Fintech PR
Basware Named a Leader in Inaugural Gartner Magic Quadrant for Accounts Payable Applications
To Basware, recognition underscores expertise in AI-driven finance with Invoice Lifecycle Management powered by 40 years of innovation
HELSINKI and CHARLOTTE, N.C., March 24, 2025 /PRNewswire/ — Basware, the global leader in Invoice Lifecycle Management, has been named a Leader in the first Gartner® Magic Quadrant™ for Accounts Payable Applications. For Basware, this exemplifies its commitment to continuous innovation for the office of the CFO – delivering an end-to-end invoice lifecycle solution that spans from network and invoice ingestion to statement reconciliation and recovery services.
As the Accounts Payable (AP) automation market is set to grow at a 12.8% CAGR through 2030, businesses are under increasing pressure to embrace digital transformation and AI, while e-invoicing compliance mandates, sophisticated fraud threats, and the shift to cloud-based ERP systems are reshaping finance operations. These pressures are compounded by squeezed budgets, making efficiency and automation critical for financial resilience. Basware empowers organizations to address these challenges head-on.
Redefining AI-driven, end-to-end Invoice Lifecycle Management, Basware is powered by the largest, open e-invoicing network and unmatched data insights, strengthening the most complex financial operations worldwide. This is done through intelligent automation, stemming from Basware’s ability to handle all invoices, everywhere in any format, along with offering full compliance and complete control of the entire invoice lifecycle process.
Unlike any other market solutions, Basware provides full visibility and a single source of truth across all invoices on its platform. The result is lower operating costs, compliance and fraud protection, optimized working capital, talent development and retention, and better decision making.
More than 6,500 customers across the globe including DHL, Heineken, and Sony have selected Basware’s Invoice Lifecycle Management to streamline invoice processing, enhance compliance, reduce costs, and gain full visibility and control over their operations. Collectively, customers have processed more than 2 billion invoices totaling more than $10 trillion in invoice spend through Basware, leveraging its automation and AI-driven insights to drive efficiency.
Jason Kurtz, CEO at Basware, commented:
Basware is redefining how finance teams operate – eliminating inefficiencies, ensuring compliance, and delivering AI-driven insights so CFOs can make smarter, faster, strategic decisions. We believe that being named a Leader in the first Gartner Magic Quadrant for Accounts Payable Applications is a testament to our relentless commitment to driving value in AP automation. After 40 years of innovation, we’re still leading the charge to make the invoice lifecycle process 100% touchless, 100% compliant, and 100% protected.”
Examples of customer achievements made possible with Basware include:
- INNIO seamlessly implemented AP automation at speed after a private equity buyout while simultaneously delivering millions in annual savings.
- Billerud leveraged AI and machine learning to modernize invoice processing, reducing total invoice costs by 25%.
- Huntsman saved nearly $9 million in duplicate payments and errors.
- Heineken achieved 100% automation and a 95% compliance rate, a powerful foundation for its upcoming SAP S/4 HANA ERP migration slated for 2027.
Robert-Jan Van Looy, Senior Process Expert Purchase to Pay at Heineken, a Basware customer, shared:
“We are pleased to see Basware recognized as a Leader in the Gartner Magic Quadrant. This validates our decision to partner with Basware in delivering on our Evergreen strategy to become the Best Connected Brewer.”
Basware’s recognition as a Leader in the Gartner Magic Quadrant comes on the heels of key innovations, including the launch of Basware Insights, advancements in GenAI, and the introduction of AP Assurance, an integrated fraud protection and statement reconciliation solution. This also follows recognition from other major industry assessments, including Basware being named a Leader in The Forrester Wave™: Accounts Payable Invoice Automation, Q3 2024, being featured in the IDC MarketScape: Worldwide Accounts Payable Automation Software for Large Enterprises 2024, and peer-recognized as a Customers’ Choice in the 2023 Gartner Peer Insights™ ‘Voice of the Customer’: Procure-to-Pay Suites.
A complimentary copy of the Gartner® Magic Quadrant for Accounts Payable Applications report is available HERE.
Gartner Disclaimer:
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, MAGIC QUADRANT and PEER INSIGHTS are registered trademarks of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.
Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.
