Cegid, a European leader in cloud software for finance, HR, and retail, has entered a definitive agreement to merge with Shine, a fast-growing fintech unicorn providing digital business accounts, payments, e-invoicing, and payroll software to small businesses. The combination aims to create Europe’s first fully integrated, cloud-native, AI-driven financial hub for SMBs and accountants. The…
Camunda, a leader in enterprise process automation, has been selected by Československá obchodní banka (ČSOB) as the bank’s new orchestration and automation platform. The move is a key milestone in ČSOB’s group-wide modernization strategy, designed to simplify product offerings, streamline operations, and reduce system complexity across channels. The decision followed a rigorous RFP process involving…
Arendt Investor Services (AIS) is poised for its next growth phase after BlackFin Capital Partners agreed to acquire a majority stake in the company, subject to CSSF approval and standard closing conditions. Arendt, the Luxembourg-based law firm and consulting powerhouse, will retain a significant stake, ensuring continuity and strategic alignment. The deal also encompasses the…
Thredd, a leading global payments processor, has completed the migration of BigPay’s virtual and physical card portfolio from a legacy system to Thredd’s next-generation platform—a move that underscores the company’s expertise in complex, high-volume card migrations. The transition involved more than 2.5 million cards, demonstrating Thredd’s combination of advanced technology, structured processes, and deep migration…
Options Technology, a global leader in managed IT services for financial institutions, has renewed and expanded its five-year partnership with ConnectWise Cloud Backup, enhancing its flagship platform, AtlasWorkplace. The collaboration brings enterprise-grade backup and recovery directly into Microsoft 365 environments, ensuring clients’ data is fully protected, compliant, and easily recoverable. Since the partnership began in…
First Rate Ventures, the corporate venture arm of First Rate, Inc., is leading the charge in supporting financial advisors with human-centered technology. The firm today announced it has led the seed funding round for bQuest, a Denver-based Care Intelligence Platform designed to help advisors and clients navigate aging, end-of-life, and after-loss transitions.
Affirm is locking in more long-term fuel for its “buy now, pay later” engine. The company announced an expanded capital partnership with New York Life, America’s largest mutual life insurer, that will fund up to $750 million in Affirm installment loans through 2026.
Morgan Stanley Investment Management (MSIM) and Opportunity Finance Network (OFN) have announced the latest recipients of MSIM’s annual grant contribution to OFN’s Financing Fund: GROW South Dakota, Community Health Center Capital Fund (CHCCF), and Twin Cities Habitat for Humanity Lending, Inc.
FusionIQ, a major player in digital wealth management, is doubling down on its mission to modernize investing experiences. The firm has partnered with The Greens, a cloud-native brokerage incubated at Fidelity’s Center for Applied Technology (FCAT), to integrate advanced custody and broker-dealer capabilities into FusionIQ’s platform.
