DOY Federal Credit Union

CORE BANKING

CIBC | March 10, 2022

CIBC Innovation Banking is excited to announce that it will finance Dublin-based Phorest Salon Software (“Phorest with $12 million) to accelerate business growth. Phorest Salon Software is a leading online booking and management software provider for salon owners. Phorest will expand its market position and accelerate its strategic products with the help of capital. CIBC Innovation Banking has provided incredible support to our team at Phorest over the ...

FINTECH

Wipro Limited | September 14, 2021

Wipro Limited, a leading global information technology, consulting and business process services company, has partnered with Tennessee-based First Horizon Bank (FHN) to transform the core banking channels and servicing capabilities of VirtualBank, an established digital bank that FHN inherited from Louisiana-based IBERIABANK as part of the merger completed in 2020. The combined entity’s assets are approximately $87 billion. Wipro worked with six other companies to streamline...

FUNDING

Soldo | July 22, 2021

Soldo, the leading European pay and spend automation platform, today announced the completion of a $180 million Series C investment round, a European record in the spend management category. Temasek, a significant global investor headquartered in Singapore, led the funding. Sunley House Capital, Advent International's crossover fund, and Citi Ventures are among the new investors in the round, which also includes debt funding from Accel, Battery Ventures, Dawn Capital, and Sili...

Visa | February 12, 2020

Visa has made a strategic investment in ChargeAfter as part of a broader deal with the point-of-sale financing technology platform. ChargeAfter connects merchants and lenders to give shoppers personalised financing options from multiple sources at the point of sale. Under the agreement, Visa's network of sellers, acquirers and issuing banks will be able to use ChargeAfter's platform to distribute a range of POS financing and credit instruments to in-store and ecommerce sellers. Visa'...