Pathway Capital Management

Fintech

Brex | August 19, 2021

U.S. fintech company Brex, the all-in-one finance solution for growing businesses, today announced its $50 million acquisition of Israeli-based Weav, which offers a universal API for commerce platforms. The acquisition allows Brex to expand its global presence by establishing an innovation hub in Israel. Brex offers credit cards, business cash accounts, spend management and bill pay software together in a single dashboard for its growing customer base, though it will continue to e...

Envestnet, Lumin Digital | April 15, 2021

Abe.ai, a pioneer in AI-powered virtual assistant products for financial institutions, and Lumin Digital (a PSCU company), a leading provider of online and mobile digital banking solutions, announced a multi-year collaboration today that will allow Lumin to deliver Abe's fully-integrated Virtual Financial Assistant (VFA) to its clients. Abe.ai's VFA will be introduced at Lumin's digital banking layer and incorporated in the authenticated, mobile, and online banking pla...

Payments, Fintech

Marqeta | January 31, 2023

On January 30, 2023, Marqeta, the world's leading modern card issuing platform, announced that it reached an agreement to acquire Power Finance, Inc. ('Power'), a provider of software for managing credit card programs. The transaction is anticipated to close in the first quarter of 2023, subject to the fulfillment of customary closing conditions. Simon Khalaf, the newly-appointed CEO at Marqeta, expressed, "We're thrilled to welcome the Power team and produc...

Security and Compliance

Glia, LitLingo | December 02, 2020

LitLingo Technologies, an AI organization giving proactive compliance and risk-mitigation technology and Glia, a main supplier of Digital Customer Service, are cooperating to offer AI-driven compliance usefulness to Glia clients. The objective of the joining is to guarantee specialists give the highest caliber of administration to clients while maintaining steady compliance with rules and rules set up by banks and credit unions. With the LitLingo offering, specialists utilizing Gl...