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Vector AIS Unveils Valence Vero to Redefine Investor Onboarding and Compliance
Vector AIS, a leading fund administrator specializing in closed-end alternative investment funds, has introduced Valence Vero. This advanced solution is designed to transform investor onboarding and compliance. Built specifically to meet the unique operational needs of private capital, Valence Vero offers fund managers a unified platform that combines modern workflows, integrated KYC/AML capabilities, and a frictionless LP onboarding experience.
Central to Valence Vero’s capabilities is its integration with Passthrough, widely regarded as the industry’s leading provider of KYC/AML automation and investor onboarding management. This collaboration enables ongoing daily sanctions checks, streamlined collection of essential documents, and highly customizable workflows suited even for complex fund structures.
Reflecting on the partnership, Ben Doran, Co-Founder of Passthrough, emphasized its long-standing focus on delivering value to both general partners and investors through innovative technology and refined processes. “From a few early adopters to dozens of shared clients over the past five years, our relationship with Vector has been rooted in driving real results. We’re excited to elevate this further by combining Vector’s top-tier service with Passthrough’s onboarding expertise,” he said.
Vector CEO Molly Yakubian described the company’s objective of simplifying the onboarding process for investors. “Valence Vero is built on the belief that the onboarding process should accelerate, not hinder, a fund’s launch. By integrating Passthrough’s dependable infrastructure with our in-house Valence platform, we are immediately removing unnecessary friction. This strategy gives fund managers and LPs the smooth experience they are entitled to.
Valence Vero provides a centralized hub for investor records, enabling faster closings, improved oversight, and effortless integration with Vector’s back-office operations for smooth fund administration and reporting. Its design reflects a deep understanding of industry challenges, ensuring that fund managers can onboard investors efficiently while maintaining compliance at the highest standards.
This launch marks another significant step in Vector’s mission to modernize the operational backbone of private capital. Created by professionals who understand the intricacies of the field, Valence Vero is now available to all Vector clients, setting a new benchmark for investor onboarding in the industry.
Manulife Deepens Private Markets Push with Majority Acquisition of Comvest Credit
Manulife Financial Corporation has announced its agreement to acquire a 75% stake in Comvest Credit Partners for US $937.5 million in upfront cash consideration. This strategic acquisition is set to significantly scale Manulife’s private credit capabilities, bringing together Comvest’s US $14.7 billion in assets and Manulife’s US $3.7 billion Senior Credit business to form an integrated platform managing US $18.4 billion in private credit assets. The combined business will operate under the co-branded name Manulife | Comvest. Comvest, a fast-growing private credit manager, has established itself in the middle market with a diversified investment strategy spanning non-sponsor lending, specialty finance, and sponsor-backed loans. Its strong fundraising track record and history of generating consistent risk-adjusted returns have made it a respected player in the private credit space.
By combining Comvest’s non-sponsor and specialized finance knowledge with Manulife’s sponsor-focused Senior Credit platform, two complimentary methods are brought together, expanding the scope and depth of the combined entity’s lending strategies. Manulife’s decade-long presence in sponsor-backed private credit is expected to synergize effectively with Comvest’s focus on non-sponsored borrowers, creating new growth and client engagement opportunities. As part of the deal, Comvest will also be entitled for further performance-based incentive of up to US $337.5 million. A provision in the agreement allows Manulife to eventually purchase the remaining 25% of the business.
This acquisition will be funded entirely with cash on hand and is projected to enhance Manulife’s core EPS, ROE, and Global Wealth and Asset Management (Global WAM) EBITDA margins, while having only a minimal impact on the company’s LICAT ratio. Leadership transitions following the acquisition include Michael Falk, Comvest’s Founder, assuming a role as Senior Advisor and Board Member, and CEO Robert O’Sullivan stepping in as Head of the new business unit. He will answer to Manulife’s Global Head of Private Markets, Anne Valentine Andrews. Assuming customary regulatory approvals and conditions are met, the transaction is anticipated to close in Q4 2025.
Vola Finance Launches CreditMap to Simplify Debt Management and Boost Credit Scores
Vola Finance, a personal financial management platform, has officially launched Vola CreditMap—a comprehensive loan management dashboard aimed at empowering consumers to take control of their personal debt and improve their credit scores. Designed with simplicity and impact in mind, CreditMap offers users a centralized experience to manage all forms of debt, including credit cards, student loans, rent, and utilities, within one intuitive interface.
As U.S. consumer debt levels rise above $104,000 on average, borrowers—particularly Millennials and Gen Z—are navigating increasingly complex financial obligations. From the resurgence of student loan payments to the growing impact of Buy Now, Pay Later services on credit profiles, effective debt management has become more essential than ever. Vola Finance addresses these challenges by providing a unified solution that merges budgeting, credit-building, and cash advance capabilities into a single platform focused on helping users reduce debt and build stronger credit.
