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Zendesk Selects Gong to Drive Next-Generation AI Revenue Growth

Gong, the leading revenue AI platform, has announced that it has been chosen by Zendesk, a market leader in AI-driven customer service solutions, to enhance the launch and sales of its next-generation AI product suite. By leveraging Gong’s platform, Zendesk aims to improve the precision and efficiency of its go-to-market teams, ultimately driving higher revenue growth.

Through this partnership, Gong will support Zendesk in transforming its revenue strategy by providing AI-powered coaching, real-time insights, and strategic visibility across the entire customer journey. As Zendesk intensifies its focus on growing new product revenue and improving customer retention, Gong’s platform will help increase win rates, reduce churn, and boost sales productivity through actionable intelligence tailored for modern revenue teams.

Craig Flower, Chief Information Officer at Zendesk, explained that the company is building an AI-driven revenue organization designed to deliver predictable growth with clarity and precision. He emphasized that achieving this goal requires comprehensive datasets, deep customer insights, and workflow automations that enhance efficiency. With Gong, Zendesk anticipates higher productivity, improved conversion rates, and stronger performance for its next-generation AI offerings.

After a thorough evaluation, Zendesk selected Gong for its robust data engine and AI capabilities, which transform customer interactions into revenue-generating insights. Gong detects patterns, guides sellers, forecasts outcomes, and automates workflows, enabling sales teams to make smarter, faster decisions.

By adopting Gong’s platform, Zendesk aims to accelerate team effectiveness, uncover actionable insights across the revenue lifecycle, and optimize sales performance. AI-powered coaching will reduce ramp times, elevate manager effectiveness, and enable sellers to better engage the right prospects with the right strategies. Gong’s analytics and forecasting capabilities will further enhance sales visibility, allowing for more predictable revenue growth.

Shane Evans, CRO of Gong, noted that Zendesk’s selection of Gong reflects the strategic value of its revenue AI platform. With Gong, Zendesk will consolidate sales intelligence tools, optimize manager effectiveness, and create repeatable upsell playbooks, positioning the company for scalable growth and long-term success in the AI-driven era.

Avalara Unveils the Future of Agentic Tax and Compliance at Oracle AI World

Avalara, Inc., a leader in agentic tax and compliance solutions and an Oracle partner, has announced its participation at Oracle AI World 2025 in Las Vegas, where it will unveil the next wave of AI-powered innovations for global tax and compliance management. At the event, Avalara will demonstrate how its latest agentic AI technologies, deeply integrated with Oracle Fusion Cloud Enterprise Resource Planning (ERP), are transforming compliance efficiency, lowering costs, and helping organizations stay compliant with evolving global regulations.

Visitors at Booth 7011 will be able to explore Avalara’s intelligent onboarding experience, which simplifies and accelerates compliance setup within Oracle systems. These innovations represent the next stage in enterprise tax automation, where AI acts as an adaptive partner—responding to complex compliance needs and streamlining traditionally manual workflows.

Through its collaboration with Oracle, Avalara is showcasing how agentic AI can make compliance smarter and more scalable. The enhanced framework allows organizations to navigate ever-changing regulatory landscapes while optimizing efficiency and accuracy. The company’s advanced AI-driven onboarding enables faster Avalara deployment within Oracle Cloud ERP environments, minimizing integration complexity and reducing time-to-value. In addition, its new e-invoicing advancements are designed to support diverse international tax mandates while reducing human error and operational strain.

Meg Higgins, Senior Vice President of Global Partners at Avalara, emphasized that the company’s continued partnership with Oracle reflects a shared commitment to innovation and reliability in compliance. “Our goal is to empower enterprises with intelligent, automated systems that simplify regulatory management and drive business agility,” she said. “Oracle AI World 2025 offers the ideal setting to demonstrate how our AI-powered approach is redefining tax and compliance for the modern enterprise.”

