BNY Mellon has introduced a White Labeling service for its LiquidityDirect platform. This service enables financial institutions to offer their clients liquidity management solutions, including short-term investments, the bank said in a Monday (Oct. 23) press release. LiquidityDirect, which handles nearly $15 trillion in annual transaction flow for over...
Danish startup Dealflow hopes to move beyond its invoicing roots after raising $700,000. The company will use the capital to help support a vision of developing an artificial intelligence (AI) “worker” to automate finance, according to a company blog post. “We’re already moving hundreds of...
Frictionless commerce company Skipify says it has landed new funding from Samsung’s investment group. The company says the investment by Samsung Next, announced Thursday (Oct. 19), will let Skipify accelerate the development of its digital wallet. “We invested in Skipify because of the potential this seamless and native checkout experience could bring...
Web3 has a branding problem. Far from being simply synonymous with crypto, decentralized finance and blockchain will do much to transform industries that have been mired in paper, in invoices, fragmented and friction-filled when it comes to payments. And, as Austin Noronha, managing director of...
Digital wholesale ecosystem JOOR has raised $25 million to expand its platform for fashion retailers and develop its JOOR Pay solution. The round was led by Brightwood Capital and Tamarix Capital Partners, with participation from existing investors Macquarie Capital, Battery Ventures, and Canaan Partners, JOOR said in...
Prove Identity, a smartphone-based identity verification startup, has secured $40 million and reached unicorn status with a valuation exceeding $1 billion. The company will use the capital to “launch new commerce enablement and fraud-fighting use cases, continue Prove’s global expansion, and address the evolving threats...
Overall, the tide may be turning away from direct to consumer (D2C) toward brick-and-mortar, but shoppers continue to demand digital convenience when it comes to highly personalized items — a trend that is benefitting eyewear brand Pair Eyewear. The company announced Tuesday (Oct. 10) that...
Carefull secured $16.5 million in funding through a Series A round to grow its artificial intelligence (AI)-powered financial safety platform for senior citizens. Carefull will use the capital to expand its platform, establish new enterprise partnerships and advance its behavioral engine, the company said in...
Plenful has raised $9 million to continue bringing its artificial intelligence (AI)-powered workflow automation platform to healthcare and pharmacy operations. With more than 20 health systems and pharmacy customers utilizing its platform, Plenful aims to improve efficiencies in patient care while combating staff burnout, the company...
