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Risk Management

okoora saves businesses over $3 billion in forex transactions

PRNewswireFebruary 26, 20246 min
Fintech startup okoora announced that it has achieved cumulative savings of more than $3 billion for its customers through international foreign exchange transactions to date. The savings, primarily achieved in 2023, were obtained through the use of the okoora Automated Business Currency Management (ABCM™) integrated cloud platform that manages global payments, transactional banking, and risk management. Founded in 2021, the self-funded Swiss-Israeli startup achieved profitability last year, demonstrating the market potential for its AI-powered hub...
Platforms

Settle unveils New Purchasing and Procurement Suite for E-commerce Businesses

PRNewswireAugust 3, 20234 min
Settle, the leading cash-flow management platform announced a new purchasing suite designed specifically for founders of e-commerce businesses. Purpose-built to streamline the challenge of purchasing and procurement, the new Settle Purchasing suite of tools automates back-office tasks like bill pay, purchase order creation, auditing, reporting and more. “The current economic climate and supply chain uncertainty have made frictionless procurement and purchasing more critical than ever to the survival of a small e-commerce business,” said Alek Koenig,...
Platforms

Introducing Aion: the online finance platform for businesses

PRNewswireJuly 17, 20234 min
Aion unveils the first ever comprehensive and integrated business finance platform. Aion’s centralized platform combines and streamlines business finances, including banking, integrated lines of credit, accounting, bill payments, invoicing and more. By eliminating tedious administrative tasks and simplifying overly complex operations, Aion makes business management hassle-free. Business banking has operated the same way for far too long – as a one-dimensional, siloed system where businesses transfer and warehouse funds. Aion’s digital finance platform enables businesses...
Direct Lending

Embedded AI Lender Launches Tool to Support Small Businesses

PRNewswireJune 22, 20236 min
Lendica, a Boston-based fintech, announced the launch of the iBranch, a powerful embedded lending software that changes how businesses access capital. The premiere roll out is with Versa Cloud, a leading cloud-based ERP. The AI-powered lending tools are built to help SMBs fight market headwinds and take control of their cashflow. Fintech Steps In Where Banks Step Out The announcement comes at a pivotal time for US businesses. Banks have pulled back lending and may face upcoming...
Platforms

Tide Commits to Helping 200,000 Women Launch New Businesses By 2027

BusinessWireJune 14, 20238 min
Fintech makes it easier for women to start and run their own businesses at scale Tide ‘Women in Business’ content series to inspire, inform and champion female members Members will be directed to Mastercard’s Strive UK programme for free access to training and advice on tackling business challenges Tide, the leading business financial platform, has announced it will help 200,000 female-led businesses start out by the end of 2027. It is the first fintech to...

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