Tagged: saas

Tandem Bank Goes Live on Mambu’s SaaS Banking Platform

    Mambu announced on Monday that Tandem Bank is now live on its software-as-a-service (SaaS) banking platform. Mambu reported nearly a year after signing, the implementation was officially finalized, followed by a four-month beta in late 2020 and a full rollout in early February 2021…. Read More

U.S.-Based SaaS Fintech HighRadius Raises $300 Million Through Series C Funding Round; Brings Valuation to $3.1 Billion

HighRadius, a U.S.-based fintech enterprise Software-as-a-Service (SaaS) company specializing in integrated receivables, announced on Tuesday it raised $300 million through its Series C funding round, which was led by D1 Capital and Tiger Global with participation from existing investors ICONIQ Growth and Susquehanna Growth Equity…. Read More

Modulr Comments on how Fintech Is “Driving Next Evolution” of Vertical SaaS Businesses

Modulr, a Payments as a Service API Platform for digital businesses, notes that they’re seeing the rise of the infrastructural Fintech. The company claims to have “front row seats” to see how Software as a Service companies (and customers) are adding various financial services to… Read More

Overfunding: SaaS Platform ScribeStar Surpasses £500,000 Funding Target Through Crowdcube Campaign

    Scribestar, a UK-based SaaS platform that digitises and automates the documentation and compliance processes required for raising capital on stock markets, has successfully secured its initial £500,000 funding target through its equity crowdfunding campaign on Crowdcube. Founded in 2010, Scribestar claims its platform is… Read More

Frontline Ventures, which backs B2B SaaS Firms with Dublin, London, San Francisco Offices, Launches New €70M Fund

Frontline Ventures, which supports several different Fintech companies including alternative lending platform Linked Finance, has introduced a €70 million fund. Frontline has also been backing Fintechs such as Clearbanc and Currencyfair. Frontline Ventures’ new fund includes strategic investments from the European Investment Fund, the Ireland… Read More

Singapore Insurtech CXA Group to Sell Brokerage Division, will Focus on SaaS Platform and Global Expansion

Singapore-headquartered Insurtech firm CXA Group has reportedly decided to restructure its operations by selling off its brokerage division so that it can focus on the development and global expansion of its enterprise software-as-a-service (SaaS) platform. CXA stated that it will be selling its brokerage business… Read More

New York City Seed Funding Reaches Record Levels with Focus on Freelancers, Healthcare, Bitcoin, Blockchain: Report

Primary Venture Partners, a seed-stage VC firm focused on supporting New York City’s “most promising” founders, notes that this past October (2020), they had revealed that Q3 2020 NYC seed activity was “the highest it had been since the record-breaking Q3 2019 quarter.” While third-quarter… Read More

Los Angeles based Fintech InvestCloud Completes Recapitalization, Wealth Platform Now Valued at $1B

California-headquartered Fintech firm InvestCloud has reportedly completed a recapitalization that now values the platform at around $1 billion. According to a release, new financial investors are led by Motive Partners with Clearlake Capital Group, L.P. and also includes other InvestCloud client shareholders. Under the terms… Read More

Denmark-Based SaaS Management Platform Oveo.io Scores €1 Million During Pre-Seed Investment Round

Oveo.io, a Denmark-based SaaS management platform, has secured €1 million through its pre-seed funding round from various angel investors. Founded in 2019, Oveo.io seeks to help modern IT and finance teams gain company-wide visibility into software speed and utilization. “Our SaaS Management Platform give modern… Read More

Banking Software Company Temenos Announces New Banks Core-Agnotic, SaaS Solution for Personalized Product & Services Launch

Temenos (SIX: TEMN), a banking software company, announces its next-generation Temenos Enterprise Pricing solution, which enables banks to design, manage and price innovative products, services, and product bundles using their own and third-party products. Accordingto Temenos, Temenos Enterprise Pricing can be deployed on Temenos Transact… Read More

