Serrala, a heavyweight in finance process automation, has officially launched its next-gen Cash Application capabilities within its cloud-native Alevate AR platform—promising to do for accounts receivable what AI has already begun doing for customer service and fraud detection: automate the tedious, kill the inefficiencies, and give humans back their time.
Spendesk Becomes First Profitable European Spend Management Platform, Hits Growth Milestone Ahead of Schedule
Spendesk, the AI-powered spend management and procurement platform, today announced that it has achieved full profitability for the first time, marking a pivotal milestone for both the company and the broader European fintech landscape.
In a space long dominated by spreadsheets, memory, and manual research, Claira is bringing modern AI to private credit and deal analysis. Today, the company announced it has closed a $7 million seed round co-led by Barclays, Citi, and Reimagine Tech Ventures, with participation from Activant Capital, KDX, and OPCO Ventures.
Billtrust, a market leader in B2B accounts receivable (AR) automation and payment solutions, has named Tarek Saleh as its new Chief Revenue Officer (CRO). The appointment comes at a critical juncture as the company advances its mission to revolutionize AR processes through cutting-edge AI technologies. In his new role, Saleh will oversee global sales initiatives across the Americas and EMEA, reporting directly to CEO Sunil Rajasekar as part of the executive leadership team.
Rocktop Technologies LLC, a leading AI-enabled Solutions as a Service firm specializing in legal and mortgage capital markets, announced the acquisition of Incenter Capital Advisors. Incenter is a top advisory firm in mortgage servicing rights (MSRs) trading, pricing, and post-transaction support.
Broadridge Financial Solutions Inc. has announced the award of a new U.S. patent that covers its innovative large language model orchestration methods used in BondGPT. This GenAI-driven application is transforming fixed-income trading by enhancing data processing, personalization, and compliance through orchestrated machine learning agents.
Entercard, a prominent Nordic financial services firm, has partnered with global analytics leader FICO to enhance its fraud detection and prevention capabilities. By leveraging the FICO® Platform, Entercard aims to combat fraudulent account openings and secure customer identities using advanced AI and analytics.
Eventus, a leading provider of trade surveillance and financial risk solutions, has announced Wealthsimple as a new client using its Validus platform for trade surveillance across various asset classes. Wealthsimple, one of Canada’s fastest-growing financial services platforms, manages over $50 billion in assets, catering to more than three million clients.
Financial Software and Systems (FSS), a global leader in payments technology, hosted the Dubai edition of its flagship event, Simply Payments 2025, under the theme “Reimagining Payments in the AI Era.” The event brought together top minds in Fintech, Government Payments, and Artificial Intelligence (AI), addressing the growing importance of AI in transforming the financial services industry, particularly in the UAE.
