All articles by BV Swagath
BV Swagath
GFT to acquire Sophos Solutions to strengthen presence in Latin American banking sector
The acquisition of Sophos Solutions provides GFT with a new stronghold in core banking solutions, artificial intelligence, and cloud modernisation
WealthTrust Asset Management unveils AI-powered tactical strategies for enhanced portfolio performance
The company has introduced two AI-powered investment strategies, the WealthTrust AI Tactical ETF Equity Strategy and the WealthTrust AI Tactical ETF Fixed Income Strategy
Sion Power secures $75m in Series A funding led by LG Energy Solution
LG Energy Solution’s strategic investment represents a substantial initiative aimed at proactively securing cutting-edge next-generation battery technologies and solidifying its standing as a prominent leader in the global lithium-ion battery market
Napier’s Continuum chosen as AML platform by digital banking provider Satchel
Napier’s suite of solutions will be integrated into Satchel’s operations to secure Banking as a Service for a new generation of users
ArcTern Ventures secures $335m in commitments for Fund III, surpassing initial target
Focused primarily on North American and European markets, ArcTern emphasises deploying funds to maximise GHG emission abatement over the fund’s lifespan
Biden-Harris Administration to invest $46.5m to supercharge EV charging infrastructure
The funding, targeting 30 projects, aims to promote equitable access to clean transportation solutions and expand the clean energy workforce
Aramco boosts global venture capital commitment to $7bn
The company is allocating an additional $4bn to Aramco Ventures, effectively increasing its capital from $3bn to a total of $7bn
Northvolt secures $5bn financing for expansion in northern Sweden
Anchored by long-term offtake contracts exceeding $55bn with partners such as BMW, Scania, Volvo Cars, and the Volkswagen Group, this financing is provided by a consortium of 23 commercial banks
LG Electronics unveils first US EV charger factory to expand global footprint
Anticipated to achieve an annual production capacity exceeding 10,000 units, this facility marks LG’s first foray into EV charger manufacturing outside of South Korea
Avalara enters bidding race for Pagero takeover after Thomson Reuters’ offer
Regarding Avalara’s bid, which is the highest among the three offers, Pagero said that the independent bid committee will study the offer and reveal its opinion