All articles by Refna Tharayil
HighRadius buys billing and collections automation software provider Cforia Software
Through the acquisition of Cforia Software, the autonomous finance software provider aims to bring additional capabilities as well as a diverse set of clients to the company
Cascading AI raises $3.9m for AI-native loan origination system
The financing round was led by Peterson Ventures, which invests in disruptive startups within the vertical SaaS industry
Prime Financial to acquire alternative asset fund manager Altor Capital
As part of the deal, Prime Financial will add Altor Capital’s two core existing fund strategies encompassing private equity and private credit
CIMB wraps up acquisition of KAF Equities
According to CIMB Group, the acquisition is part of the bank’s plan to extend its in-house capabilities that would enhance the group’s wholesale banking business in Malaysia
FIS to integrate open access platform with data networks to offer secure open banking
FIS’ Open Access platform delivers users the ability to access and share their financial data in a secure, streamlined and controlled manner
Wave taps Q2 for digital receipt management solutions
Through the partnership, Wave aims to offer small businesses a streamlined and intuitive approach to managing expenses along with gaining deeper insights into financial data
Ascent Technologies acquires horizon scanning solution provider Waymark
The integration of Ascent and Waymark creates a comprehensive solution for horizon scanning and obligations management, establishing a new benchmark for managing regulatory risk
Amundi to acquire Switzerland-based asset manager Alpha Associates
Alpha Associates is said to bring differentiating funds-of-funds capabilities in private debt, infrastructure, and private equity to more than 100 institutional investors
Commerzbank taps Surecomp for back-office trade finance processing
The bank has deployed Surecomp’s DOKA-NG solution for back-office trade finance processing across multiple entities
Fintech firm Pagaya Technologies secures five-year credit facility of $280m
The facility, which consists of $255m term loan and $25m revolver, will provide the capital and liquidity required to support the company’s future growth while extending its corporate debt maturity to 2029