FINBOURNE Technology, the UK-based fintech, has raised GBP55m (USD70m) in Series B funding. This latest round was led by Highland Europe and AXA Venture Partners and follows a Series A funding round of GBP15m (19m) in 2021. The company will remain majority employee-owned. This investment will fund the next phase in FINBOURNE’s commercial development, including…
Category: FinTech
Gonzalez joins Amundi
Nicolas Gonzalez has joined Amundi Technology as a sales and relationship manager. Gonzalez spent 15 years at SGSS, including assignments in India and Russia, before a brief spell with Bank GPB International in Luxembourg. He is based in Paris.
Vistra partners with Fenergo
Vistra, the Asia-based provider of business services, has appointed Fenergo, the provider of digital solutions for KYC, transaction monitoring and CLM, to deliver frictionless global onboarding. Vistra’s global incorporations team is collaborating with Fenergo to deploy its SaaS-based CLM product to digitally transform processes for global entity onboarding, KYC and ongoing due diligence.
Broadridge gets new COO
Roz Smith has joined Broadridge International as COO. Smith, who is based in London, will work with Mike Sleightholme, president of Broadridge International. Prior to joining Broadridge, Smith spent eighteen years at HSBC.
Ripple acquires Standard Custody
Ripple, the UK fintech, has completed the acquisition of Standard Custody & Trust Company, a U.S.-based regulated custodian for digital assets. The acquisition adds a limited purpose trust company regulated by the New York Department of Financial Services, and follows the 2023 acquisition of Metaco, a Swiss-based provider of digital asset custody and tokenisation technology.…
ECPOConnect goes live
BNY Mellon has gone live with the first client for ECPOConnect, a collateral optimisation service developed in collaboration with Pirum Systems, the post-trade services fintech. The inaugural client is a Canadian bank. This new service combines BNY Mellon’s collateral management service, ECPO, with Pirum’s CollateralConnect platform, a SaaS-based solution supporting front-to-back cross-asset margin, collateral and…
DTOS opts for PAXUS
DTOS Ltd, a corporate service provider within the Mauritius International Financial Centre, has selected the PAXUS fund administration system for its third-party accounting operations. DTOS has opted for a full SaaS PAXUS-CLOUD deployment model. PAXUS is provided by PFS, a subsidiary of Apex.
FundGuard links to ICE
FundGuard, the multi-asset and multi-book investment accounting utility which is backed by Citi and State Street, has formed a collaboration with ICE’s data services business, which is part of Intercontinental Exchange, the operator of global exchanges and clearing houses and provider of data and listings services. The collaboration will provide asset managers, asset owners and…
Fenergo launches AI CLM upgrade
Fenergo, the Ireland-based provider of digital solutions for KYC, client lifecycle management (CLM) and transaction monitoring, has launched AI Powered CLM, a new set of AI capabilities which aim to boost operational efficiencies, accelerate onboarding and improve end-user experiences while reducing costs associated with KYC and AML compliance. The introduction of AI to Fenergo’s CLM,…
HSBC leads fundraising for Marketnode
HSBC has led a Series A investment round for Marketnode, the Singapore-based digital market infrastructure operator, alongside contributions from existing shareholder Temasek. The investment will be used to scale Marketnode’s platforms and realise the shareholders’ ambitions to develop a multi-asset ecosystem, starting in Asia-Pacific. Since 2020, HSBC and Marketnode have co-developed a digital market infrastructure…