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Brex Notches $150M To Advance Expense Management Tools

PYMNTS

FinTech startup unicorn Brex has closed a $150 million funding round led by previous investor DST and new investor Lone Pine Capital, Brex said in a statement on Tuesday (May 19). Brex is tapping the new funds for engineering and design to advance its tools for expense management and procurement. “We

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GBST named in top 100 most innovative WealthTech companies in the world for the third year running

Bobsguide

For the third consecutive year, GBST has been named in the top 100 most innovative companies across the wealth and asset management industry, cementing its position as a global leader. There are strong structural growth drivers in the global wealth management space which are set to significantly increase GBST’s addressable market.

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Xeeva Enhances Procurement Spend Data Management

PYMNTS

In an effort to help clients tackle critical challenges and experience quick ROI during the complete procurement process, Xeeva said it has put significant enhancements throughout its array of products into place. In separate news, Tradeshift teamed with Chain IQ to offer procurement services innovation.

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Relias Teams Up For Healthcare Payroll, Workforce Management

PYMNTS

Human services technology provider DATIS HR Cloud has announced in a press release a partnership with Relias to provide a more holistic workforce management experience for healthcare organizations. The event will take place Oct.

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UK assets on GBST’s Composer® Wealth Management Platform, grow by a fifth in 2021

Bobsguide

Assets on GBST ’s award-winning wealth management platform, Composer®, increased by almost a fifth (18%) to nearly £180 billion, and active accounts rose by 7% to reach 3.4 The post UK assets on GBST’s Composer® Wealth Management Platform, grow by a fifth in 2021 appeared first on Bobsguide. million in the year ended December 2021.

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Brex Offers FDIC Insurance, Adds Chief Legal Officer

PYMNTS

Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). This partnership aligns with UMB’s strategy of working with best-in-class innovators like Brex.”. Brex also announced Katie Biber has been named chief legal officer.

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Cashfree Targets India’s Lenders With Disbursement API

PYMNTS

The company said it’s currently working with lenders, loan management software and banks on its credit disbursal approach. Innovations in the payments technology space have played a crucial role in driving this evolution. With the new API, Carefree has plans to aid more than 1,000 businesses to automate loan disbursals by 2021.

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