Fiserv has struck a $650 million deal to buy Finxact, a firm that provides cloud technology and open development tools for speedier IT upgrades, making it popular with bank technology investors. The Jacksonville, Florida-based Finxact helps financial institutions launch a digital brand, modernize their technology or integrate with fintechs through open banking.
This recent financial infusion includes $4.75m in new capital primarily contributed by Sorenson Capital, a noteworthy participant in this funding round.
The company, which specialises in
Victory Park Capital Advisors, an established credit manager and global alternative investment firm, has closed a refinancing agreement for a $225m debt facility with Zip,
European neobank Viva.com has launched two new features designed to simplify business across the continent.
The first new feature, real-time payments gives the Viva.com merchant community
Fiserv, Inc., the world’s leading provider of financial services and payments technology solutions, continues to enhance its core banking platform to deliver greater agility, fundamental
