All articles by Refna Tharayil
Refna Tharayil
AI-driven fintech Lendbuzz closes $219m asset-backed securitisation
By leveraging alternative data and machine learning algorithms, the AI fintech firm evaluates the creditworthiness of consumers who have limited credit history
Bluedot partners with RideShare Carz to optimise EV charging for drivers
Through the collaboration, Bluedot will offer its fleet platform for all RideShare Carz’s EV customers
Sterling Capital Management to be acquired by Guardian Capital Group
The financial terms of the transaction include a payment of $70MM on closing to purchase 100% of the equity capital of Sterling, subject to customary purchase price adjustments, and future earn-out incentives
Abrigo unveils fraud detection platform to help financial firms prevent fraud
The new platform brings together AI-driven inspection and check image analysis with a smart and configurable fraud decision engine
Wealth Dynamix announces availability on Temenos Exchange
Through integration with the Temenos Suite, Wealth Dynamix will offer customers a seamless, omni-channel digital engagement experience, covering comprehensive client and investment management from start to finish
Xceptor and KPMG UK partner on tax solutions for financial services
The new partnership will provide both firms’ clients with enhanced and extended services with longer-term plans for expanded product offerings and service improvements
FIS completes sale of majority stake of Worldpay to GTCR
The completion of the transaction reinforces FIS’ position as a global enterprise software leader, supported by favorable industry trends, a marquee set of global clients and best-in-class products and solutions
OneDigital Investment Advisors acquires WealthSource Partners
The acquisition of WealthSource Partners will add about $2bn in wealth management advisory assets to OneDigital’s more than $100bn in assets under management platform
Usage-based billing provider Metronome secures $43m in Series B
The financing round was led by global venture capital firm NEA and had participation from the former backers Andreessen Horowitz and General Catalyst
Fintech Galaxy unveils open banking compliance services FINX Comply in UAE
Through the new platform, Fintech Galaxy aims to provide banks, insurance companies and other financial institutions with fast-to-market, affordable, and reliable open banking and open finance compliance solutions