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FinTech Swan Raises $39 Million to Expand Embedded Banking in Europe
FinTech Swan Raises $39 Million to Expand Embedded Banking in Europe
September 13, 2023  |  Investments

Embedded banking platform Swan has raised $39 million in a Series B funding round. “I’m not obsessed with fundraising, but this news is big,” Nicolas Benady, the French...

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BlackLine Launches AI-Enabled Intercompany Accounting Tool
BlackLine Launches AI-Enabled Intercompany Accounting Tool
September 13, 2023  |  B2B Payments

BlackLine, a cloud finance software company, has begun the rollout of its artificial intelligence (AI)-enabled intercompany accounting capabilities.  This new solution, known as Intercompany Predictive Guidance,...

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Treasury4 Raises $20 Million to Support Changing Role of CFO
Treasury4 Raises $20 Million to Support Changing Role of CFO
September 13, 2023  |  Investments

Treasury4 has raised $20 million to expand its software platform for treasury and finance practitioners. The company announced its Series A funding — led by WestCap — in...

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Hokodo and Fuse Collaborate to Enhance Credit Offering in UK
Hokodo and Fuse Collaborate to Enhance Credit Offering in UK
September 13, 2023  |  B2B Payments

Hokodo, a provider of digital trade credit solutions, has joined forces with Fuse, an artificial intelligence (AI)-powered transaction analytics firm, to enhance Hokodo’s credit offering for...

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H&M Embraces Secondhand Retail With ‘Pre-Loved’ Collection
H&M Embraces Secondhand Retail With ‘Pre-Loved’ Collection
September 13, 2023  |  Retail

H&M is planning to sell secondhand clothing from its flagship London store. The Swedish apparel retailer will debut its “Pre-Loved” collection of womenswear Oct. 5,...

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German Footwear Brand Birkenstock Announces Plans for IPO in New York
German Footwear Brand Birkenstock Announces Plans for IPO in New York
September 13, 2023  |  Retail

Birkenstock has filed to go public through an initial public offering (IPO) in New York. The German footwear brand did not specify in its Tuesday (Sept....

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MGM Resorts Hack Becomes Hassle for Vacationers Who Must Use Cash
MGM Resorts Hack Becomes Hassle for Vacationers Who Must Use Cash
September 13, 2023  |  Cybersecurity

The cyberattack on MGM Resorts is still reportedly causing trouble for travelers. Guests at the MGM Grand in Las Vegas are dealing with restaurants and...

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Versatile Credit Lands Growth Investment From PSG
Versatile Credit Lands Growth Investment From PSG
September 13, 2023  |  Investments

Credit platform Versatile Credit has earned the confidence of growth equity firm PSG. The Pennsylvania-based company announced Wednesday (Sept. 13) that it had received a strategic growth...

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Binance.US Cuts Third of Workforce as CEO Departs
Binance.US Cuts Third of Workforce as CEO Departs
September 13, 2023  |  Personnel

The head of Binance.US has reportedly left the cryptocurrency company. Brian Shroder, who had been the exchange’s CEO since 2021, has resigned, the Wall Street...

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