In a decisive move to hasten the growth of Insurance Systems Inc. (ISI), NexPhase Capital has stepped in with a strategic private equity investment. While the exact figures were kept under wraps, what's crystal clear is ISI's intention to leverage these funds to significantly reinforce
India's Unified Payments Interface (UPI) has not only revolutionized the way transactions are carried out but has also paved the way toward a cashless economy. The remarkable adoption rate of UPI is a clear indicator of its success, with a volume of transactions that dwarfs the use of
In the quest to foster financial inclusivity within the education sector, Scolaris Finance and Sopra Banking Software (SBS) have aligned their innovative spirits and technological savvy. This strategic fusion is destined to address a stark need: extending financial bridges to students and educators
The fintech innovation wave shows no signs of abating, and riding the crest is Forward, a startup determined to recalibrate how software as a service (SaaS) companies handle their payment processes. With a hearty injection of $16 million in seed funding, guided by the adept hands of Brandon Lloyd,
As we delve into the dynamic world of financial technology, or fintech, it's impossible to ignore the remarkable journey of peer-to-peer (P2P) lending. Once a fledgling niche touted for its innovative approach to financing but dogged by perceptions of risk, P2P lending has blossomed into a
In an ambitious and strategic move, My Digital Accounts, a frontrunner in cloud-based payroll and accounting software, has entered a new business chapter. The company's CEO, John Whelan, has successfully spearheaded a management buyout (MBO), acquiring 51% of the business. This transaction was
