Baker Hill Partners with FlashSpread

Baker Hill, a leading financial technology provider in delivering solutions for loan origination, risk management and analytics, has partnered with FlashSpread, a BeSmartee company that provides cloud-based software solutions to automate the spreading process for tax returns. Through the partnership, financial institutions using Baker Hill NextGenÂź can leverage FlashSpread’s auto-spreading technology to gain a comprehensive view of a taxpayer’s financial situation quickly and easily without time-consuming, manual data entry. FlashSpread streamlines the tax analysis process by...

Customers Demand More From Banks as Cost-of-Living Crisis Bites

New study of 5,000 banking customers reveals they feel their bank hasn’t been proactive enough in supporting them through the worst economic crisis in decades Most customers have had no communication from their bank in recent months with guidance on managing their finances at this difficult time and feel their bank doesn’t care about them Banks are missing an opportunity to win new customers and build long-term customer loyalty by proactively helping customers improve their...

Progcap raises US$40 mn in investment round led by notable players

Creation Investments, a global alternative asset manager and leading impact investor in emerging markets, today announced it has led a US$40 million private equity investment in Progcap, a pioneer in corporate-led financing solutions for small and mid-size businesses (SMBs) in India. Existing investor Tiger Global Management is also leading this Series C extension investment round along with Google, a new investor. Existing investor Sequoia Capital India also participated. To date, Progcap has raised approximately US$100 million in equity and will...


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