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Unlock Your Potential: Apply Now for the 2025 PitchIT Accelerator by ConnectWise and IT Nation!
ConnectWise and IT Nation have launched the 2025 PitchIT accelerator, a global competition designed to foster innovation among managed service provider (MSP) startups. This seventh iteration invites emerging companies to showcase solutions that integrate with the ConnectWise platform, vying for a grand prize of $70,000 at the IT Nation Connect 2025 event in Orlando. Applications are open until April 30, 2025, with selected participants undergoing a 16-week business transformation program featuring expert mentorship. A total of $100,000 in prize money is available, promoting operational efficiency and growth within the MSP community. For more details, visit the ConnectWise website.
Sage Capital Bank Teams Up with Apiture to Transform Digital Banking Experience
Sage Capital Bank, an independent community bank in central Texas, has partnered with Apiture to enhance its digital banking services through the Apiture Digital Banking Platform. With assets of $700 million, the bank aims to meet growing customer demands for online and mobile banking solutions. The partnership will introduce features such as consumer and business banking solutions, digital account opening, peer-to-peer payments, real-time fraud detection, and check fraud prevention services. Executives from both organizations emphasized their commitment to innovation and improving customer engagement, ensuring that Sage Capital Bank’s offerings align with modern banking expectations.
Feedzai Boosts AI-Driven Risk Management with Strategic Acquisition of Demyst
Feedzai, a leader in fraud and financial crime prevention, has acquired New York-based Demyst to enhance its capabilities. This acquisition integrates Demyst’s Zonic data workflow orchestration platform, allowing Feedzai to merge data orchestration with risk management. The combined platform will provide financial institutions with real-time data, advanced analytics, and AI-driven insights, improving risk decision-making. CEO Nuno Sebastiao emphasized quick access to relevant data to minimize consumer friction. The merger will streamline account opening, enhance fraud detection, reduce false positives, and automate data workflows for non-technical users, ultimately redefining data utilization in the financial sector.
KYC Portal CLM Teams Up with PwC to Elevate Compliance and Risk Management Solutions
KYC Portal CLM has partnered with PwC UK and PwC Channel Islands to enhance client lifecycle management (CLM) solutions globally. This collaboration combines PwC’s expertise in financial crime prevention and regulatory compliance with KYC Portal’s innovative technology. The partnership aims to improve compliance challenges and operational efficiencies by utilizing PwC’s frameworks and KYC Portal’s no-code platform for automation. KYC Portal was chosen for its proven ability to streamline compliance and reduce costs. Leaders from both firms expressed enthusiasm about the partnership, emphasizing its potential to revolutionize compliance management in a rapidly evolving regulatory landscape.
ManyPets Boosts Leadership with Shane Larkin as New CMO to Drive Growth and Innovation
ManyPets, a leading pet insurance provider, has appointed Shane Larkin as its new Chief Marketing Officer to strengthen its presence in the UK market. With over 25 years of experience in financial services, Larkin previously held key roles at Sky and InsurTech company Neos. ManyPets aims to address the rising demand for innovative pet insurance solutions amid increasing veterinary costs. Under CEO Luisa Barile, the company focuses on guiding pet owners through insurance options to ensure their pets’ health. Larkin expressed enthusiasm for evolving the brand and attracting more customers in the UK pet insurance sector.
German FinTech Tapline Secures €20M to Revolutionize Subscription Services
German FinTech firm Tapline has successfully raised €20 million in a pre-Series A funding round to enhance its services for SaaS and subscription-based businesses. The round includes equity and debt financing, led by Karim Beshara from A15 Venture Capital and supported by Antler and various business angels, with WinYield providing debt support. Tapline specializes in non-dilutive financing, leveraging AI technology to assist early-stage companies. The funds will address liquidity challenges, improve analytics, and enable geographic expansion beyond Germany, Estonia, the Czech Republic, and Poland. CEO Dean Hastie emphasized the potential for sustainable growth among their clients.