Kanastra Raises $30 Million Series B from F-Prime

Kanastra, a financial technology company providing technology infrastructure and services for private credit funds and securitizations, today announced a $30 million Series B round led by F-Prime, with contributions from the International Finance Corporation (IFC), the World Bank’s investment arm, as well as follow-on investments from current investors Kaszek, Valor Capital, Quona Capital and Itaú, Latin America’s largest bank.  The new capital will be used to accelerate product development, deepen automation across the private credit...

Snowflake Launches Cortex AI Suite for Financial Services

Snowflake Cortex AI for Financial Services allows financial institutions to unify their data ecosystems and easily deploy AI models, apps, and agents on top of that AI-ready data in Snowflake Snowflake’s MCP Server connects third-party data from partners such as FactSet, MSCI, Nasdaq eVestment®, and The Associated Press, which customers will be able to leverage in apps and agent platforms like Anthropic, CrewAI, Cursor, Devin by Cognition, Salesforce’s Agentforce, UiPath, and Windsurf, to accelerate the...

Nue Launches NetSuite Integration for SaaS Billing Agility

Nue, the revenue platform built for modern SaaS businesses, today announced the launch of “Nue for NetSuite” – an integration with Oracle NetSuite built for modern billing. The integration gives mid-market and enterprise SaaS companies a unified quote-to-revenue process that combines flexible billing with the financial rigor of NetSuite’s accounting system. “For too long, Finance and RevOps leaders have faced a restrictive choice,” says Brian Keare, CFO at Nue. “Do you bend your business model to...

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