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CORE BANKING, FINTECH

TRUIST LAUNCHES TRUIST ASSIST

Truist | September 19, 2022

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Truist Financial Corporation, today announced the launch of Truist Assist in its mobile banking app and online banking platform for personal banking (retail and wealth) clients. This AI-enhanced virtual assistant is the bank's latest example of its T3, or technology-plus-touch-equals-trust strategy, which combines innovative technology with personalized human touch to heighten client satisfaction and trust. The digital assistant leverages natural-language processing (NLP) and ...

Read More

GRID RAISES $12M IN SERIES A FUNDING LED BY NEA

Cision PR Newswire | August 26, 2020

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GRID, the SaaS startup with a mission to revolutionize the way people work with data and numbers, today announced that it has closed a $12M Series A funding round led by New Enterprise Associates (NEA), one of the world's largest and most active venture capital firms, with participation from existing investors BlueYard Capital, Slack Fund, Acequia Capital and other strategic partners. This financing will enable the company to bring its product to market and will power accelerated product dev...

Read More

PAYMENTS

VERVENT ACQUIRES TOTAL CARD

Vervent, Total Card | December 01, 2020

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Vervent declared the acquisition of Total Card Solutions today in the following stage towards additional development of the dynamic fintech company. Total Card has been a critical part in the credit card industry for more than 20 years with a heavenly standing for administration, more than 400 representatives, and two worldwide activities habitats. Their expansion to Vervent's tech-forward, demonstrated, agreeable, and productive methodology will keep on situating the company for future achi...

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PAYMENTS

CHOICE BRINGS ON NEXA EQUITY AS MAJORITY INVESTOR AND ACQUIRES DIRECT PAYMENT CONSULTANTS

Choice; Nexa Equity | April 27, 2022

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Nexa Equity LLC, a private equity firm focused on scaling lower middle market software and fintech businesses, announced today that it has acquired Choice Inc., a leading global payments platform. Additionally, Choice has acquired Direct Payment Consultants, a payments provider that partners directly with merchants. After the acquisition, Choice's platform will process more than $3 billion in annual payments volume across 7,000+ customers in the United States and Canada. The founding teams o...

Read More
news image

CORE BANKING, FINTECH

TRUIST LAUNCHES TRUIST ASSIST

Truist | September 19, 2022

Truist Financial Corporation, today announced the launch of Truist Assist in its mobile banking app and online banking platform for personal banking (retail and wealth) clients. This AI-enhanced virtual assistant is the bank's latest example of its T3, or technology-plus-touch-equals-trust strategy, which combines innovative technology with personalized human touch to heighten client satisfaction and trust. The digital assistant leverages natural-language processing (NLP) and ...

Read More
news image

GRID RAISES $12M IN SERIES A FUNDING LED BY NEA

Cision PR Newswire | August 26, 2020

GRID, the SaaS startup with a mission to revolutionize the way people work with data and numbers, today announced that it has closed a $12M Series A funding round led by New Enterprise Associates (NEA), one of the world's largest and most active venture capital firms, with participation from existing investors BlueYard Capital, Slack Fund, Acequia Capital and other strategic partners. This financing will enable the company to bring its product to market and will power accelerated product dev...

Read More
news image

PAYMENTS

VERVENT ACQUIRES TOTAL CARD

Vervent, Total Card | December 01, 2020

Vervent declared the acquisition of Total Card Solutions today in the following stage towards additional development of the dynamic fintech company. Total Card has been a critical part in the credit card industry for more than 20 years with a heavenly standing for administration, more than 400 representatives, and two worldwide activities habitats. Their expansion to Vervent's tech-forward, demonstrated, agreeable, and productive methodology will keep on situating the company for future achi...

Read More
news image

PAYMENTS

CHOICE BRINGS ON NEXA EQUITY AS MAJORITY INVESTOR AND ACQUIRES DIRECT PAYMENT CONSULTANTS

Choice; Nexa Equity | April 27, 2022

Nexa Equity LLC, a private equity firm focused on scaling lower middle market software and fintech businesses, announced today that it has acquired Choice Inc., a leading global payments platform. Additionally, Choice has acquired Direct Payment Consultants, a payments provider that partners directly with merchants. After the acquisition, Choice's platform will process more than $3 billion in annual payments volume across 7,000+ customers in the United States and Canada. The founding teams o...

Read More