FinancialSoftware Archives - Global FinTech Edge

Finance teams spend too much time wrestling spreadsheets and shuffling data—leaving little room for strategic decision-making. Maximor, a finance automation startup, aims to flip that equation. The company just announced a $9 million seed round to expand its AI-powered platform, which integrates with ERPs, payroll, billing, and banking systems to automate repetitive accounting tasks while producing audit-ready outputs by default.

Finastra to Sell Treasury and Capital Markets Business to Apax in 2026 Deal

Finastra, a global leader in financial software, has agreed to sell its Treasury and Capital Markets (TCM) business unit to an affiliate of Apax Partners LLP. This strategic move aims to streamline Finastra’s portfolio and support growth in its core financial services software offerings. Upon completion, TCM will operate independently and be rebranded.

Xero and Karbon Integrate to Enhance Efficiency and Productivity for Accounting Firms

Xero, the global small business platform, has announced a new integration with Karbon, a leading accounting practice management platform. This collaboration delivers a solution designed to simplify workflows, save time, and boost productivity for accounting professionals, addressing the evolving challenges faced by modern accounting firms.