Financing

nCino, the worldwide leader in cloud banking, announced that Funda Finance Partners, a Newcastle-based financial services provider primarily serving Australian small and medium-sized enterprises (SMEs), has chosen the nCino Bank Operating System to streamline its lending processes and enhance...

Receipt Bank will use the funds to extend its product suite, and advance its expansion in Europe, Australia and North America. UK-based paperless bookkeeping platform provider Receipt Bank has secured a total of $73m (£55m) equity and debt investment...

The new health insurance partnership between Cigna and Oscar will revolve around the integration of integrated medical, behavioral and pharmacy services. American health insurance giant Cigna has announced a partnership with more recent market entrant Oscar to provide commercial...

PayU’s consumer lending business LazyPay and PaySense, India’s fastest growing digital credit platform, have announced the plans to merge their business operations to build a full-stack digital lending platform in India. PayU will acquire a controlling stake in PaySense...

Visa is to acquire US payments giant Plaid for $5.3bn, a software startup that is used by the likes of Venmo, Robinhood and Coinbase. Plaid, which helps companies connect to users’ bank accounts, was last valued at $2.65bn in...

Blucora expects the acquisition of HK Financial Services to add around $4.4bn to its total client assets, taking its total to over $72bn S-based tax-smart financial solutions provider Blucora signed an agreement to acquire HK Financial Services (HKFS), a privately-held...

The Japanese bank, through the alliance with OCB Bank, plans to promote new investment banking and on-line banking operations in Vietnam. Aozora Bank, a Japanese commercial bank, is set to acquire a stake of 15% in Vietnamese mid-sized bank Orient...