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VeriPark Partners with Leading Canadian Financial Institutions Coalition to Redefine Digital Banking


VeriPark, a global leader in omnichannel customer experience solutions for financial services, has partnered with a coalition of leading Canadian credit unions and financial institutions, including First West Credit Union, Prospera Credit Union, DUCA Credit Union, and Coastal Community Credit Union, Together, the coalition aims to drive innovation, enhance member experiences, and empower institutions in

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Archive Intel raises $1.5m to expand AI-driven compliance solutions


Archive Intel, a leader in AI-powered compliance archiving solutions, has secured an additional $1.5m in funding to accelerate its growth. The funding round was led by Garuda Ventures, a San Francisco-based investment firm focused on early-stage companies, with participation from existing investor Social Leverage. Archive Intel offers a cutting-edge compliance platform designed to help financial

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Validis secures investment from Citi and Barclays to transform business lending


Validis, a leader in financial data collection and standardisation, has received strategic investments from Citi and Barclays. The funding aims to enhance Validis’ platform, which focuses on automating and standardising data processes across business lending, including corporate, commercial, and working capital finance. Validis provides technology that automates financial monitoring and delivers underwriting-ready data quickly. This

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AIsa launches revolutionary payment network for the AI economy


AIsa, a cutting-edge FinTech company specialising in AI-focused payment infrastructure, has announced the launch of its revolutionary payment network tailored to meet the specific needs of the AI economy. The launch addresses the growing demand for payment systems capable of handling the unique requirements of AI agents, according to FF News. Traditional payment systems, originally

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SC Ventures targets APAC small businesses with new fintech platform


SC Ventures, Standard Chartered’s innovation arm, has today launched a digital platform to assist small and medium-sized enterprises (SMEs) across the Asia Pacific region. The new venture, called Labamu, offers digital invoicing and billing services alongside integrated banking features. It launches first in Indonesia, but expansion is planned across APAC, tapping into the region’s $2.5

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Checkbook Acquires sureti to Deliver End-to-End Payment Solution for the Property Insurance Ecosystem


Checkbook, a trailblazer in digital payments, is thrilled to announce its acquisition of sureti, a cutting-edge digital payment solution dedicated to transforming the distribution of insurance claim proceeds. This strategic acquisition positions Checkbook at the forefront of the insurtech revolution, delivering faster, smarter, and more secure payment solutions for insurance companies and their customers. By

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Lower integrates Neat Labs technology to set new standards in mortgage efficiency


Lower, a leading digital mortgage lender, has announced its acquisition of Neat Labs, renowned for its end-to-end mortgage origination software. Lower will integrate Neat Labs’ proprietary software into LowerOS, a comprehensive, cloud-based mortgage platform designed to enhance the borrower experience and streamline loan production costs. Founded in 2015, Neat Labs has been pivotal in optimising

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Bilt Rewards clinches $150m in fresh funding to enhance loyalty programs


The round was spearheaded by Teachers’ Venture Growth (TVG), a division of the Ontario Teachers’ Pension Plan specializing in late-stage and growth investments. Alongside TVG, significant contributions came from Vanderbilt University Endowment and the University of Illinois Foundation, with continued support from previous investors. Bilt Rewards operates as a pioneering loyalty platform that significantly impacts

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Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI


Wisedocs, an innovative leader in the InsurTech sector, recently received a significant financial boost. CIBC Innovation Banking has extended $4.5m CAD in growth capital financing. This move is designed to support Wisedocs in broadening its client base and enhancing its product offerings. The company, renowned for its artificial intelligence (AI) software platform, offers streamlined solutions

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IntelePeer bags $140m to advance AI automation in customer service


This strategic investment was co-led by Savant Growth LLC and VantagePoint Capital Partners, with additional backing from Savant’s limited partners, including Coller Capital, Hollyport Capital, Manulife Investment Management, and Achmea. The debt financing was led by Vector Capital through its new direct credit strategy, Vector Velocity. Stifel, Nicolaus & Company, Inc. acted as financial advisor