*40 Years of AP Innovation
+++++Over the past year, Basware has reinforced its platform with key innovations including:
- Basware Insights – Gen AI-driven insights, developed specifically for the needs of finance and shared services.
- Touchless Invoice Processing Discovery Dashboard – a dashboard that monitors and optimizes the touchless rate of AP processes, reducing complexities and risk across receiving, matching, workflow and transfer.
- Smart Coding – a market leading, AI-driven coding engine that automates non-PO invoice coding, reducing manual effort and improving accuracy
- AP Protect – an AI-powered solution that helps finance teams protect against the threat of profit loss, invoice errors and fraud.
About Basware
Basware is how the world’s best finance teams gain complete control of every invoice, every time. Our Intelligent Invoice Lifecycle Management platform ensures end-to-end efficiency, compliance and control for all invoice transactions. Powered by the world’s most sophisticated invoice-centric AI – trained on over 2 billion invoices – Basware’s Intelligent Automation drives real ROI by transforming finance operations. We serve 6,500+ customers globally and are trusted by industry leaders including DHL, Heineken and Sony. Fueled by 40 years of specialized expertise with $10 trillion in total spend handled, we are pioneering the next era of finance. With Basware, Now it all just happens.™
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Fintech PR
Lockton launches Professional and Executive Risk, transforming its global financial lines business
KANSAS CITY, Mo., March 31, 2025 /PRNewswire/ — Lockton, the world’s largest independent insurance brokerage, has announced today the unification of its U.S.-based Lockton Financial Services (LFS) and International ProFin teams under a single, global practice: Lockton Professional and Executive Risk.
This strategic integration brings together the expertise of more than 750 talented Associates worldwide into a single platform designed to further enrich Lockton’s ability to create and deliver best-in-class client value.
The new structure supports what Lockton has always done best—go beyond traditional insurance offerings by delivering an insurance and risk management experience that brings a truly global perspective. With greater global connectivity, Lockton Professional and Executive Risk will help clients address their professional, executive, financial, and cyber risks no matter where they operate.
“In today’s complex and interconnected environment, companies and their boards require a trusted partner that sees their risk holistically,” said Devin Beresheim, Executive Vice President and U.S. Head of Professional and Executive Risk at Lockton. “Lockton Professional and Executive Risk delivers tailored solutions to help corporate boards and C-suite executives proactively mitigate their most pressing risks on a global level, so they can focus on growing their business.”
“Through our globally connected team, we can ensure even broader knowledge sharing, deeper risk insights, and the ability to anticipate emerging threats with greater response and precision,” said Leo Flindall, U.K. Head of Professional and Executive Risk at Lockton. “The launch of this unified team is another milestone for Lockton, reflecting our commitment to continually improving our standard for client service.”
Lockton Professional and Executive Risk serves clients across a range of industries, delivering global insurance broking, risk advisory, and claims support for all major financial and professional insurance lines. Areas of expertise include directors and officers liability, cyber, general partnership liability, errors and omissions/professional indemnity, employment practices liability, fidelity/crime, fiduciary liability, insurance solutions for digital assets.
About Lockton
What makes Lockton stand apart is also what makes us better: independence. Lockton’s private ownership empowers its 12,500+ Associates doing business in over 140 countries to focus solely on clients’ risk, insurance and people needs. With expertise that reaches around the globe, Lockton delivers deep industry knowledge and product specialization with a passion for serving clients.
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Fintech PR
HAS Healthcare Advanced Synthesis SA acquires Cerbios-Pharma SA to create leading international Group in the CDMO sector, backed by 65 Equity Partners
- This major acquisition in Ticino will allow the two companies to combine their forces of production, chemical and biological expertise, know-how and technological capabilities, creating new opportunities of growth and driving business development to establish itself as an international quality leader in the CDMO (Contract Development and Manufacturing Organization) industry.
- 65 Equity Partners backs merger, partnering with these family businesses and entrepreneurs in this acquisition and merger process to drive long-term company growth and innovation.
The transaction remains subject to regulatory and tax clearances.