Wolters Kluwer, a Compliance, Finance, Legal, and Tax Solutions Provider, Enhances UX for PPP Funding

Wolters Kluwer, a company providing information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors, has enhanced the end-to-end user experience for the latest Paycheck Protection Program (PPP) funding va TSoftPlus software and the eOriginal platform…. Read More

SaaS Tech Provider Datasite Completes Agreement to be Acquired By International Private Equity Firm CapVest

Datasite, a U.S.-based SaaS technology provider for mergers and acquisitions (M&A) professionals, announced on Wednesday it has completed its agreement to be acquired by funds managed by CapVest Partners LLP, an international private equity firm. Datasite reported that the transaction, which was first announced on… Read More

Fintech as a Service Providers in Mexico Likely to Face Serious Challenges due to New Regulations, Analysts Claim

A new regulatory policy has reportedly been introduced by Mexico’s financial industry regulator CNBV and it’s being referred to as “a death sentence” for firms that are providing Fintech-as-a-Service (FaaS) businesses, according to analysts. Carlos David Valderrama Narvaéz and Diego Montes Serralde from Legal Paradox,… Read More

Decentralized Oracle Network Chainlink Awards Development Grant to German Blockchain Firm Anyblock Analytics

Chainlink (LINK), a “decentralized” Oracle network that securely connects various blockchain-based smart contracts with data from “the real world,” has announced that it has awarded a grant to Anyblock Analytics, a Germany-based infrastructure provider and development “shop” for blockchain-powered solutions. According to a blog post… Read More

Australian Financial Advice SaaS Platform Lumiant Now Seeking Up to $1.5 Million Through Newly Launched Equities Crowdfunding Campaign

Australian financial advice software as a service (SaaS) platform Lumiant announced on Monday it is now seeking $1.5 million through its equity crowdfunding campaign on Equitise. Founded earlier this year, Lumiant describes itself as a soon-to-be live, interactive client experience SaaS solution that drives “better”… Read More

Singapore’s Propine, a Regulated Digital Asset Custodian, Partners Skyhook Capital, a Fintech SaaS Platform

Singapore-based Propine, an independent and regulated digital asset custodian, has partnered with Skyhook Capital, the Singapore-headquartered Fintech (software-as-a-service) SaaS platform that offers access to digital securities that may be incorporated within investors’ traditional wealth portfolios. According to a release shared with Crowdfund Insider, the partnership… Read More

Skyhook Capital, a Distributor of Investment-Grade Digital Assets, Partners Digital Asset Shared Ledger, a Corda based Liquidity Network

Singapore-based Skyhook Capital Pte Ltd, a Fintech firm focused on the distribution of “investment-grade” digital assets to institutional and retail clients, has teamed up with Digital Asset Shared Ledger (DASL), the global digital asset liquidity network for financial institutions that are built on Corda. As… Read More

Transcend, which Focuses on De-Risking Collateral Decision-Making, Secures $10 Million via Series A Round led by Nyca Partners

Transcend, a US-based firm that focuses on de-risking collateral decision-making, has managed to close an oversubscribed $10 million Series A investment round that was led by Nyca Partners. Transcend’s management noted that the company has seen significant growth as collateralized ventures or businesses look for… Read More

Acquisition Demand for Software as a Service (SaaS) Firms has Become “Even Stronger” following COVID, According to Industry Exec

Michael Walkinshaw from TIMIA Capital notes that the acquisition demand for software-as-a-service (SaaS) companies has become even stronger in a post COVID world. He states that there has been a noticeable increase in SaaS growth equity funding and M&A activity during the past few months…. Read More

SaaS & E-Commerce Business Subscription Service Chargebee Secures $55 Million Through Series F Investment Round Led By Insight Partners

Chargebee, a recurring billing platform for subscription-based SaaS and e-commerce businesses, recently announced it secured $55 million through Series F funding round, which was led by Insight Partners. As previously reported, Chargebee integrates with payment gateways such as Stripe, Braintree, PayPal to allow customers to… Read More

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