior executives is expected to be completed this month.
The latest cash injection brings Arch’s total funding to date to over $25 million.
Bloomberg reports that an official announcement regarding the potential acquisition could arrive within a week.
SimCorp and Axioma are both subsidiaries of the Deutsche Börse Group.