All articles by Refna Tharayil
Refna Tharayil
Nium introduces real-time bank account verification solution Nium Verify
Designed to allow instant verification of beneficiary bank account details, Nium Verify is available across 50 markets for both businesses and individuals
Mission Wealth announces merger with JLFranklin Wealth Planning
JLFranklin Wealth Planning was founded in 1999 by Joyce Franklin
First Carolina Bank to acquire BM Technologies in $67m deal
Following the completion of the transaction, BM Technologies will become a private entity with its shares delisted from the NYSE
Uptiq unveils new vertically integrated enterprise AI platform Uptiq AI Workbench
The new platform is aimed at modernising the way banks, credit unions, and wealth management firms deliver AI-first experiences to their clients
Nautic Partners raises $4.5bn for its eleventh fund Nautic Partners XI
Fund XI was oversubscribed at its hard cap of $4.5 billion of limited partner commitments, surpassing its target of $3.75 billion
Socure to acquire real-time risk decisioning firm Effectiv in $136m deal
The integration of Effectiv’s platform will allow Socure to apply complex, combinatorial rules on its own and third-party solutions
Atomic and M1 Finance partner on direct deposit capabilities
Atomic’s deposit solution has gone live on M1’s Invest and Earn products, allowing users to automate payroll deposits directly into their investment portfolios or cash accounts
Modern Wealth Management acquires $1.4bn RIA Petso Financial
This asset purchase transaction was guided by the Alaris Acquisitions Deal Advocacy process
Wealthtime to drive business transformation with Wipro and GBST
Through the partnership, Wealthtime and Wealthtime Classic platforms will be integrated under a unified brand
Mortgage servicing platform Valon raises $100m in Series C
Led by WestCap, the funding round also had participation from both new and existing investors, including Andreessen Horowitz