Infrastructure & Enterprise Software

1 in 5 FinTechs lose $11m each year due to BaaS delays

1 in 5 FinTechs lose $11m each year due to BaaS delays

 One in five FinTechs are losing $11m each year in product delays due to banking-as-a-service (BaaS) providers, a report from ClearBank claims.
Moody's innovates with GenAI: Introducing Moody's Research sssistant

Moody’s innovates with GenAI: Introducing Moody’s Research assistant

Moody's Corporation, a global integrated risk assessment firm, has launched Research Assistant, a new generative AI-powered tool that supports analytic insights. 
fintech insurtech wealthtech regtech ai cybertech esg news

HR Path grabs €30m to take software global

HR Path has raised €30m in a new round from Activa Capital, Ardian and Société Générale Capital Partenaires.

Onpay to support payroll for farmers through new Xero deal

OnPay, a payroll services provider for SMEs, will supply customers of accounting software company Xero with improved back-office tools, through a new strategic partnership.

Payroll company Deel becomes the next FinTech unicorn

Payroll FinTech company Deel has closed its Series C round on $156m, which put its valuation at $1.2bn and makes it the latest unicorn.

The Money Finder pockets $1.75m

Financial planning software startup The Money Finder has raised $1.75m in a new round from Build Ventures and Innovacap.
fintech-news

Summit Partners leads majority recapitalisation of Trintech

Financial reporting company Trintech has received a majority recapitalisation by Summit Partners.

Countingup closes £4m in a bridge round, with plans to raise more funds soon

Countingup, an automated accounting platform, has closed a £4m in a bridge round of funding led by ING Ventures.

FreshBooks secures $100m in syndicated debt facility

Accounting software platform FreshBooks has secured $100m in a syndicated debt facility from BMO Financial Group and JP Morgan.

Bill4Time nets undisclosed investment from Alpine Investors

Cloud-based billing software Billl4Time has received an undisclosed investment from Alpine Investors.

News Stories

Finding the right RegTech partner for you – Part 2

Finding the right RegTech partner for you – Part 2

The global RegTech sector is projected to reach a value of $66.9bn by 2032, growing at a 22.6% CAGR from 2023, according to a report from Allied Market Research. Given its size, it is evident that the market is full of various types of RegTech solutions all claiming to revolutionise the output of compliance teams.
Comyno is pleased to partner with Avaloq on this forward-thinking securities financing solution. Our expertise in crafting intuitive software solutions for the securities finance market, especially with our C-One platform, aligns perfectly with the project's goal to foster a more interconnected and liquid financial ecosystem. This collaboration highlights the strength of Avaloq's robust core banking platform in tandem with our C-One frontend, forming an exemplary union that promises to redefine the market's infrastructure and operational efficacy.”

New partnership between Avaloq and Comyno revolutionizes securities financing with advanced technology

Avaloq and Comyno have embarked on a significant partnership by launching a pre-integrated securities financing solution.
Apex Group and ACA team up to boost global client services with strategic partnership

Apex Group and ACA team up to boost global client services with strategic partnership

Apex Group, a prominent financial services business, and ACA Group (ACA), a leader in governance, risk, and compliance advisory in financial services, have joined forces to expand their service offerings through a strategic partnership.
The Insurance Development Forum (IDF), chaired by Michel Liès of Zurich Insurance, and the French Development Agency Group (AFD Group) have formed the Integrated Disaster Risk Management Alliance (IDRIMA).

IDF and AFD Group form IDRIMA to enhance climate resilience

The Insurance Development Forum (IDF), chaired by Michel Liès of Zurich Insurance, and the French Development Agency Group (AFD Group) have formed the Integrated Disaster Risk Management Alliance (IDRIMA).
Visa relaunches SavingsEdge: A revamped tool for smart business savings

Visa relaunches SavingsEdge: A revamped tool for smart business savings

Visa, a global leader in digital payments, announced today the relaunch of its Visa SavingsEdge program, designed to add substantial value for small businesses in the US and Canada.

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