Resistant AI, a RiskTech company specializing in artificial intelligence (AI) and machine learning, has expanded its Series A funding to $27.6 million, after raising an additional $11 million in investment la from Notion Capital. This is in addition to existing funding from investors such as GV, Index Ventures, Credo Ventures and Seedcamp. The new investment
DanishFinTech Pleo has extended its partnership with open banking platform Yapily, as it expands in Europe and adopts Variable Recurring Payments (VRP) to automatically fund accounts. Pleo first partnered with Yapily in September 2022 to create a seamless and instant payment experience for financial teams when depositing funds into their Pleo wallets. Through open banking,
Tuum and Marqeta have partnered to provide a pre-integrated fintech solution that accelerates time-to-market for Tuum customers by working with Marqeta’s open API platform. European banks and fintechs will be able to create flexible card schemes that deliver an industry-leading modern digital payment experience while saving resources, time and money. Marqeta’s state-of-the-art card issuance platform,
Jack Henry announced the launch of Payrailz Fraud Monitor, an AI-powered, cloud-based feature of the Payrailz digital payments platform that provides real-time fraud detection as transactions occur. payment translation is started. This exclusive, highly customizable feature supports person-to-person (P2P) payments, consumer and business bill payments, and account-to-account outbound transfers (A2A ) is powered by the
JPMorgan has made a strategic investment in Cleareye.ai, a fintech firm specializing in trade finance, the companies announced Tuesday. The parties, who entered into the trading partnership last September, did not disclose the financial terms of the transaction. Trade finance refers to financial products offered by banks and other institutions that facilitate global trade by
Compass, the consumer finance arm of the Mediobanca Group, has signed an agreement to acquire 100% of HeidiPay Switzerland AG from HeidiPay AG, a growing Swiss Buy Now Pay Later (BNPL) financial company with over 400 deals. Trade agreements with major distributors, premium brands and technology operators active in the region. With this acquisition, Compass
Cvent Holding Corp., an industry-leading meetings, events and hospitality technology provider, announced the completion of its acquisition by an affiliate of private equity funds managed by Blackstone for $8.50 per share in cash, representing a total enterprise value of approximately $4.6 billion. The transaction, previously announced on 14 March 2023, includes a substantial minority investment
Blackrock and Avaloq announce strategic partnership to deliver integrated technology solutions that meet the evolving needs of asset managers This partnership will enable private bank and wealth managers to improve their operations throughout the customer journey, including referrals, portfolio building, client reporting and management. risk management. By combining Avaloq’s core banking, CRM and mobile banking
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
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
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
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