Since 2013, Avalara and Oracle have worked together to simplify global tax compliance for growing businesses, enabling seamless automation of critical regulatory processes. David Hicks, Group Vice President of the ISV Ecosystem at Oracle North America, noted that the partnership helps customers use cloud and AI technologies to improve operational efficiency and make smarter, data-informed business decisions.

Algebrik AI Partners with Scienaptic AI to Embed Intelligent Credit Decisioning in LOS

Algebrik AI Inc., a Delaware-incorporated company headquartered in New York City and recognized for pioneering the world’s first cloud-native, AI-powered, digital-era Loan Origination System (LOS), has announced a strategic partnership with Scienaptic AI, a leading AI-driven lending platform. This collaboration enables Algebrik users to seamlessly access Scienaptic AI’s advanced decisioning signals for credit underwriting, fraud prevention, pre-qualification, onboarding, perpetual offers, and early warning—all directly integrated within Algebrik’s LOS. The partnership creates a fully streamlined lending workflow, delivering intelligent, AI-led decisions at every customer touchpoint while minimizing IT effort and eliminating the need for additional vendor management.

The integration is designed to align with real-world lending operations rather than functioning as a standalone tool. From pre-qualification through funding and into account servicing, Scienaptic AI’s decisioning can be invoked at the most relevant points within Algebrik’s workflows, helping to guide approvals, determine conditions, and define review paths. Application data, credit bureau information, and lender inputs are securely passed to Scienaptic AI for analysis and returned to Algebrik, allowing lenders to take next-best-action steps without leaving the system of record. This approach ensures that every decision and recommendation occurs where work naturally happens, keeping lending teams efficient and focused.

For members, this partnership translates into faster credit decisions, fewer back-and-forth steps, and a consistent experience across mobile, web, and branch channels. Lending teams benefit from reduced fragmentation, shorter cycle times, and a clear path to scaling operations. By embedding AI decisioning directly into the LOS, Algebrik and Scienaptic AI are enabling lenders to respond more quickly, reduce operational complexity, and provide a smoother, more member-centric experience.

Pankaj Jain, Founder and CEO of Algebrik AI, emphasized that lenders are seeking modern workflows without operational burdens, and this partnership achieves precisely that by integrating Scienaptic AI decisioning into the platform they already use. Pankaj Kulshreshtha, Founder and CEO of Scienaptic AI, noted that the mission is to make AI-powered credit decisioning simple and accessible for every lender. With Scienaptic AI signals now embedded directly within lending workflows, credit unions can approve more members, reduce risk, and accelerate growth through responsible, data-driven intelligence. The integration is now available to all Algebrik users, granting immediate access to enhanced underwriting, fraud prevention, and lifecycle decisioning capabilities within the LOS.

Duranta Introduces Embedded Payment Links to Boost Cash Flow for Landscapers

Duranta, the AI-driven software platform designed specifically for landscaping and green-industry professionals, has introduced a new feature that allows secure payment links—supporting credit cards, debit cards, and other popular methods—to be embedded directly into customer invoices. This enhancement enables landscapers to get paid faster, improve cash flow, and reduce one of the most persistent pain points in the industry: managing finances during seasonal fluctuations and unpredictable billing cycles.

“Cash flow is the lifeblood of every landscaping business,” said Samuel Adeyemo, CEO of Duranta. “Our goal is to make it easier for our customers to receive payments quickly and keep more of what they earn.”

What sets Duranta’s new payment feature apart is its seamless integration with existing workflows and its commitment to affordability. The process is simple—users can turn a proposal or estimate into an invoice within seconds, set up recurring payments if needed, and track an invoice’s entire history through an automated audit trail. Invoices can be shared via email or text, allowing customers to pay instantly using the secure embedded link.

“We worked hard to ensure low processing fees because we understand the financial pressures our customers face,” added Adeyemo. “In an environment where costs are rising, we wanted this to be a genuinely valuable and cost-effective tool.”

