NEA-Backed NG.CASH Announces the Close of $26.5M Series B

Accenture Ventures has made an investment in Snorkel AI to help enterprises build and scale AI solutions more quickly by curating high-quality datasets

Wagestream, the market leader in workplace finance and wellbeing, has announced advancements to its Workplace Loans product. These developments, supported by the £300 million debt financing secured from Citi in April, directly address the issue of inaccessible credit, and reinforce Wagestream’s commitment to providing fair financial services to the everyday worker.

Luigi Marciano, founder of Objectway, a leading provider of software and services to financial institutions across Europe, North America and the Middle East, along with Objectway’s management team and international private equity firm, Cinven, today announced an agreement under which Cinven will make a majority investment in Objectway. Luigi Marciano will remain a significant shareholder alongside Cinven, and continue in his role as CEO and Chair. He and his existing management team will continue to manage the business, and Cinven’s backing will provide strategic and financial support, including continued investment in technology innovation, as well as support for future organic growth and targeted M&A opportunities. Together, Luigi Marciano, his team and Cinven aim to expand Objectway’s market leadership while delivering consistently high value to clients. Financial terms of the investment are not disclosed.

Lendscape is pleased to announce that DF Capital, a specialist bank, has successfully gone live with Lendscape's asset finance platform. This milestone has enabled DF Capital to launch its asset finance offering to market; providing additional financing solutions to SMEs, as well as its first consumer finance products.

Stavtar Solutions, a leading provider of business spend management and expense allocation SaaS for complex businesses such as alternative asset managers, today announced a Series A investment of $55 million from Elephant.

Glassbox, a leading provider of digital experience analytics for financial institutions, today announced a minority investment from Poalim Equity, the investment arm of Bank Hapoalim, Israel’s largest financial group. The investment marks a new chapter in the partnership between the two companies and will fuel Glassbox’s next phase of innovation, accelerating the development of advanced analytics and AI solutions purpose-built for financial institutions. Bank Hapoalim has been a long-standing Glassbox customer, using its platform to optimize digital engagement and better serve its clients.