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Startup News—nripn—September 13, 2024
Egyptian fintech startup Paymob has extended its Series B round to $72 million with $22 million in new funding, allowing it to continue its growth strategy at home and in the broader MENA region. Founded in 2015 by Islam Shawky, Alain El Hajj and Mostafa Menessy, Paymob is an infrastructure technology enabler providing payment solutions
AI in Finance—nripn—September 13, 2024
Latest AI innovations help customers increase productivity, expand insights, improve decision-making and capitalize on growth opportunities LAS VEGAS, September 9, 2024 /PRNewswire/ - SuiteWorld - Oracle NetSuite today announced new AI-powered updates for NetSuite Enterprise Performance Management (EPM)The latest updates will help finance teams streamline reporting, expand insights, improve decision-making, and steer their business toward
Startup News—nripn—September 13, 2024
Unicorn Fintech slice is reportedly preparing to raise Rs 300 crore (around $36 million) through convertible bonds debt. According to a report by Entrackr, several key investors including Taneja Family Trust, Anju Family Personal Trust, UK2 Family Trust and MN Family Trust will co-lead the debt. The report said each of these trusts invested Rs
AI in Finance—nripn—September 13, 2024
By 2026, the vast majority (90%) of finance functions will deploy at least one AI-based technology solution, but less than 10% of functions will see headcount reductions, according to Gartner, Inc. As chief financial officers (CFOs) are already making changes to fully leverage AI in financeA sense of uncertainty, unrealistic expectations and employee disengagement often
Market Rumors—nripn—September 13, 2024
The cryptocurrency market has turned bullish, with Bitcoin Fear and Greed Index hits 65%. Over $1 million poured into XRP funds this week, representing a 250% increase as the SEC case inches closer to a potential settlement. Could a verdict be on the horizon? Since the beginning of the SEC case, rumors of a “settlement”
Startup News—nripn—September 13, 2024
Based in Bengaluru financial technology loan platform Money Overview acquired fintech startup Jify in a share swap deal. Through this deal, Jify's two main investors Accel India and Nexus Venture Partners secured 60.2 lakh shares of Moneyview worth around $4 million. ET has accessed details of the deal through documents filed with the Registrar of
Technology Innovations—nripn—September 13, 2024
Pollya pioneer in mortgage capital markets technology, successfully raised $25 million in a growth capital funding round. This investment was led by 8VC, with continued support from seasoned investors including Menlo Ventures, Meritech, Khosla Ventures and Fifth Wall. Polly, a leading provider of next-generation mortgage solutions, operates the industry’s first cloud-native Pricing and Product Engine
AI in Finance—nripn—September 13, 2024
Luxspin Denver, CO, Sept. 11, 2024 (GLOBE NEWSWIRE) - Amid rapid advancements in financial technology, Luxspin Global Holding recently announced an increased investment in artificial intelligence (AI) and blockchain technology. This strategic move underscores Luxspin’s commitment to innovation in financial services, aiming to improve efficiency, optimize customer experience, and enhance the security and transparency of
Startup News—nripn—September 13, 2024
Bitcoin.com NewsLengthy Licensing Processes Stall Kenyan Fintech StartupsFintech startups face significant challenges when expanding into Kenya, mainly due to the lengthy and complex licensing process….7 hours ago
Breaking News—nripn—September 13, 2024
Welcome to The Fintech Times Bi-weekly news roundup for Tuesday, July 16, 2024 bringing you the latest updates from around the world. Appointment CUBE, a British regtech backed by mercury, has welcomed new members to its board of directors. Chelsea FC CEO Chris Jurasek joins as non-executive chairman, while Emma Brown joined as CFO. Stephane
AI in Finance—nripn—September 13, 2024
AI is maturing at an exponential rateGenerative AI is working and the hallucination problem is easing, says Rob Havasy, senior director of IT strategy at HIMSS..13 hours ago
AI in Finance—nripn—September 12, 2024
Listen to the article 6 minutes This audio is automatically generated. Please let us know if you have back. On Tuesday, CFO.com hosted The Future of Finance Virtual Conference to discuss the transformative leadership role of today's CFOs. Financial leaders — including Dr. Tim Naddy of Savannah Bananas, Amy Butte of Navan And Jean Cappadona
