BANKING & ENTERPRISE TECH

BANKING & ENTERPRISE TECH

AP Automation Co MineralTree Raises $50M

MineralTree, an accounts payable and payment automation company, announced Wednesday (March 27) it closed a $50 million growth equity investment fundraising round. Read more: pymnts.com

ING and Bank of Beijing to Pump $448M into Digital Banking...

ING and Bank of Beijing are collaborating on plans to set up a joint venture digital bank in China. Read more: finextra.com

Sayata Labs Raises $6.5M for AI that Assesses Cyber Risk

Sayata Labs, a Tel Aviv startup developing an AI software-as-a-service (SaaS) solution that empowers insurance brokers to assess businesses’ cyber risk, today emerged from stealth with $6.5m in seed funding led by Elron. Read more: venturebeat.com

Nelito gains Myanmar microfinance win

India-based low-end core banking system provider, Nelito Systems, has won a deal from Alliance for Microfinance in Myanmar, reports Martin Whybrow. Read more: www.bankingtech.com

Citi Ventures Leads $28M Round for Client Management Startup HoneyBook

Citi Ventures led a $28m Series C equity round for client management platform HoneyBook, the company announced today. Read more: bankinnovation.com

New cash flow platform Avrium hits the UK market

Avrium is a new online platform designed to help start-ups and small businesses in the UK manage their biggest risk factor – cash flow.  Read more: www.bankingtech.com

genesis collaborates with Linear Investments to deliver Real-time Portfolio Margin (RPM)...

genesis, the international capital markets software firm has worked with Linear Investments, a specialist prime broker and an award winning hedge fund incubator, to launch Real-time Portfolio Margin (RPM), a new scalable solution for cash & margin management in real-time. Read more: www.fintech.finance

Temenos gains new business from Akcelerant-derived user base

AI solutions provider AnyMind Group has closed its series B round at US$21.4m after receiving funding from Thai tech firm VGI Global Media and Japanese financial services company Tokyo Century. Read more: www.bankingtech.com

US-based Stockman Bank goes digital with NCR

Stockman Bank has selected NCR Corporation’s digital solution for its business banking. Read more: www.bankingtech.com

Jack Henry Hits Faster Payments Milestone

Jack Henry & Associates, Inc. (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Read more: finextra.com