Freehand raises $75 million to expand AI procurement agents
Freehand said Battery Ventures and NewRoad co-led a $75 million round to scale AI agents for enterprise procurement, invoicing and...
By Rafael Ortiz 2 months agoFintech Correspondent
Rafael Ortiz
Rafael covers payments, banking infrastructure, and the software eating financial services. Former product lead at a payments processor.
Latest from Rafael Ortiz
Increase Twin City Bank acquisition gives fintech its own bank
Stripe veteran Darragh Buckley has brought Washington’s Twin City Bank into Increase, pairing a bank with fintech infrastructure.
By Rafael Ortiz 2 months agoNatWest Uinsure home insurance service offers quotes in under 60 seconds
NatWest and Uinsure have launched a UK home insurance service with fast quotes, renewal comparisons and access for non-customers.
By Rafael Ortiz 2 months agoFreehand raises $75m to expand supply chain AI agents
Battery Ventures and NewRoad co-led the round as Freehand targets procurement workflows at companies including Meta, Pfizer and Un...
By Rafael Ortiz 2 months agoInvestiFi raises 20m for credit union investing platform
InvestiFi said Vibe Credit Union led a $20 million round to expand digital investing tools for credit unions and community banks.
By Rafael Ortiz 2 months ago
Data center electrician pay rises as AI buildout strains labor supply
AI data center construction is pulling electricians into rural projects, with Indeed finding some roles pay 42% more than comparab...
By Rafael Ortiz 2 months ago
SoFi cross-selling accelerates as members drive 51% of new products
SoFi said existing members generated 51% of new products in Q2, while shares fell after the company kept EBITDA guidance steady.
By Rafael Ortiz 2 months agoMoonPay PayBox opens AI payments through Claude and ChatGPT
MoonPay says PayBox lets AI agents prepare payments, swaps and bookings while users approve money movement with passkeys.
By Rafael Ortiz 2 months agoBank of Luxemburg completes CSI core conversion
Bank of Luxemburg has gone live on CSI’s NuPoint core platform, adding loan origination tools as it updates systems for growth.
By Rafael Ortiz 2 months ago
Cyera Oasis acquisition aims to secure enterprise AI agents
Cyera plans to buy Oasis Security in a deal WSJ pegged at $1 billion, combining data and identity controls for enterprise AI agent...
By Rafael Ortiz 2 months agoFinancial compliance infrastructure gains urgency as EU rulebook expands
Kalipso CEO Pierre Ferran says EU rules and AI are pushing banks to embed compliance into daily operating systems.
By Rafael Ortiz 2 months ago
OpenGate Merak acquisition carves rail HVAC unit from Knorr-Bremse
OpenGate agreed to buy Merak, Knorr-Bremse’s global rail HVAC business, with closing expected by end-2026 after approvals.
By Rafael Ortiz 2 months ago