Beforepay Group’s Post

We continue our fourth quarter of profitability at Beforepay Group, announcing an unaudited net profit before tax of $1.4m in our Q4 FY24 results today. We’re proud to see the consistent growth of our core product while we work towards launching a new loan product in FY25, subject to regulatory approval, and engaging our robust pipeline of international opportunities through our B2B offering Carrington Labs. Swipe through for our Q4 FY24 highlights and visit the Beforepay Investor Hub to view the full ASX announcement: https://lnkd.in/gZGYxBKY #Beforepay #FinancialServices #FinTech #ASX #EthicalLending #ConsumerLending

Atome Financial Secures $200M Credit Facility to Drive Growth | FinTech Alliance: Expansion Plans: Funds will support growth across key Asian markets and investment in advanced fintech solutions. Rapid Growth: Atome serves over 20 ... #finpeform #fintech

We are excited to announce that Solifi will receive a majority investment from TA Associates, a leading global private equity firm. This transaction will accelerate Solifi’s growth by supporting product innovation, driving expansion into adjacent financing markets and new geographies, and delivering enhanced value to its customers. Existing investor Thoma Bravo, a leading software investment firm, will continue to maintain a meaningful stake in Solifi. Read our press release for more information: https://lnkd.in/eZPwEP6W #growth #investment #expansion #privateequityinvestment #saas #innovation #technology #fintech #factoring #workingcapital #wholesalefinance #leasingsoftware #automotivefinance #lendingplatform #openfinance #security #openfinanceplatform #banksoftware #cloud #equipmentfinance #workflows #automation #riskmanagement #softwaresolution #securedfinance  

SAB and Fintactics Ventures have formalized an Innovation Cooperation Agreement (ICA) during the 24 Fintech event, marking a significant step toward advancing financial innovation. This strategic collaboration aims to foster cutting-edge solutions in the financial sector, leveraging both organizations' expertise to drive technological advancement and enhance service offerings. Through this #partnership, SAB and Fintactics Ventures are set to explore innovative frameworks that will shape the future of financial services in the region. SAB, Fintactics Ventures, 24 Fintech, Haitham Alsahfy #FintechNewsSaudiArabia #SAB #SABBank #Fintactics #FintacticsVentures #24Fintech #ICA #FinancialInnovation #FinancialServices #Fintech #Tech #Innovation #Futurefinance #digitalfinance #FintechNews #SaudiStartups #SaudiFintech #SaudiArabiaFintechNews #KSAFintechNews #MiddleEast

VERITUITY, a leading innovator in verified, intelligent payments, has successfully closed out an $18.8 million funding round. The investment was led by Sandbox Industries and Forgepoint Capital, with additional participation from Ardent Venture Partners and MTech Capital. The proceeds from this raise will be used to accelerate Verituity’s expansion across the banking and insurance sectors into new domains such as mortgage servicing and the energy sector. Ben Turner, CEO of Verituity, said: look forward to working with our investors as we continue our journey to finally eliminate cheques and embed intelligent, verified payouts into the fabric of business disbursements.” Christopher Zock, Co-CEO of Sandbox Industries, commented: “Verituity is a perfect example of the types of companies we seek to partner with that provide meaningful innovation to insurers and healthcare companies." Read the full story here 👉 https://lnkd.in/gZqgq54v #InsurtechInsights #InsuranceNews #Funding #Payments

Sometimes, the most powerful moments are the ones that render us speechless. This milestone is one of them. Massive shoutout to our amazing team for their relentless efforts, and to our clients and partners for their continued trust and collaboration. Jigish Sonagara Sandeep Doshi Jainam Vora Sushmita (Sangai) Varma Kinjal Desai Ashok Kawalsot Chandrashekhar Subakade CHANDRESH BHATT Kasim Jinwala Parag Bambulkar Binu Gandhi Sagar Sonagara Suresh Panigrahi Hiren Sureja AtuL PandeY Ram Choudhary Together, we're unstoppable! #FinTech #20xGrowth #FinTech #DigitalLending #MSME #SupplyChainFinance

Hilco Streambank is seeking investors, partners, or acquirers for ClearFactr, a commercialized, patent-protected, enterprise financial modeling SaaS platform purpose-built to create, share, and scale financial modeling solutions on an enterprise level. Visit https://bit.ly/3Vj1kAS to learn more. Founded in 2013, ClearFactr serviced a number of enterprise clients before being acquired and implemented by Goldman Sachs in 2018, where it continues to be utilized across the firm. Now back at the helm as the sole owner of ClearFactr with the opportunity to bring the platform to a wider market, Dean Zarras, founder, CEO, and longtime Wall Street veteran, is working with Hilco Streambank to identify paths forward with new, value-maximizing partners. ClearFactr facilitates the accumulation of software assets, not liabilities. Opportunity Highlights - 10+ years of commercial use - Thousands of users - Turnkey platform - Reduced time to market Interested parties may email project+finmodel@hilcoglobal.com directly. #mergersandacquisitions #financialmodeling #software #fintech #SaaS #technology 

Southeast Asia’s fintech and Advance Intelligence Group subsidiary, Atome Financial, has gained a three-year term loan facility of up to US$100 million from Evolution Debt Capital (EvaluationX), a debt financing platform of DBS and Temasek with US$500 million assets under management. According to the company, Atome utilized the accordion feature to access this funding. As is known, this feature allows companies to increase the total amount of their loan facilities up to US$100 million with the help of investor partners, allowing them to raise more capital when needed to expand their business and launch new products. Read more at https://buff.ly/4bjXNHu #news #LatestNews #fintech #Atome #heaptalk #Financial #funding

📈 #Latam’s growing success is partly due to #fintech and how it’s impacted the region. 💡 Today we bring you some areas it continues to benefit. Slide through to discover them! #kenilityteam #latam #fintech #fintechbenefits

We're thrilled to attend Finovate! Jeff Koeneman and Todd Cooper, CIMA, will be showcasing our latest innovations. If you're passionate about driving organic growth in wealth management, you won't want to miss our live demo. Jeannette Freedman Kuda will also take the stage for a panel discussion about an AI-driven future. Stay tuned for more details! #WealthManagement #AI #Innovation #Growth #TIFINAG #FinancialServices