Each invoice now includes a personalized, secure payment link for one-click checkout, eliminating the need for logins or complex payment portals. Customers can choose from multiple payment options, including credit and debit cards, as well as digital wallets, all within a streamlined process. The system’s automation reduces manual follow-ups, eliminates paper checks, and accelerates funding while providing real-time payment confirmations and tracking.

Built for use in the field, the mobile-friendly design allows crews to send invoices and accept payments immediately after completing a job. By bridging the gap between project completion and payment collection, Duranta’s payment-enabled invoicing helps business owners improve cash flow predictability, reduce administrative tasks, and maintain steady growth year-round.

The new invoice payment feature is now available to all Duranta customers, and setup takes only a few minutes, enabling immediate use and faster access to funds.

Payroc and BlueSnap Unite to Deliver Seamless Cross-Border Payment Solutions

Payroc, a prominent payments platform and merchant acquirer, has officially completed its acquisition of BlueSnap, the Boston-based global payment orchestration and accounts-receivable automation platform. Originally announced after a definitive agreement on July 31, 2025, the acquisition is now finalized, with BlueSnap’s technology and team immediately integrating into Payroc’s operations.

This strategic merger unites Payroc’s direct-connect acquiring infrastructure with BlueSnap’s API-first orchestration capabilities, creating a streamlined, single-integration solution for cross-border card-not-present (CNP) transactions, embedded invoicing, and automated accounts receivable. The combined platform will provide customers and independent software vendors (ISVs) with local acquiring options in key international markets, unified billing and reconciliation processes, and developer-friendly tools designed to accelerate global commerce and reduce time-to-market.

“This closing represents a major milestone for Payroc,” said Jim Oberman, CEO of Payroc. “Integrating BlueSnap’s orchestration layer with our acquiring network allows us to provide enterprise-level global CNP coverage and scalable receivables automation, while maintaining the high-touch service our partners have come to expect.”

Gavin Cicchinelli, President of BlueSnap, emphasized the benefits for clients, stating, “This partnership is transformative. Customers will benefit from broader distribution, enhanced capabilities, and accelerated global innovation, all supported by Payroc’s extensive acquiring relationships and commitment to service excellence.”

The combination of Payroc and BlueSnap aims to redefine the global payments landscape by simplifying operational complexity, enabling faster growth, and powering the evolution of embedded payment solutions. By merging robust acquiring capabilities with advanced payment orchestration, the new entity provides businesses with an integrated, scalable platform capable of meeting the demands of global commerce, ensuring smoother operations, and driving innovation in the rapidly evolving payments ecosystem.

This acquisition underscores both companies’ commitment to supporting enterprises and developers with comprehensive, efficient, and future-ready payment solutions, reinforcing their position as leaders in cross-border and embedded payment technologies.

Open Banking Solutions Partners with GenAspire to Empower Next-Gen Credit Union Members

Open Banking Solutions (OBS), a cloud-based core and digital banking platform designed to give community-focused financial institutions a competitive advantage, has announced a strategic partnership with GenAspire, the teen banking solution formerly known as Copper Banking. GenAspire collaborates with credit unions to provide schools nationwide with engaging, hands-on tools that make complex financial concepts relatable and interactive. The platform supports teens and young adults in opening their first bank accounts, accessing digital banking services, building financial literacy, and cultivating the skills needed for long-term financial independence.

This partnership enables credit unions to leverage OBS’s low-code, cloud-based, end-to-end core banking platform while utilizing GenAspire’s technology to connect with the next generation of members. By combining OBS’s scalable digital infrastructure with GenAspire’s youth-focused financial programs, credit unions can operate more efficiently and innovate in ways that legacy systems often limit. Together, the collaboration addresses two major challenges facing the industry: attracting younger members and modernizing operations for growth.

OBS is led by a team of fintech veterans with a track record of developing community-focused banking solutions, including the DNA Platform. Earlier this year, OBS also introduced tailored digital services specifically for community banks and credit unions. GenAspire’s selection of OBS as its next-generation core platform marks a significant step in enhancing operational efficiency and member engagement.

