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/retail

IndoStar Capital Finance announces sale of IndoStar Home Finance to EQT

IndoStar Capital Finance Limited (IndoStar) today announced that its Board has approved the sale of its subsidiary, IndoStar Home Finance Private Limited (IHFPL) to WITKOPEEND B.V., an affiliate of BPEA EQT Mid-Market Growth Partnership (“EQT”), a global private equity investor, for INR 1,750 crore on a fully diluted basis.

/payments

Watermelon Ecosystem partners with Biz2X for embedded lending and invoice financing

Biz2X, a global fintech headquartered in New York City whose small business finance platform is used across countries like the U.S., India and Australia with over $10 billion USD funded to date, today announced that the technology platform is powering a new SME financing program from food & beverage platform company, Watermelon Ecosystem.

/retail

LWCC selects Akur8 core platform

Akur8, the next-generation insurance pricing solution powered by transparent machine learning, is excited to announce its recent collaboration with Louisiana Workers’ Compensation Corporation (LWCC), Louisiana’s largest workers’ compensation carrier, dedicated to excellence in execution from underwriting to life-long care of an injured worker.

/payments

MoneyGram and dLocal form partnership

dLocal, the leading cross-border payment platform specializing in emerging markets, today announced a strategic partnership with MoneyGram, a leading global financial technology company that connects the world’s communities.

/crypto

Dfns Wallet Infrastructure arrives on Temenos Exchange

Dfns, a leading provider of wallets-as-a-service (WaaS) solutions, today announced Dfns Wallet Infrastructure is available on Temenos Exchange, the partner ecosystem of integrated fintech solutions.

/retail

Project Nemo launches film and podcast series campaigning for disability inclusion in fintech

Today, Project Nemo, the initiative accelerating disability inclusion within fintech, launches a new film series and podcast that urges the industry to better serve disabled people — the UK’s largest minority.

/ai

Klarna adds features to AI-powered assistant

Klarna, the AI-powered global payments network and shopping assistant, today announced new features to its AI assistant powered by OpenAI.

/markets

SS&C to acquire settlement claims processor for $670 million

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced a definitive agreement to acquire Battea-Class Action Services, LLC, a market-leading provider of securities class action claims management and settlement recovery services.

/ai

Colendi AI debuts ColendiMind

Colendi AI, a leader in fintech innovation, introduces ColendiMind, an advanced AI solution aiming to enhance decision-making, improve customer experience, and boost loan performance for financial institutions globally.

/retail

CSI acquires Velocity Solutions

CSI, a leading provider of end-to-end financial software and technology, today announced the acquisition of Velocity Solutions.

/retail

OPDA launches new research into home buying

A new research project launched this month is set to discover what buyers think should be done to improve homebuying in the UK.

/crypto

Boerse Stuttgart Digital provides crypto infrastructure to DZ Bank

Boerse Stuttgart Digital is the crypto infrastructure partner of DZ BANK, representing the German cooperative banking group - one of the largest banking groups in Europe and the second largest one in Germany.