financial solutions - FinTecBuzz

Mambu acquires payment technology provider Numeral

December 6, 20247 min

The acquisition marks a strategic move by the cloud banking leader to extend its payment capabilities for customers, as Mambu eyes market expansion and accelerated growth in support of long-term plans. Numeral’s platform will be integrated into Mambu’s core banking offerings, with advanced payment solutions technology, to accelerate and advance the next generation of financial products. Mambu, a leading cloud banking platform, has announced the acquisition of Numeral, a French payment technology provider for banks and...

by PRNewswire

Blockchain

Interlace Secures $10Mn Series B1, Expands Leadership for Global Growth

December 4, 20248 min

Interlace, a global card issuance and digital asset management platform based in Singapore, announced today that it has raised $10 million in its Series B1 funding round. The round was led by Bitrock Capital, with participation from prominent individual investors in the fintech industry, including early employees and senior managers from leading companies such as Klarna and Robinhood. To date, Interlace has issued over 4.5 million cards, partnered with 100+ integrated partners, and processes over 60 million transactions annually. The new funding will support Interlace’s...

by PRNewswire

Investments

HUDSONPOINT capital joins Arete Wealth network of wealth management firms

November 27, 20244 min

Arete Wealth, a full-service Broker-Dealer (BD) and Registered Investment Advisory Firm (RIA), is proud to announce HUDSONPOINT capital has joined its network of wealth management firms. HUDSONPOINT capital has significantly enhanced its capabilities and its access to exclusive investment opportunities by affiliating with Arete Wealth’s broker-dealer, registered investment advisor, and insurance agency. For over two decades, HUDSONPOINT capital has been dedicated to guiding clients towards more promising returns by providing access to alternative investment strategies and...

by PRNewswire

P2P Lending

Prosper Wins 2024 Tearsheet Award for ‘Best Consumer Lending Program’

November 21, 20243 min

Prosper Marketplace, the first peer-to-peer lending platform in the United States, has been recognized as the winner of the 2024 Tearsheet Award in the Best Consumer Lending Program category. The Tearsheet Awards celebrate companies who have achieved exceptional success in various categories, including marketing, banking, payments, data, and lending. This Best Consumer Lending Program award honors top performers in the lending sector, recognizing companies and individuals driving innovation in digital lending and expanding financial access to...

by PRNewswire

Investments

CAPTRUST Expands New England Presence with Boston Financial Management

November 15, 20244 min

CAPTRUST Financial Advisors (CAPTRUST) today announced the addition of Boston Financial Management (BFM). The firm adds nearly $5 billion of client assets, an additional location in Boston, and two new locations in Cape Cod, Massachusetts, and Portland, Maine. Boston Financial Management provides wealth management and investment advisory services for individuals, families, endowments, and nonprofits. They bring deep expertise in wealth and financial planning, trust services, and estate planning. Led by President and CEO Louis Crosier, BFM adds 45 new colleagues to CAPTRUST across three locations....

by PRNewswire

Investments

Wealth Enhancement Group Acquires M&R Capital Management, Inc.

November 12, 20244 min

This partnership marks Wealth Enhancement Group's sixth location in New Jersey and brings the firm's total client assets to more than $96.6 billion.

by PRNewswire

Risk Management

Broadridge Recognized by Chartis as Leader in Collateral Management

November 8, 20244 min

Global Fintech leader Broadridge Financial Solutions, Inc., announced that its Banking Book Collateral Management Technology, COLLATE, has been recognized as a category leader in the latest Credit Lending Operations 2024 Report from Chartis, a leading provider of research and analysis on the global market for risk technology. The report evaluates the leading products offered in corporate, small and medium enterprise lending, syndicated lending and private/non-bank credit. Broadridge is highlighted as the overall leader for Completeness of...

by PRNewswire

Platforms

KOHO Launches New eSIM Feature Provided by Boxo and Airalo

October 30, 20245 min

Canadian fintech KOHO enhances global connectivity with seamless eSIM integration powered by Singapore-founded startups Boxo and Airalo.

by BusinessWire

Banking

Uptiq launched Uptiq AI Workbench Built for Regulated Financial Services

October 28, 20245 min

Uptiq, a leader in AI-driven financial solutions, is proud to announce the launch of its new, vertically integrated Uptiq AI Workbench, designed to transform how banks, credit unions, and wealth management will deliver AI-First experiences to their clients. Deployed in over 350 financial institutions including large, highly regulated financial services firms such as Focus Financial Partners, UPTIQ AI has processed over $1 billion in loans, proving its reliability and efficiency in the financial services sector. Specifically, UPTIQ...

by PRNewswire

Payments

PayToMe.co Joins North American Partner Conference

October 14, 20245 min

Expanding Strategic Partnerships with US Bank for Global Financial Inclusion

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