All articles by Refna Tharayil
Canadian fintech Brim Financial raises $85m in Series C to drive US expansion
Led by EDC Investments, the financing round also saw the participation of Vistara Growth along with return investors Epic Ventures, White Owl Group, and Zions Bank
Oman Housing Bank taps Temenos to transform core banking platform in cloud
Oman Housing Bank will be replacing its existing legacy platform with Temenos core banking platform operating on the cloud as part of its digital transformation project
Clearstead Advisors snaps up Wilbanks Smith and Thomas Asset Management
Following the completion of the merger, Clearstead Advisors and its subsidiaries will have around $44bn in total assets under advisement
ACI Worldwide partners with Arab Financial Services to transform payments
Through the 10-year partnership, both parties aim to facilitate digital payments modernisation for banks, fintechs, and merchants across the region
Wealth Enhancement Group acquires Piermont Wealth Management
Established in 2000, Piermont Wealth Management handles more than $226m in client assets
Sandbox Banking and Plaid join forces to bolster automated identity verification
Through the partnership, both companies aim to integrate Glyue’s Customer360 module and customer experience workflows with Plaid’s verification solution
Fintel acquires 70% stake in regtech solution provider ifaDASH
The acquisition has been facilitated through Fintel’s technology and knowledge platform Fintel IQ
Harmony Bank taps Baker Hill to transform commercial lending process
Through the collaboration, the bank will utilise Baker Hill NextGen commercial loan origination system’s preconfigured version Baker Hill NextGen Accelerate
Kasikorn Securities to improve portfolio analytics and risk management for derivatives with ICE
By leveraging ICE’s portfolio analytics application for derivatives, Kasikorn Securities will analyse holdings at single security and portfolio level, with data and analytics covering multiple asset classes
AI-driven accounting platform FundGuard secures $100m in Series C
The financing round was led by Key1 Capital and new investors including Euclidean Capital and funds overseen by Hamilton Lane