Both OBS and GenAspire are part of Black Dragon Capital℠, a multi-phase investment firm focused on disruptive technologies that strengthen economic stability within communities. The firm has supported multiple innovative credit unions and CUSOs in exploring advanced technology solutions tailored to the credit union movement.

“GenAspire and Open Banking Solutions complement each other in optimizing credit union processes. We are excited about this partnership and the opportunities it creates for engaging the next generation of members,” said Kenny Stivers, General Manager of GenAspire.

Joe Lockwood, CEO of OBS, added, “Partnering with GenAspire, a company committed to empowering youth through financial literacy and high school banking technology, allows us to address critical industry challenges and help credit unions deliver exceptional services to their members.”

Terzo Unveils NirvanAI: The Future of Enterprise Contract Intelligence

Terzo, the enterprise AI platform transforming how organizations manage contracts and spending, has unveiled NirvanAI, the next generation of its intelligent contract management system. Positioned as the future of contract intelligence, Terzo’s platform is already trusted by leading Fortune 500 companies such as Cisco, The Home Depot, Delta Air Lines, and BlueCross BlueShield. The platform has not only delivered billions in savings but also helped enterprises eliminate manual processes and strengthen regulatory compliance.

Built to extract, analyze, and structure contract data with exceptional precision, Terzo’s core platform now evolves further with NirvanAI. This new upgrade integrates generative AI, intelligent assistants, autonomous agents, and advanced reporting to transform raw contract data into strategic decisions. While Terzo initially specialized in managing supplier contracts and spend, NirvanAI expands its scope to encompass customer and partner agreements, consolidating all contract types within a single, unified AI environment. The new interface replaces traditional SaaS dashboards of menus and filters with an intuitive, conversational experience, allowing users to engage naturally through a command-style terminal or simple text prompts.

NirvanAI’s unified data architecture for finance seamlessly connects past expenditures, upcoming contractual obligations, and generative AI insights to maximize financial efficiency across the enterprise. Tasks that once required extensive manual input, spreadsheet analysis, and time-consuming presentations can now be completed instantly with on-demand automation.

The results are profound: enterprises gain faster visibility, uncover hidden value, and proactively identify risks before they escalate. With the ability to search through thousands of documents and billions in contracts within seconds, teams can generate executive insights in minutes. Delivering measurable ROI within 90 days, NirvanAI offers precision and scalability built for enterprise demands.

Globally, businesses lose more than $3 trillion annually due to contract mismanagement, compliance gaps, and missed opportunities—amounting to nearly 9% of annual revenue lost from poor contract visibility. Terzo aims to reverse that trend. By centralizing revenue, spend, and contract intelligence into one ecosystem, NirvanAI enables organizations to achieve up to 10% optimization in expenditures by revealing hidden inefficiencies, rebates, and obligations. Unlike traditional tools that focus on retrospective analysis, NirvanAI provides predictive intelligence, empowering leaders to anticipate and act with confidence.

“Enterprises monitor countless data points but often overlook the most critical one—their contracts,” said Brandon Card, CEO and Founder of Terzo. “Contracts are the blueprint of financial control, shaping spend, revenue, and risk. NirvanAI is more than a tool—it’s the Financial Command Center for modern business. Companies that adopt it won’t just save money; they’ll redefine how they manage and design their future.”

DXC Technology Launches APEX Program to Streamline Integration Between Insurers and Certified InsurTech Providers

DXC Technology, a leading Fortune 500 global technology services provider, today announced the launch of the DXC APEX (Assure Platform Ecosystem Exchange) Program, a new initiative that creates a central hub for integration among (re)insurers, brokers, and certified InsurTech providers through the DXC Assure Platform. The program addresses a longstanding industry challenge: fragmented, complex, and costly integration with third-party solutions. By providing pre-built integrations between DXC products and APEX partner offerings, the initiative enables (re)insurers and brokers to adopt new capabilities and services faster, reduce operational friction and security risks, and achieve efficiencies across their businesses.

