BankiFi, a leading provider of embedded banking solutions for small and medium businesses (SMBs), has secured $4.8 million for global expansion into North America. This strategic growth investment gives BankiFi the capital to provide its industry-leading embedded banking platform to more than two million SMBs across four continents by 2024. BankiFi provides an open cash management
Motive Partners, a specialist private equity firm focused on growth equity and buyout investments in software and information services companies that serve the financial services industry has received the necessary regulatory approvals and completed the sale of Global Shares to J.P. Morgan. Motive invested in Global Shares in August 2018, acquiring a ~40% stake in the business.
Plaid, the API-first data network powering the digital financial ecosystem, and Wise, the global technology business developing the easiest way to move money around the world, today announced an open finance agreement to give clients a frictionless way to move money between various financial institutions. According to a 2021 survey by Plaid and The Harris
Truework, a fintech company that provides income and employment verification for the nation’s largest mortgage, auto, and consumer lenders to approve more borrowers in a fraction of the time, today announced it raised $50 million in Series C funding. Sequoia Capital, Activant Capital, and Khosla Ventures returned investors joined G Squared in leading the Series
Clara, the leading Latin American tech startup that offers an end-to-end corporate spend management solution for companies in the region, announced today approved financing from Goldman Sachs for an initial $50 million with the option to upsize to $150 million. “This financing will fuel our planned regional growth and will also allow us to successfully
AstroPay, the preferred online payment solution for millions of customers worldwide, has introduced a flagship global Affiliate Programme to give people and companies who wish to make money online and expand their company prospects. The new programme aims to expand AstroPay’s clientele globally while supplying a reliable partner for individuals who are professionally committed to
Backbase is proud to announce that the Backbase Engagement Banking Platform is now listed in the Microsoft Azure Marketplace, apps and services are offered online for use with Azure. Customers of Backbase can benefit from the reliable and effective Azure cloud platform, which has simplified setup and maintenance. This listing is the next exciting step
A renowned software investment firm, Thoma Bravo, has entered into a definitive agreement to purchase Ping Identity, a supplier of the Intelligent Identity solution for the enterprise, for $28.50 per share in an all-cash deal with an Enterprise Value of almost $2.8 billion. The offer is valued at about 63 percent more than Ping Identity’s
Revolut, the financial super-app with 20 million customers worldwide, today announced another push to the platform’s investment offering with the release of 22 new crypto tokens. With these latest additions, Revolut’s cryptocurrency service now supports 80+ coins, an increase of x8 when compared to the beginning of 2021. The newly announced cryptocurrency includes the Metaverse
Savana, a financial software player that helps banks and fintechs go digital, has raised $45 million in a Series A funding round led by growth-stage investor Georgian. Fiserv, a major player in the fintech industry and a reseller of Savana, participated in the round. A bank’s technological ecosystem is supposed to be “orchestrated” by Savana’s
Global Payments Inc., a leading worldwide provider of payment technology and software solutions, and EVO Payments, Inc., a leading global provider of payment technology integrations and acquiring solutions, today announced that Global Payments will acquire EVO in an all-cash transaction for $34.00 per share. The deal will increase Global Payments’ target addressable markets significantly, strengthen its
In the world of cryptocurrencies, fraudulent activity is still unchecked. Crypto trading apps are offered by organizations like Apple and Google. As thieves increasingly produce fake apps with names and logos, there has been an increase in fake apps based on these two. Apple and Google Call for Scrutiny Who provides this original(the logos, access
