Infrastructure & Enterprise Software

Nationwide hit with another payment outage

Nationwide Building Society has temporarily suspended inbound payments due to extremely high volumes of transactions on the first working day of the year, as revealed on Downdetector.

Kayne Partners exits Consero following the $50m investment from BV

Kayne Partners has exited finance software and services provider Consero Global following the $50m investment from BV Investments.
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Finch Capital leads Series A in Ayopop

Finch Capital (formerly Orange Growth Capital) has led the Series A investment into Indonesia-based bill payment app Ayopop.

Procurify grabs hold of $7m

Procurify has raised $7m in a Series A round of funding to grow its procurement platform. The investment was led by Runa Capital.

Fiserv acquires and merges with First Data

Fiserv has acquired and merged with First Data Corporation to create a payments and financial technology provider.

Lighter Capital closes $130 million credit facility to support early-stage companies

Revenue-based financing fintech Lighter Capital has closed a $130m credit facility, and plans to use the capital to fund early-stage companies.

Tax support solution Incentify scores $4.25m in a new funding round

Incentify, a tax credits and incentives (C&I) platform, has scored a $4.25m strategic investment from a group of investors led by global tax services provider Ryan.

FinLync hits $16m close of its latest funding round

FinLync, which claims to be transforming corporate finance and treasury offices, has closed its funding round on $16m.

Business payment acceleration firm Branch nets $540m in Lee Fixel’s Addition-led round

Branch, which has built a flexible workforce payments platform, raised $48m in Series B funding and closed on a $500m credit facility.

Sparrow takes flight with Series A funding

Sparrow, a provider of tech solutions for employee management, has closed a $20m Series A round.

News Stories

Arch Insurance International, a leading insurance company, has announced the appointment of Kirsten Valder as Deputy CEO, effective immediately.

Arch Insurance names new deputy CEO

Arch Insurance International, a leading insurance company, has announced the appointment of Kirsten Valder as Deputy CEO, effective immediately.
IBM

IBM acquires HashiCorp in a $6.4bn deal to enhance hybrid cloud capabilities

IBM has acquired HashiCorp a multi-cloud infrastructure automation firm, at a deal valued at approximately $6.4bn, with IBM offering $35 per share.
Paystand, the global leader in blockchain-enabled B2B payments, has acquired Teampay, an industry-leading spend management software.

Paystand acquires Teampay to redefine B2B payments

Paystand, the global leader in blockchain-enabled B2B payments, has acquired Teampay, an industry-leading spend management software.
KYC

Unlocking front office potential: The shift from manual KYC to automated processes

The role of front office staff is crucial in driving revenue, yet the burden of KYC onboarding can significantly impede their productivity. Transitioning from...
Dripos

Dripos raises $11m to revolutionize coffee shop management

Dripos, a trailblazer in the FinTech sector focused on coffee shops, has announced a significant financial milestone, securing $11m.

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