Welcome to Today’s FinTech Daily Roundup your go-to source for the latest developments in financial technology. As FinTech continues to redefine the way we bank, invest, insure, and manage money, staying ahead of fast-moving trends is essential for professionals and businesses alike. In today’s roundup, we bring you the most impactful updates across digital banking, blockchain, payments innovation, regtech, and more plus insights from thought leaders shaping the future of finance.
Forza Holdings Invests in KitchenSync to Fuel Expansion
Forza Holdings, a private investment firm known for fueling growth through structured and strategic financing, has announced new investments in KitchenSync, a rising star in AI-driven financial reporting and back-office software for the restaurant and hospitality world. This isn’t just another investment story it’s about partnership, trust, and shared belief in the power of innovation.
SWIVEL Appoints Jenna Cantwell as Chief Operating Officer
SWIVEL, a subsidiary of SWBC and a leading fintech company specializing in integrated payment and digital solutions, announced the appointment of Jenna Cantwell as its Chief Operating Officer (COO).A seasoned executive with deep expertise across operations, payments, risk, and compliance, Cantwell will oversee SWIVEL’s operational strategy and execution as the company continues to expand its footprint and deliver innovative payment solutions to financial institutions, businesses, and schools nationwide.
Candescent Appoints Kranti Talluri as VP of Developer Experience
Candescent, the cloud-based Intelligent Banking platform driving innovation across fintech and banking, has announced the appointment of Kranti Talluri as Vice President and Head of Developer Experience. The move reinforces Candescent’s commitment to enhancing its open and extensible ecosystem, empowering financial institutions, fintechs, and internal teams to build and innovate with greater speed and agility.
Zilch Raises $176.7 Million to Power the Future of Commerce
Zilch, the innovative consumer payments platform redefining how people shop and pay, has successfully raised over $176.7 million in a mix of debt and equity funding. The round, led by KKCG with participation from BNF Capital and other strategic investors, also expands Zilch’s securitization program in partnership with Deutsche Bank. This major funding milestone comes on the heels of two groundbreaking product launches Intelligent Commerce and Zilch Pay marking a new chapter in the company’s rapid growth.
LSEG and Facctum Join Forces to Transform Compliance
In an era where financial crime risks are evolving faster than ever, LSEG and Facctum have come together with a shared mission to make compliance smarter, faster, and more reliable. The two companies have announced a collaboration that brings LSEG’s World-Check On Demand to life through Facctum’s advanced FacctList platform, delivering a next-generation approach to risk intelligence.’
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