All articles by Swagath Bandhakavi
Swagath Bandhakavi
Aven secures $110m Series E funding at $2.2bn valuation
The funding supports Aven’s development of a “machine banking” platform for homeowners, using automation and machine learning to reduce costs.
Vietnamese fintech MoMo teams up with iProov to combat digital fraud
The partnership integrates iProov’s Dynamic Liveness technology to enhance MoMo’s security in remote identity verification.
Altruist launches AI platform Hazel for financial advisers
Hazel aims to enhance productivity by leveraging industry expertise alongside the specific data of individual firms.
Revolut set for UAE launch with central bank licence approval
Revolut sees the UAE as a key market, citing its robust economy, high digital adoption, and strategic global financial position.
Platinum Equity raises $2.8bn for new lower middle market fund
Small Cap Fund II will leverage Platinum Equity’s M&A&O strategy and combine the firm’s investment expertise with operational capabilities.
Palmetto Citizens FCU integrates lending system with Baker Hill
The partnership seeks to enhance service efficiency by eliminating data redundancies and workflow inefficiencies at Palmetto Citizens FCU.
Revolut and Google Cloud team up to bolster fintech infrastructure
Revolut plans to use Google’s technology to upgrade its operations and improve customer experiences via its app.
Carlyle AlpInvest secures $20bn for global secondaries strategy
This total includes the closure of AlpInvest Secondaries Fund VIII, reaching its $15bn cap within ASP VIII.
Rogo Technologies acquires AI-driven spreadsheet firm Subset
Rogo’s acquisition aims to optimise investment banking processes by integrating advanced AI-driven spreadsheet functionalities.
ModernFi secures $30m in Series B for deposit management
ModernFi provides banks and credit unions with integrated solutions to streamline deposit management processes.