October 28, 2021
CIBC Innovation Banking, Ten Coves Capital and Mosaik Partners Provide Point Predictive Inc. with Growth Financing
CIBC Innovation Banking, Ten Coves Capital, and Mosaik Partners are pleased to announce that they have provided new credit facilities and equity financing to San Diego-based Point Predictive Inc. (“Point Predictive”), a leading data and analytics company that helps lenders automate loan decisions, mitigate loan losses and reduce underwriting friction. Leveraging un-matched industry data consortiums and the power of AI and machine learning models, Point Predictive helps lenders better separate truthful loan applications from those containing fraud and misrepresentation to accelerate the underwriting process − a significant industry demand.
October 14, 2021
What chip shortage? MagicCube raises $15M to ‘replace all chips,’ starting with POS terminals
MagicCube, a mobile security startup, has raised $15 million in a round led by Mosaik Partners. Bold Capital, Epic Ventures, card-reader/POS hardware maker ID Tech and unnamed individual investors in the fintech space also participated in the financing, which brings the Santa Clara-based startup’s total funding raised to $30 million since its 2014 inception.
October 12, 2021
Automated Compliance Leader Azimuth GRC Appoints Former JPMorgan Chase Veteran to Advisory Board
Azimuth GRC, a compliance automation pioneer, announces Shannon Warren is joining its Advisory Board. Shannon’s more than 25 years of experience in banking, audit and advisory services, including several finance roles at JPMorgan Chase, brings expertise with risk and control management, accounting and financial reporting, mergers and acquisitions, investment banking products and reputation risk management.
October 5, 2021
vWise Adds ProNvest as a Full-service Managed Account Solution Provider
vWise, Inc., a leading provider of technology solutions for the retirement industry, today announced its partnership with ProNvest, a leading provider of customized managed account services, to offer a hands-on, engagement-focused managed account platform. Providers using vWise will be given the opportunity to offer ProNvest’s managed account program and the vWise Experience Platform to participants under their recordkeeping umbrella.
September 9, 2021
Payouts Network, Payix Collaborate to Offer Speedy Loan Funding
Payouts Network and Payix have teamed up to help consumers and businesses get the money they need in seconds. Payouts Network’s Instant Payouts solution will allow Payix clients to fund loans in near real time. Payix is a leading provider of white-labeled collection tools and payment processing services to lenders and loan servicers. The company has selected Payouts Network, the fintech services company leading the revolution in new and better payout capabilities, to give their clients even better ways to serve their lending customers.
August 31, 2021
Azimuth GRC Secures Series A Financing Led by Mosaik Partners
Azimuth GRC, Inc., the Jacksonville-based regulatory compliance software platform, announced today that it has secured Series A financing. Mosaik Partners, a San Francisco-based venture capital firm focused on financial technology, led the round which included other new and existing investors.
August 18, 2021
Cassini Systems Named Best Post-Trade Technology in HFM European Technology Awards 2021
Cassini Systems, the leading provider of pre- and post-trade margin and collateral analytics for derivatives market participants, has won the 2021 HFM European Technology Award for Best Post-Trade Technology.
August 10, 2021
Paymentus to Acquire Payveris, a Leading Provider of Money Movement Solutions for Financial Institutions
Paymentus Holdings, Inc. (“Paymentus”) (NYSE:PAY), a leading provider of cloud-based bill payment technology solutions, today announced that it has signed a definitive agreement to acquire Payveris to accelerate its initiatives to serve financial institutions and expand the reach of Paymentus’ proprietary Instant Payment Network®.