Infrastructure & Enterprise Software

Balance pulls in $56m for the “fourth industrial revolution”

Balance, a B2B e-commerce payments company, has raised $56m in Series B funding in a round led by Forerunner Ventures.

Berlin’s spend management app Moss hits $573m valuation

Moss, a Berlin-based spend management platform, has reached a €500m ($573m) valuation after the close of its Series B round on €75m.

Finastra survey finds financial industry see bright future for BaaS

A survey by FinTech giant Finastra has found banking-as-a-service (BaaS) is set to make a substantial impact on financial services over the next 12 months.

Akulaku mulls going public

Indonesia-based digital finance platform Akulaku is considering a merger with special purpose acquisition company (SPAC) Catcha Investment Corp, according to a report by PYMNTS.

PayTech Finexio continues momentum with Series B raise

Finexio, the B2B accounts payables (AP) Payments-as-a-Service company, has completed the first close of its $30m Series B funding round.

Holvi cards suspended because of the Wirecard scandal

Holvi, the digital banking platform for freelancers, has become the latest FinTech firm to be swept up in the Wirecard scandal.

FCA warns about a fake Financial Services Register site

If you've stumbled across the website thefca.net, then be warned as it is not the home of the UK's to financial markets watchdog.

55 Italian banks will use SIA’s new blockchain infrastructure to boost their management process...

FinTech SIA has launched a new blockchain infrastructure to power the Italian Banking Association’s Spunta Banca DLT application, which allows the reconciliation of reciprocal accounts among Italian banks through the use of distributed ledger technology.

Rapyd to acquire payments firm Valitor for $100m

US payments network Rapyd is set to purchase Icelandic company Valitor from Arion Bank in a $100m deal.

Anchor closes seed, takes on automated billing

Autonomous billing platform Anchor has completed a $15m seed-funding round as it comes out of stealth. The round was led by Rapyd Ventures, the new...

News Stories

CUBE

CUBE bolsters reach with Thomson Reuters Regulatory Intelligence acquisition

CUBE, a leading provider of ARI and RCM, has acquired Thomson Reuters Regulatory Intelligence and Oden products and businesses.
Assurant has announced the launch of a new solution designed to address the growing need for specialised tech support solutions tailored for residents in multifamily housing complexes.

Assurant launches insurance tech support product

Assurant has announced the launch of a new solution designed to address the growing need for specialised tech support solutions tailored for residents in multifamily housing complexes.
Workiva

Workiva and ERM unite to drive sustainable business practices

ERM, the largest global specialist sustainability consultancy, has recently announced a strategic partnership with Workiva.
Basel

Basel Committee highlights rising risks from finance digitalisation in new report

The Basel Committee on Banking Supervision has released a comprehensive report analysing the impact of ongoing digitalisation on the finance sector, particularly focusing on banks and supervision.
InsurTech leader Kalepa is set to leverage its award-winning Copilot underwriting platform to enhance risk analysis, critical submission management capabilities, and document ingestion for Munich Re Specialty – North America.

Munich Re Specialty – North America to deploy Kalepa’s Copilot underwriting platform

InsurTech leader Kalepa is set to leverage its award-winning Copilot underwriting platform to enhance risk analysis, critical submission management capabilities, and document ingestion for Munich Re Specialty – North America.

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