The DXC Assure Platform is a comprehensive cloud-based service that allows insurers to protect, extend, and transform core systems while reducing costs and risks. Serving as the foundation for DXC’s Insurance SaaS offerings, the platform supports both legacy and next-generation systems with hosting, compliance, security, operational insights, and seamless integration. Leveraging advanced AI tools and automation, insurers can streamline critical processes and accelerate their path toward fully digital operations.

“The launch of the DXC APEX Program marks a significant step forward in our commitment to helping the insurance industry embrace innovation,” said Patrick Molineux, Vice President of Global Offerings at DXC. “By expanding our certified partner ecosystem, APEX enables insurance providers to modernize faster, adopt emerging technologies, and enhance security and operational efficiency. With these tools, insurers can operate more resiliently and deliver greater value to their customers.”

Several InsurTech providers have already joined the DXC APEX Program, helping DXC customers streamline workflows, reduce costs, and drive sustainable growth. Martin Henley, CEO of mea Platform, said, “Joining forces with DXC aligns with our mission to transform the insurance industry through AI-driven products. Together, we are delivering tools that boost productivity, protect margins, and enable continuous innovation, creating tangible value for (re)insurers and brokers globally.”

With over 40 years of industry expertise, DXC is the trusted partner for 21 of the top 25 insurers worldwide. As the leading provider of core insurance systems, DXC continues to innovate, reducing complexity and costs across more than one billion policies processed on its software. The DXC APEX Program reflects DXC’s ongoing commitment to modernizing the insurance industry and creating engaging, efficient experiences for today’s providers.

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$820M Milestone: iCapital Powers Ahead in Modernizing Global Investment Access

Global fintech leader iCapital has raised over $820 million in its latest funding round, pushing its valuation beyond $7.5 billion. The financing was co-led by T. Rowe Price and SurgoCap Partners, with ongoing backing from existing investors Temasek, UBS, and BNY, and support from State Street.

Founded in 2013, iCapital provides a comprehensive technology and data infrastructure platform that simplifies access to alternative investments, structured products, and annuities. Its unified system allows financial advisors, wealth managers, and asset managers to manage these offerings alongside traditional investments at scale.

The newly secured funds will help advance iCapital’s global acquisition strategy, accelerate international expansion, and support further technological innovation across its services. Over the years, the company has invested more than $700 million into developing its platform and has completed 23 strategic acquisitions, including names like Mirador, AltExchange, and Parallel Markets. These moves have contributed to the firm’s rapid growth, which now includes a workforce of 1,875 across 16 global offices. iCapital’s platform currently supports over 750 product providers and more than 3,000 wealth management firms, offering access to 2,100 funds and serving 114,000 active financial professionals.

The deal’s financial advisor and placement agency was Goldman Sachs, while its legal counsel was Ropes & Gray.

CEO Lawrence Calcano emphasized that this funding is not just a vote of confidence from investors, but a catalyst to accelerate the company’s mission of enhancing the investing experience. He reiterated the company’s commitment to delivering technology-driven solutions that empower advisors and managers with the tools and insights they need to offer exceptional service in an evolving financial landscape.

David DiPietro of T. Rowe Price praised iCapital for building a platform that is becoming essential to private markets investing, highlighting its blend of sophisticated technology and deep market understanding.

Efficacy Joins Stitch: A New Era for Card Clearing and Merchant Services in SA

Leading South African payments infrastructure provider Stitch Group has announced that it has acquired Efficacy Payments, a digital payments business with headquarters in Cape Town that specializes in cash deposit and card acquiring solutions. While the financial terms of the deal remain confidential, the move is positioned as a strategic step to expand Stitch’s role in the local payments landscape.

With this acquisition, Stitch intends to offer merchants direct card acquiring services as a DCSP, a role that allows the company to facilitate direct card clearing for both online and in-person payments. Efficacy, established in 2016, has held DCSP status since 2021, bringing regulated clearing experience to Stitch’s growing portfolio.