Through Vola’s integration with Method Financial, CreditMap establishes direct connections with credit bureaus and financial institutions, enabling it to gather validated loan information and proactively provide payback plans that are optimal. This goes beyond merely displaying outstanding balances by enabling users to lower the total cost of their debt. Through real-time, personalized insights, the dashboard empowers users to monitor payment timelines, assess credit score factors, and manage their cash flow more efficiently. Vola’s collaboration with Esusu further enhances the platform by allowing users to report rent payments and receive alerts—both of which can positively influence credit scores.
Tushar Bagamane, CEO of Vola Finance, emphasized that the goal of CreditMap is to demystify credit building and debt management. Rather than simply presenting credit scores, the platform explains what drives them and offers individualized recommendations tailored to each user’s financial situation. With educational resources built directly into the platform, users are guided toward smarter, more informed financial decisions. Currently, over 30,000 users are using CreditMap, managing an average of five active loans. Vola supports integration with over 6,000 financial institutions and partners with industry leaders like Mastercard and FIS, further solidifying its commitment to financial empowerment through technology.
Future-Ready Payments Arrive in Francophone Africa as OpenWay Launches Regional Push
OpenWay, the global powerhouse behind the acclaimed Way4 digital payment platform, has announced its official expansion into Francophone Africa, bringing its cutting-edge payment solutions and robust local service infrastructure to banks and fintech companies in the region. This strategic move underscores OpenWay’s commitment to advancing digital finance across the African continent by enabling financial institutions to modernize and innovate their services with world-class technology.
A significant milestone in this expansion includes a long-term technology partnership with a top-tier bank in Morocco, aimed at accelerating its digital transformation initiatives. This collaboration paves the way for financial institutions in Morocco and Tunisia to adopt the Way4 platform—an industry-leading payment system lauded by global research firms such as Gartner and Datos. Through this program, OpenWay offers its assistance to forward-thinking participants constructing Africa’s payment ecosystem of the future. Major African banks, such as Equity Bank in Kenya and SanuPay, an up-and-coming fintech pioneer in Ethiopia, already trust Way4.
Way4’s comprehensive capabilities empower banks and fintechs to deliver always-on, real-time digital payment services across issuing, acquiring, and processing domains. Its flexible and configurable architecture shortens time-to-market while unifying various payment products—including cards, digital wallets, account-to-account transfers, crypto assets, and central bank digital currencies—on a single, secure platform. Designed for enterprise-scale operations, Way4 ensures reliable, compliant, and seamless scalability across borders.
In a move to enhance regional engagement, OpenWay is also building a specialized local team in Francophone North Africa. With experts based in Morocco and Tunisia, clients now have access to customized support enriched by OpenWay’s global delivery capabilities and industry expertise. Collaborations with professionals from Sub-Saharan Africa further ensure culturally relevant, locally resonant service.
Jean-Philippe Wolyniec, OpenWay’s Regional Sales Director, emphasized that real progress in Africa is achieved collectively. He highlighted the company’s pride in co-creating value with clients to foster inclusive, secure, and future-ready payment experiences across the continent.
XData Group Unveils Comcora to Revolutionize Digital Banking for Banks and Fintechs
XData Group, a European software development company specializing in banking technologies, has launched Comcora, a white-label Banking-as-a-Service (BaaS) platform created to empower both traditional banks and fintech startups with a streamlined pathway to offering modern digital financial services. Designed to minimize complexity and accelerate deployment, Comcora provides an adaptable and scalable solution tailored to the unique needs of each client.
Comcora is specifically crafted for two key audiences — established banks aiming to update their digital infrastructure and fintech ventures seeking a reliable backend to bring new financial products to market. For banks, the platform offers seamless integration with existing core systems while delivering a fully customizable, digital-first experience. For fintechs, it serves as a comprehensive yet flexible infrastructure, covering everything from basic payments to advanced financial tools that evolve alongside their growth.
The product’s name, derived from “common core,” reflects its foundational principle: to provide a robust, scalable architecture that can easily be tailored to suit a wide variety of business models and customer segments. Comcora emphasizes simplicity in both integration and operations, offering clients a complete platform that requires no in-house technical team to maintain.
Unlike many BaaS solutions that cater only to tech-heavy organizations, Comcora stands out by removing common barriers such as high development costs and complex technical requirements. The solution is supported by a seasoned team at XData Group, with deep expertise in banking and fintech, ensuring clients receive strategic guidance and product support throughout their journey.
Behind the platform is a powerful, modular microservices architecture that includes everything from accounts and cards to lending and compliance tools. It is already integrated with trusted global providers such as Visa, Mastercard, Sumsub, ComplyControl, and Google Cloud. With its first European bank client preparing for a Q1 2026 launch, XData Group is focused on expanding Comcora into new regions and deepening collaborations with forward-thinking financial institutions.
ImageSource Unveils AI-Powered IDC Proposal Solution for Tribal Nations
ImageSource, Inc., the company behind the ILINX® intelligent automation platform, has introduced a new Indirect Cost Rate (IDC) Proposal Solution tailored specifically for the financial and regulatory requirements of Tribal Nations. Created in close partnership with tribal finance and grants management experts, this purpose-built solution is designed to remove the inefficiencies that have long challenged Tribal Nations in managing indirect cost proposals. By simplifying the preparation and submission process, the solution empowers tribal governments to effectively claim and recover the overhead expenses tied to federally funded and grant-supported initiatives. This in turn strengthens financial transparency, long-term program sustainability, and reinforces fiscal sovereignty.
