Following a formal evaluation by Standard & Poor’s (S&P), a well-known credit rating agency with a stable outlook, Fidelidade – Companhia de Seguros, S.A. and its reinsurance branch, Fidelidade RE – Companhia de Resseguros, S.A., were given long-term Issuer Credit Ratings (ICR) and Financial Strength Ratings (FSR) of ‘A’. This rating reflects S\&P’s confidence in
Receive, a fintech startup focused on expanding financial access for small and medium-sized businesses, has officially emerged from stealth mode with the announcement of its latest milestone. With the help of further debt financing, the company announced that it has raised its total funding to approximately 7.1 million dollars, including a $4 million startup funding
Finlens, a new AI-powered solution for accounting, has officially launched, aiming to streamline financial processes for startups and accounting firms alike. Backed by Y Combinator and Accel, Finlens positions itself as a tool designed specifically for founders and financial professionals who seek faster month-end closes, real-time financial visibility, and accurate bookkeeping without the usual spreadsheet
Georgia-Pacific has officially announced a significant capital investment in its Englehart OSB (Oriented Strand Board) mill, located in Ontario, marking a major step in the facility’s ongoing growth and modernization. The company plans to invest approximately $140 million USD, equivalent to around $191 million CAD, to upgrade the mill’s infrastructure. This investment will be directed
Lloyds Banking Group is now in the advanced stages of talks to acquire Curve, a well-known financial technology company. The deal, according to sources cited by Sky News, could close as soon as September 2025. The estimated value of the transaction stands at around £120 million. Curve is a strategic addition that Lloyds believes would
Eltropy’s Video Banking solution is transforming how community financial institutions (CFIs) deliver services by enabling secure, face-to-face banking through any digital device. This technology effectively turns smartphones, tablets, and computers into virtual branches, allowing CFIs to offer personal banking experiences remotely while maintaining the human touch that customers expect. The rollout of this platform follows
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
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
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
NetGuardians, a Swiss FinTech specialising in AI-powered financial crime prevention, and Intix, a Belgian RegTech known for its transaction data visibility and analytics capabilities, have formed a strategic alliance to launch Vyntra, a next-generation financial crime intelligence platform. The partnership aims to deliver a transformative solution for global financial institutions seeking robust tools for risk
ezAccounting software from Halfpricesoft.com — An all-in-one solution that simplifies payroll, 941efiling and tax management without breaking the bank. Clients have full control at their fingertips, by giving businesses the ability to start using its powerful payroll features any time during the year —no waiting, no hassle. With ezAccounting manual YTD feature, you do not have to enter the old paychecks
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