The integration of Efficacy’s technology is expected to unlock a number of operational benefits for Stitch’s clients. These include better conversion rates at checkout, reduced transaction costs, real-time reporting, and more efficient reconciliation processes. Stitch also highlights that merchants will gain faster access to innovative product features and updates as a result of this enhanced infrastructure.

Junaid Dadan, Stitch’s president and co-founder, commented on the announcement, noting that card processing remains a core need for South African businesses. He emphasized the opportunity to improve key aspects such as transaction success rates, reconciliation systems, and accessibility to cutting-edge technology.

This deal follows Stitch’s earlier acquisition of Dutch fintech ExiPay in January, which added in-person payment functionality to the company’s existing online payment solutions. The company’s consistent growth led to a $55 million Series B investment round in April, which was led by QED Investors. This round brought Stitch’s total funding to $107 million, further reinforcing its ambition to build a full-stack payments infrastructure offering for the South African market.

With Efficacy now part of its ecosystem, Stitch is well-positioned to deliver an end-to-end payment experience across digital and physical channels.

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Timestamp Partners with BitGo to Power Innovative Capital Formation

Timestamp Financial, a regulated investment platform for startup investing, today announced a strategic partnership with BitGo, the leading infrastructure provider of digital asset solutions, through which BitGo will serve as Timestamp’s official custodian and escrow partner.

Timestamp’s integration of BitGo’s custody and escrow solutions is the first step towards their forward-looking strategy for startup capital formation. Soon after the initial phase of this integration, founders and investors will be able to participate in regulated investment offerings using bitcoin without compromising on security, trust, or regulatory integrity. The partnership marks a tangible step towards the responsible financialization of bitcoin.

“Partnering with BitGo sets the stage for the development of capital formation infrastructure aligned with the Bitcoin standard.” said Arman Meguerian, Founder and CEO of Timestamp. “Our mission is to give founders and investors a secure, compliant, and accessible path to raise and deploy capital in a rapidly evolving financial landscape. That requires regulatory clarity and institutional-grade systems, which BitGo delivers at the highest level.”

“We’re proud to partner with Timestamp to bring secure, regulated infrastructure to the frontier of startup investing,” said Mike Belshe, Co-founder and CEO of BitGo. “This collaboration represents a powerful step forward in aligning capital formation with the principles of sound money and digital asset security. Through the integration of BitGo’s institutional-grade custody and escrow services with Timestamp’s innovative platform, we aim to establish the financial infrastructure that will underpin a Bitcoin-native future.”

In the next phase of this partnership, Timestamp and BitGo plan to lay the groundwork for a new era of capital formation—one that is bitcoin-native, regulation-ready, and designed for a world operating on the bitcoin standard.

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Start Anytime: ezAccounting Payroll Software Built for Mid-Year Setup and Business Growth

ezAccounting software from Halfpricesoft.com — An all-in-one solution that simplifies payroll, 941efiling and tax management without breaking the bank. Clients have full control at their fingertips, by giving businesses the ability to start using its powerful payroll features any time during the year —no waiting, no hassle.

With ezAccounting manual YTD feature, you do not have to enter the old paychecks one by one. You can enter the summary information of the old paychecks quickly.

Mid-year setup is simple, seamless, and cost-effective with ezAccounting Business Software,” said Dr. Ge, Founder of Halfpricesoft.com.

ezAccounting is a powerful all-in-one solution built for accountants, agricultural businesses, and business owners—making it easy to track income and expenses, process payroll, print checks, generate detailed reports, and prepare tax forms with confidence.

ezAccounting offers both payroll and bookkeeping tools in one easy-to-use solution—ideal for small businesses and accounting professionals alike. Whether you’re new to accounting software or switching from QuickBooks, ezPaycheck, or another program, transitioning to ezAccounting is quick, intuitive, and stress-free.

Switching to new software mid-year might seem daunting, but it can offer significant advantages —especially when the current system is costly, inefficient, or lacking features.

