BusinessWire - FinTecBuzz

COVU Acquires Lords Insurance Agency, Expands California Footprint

BusinessWireJune 9, 20256 min

COVU, Inc., the leader in AI-native services for insurance agencies, today announced the acquisition of Lords Insurance Agency, a Southern California–based independent agency with a 40+ year history serving local families and businesses. The move marks COVU’s third acquisition in a broader multi-agency expansion strategy that enhances its AI-native platform and deepens its footprint across California. Lords Insurance is widely recognized for its personalized service, multilingual team, and trusted relationships within the Vietnamese community in Westminster...

Platforms

ORO Labs Unveils Agentic AI for Autonomous, Secure Procurement Workflows

BusinessWireJune 9, 20257 min

As speed and agility become non-negotiable for procurement, ORO introduces a no-code AI Agent builder to reduce manual work, accelerate decision making, and improve cross-functional collaboration

Payments

Fiserv to Acquire AIB Merchant Services

BusinessWireJune 6, 20254 min

Focus remains on delivering market-leading solutions to SMEs across Ireland and the broader European market

Payments

Star One & Payfinia Win Banking Tech USA 2025 Award

BusinessWireJune 6, 20254 min

~ Award recognizes institution and fintech for revolutionizing instant payments ~

Platforms

Allvue Systems: White Oak Live on Fund Admin Essentials Platform

BusinessWireJune 6, 20255 min

Deployment underscores Allvue’s momentum in Luxembourg and supports White Oak Management’s mission to deliver scalable, tech-enabled fund services.

Investments

Symetra Investment Launches CLO Platform with Allvue Systems

BusinessWireJune 5, 20253 min

Allvue Systems, LLC, a leading alternative investment technology solutions provider, today announced that Symetra Investment Management Company (“SIM”) selected Allvue’s CLO solution to launch its inaugural collateralized loan obligation (CLO) offering. SIM, a registered investment advisor with approximately $79 billion in assets, closed Symetra CLO 2025-1, Ltd., a $408 million CLO transaction, in April. Allvue’s comprehensive CLO suite includes functionality for portfolio and trade management, agent notice processing, collateral management, compliance, and investment accounting—all seamlessly...

Platforms

U.S. SMBs Say Payment Innovation Is Key Driver of Growth

BusinessWireJune 5, 20257 min

Paysafe’s new ‘Balancing the Books’ report reveals payments, tech, and business insights from 1,000 U.S. small and medium-sized businesses (SMBs)

Direct Lending

Experian & Plaid Partner to Boost Credit Decisions with Cashflow Data

BusinessWireJune 5, 20256 min

Experian analytics and Plaid permissioned data help lenders assess risk more accurately, expand access to credit and deliver better outcomes for consumers

Investments

Filament Syfter Raises $4.8M in Series A Led by FINTOP Capital

BusinessWireJune 5, 20254 min

Filament Syfter, the leading AI-enabled data engine purpose-built for private market dealmakers, has raised up to $4.8M in a Series A funding round led by FINTOP Capital. The investment will be used to scale Filament Syfter’s operations as it expands its presence globally in the private equity and investment banking industries. The capital infusion will also accelerate product innovation, enhancing Filament Syfter’s unique proposition for private market firms. Filament Syfter operationalizes a private equity or...

Platforms

Options Launches Enhanced Netskope Service for Secure Financial IT

BusinessWireJune 4, 20255 min

Options Technology, a leading provider of cloud-enabled managed services today announced a major milestone in its three-year strategic partnership with Netskope, a global leader in modern security and networking. Options’ AtlasWorkplace is an IT platform purpose-built for hedge funds, asset management, private equity, and financial services firms. It combines high-performance infrastructure, enterprise device management, and tightly integrated cybersecurity controls. Designed to meet the evolving security needs of modern enterprises, AtlasWorkplace’s enhanced security solution is the result of...

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