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nCino and IBM Complete Successful Go-Live of Tokyo-based Kiraboshi Bank


nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, announced that Kiraboshi Bank, a regional bank based in Tokyo, Japan, is live on the nCino Bank Operating System. The JPY 6,361.4 billion-asset Bank implemented nCino’s Commercial Banking Solution to enhance its business financing, part of its journey

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InsurTech bolttech secures Series B funding


bolttech, one of the world’s fastest-growing international InsurTech companies, announced Tokio Marine, alongside other shareholders, will lead bolttech’s Series B funding round. One year after closing the largest Series A funding round ever for an InsurTech, the investment values bolttech, Singapore’s own native InsurTech unicorn, at an up-round valuation of roughly $1.5 billion. Bolttech’s strengths and

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OKX partners with Pyth Network


OKX, the world’s second-largest cryptocurrency exchange, today announced that it is partnering with Pyth network, a next-generation Oracle solution built on the Solana blockchain and designed to provide trusted and verifiable market data to decentralized applications. “Given the recent liquidation events in DeFi, we understand that a high-performance, robust and low latency market data oracle

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fintech firm Airwallex raises US$100 million, retains US$5.5 billion valuation


Australian fintech company Airwallex said on Tuesday (Oct 11) it raised US$100 million in an extension of funding round, sustaining its US$5.5 billion valuation. The Melbourne-based business claimed to have raised more capital from its current backers, including Tencent Holdings, Sequoia Capital China, and Lone Pine Capital. HostPlus, an Australian industry superannuation fund, as well

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AFTERPAY LAUNCHES 12-MONTH BNPL PAYMENT OPTION


Buy now, pay later (BNPL) firm Afterpay is launching a new monthly payment option that aims to give consumers greater payment flexibility and responsible spending options ahead of the holiday shopping season. Shoppers who choose Afterpay’s monthly payment option can budget their purchases over a 6- or 12-month return period on purchases ranging from $400 to

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DIGITAL BANK ZOPA IN TALKS TO RAISE ANOTHER $100M FROM INVESTORS


UK digital challenger Zopa is in talks to raise $100 million in what could be its final funding round before going public, according to Sky News. The raise, which would value the bank somewhat higher than its £750 million valuation from a £220 million round last October, is currently being discussed by the bank with both new

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BENDIGO BANK COMPLETES ROLL OUT OF PAYTO


Bendigo Bank has today launched its new PayTo digital payments service delivering new levels of control and transparency for its online and mobile banking customers. PayTo is a novel, digital means to pre-authorize one-time or recurring payments straight from a bank account. It was created locally utilizing the real-time payment capabilities of the New Payments Platform,

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NCINO LAUNCHES ENHANCED SMALL BUSINESS BANKING SOLUTION AT AMERICAN BANKER CONFERENCE


nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that PeoplesBank, an independent community bank based in York, Pennsylvania, is live on nCino’s Small Business Banking Solution. The $2.3 billion asset PeoplesBank had previously deployed nCino’s Commercial Banking Solution, creating a single, cloud-based platform to meet the

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CIRCLE ANNOUNCES ACQUISITION OF ELEMENTS TO ACCELERATE CRYPTO PAYMENTS


On stage at Converge22, Circle announced an accelerated crypto payments roadmap enhanced by the recent acquisition of Elements, a merchant and developer-first payments orchestration platform. The announcement includes plans to quickly scale payment offerings to unlock utility value for crypto and lower the barrier of entry for merchants to access next-gen payments and financial services. The new