Tax professionals are turning to accounting software with payroll integration to streamline operations, reduce errors, and save time. With payroll and bookkeeping in one platform, there’s no need for duplicate entry or multiple systems. Automated tax updates, built-in compliance checks, and integrated reporting tools help ensure accuracy while supporting efficient, scalable client service.

Tax Form Processing: Included in the software are W2, W3, 940 and 941 printing. We also have a NEW ezAccounting add on feature e941 for busy clients. To e-file 941, 940, and 94x forms, clients can purchase the efile service here. For those filings, the charge is determined by each form sent starting at $5.95 but rapidly decreasing in cost.

Make the switch mid-year with confidence. ezAccounting Business Software offers a seamless, affordable setup—no disruptions, no hidden fees. Gain full control over payroll, tax reporting, and business finances today. Stay compliant, save time, and simplify your operations— start now.

At Halfpricesoft.com, our goal is to empower Accountants, CPAs and SMBs with affordable, reliable, and easy-to-use software solutions that simplify payroll, streamline operations, and support efficient financial management. Trusted by thousands, we are committed to helping business owners save time and reduce costs through innovative online and desktop tools.

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Enterprise WealthTech XFOLIO lands $2m seed funding

XFOLIO, a French and Lebanese-based FinTech company redefining institutional wealth management, has successfully closed a $2m seed funding round.

The investment was fully provided by Middle East Venture Partners (MEVP), and will enable XFOLIO to accelerate its product development, expand into new markets across MENA and Europe, and form strategic partnerships.

Founded in 2024 by serial entrepreneur Anis Rahal, who previously founded TreasuryXpress before it was acquired by Bottomline Technologies, XFOLIO offers a unified platform that merges portfolio management and treasury automation into a single cloud-based system.

The platform is designed to help financial institutions, family offices and wealth managers consolidate, automate and visualise both bankable and non-bankable assets. It leverages financial messaging standards to deliver a first-of-its-kind application that addresses growing demand for streamlined digital solutions.

The newly secured capital will support the company’s go-to-market strategy and fund the development of AI-powered recommendation tools and cross-bank trading features.

Middle East Venture Partners partner Jad El Boustani said, “We believe XFOLIO is building the future of enterprise WealthTech.

“Anis and the co-founders bring unmatched expertise in financial connectivity and portfolio management. Their solution addresses a critical gap in the market: modern, cost-effective tools for mid-sized wealth managers who have been left behind by legacy systems. It is an honor to be working again with Anis and his team.”

XFOLIO co-founder and CEO Anis Rahal said, “At XFOLIO, we believe that Treasury and Wealth Management should be unified into a single, seamless system. Both sectors depend on one critical success factor: real-time connectivity to market data providers. We find the current pricing in the market to be excessive, largely due to legacy systems that fail to leverage modern, cutting-edge technologies. XFOLIO is here to change that. We’re introducing fair, transparent pricing – and our mission is to democratize access to both Treasury and Wealth Management solutions.”

Whalet and TerraPay team up to boost SME global payments

Whalet has announced a strategic partnership with global money movement firm TerraPay to deliver seamless cross-border payout solutions aimed at supporting small and medium-sized enterprises (SMEs).

The collaboration will focus on simplifying international transactions for Whalet’s core customers — cross-border sellers from the Asia-Pacific region — while improving overall payment efficiency.

TerraPay vice president – IMT (APAC) Sukesh Malliah said, “This partnership enhances global payouts, ensuring businesses can move funds effortlessly. By working with Whalet, we’re enabling a more accessible and efficient payout experience for SMEs and marketplace sellers, empowering businesses to operate seamlessly across multiple regions.”

Whalet founder and CEO Nicholas Liao added, “Partnering with TerraPay strengthens our ability to offer reliable payouts for cross-border trade enterprises and e-commerce marketplace sellers. This collaboration ensures our customers can efficiently manage transactions while optimizing financial processes worldwide.”

Whalet focuses on providing SMEs with a wide suite of global payment services. Its offerings include one-click store setup, multi-currency global accounts, pay-ins, payouts, currency exchange, and card issuance. The firm holds payment licences in Singapore, the US, and Hong Kong SAR, ensuring its operations meet compliance standards across key international markets.

