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AXO ANNOUNCES ACQUISITION OF DEFERO, A LEADING DIGITAL CREDIT-SCORING AND FINANCIAL MANAGEMENT PLATFORM


Axo, a leading distributor of personal finance products in the Nordic region and portfolio company of Corsair, a leading private equity firm targeting payments, software, and business services investments in the financial services sector, today announced that it has acquired Defero, a digital credit-scoring and financial management platform in the Nordic region. The financial terms

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BANKIFI SECURES $4.8 MILLION INVESTMENT FOR NORTH AMERICAN EXPANSION


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

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WHAT IS FINANCIAL MODELING? HERE’S A CLOSER LOOK


The lifeblood of your business can depend on how and when you use your finances when you are initially starting out. About 20% of small firms fail in their first year, according to the United States Bureau of Labor Statistics. For this reason, getting financial support right away is crucial. What Is Financial Modeling? A

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FINTECH MATCHMOVE PAY BUYS ECOMMERCE STARTUP SHOPMATIC


MatchMove, a Singapore FinTech, has bought eCommerce startup Shopmatic, also from the same country, for $200 million. This shows how much the startup ecosystem in India and Southeast Asia has been consolidating. The combined entity will be called the MatchMove Group and will target revenues of $400 million and four million customers in over 15

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HOW MARKETING AUTOMATION IS HEATING UP FINANCIAL SERVICES


Marketing automation is a smoking hot topic for financial services companies like banks, credit unions and mortgage companies. Here’s why. Financial institutions offer consumer and commercial products, as well as referral partners that drive sales, and each target segment requires a different approach to reach untapped consumers. This results in a lot of “marketing automation