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Payments
Volante | February 10, 2022
Volante Technologies and FIMBank to extend their payments innovation journey. Volante Technologies, the cloud payments and financial messaging leader, announced its extension in support of plans to deploy additional rails and components from the Volante Payments as a Service (PaaS) cloud-native payments processing platform. FIMBank is a leading trade finance and forfaiting solutions provider and has served in the payment sector for a long period. The first suite of collaboration b...
Fintech
Cepton Technologies | February 14, 2022
Cepton Technologies, Inc. and Growth Capital Acquisition Corp. announced the completion of their previously announced business combination. Cepton Technologies, Inc. is a Silicon Valley innovator and leader in high-performance lidar solutions. The business combination was agreed upon at a particular meeting of GCAC’s stockholders on Wednesday, February 9, 2022. “The day is a special milestone for Cepton,” said Dr. Jun Pei, Cepton’s Co-Founder and CEO. &ldqu...
Sila | April 09, 2020
Sila, the banking and API payment platform set up by former Simple co-founder Shamir Karkal, has closed a $7.7 million seed funding round. The round is co-led by VC firms Madrona Venture Group and Oregon Venture Fund, with support from Mucker Capital, 99 Tartans, Taavet Kinrikus, CEO & Co-founder of Transferwise, and investor & entrepreneur Jerry Neumann. Sila launched its Infrastructure-as-a-Service (IaaS) platform in April 2019 to help companies integrate their business applications wi...
IBM, EY | May 10, 2021
IBM and EY have joined forces to create a centre of excellence dedicated to helping financial institutions accelerate their digital transformations with hybrid cloud solutions. The majority of banking and financial services organisations have yet to deploy core systems to the cloud due because of the huge complexity and concerns over security, risk, governance and control. According to a 2020 IBM survey, while 91% of financial institutions are actively using cloud s...
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Financial Management, Digital Banking
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