With international commerce rapidly evolving, both Whalet and TerraPay are focused on building a robust financial ecosystem that enables SMEs to pursue growth across borders. Their joint solution aims to provide reliable, frictionless payout networks that align with SMEs’ global expansion goals.

Whalet’s mission is to help SMEs approach global trade with confidence, offering secure and cost-effective cross-border solutions that cover a wide range of services from store setup to multi-currency management. The company currently supports transactions in 39 major currencies and partners with financial institutions worldwide to ensure businesses can scale efficiently while meeting regulatory demands.

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European Fintech Paynt Acquires Canada-Based E-xact Transactions to Accelerate North American Expansion

Paynt, a leading European payment technology company, today announced its acquisition of Canadian firm E-xact Transactions, marking a major milestone in the company’s strategic expansion across North America.

Paynt currently processes payments across the European Economic Area and the United Kingdom, with regional offices in the UK, Ireland, the Baltic States, and the United States. The acquisition of E-xact, which processes over CAD 3.5 billion annually across more than 50 million transactions, will add a new operational hub in Vancouver, Canada.

To support this North American growth, Paynt has appointed payments industry veteran JohnPaul Golino to its board of directors. Golino will lead the integration of E-xact into Paynt’s platform and oversee regional go-to-market efforts.

“With a new established presence in Connecticut and Vancouver, we’re entering a new chapter in building Paynt’s North American footprint and reinforcing our global leadership in payment solutions,” said Sam Kohli, founder and Group CEO of Paynt.

Founded over 25 years ago, E-xact Transactions delivers lightning-fast, secure payment processing — with sub-one-second transaction times — and supports leading e-commerce platforms such as Shopify, Magento, and WooCommerce.

“This acquisition not only expands our reach but enhances the solutions we bring to merchants and partners across Canada,” said JohnPaul Golino. “We thank MAPP Advisors for their guidance in connecting us with E-xact — this is the beginning of a powerful new phase.”

Paynt is also actively evaluating additional acquisition targets in the United States, with plans to finalize another deal by the end of 2025.

Saphyre Launches AI Agent for Onboarding, Enabling Fund Launch by Email

Saphyre, the leading fintech platform for pre-trade and post-trade intelligent automation, today announced the launch of its AI Agent for Onboarding, a game-changing capability that allows brokers and clients to initiate full fund onboarding simply by sending an email.

With no portals, forms, or extra tools required, the AI Agent for Onboarding enables firms to meet their clients exactly where they are in their inbox. Clients of brokers can submit onboarding requests by emailing their required data points and documents. From there, Saphyre’s AI reads the message and attachments, intelligently parses the data, and automatically starts the onboarding process.

“The same emails your clients send today can now kick off a complete onboarding without any back-and-forth and manual rekeying or specialized formatting” said Stephen Roche, President and Co-Founder of Saphyre. “This is real operational efficiency, at scale.”

If any required data or documents are missing, Saphyre’s AI Agent for Onboarding follows up with a clean, automated request — asking only for what is needed. Once all information is collected, the system passes the request to the broker operations team for final review and approval. The onboarding is then seamlessly processed through their internal systems, via API integrations.

“We’ve eliminated the tedious steps that slow teams down,” Roche added. “Instead of chasing clients for missing information or copying data from emails into static forms, brokers can now focus on higher-value tasks — and get their clients to market faster.”

“This isn’t a chatbot or assistant. It’s a fully integrated AI capability designed to reduce onboarding timelines, eliminate inefficiencies, and improve client experience,” said Gabino Roche, CEO and Founder of Saphyre. “With our AI Agent for Onboarding, firms can operate smarter, move faster, and scale without sacrificing control.”

The AI Agent for Onboarding reflects Saphyre’s continued commitment to transforming operational processes through intelligent automation helping firms thrive in an increasingly fast-paced and regulated market.

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