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Wealthtech OneVest raises CAD$17m


Canadian Wealth-as-a-Service firm OneVest has raised C$17 million in a Series A funding round led by Omers Ventures Luge Capital, Panache Ventures, AAF Management, FJ Labs, Fin Capital, Pivot Investment Partners and Deloitte Ventures participated in the round. Founded in 2021, OneVest provides a modular and adaptable infrastructure platform that allows financial firms to integrate

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FIA Tech snags $25.4 million for Trade Data Network


FIA Tech, a leading futures industry technology provider, announced that it raised an additional $25.4 million in a funding round led by six existing shareholders, Bank of America, Barclays, Citi, Goldman Sachs, J.P. Morgan and Wells Fargo, in addition to BNP Paribas. As a result, BNP Paribas joins FIA Tech’s ownership consortium and will serve

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Toast picks FreedomPay as preferred payments gateway partner


FreedomPay, the world’s first standalone commerce platform, and Toast, an all-in-one digital platform designed for the entire restaurant community, have signed a partnership agreement for FreedomPay to become a gateway partner FreedomPay Toast’s preferred payment for certain corporate brands. Toast will be able to offer its cloud-based digital restaurant platform to leading corporate merchants in

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Stripe joins Mach Alliance


Mach Alliance, a group of independent technology companies dedicated to championing innovative, open technology ecosystems, today announced that Stripe has joined the Alliance. Stripe, the company that builds the economic infrastructure for the Internet, is used by many major companies globally, from Amazon to BigCommerce, Ford, Zara, Maersk and many more. “Stripe serves as an

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UBS completes Credit Suisse acquisition


UBS has completed the acquisition of Credit Suisse today, crossing an important milestone. Credit Suisse Group AG has been merged into UBS Group AG and the combined entity will operate as a consolidated banking group. Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules Combined entity now operates as consolidated

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DJUST raises $12 million to simplify B2B commerce


DJUST, a B2B e-commerce SaaS platform created by former Mirakl founder Arnaud Rihiant, today announced that it has raised €12 million in a Series A growth funding round to accelerate the market expansion. Funding round by New Enterprise Associates, Inc. (NEA) leads, with additional participation from Elaia Partners. Founded in 2020, the Paris-based B2B Commerce

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Westpac to issue accessible cards for visually impaired


Westpac is launching a new set of card designs to make payments more accessible to customers who are blind or visually impaired. Credit, debit and prepaid cards will incorporate new accessibility features, including different notches along the short edge to allow customers to distinguish their payment cards from each other with a single touch. .

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American Express and Plaid Announce Customer-Permissioned Data Sharing Agreement to Boost Digital Finance Options for Customers


American Express announced an agreement with Plaid, a data network powering the digital financial ecosystem, for API-based integrations that will provide new digital banking options for customers while also improving the security of their accounts. Millions of American Express customers will now have the ability to more securely sign in to Plaid’s 8,000+ connected apps and

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Madison Dearborn Partners Completes Acquisition of MoneyGram


MoneyGram International, Inc., a leading global financial technology company connecting communities around the world, and Madison Dearborn Partners (“MDP”), a leading private equity investment firm headquartered in Chicago, announced today that MDP-linked funds have completed their all-cash transaction. acquired MoneyGram for $11.00 per share. MoneyGram’s common stock has ceased trading and will be delisted from

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Fiserv Completes Listing Transfer to the New York Stock Exchange


Fiserv, Inc., the world’s leading provider of payment technology solutions and financial services, today announced that it has completed the transfer of its public listing to the New York Stock Exchange. As of today, the company starts trading under the symbol “FI”. To celebrate the transfer, a representative from Fiserv will ring the NYSE opening

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Allica Bank enlists ClearBank to boost business banking for UK SMEs


ClearBank, a company that provides integrated banking services and real-time clearing for financial institutions, today announced a partnership with Allica Bank, a fintech bank dedicated to supporting small businesses. Small and medium enterprises based in the UK. Allica Bank was established to serve established UK SMEs (companies with 10-250 employees) and to provide them with

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UKG Transforms Multi-country Payroll with Agreement to Acquire Immedis from CluneTech


UKG announced an agreement to acquire Immedis. With the acquisition, UKG will launch UKG One View to modernize and transform multi-country payroll for multinational businesses by delivering unprecedented flexibility, real-time visibility, uniform controls, and an exceptional employee experience – all regardless of in-country provider. To transform multinational payroll with the smartest and most flexible HCM