Rob Latham, Chief Solution Officer at ImageSource, emphasized that many Tribal Nations still rely on cumbersome, disjointed processes for compiling IDC proposals, which can drain resources and create compliance risks. The new solution addresses these issues by introducing automation into the proposal development cycle and enabling financial teams to accurately compare indirect and cost bases. This allows for greater consistency and preparation in future fiscal years. Instead of being burdened by time-consuming manual procedures, tribal leadership can shift their focus toward making more impactful funding decisions.
The solution aligns with federal agency standards, particularly those of the U.S. Department of the Interior, ensuring regulatory compliance from the outset. Built with ILINX’s adaptable architecture, the IDC Proposal Solution offers a secure environment to manage, track, and generate essential documentation while providing audit-ready records. It is in line with ImageSource’s overarching goal of creating safe and culturally sensitive automation solutions for Tribal Nations. By integrating artificial intelligence with customizable workflows, this new offering not only enhances operational efficiency but also respects the distinct governance structures and traditions of the communities it serves. The release of this IDC Proposal Solution represents a meaningful step toward enabling Tribal Nations to exert greater control over their financial planning and grant management efforts.
ComplyControl Launches SafeStart to Empower Fintech Startups with Seamless Compliance
ComplyControl, a UK-based provider of AI-driven compliance technology, has unveiled ComplyControl SafeStart — a specialized initiative aimed at supporting fintech startups across the EU and UK. This new program is designed to empower early-stage companies with the tools and guidance needed to establish trust, accelerate growth, and maintain regulatory compliance from the very beginning of their journey.
Navigating compliance can be especially burdensome for startups, as it often comes with steep costs and operational complexity. Research indicates that small businesses typically spend around $7,000 per employee each year on compliance—substantially more than their larger counterparts. For resource-limited startups, these demands can be overwhelming. Yet opting to delay or bypass compliance can expose startups to far greater risks, including regulatory penalties, diminished investor confidence, broken partnerships, or even the loss of the business itself.
By providing entrepreneurs with an easy-to-use, affordable route to a strong compliance infrastructure, SafeStart seeks to allay these worries. Accepted startups gain full access to ComplyControl’s complete suite of AI-powered tools, including transaction monitoring, sanctions screening, AML and CTF detection, and policy analysis. The offering is designed to be easy to adopt, with no-code configuration and support for up to 50,000 transactions per month at no cost for the first 12 months.
What sets the program apart is not only the technology, which processes transactions in under five seconds and cuts false positives by up to 80%, but also the hands-on support provided by the ComplyControl team. Rather than handing over a complex system and leaving startups to figure things out, the company actively guides them through the setup and ongoing use, helping to build compliance capabilities that can scale with their growth.
ComplyControl founder Roman Eloshvili emphasizes that SafeStart is about removing barriers. As compliance grows increasingly intricate, he sees the program as a way to let fintech innovators focus on product development while ComplyControl handles the regulatory complexity.
Pioneering the Future: EquiLend Expands with Trading Apps Acquisition
EquiLend has taken a major step forward in its mission to lead innovation in securities finance by acquiring Trading Apps, a front-office technology provider recognized for its advanced automation tools and modular trading solutions. These tools are widely adopted by top-tier securities finance desks around the world and are known for improving operational efficiency and trading precision.
This acquisition reinforces EquiLend’s long-term vision to enhance and unify the entire securities finance lifecycle—from front-office trading to post-trade operations—by embedding intelligent automation and adaptability at every level. With the integration of Trading Apps’ cutting-edge technology, EquiLend broadens its product offering and delivers added flexibility for clients who can choose to use these tools as standalone solutions or as part of a fully integrated suite.
A variety of cutting-edge front-office solutions created by Trading Apps increase automation and trading speed in the securities financing industry. Among these, the Lender and Borrower Apps stand out for their ability to streamline workflows, improve rate negotiations, detect short positions, and optimize profitability. These tools empower traders by significantly cutting down on manual tasks, boosting capacity for higher trade volumes, and enabling greater control over key decisions in lending and borrowing.
As part of the acquisition, EquiLend also gains TA.Link, Trading Apps’ trade messaging solution, which will now serve as the resiliency component for EquiLend’s Next Generation Trading (NGT) platform. Designed with complete infrastructure independence, TA.Link ensures operational continuity without introducing systemic dependency risks.
Rich Grossi, the CEO of EquiLend, was excited about the acquisition, pointing out that Trading Apps’ experience improves the EquiLend platform’s value proposition by quickening the automation trend. Trading Apps CEO Matthew Harrison emphasized the strategic alignment and future potential this collaboration unlocks. Nick Delikaris, EquiLend’s Chief Product Officer, highlighted how the acquisition supports the goal of building a unified, intelligent infrastructure for the entire securities finance sector.
$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.
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.
Start Anytime: ezAccounting Payroll Software Built for Mid-Year Setup and Business Growth
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“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.
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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.
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.