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TechNews
Featuring news on business transactions, innovation, strategic relationships, launches of technology and investment


Alter Domus focuses on US expansion and purchases Investors Economic Assurance for its technology
"We are pleased to bring on the IEA team and the incredible technology platform they have built and mastered over the years..."
5 min read


NYSE-Listed Lufax launches AI-powered smart loan solution for smaller businesses
Xingyun leverages AI to simplify the loan application process, reducing the average time spent in a loan application process...
5 min read


Financial Services Platform Company, Social Finance to merge with SPAC and trade on Nasdaq on June 1
SoFi raised approximately $2.4 billion in cash proceeds from the transaction to fuel growth, market expansion and development of new...
5 min read


Cyberdyne Tech Exchange to launch regulated digital exchange to be powered by Nasdaq Technologies
"We believe security tokens will be the new equity and will drive the next wave of the digital economy"
3 min read


SUMA Saas receives invstment to expand product and geographic expansion in Latin America
With more than 100,000 small businesses supported, SUMA is the Spanish speaking Latin America's largest financial automation platform
3 min read


AnthemIQ raises $10 million to expand its software for commercial real estate transactions
Launched in February 2021, AnthemIQ provides one simple digital platform to manage the entire CRE transaction from search to signed lease.
2 min read


Builders Capital launches platform that empowers brokers as middlemen in construction lending
Builders Capital is proud to bring technological advancements into the sector of private money lending
2 min read


Signal Advisors closes on $16 million to build end-to-end platform for financial advisors
Signal will use this new financing to invest in extending the platform to a true end-to-end platform for the independent financial advisor.
3 min read


Nowlake Technology and InformedIQ to automate the collection, analysis, and funding of auto loans
Nowlake and Informed.IQ have been collaborating on the technology for three years. Currently 70% of Westlake loan documents are cleared...
3 min read


Next-generation payments platform Panagea Universal acquired by Enova
"We are proud to have helped underbanked people seamlessly complete millions of money transfers in our nearly ten year history...
3 min read


Fireblocks Raises $133 million to bring banks and fintechs into crypto
"Fireblocks has built the most powerful technology stack for anyone that's looking to get into the digital asset business," said Ken Fox...
3 min read


eFactor Network and PrimeRevenue Expand Supply Chain Finance Capabilities in Latin America
"Partnership expands access to working capital solutions across LATAM region" "PrimeRevenue, Inc., the leading provider of...
1 min read


Forward Financing Reaches $1 Billion in Funding to Underserved Small Businesses
"Boston-based Fintech Company Expands Main Street's Access to Capital During Pandemic, Achieves Major Growth Milestone...
1 min read


Stablecorp Announces Closing of C$2mm Strategic Consortium Financing Round to Launch World's...
Stablecorp Announces Closing of C$2mm Strategic Consortium Financing Round to Launch World's First Bank-Issued Deposit-Based Digital...
1 min read


AI-Driven Insurance Distribution Platform Wins $11 Million Financing Round
"A startup centered around an AI-driven platform for insurance distribution secured $11 million in Series A financing. Zelros plans to...
1 min read


ODX and Fundation to Combine and Form Linear Financial Technologies, the Leading Digital Account...
ODX and Fundation to Combine and Form Linear Financial Technologies, the Leading Digital Account Origination Platform "Leading Fintech...
1 min read


Persistent and FinMkt Partner to Bring Point of Sale Digital Lending Solutions to Banks and Credit..
Persistent and FinMkt Partner to Bring Point of Sale Digital Lending Solutions to Banks and Credit Unions 'The partnership will enable...
1 min read


Saudi fintech startup secures $1.2m seed funding
"The Kingdom has proved to be a fruitful market for investment in startups..."
1 min read


MoneyLion, America’s Leading Digital Financial Platform, to Become Publicly Traded via Merger...
MoneyLion, America’s Leading Digital Financial Platform, to Become Publicly Traded via Merger with Fusion Acquisition Corp. (NYSE: FUSE)...
1 min read


Consilient Bank Trials Demonstrate Federated Machine Learning Improves Effectiveness and Efficiency
"Consilient applies its federated learning model and machine-learning technology for anti-money laundering and countering the financing...
1 min read
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