All articles by Swagath Bandhakavi
TPG and Corpay to acquire AvidXchange for $2.2bn
TPG will acquire a controlling stake in AvidXchange through its TPG Capital platform, with Corpay set to hold a minority interest under the terms of the agreement
Juniper Square acquires Forstone Luxembourg to expand cross-border fund services
The acquisition strengthens Juniper Square’s ability to support private markets fund managers operating Luxembourg-domiciled investment vehicles
InvoiceCloud deploys AI tools to enhance digital payments and billing automation
InvoiceCloud is integrating generative AI and automation tools to minimise errors, boost efficiency, and enable real-time decisions across billing workflows
RightRev raises $13m in Series A for revenue automation advancements
The funding round was co-led by Cheyenne Ventures and Innovius Capital, with significant contributions from existing investors including Norwest Venture Partners, Salesforce Ventures, and Snowflake Ventures
Vanguard introduces AI-powered summaries for financial advisers
The tool automates disclosure generation, simplifying the client information-sharing process
Ceto unveils Nova platform to boost community bank and credit union profitability
Nova employs a hybrid approach that merges human expertise with SaaS features, aimed at streamlining operations and enhancing competitiveness in the financial sector
AgentSync announces automation solution for insurance agent contracting
The solution addresses persistent industry challenges by automating tasks, decreasing administrative workload, and mitigating errors common in traditional contracting processes
Hub International boosts employee benefits services with acquisition of Allegiant Global Partners
AGP is a health, welfare and risk consulting firm serving global employers in the planning and execution of their international health, welfare and risk strategies
Copy-trading app dub rakes in $30m to boost retail investment access
Launched in 2024, dub enables retail investors to follow and implement the portfolio strategies of other users through a mobile-based copy-trading platform
IBM and EY introduce AI-powered tax compliance solutions using watsonx
The EY.ai for Tax platform uses open-source AI models such as IBM Granite to help organisations automate tax processes and manage cross-border tax data efficiently