BIASCA, Switzerland, March 31, 2025 /PRNewswire/ — HAS Healthcare Advanced Synthesis SA (“HAS”), a leading international developer and producer of active pharmaceutical ingredients (APIs), high-potency active pharmaceutical ingredients (HPAPIs), and anticancer compounds, today announces the planned acquisition of Cerbios-Pharma SA (“Cerbios”), a globally recognised manufacturer of chemical and biological APIs, including in the fast-growing area of antibody drug conjugates (ADCs). Both companies are based in Switzerland and sell globally.
The acquisition is supported by 65 Equity Partners, a global investment firm dedicated to supporting family-owned businesses, founders, and entrepreneurs. As part of the transaction, 65 Equity Partners becomes a c.40% shareholder alongside the Braglia family who retain majority ownership.
The combination of HAS and Cerbios creates a highly complementary and integrated leader in the Contract Development and Manufacturing Organization (CDMO) industry. Together, the two companies bring extensive production, chemical and biological expertise, technical excellence, and a broader range of services to meet the evolving needs of the global pharmaceutical industry.
With the strategic backing of 65 Equity Partners, the new Group is uniquely positioned for growth in an industry underpinned by strong structural tailwinds. These include rising demand for complex therapies and continued innovation in drug development across oncology, neurology, endocrinology, dermatology, rare diseases, gastrointestinal and other key therapeutic areas.
Importantly, HAS and Cerbios will continue to be guided by the strong corporate culture and family ownership values that have long defined both companies, with a firm commitment to Switzerland’s Ticino region remaining at its core.
The operation represents a pivotal moment for the growth of HAS and Cerbios and reflects the continuous investments that have been made to ensure excellence and technological development.
“We are excited about this operation, which marks a significant milestone in our global expansion strategy. By merging complementary skills and resources, we are confident that we can provide our clients with innovative, personalized, and high-quality solutions, further enhancing our capacity to meet market demands. Together, we are ready to achieve new milestones and strengthen our position as market leaders, striving for excellence and innovation in our industry. This transaction is of key importance for Ticino as it strengthens the reputation of the region’s chemical-pharmaceutical industry on a global level. We are pleased to welcome 65 Equity Partners as strategic partners and look forward to working closely with them to realize our vision for the enlarged Group”, explains Riccardo Braglia, CEO of 3B Future Holding SA and Board Member of HAS Healthcare Advanced Synthesis SA.
“We are delighted to partner with the Braglia family to bring together two highly complementary businesses that are trusted partners to some of the most admired pharmaceutical companies worldwide. This industry continues to benefit from strong structural growth drivers, including demographic trends, scientific breakthroughs, and growing demand for advanced therapies, making it both attractive and resilient over the long term”, comments Pascal Heberling, Partner and Co-Head of Europe, 65 Equity Partners.
“This is a transaction that has been planned for a long time to create an internationally important chemical-pharmaceutical hub in Ticino. With the differentiated pipelines and clients of both companies, we will reach new milestones together and further improve the quality of the services offered to our clients. This joint commitment not only strengthens our market position but also reflects the commitment of both companies to the innovation project. We are also bringing together a combined workforce of over 400 people who will be at the heart of this new company. We are deeply grateful for their contribution and dedication as we look to the future with confidence, continuing to grow and innovate together”, states Waldo Mossi, CEO of HAS Healthcare Advanced Synthesis SA.
“We are proud to join HAS Healthcare Advanced Synthesis SA and to significantly contribute to the strength and growth of the new Group. HAS represents the ideal partner to help us accelerate our growth and expand our range of offerings and the value we provide to our clients”, adds Christian Suà, CEO of Cerbios-Pharma SA.
65 Equity Partners’ investment in HAS aligns with its strategy of supporting high-quality founder, entrepreneur and family-owned businesses with strong growth trajectories and distinctive technical capabilities. The firm’s long-term, partnership-driven approach and vision allows founders and families to scale while preserving their ownership and core values. This investment exemplifies that model supporting the creation of a leading international platform with opportunity for organic growth, deeper customer engagement, and selective acquisitions. 65 Equity Partners will work closely with the leadership team to help realize this vision and further strengthen the Group’s position as a premier provider of complex pharmaceutical ingredients.
HAS was advised by Rothschild & Co (financial), Bär & Karrer (legal), and EY (accounting / tax).
65 Equity Partners was advised by UBS AG (financial), Ropes & Gray and Walder Wyss (legal), EY (accounting / tax), Pharmacloud and Guidance Pharm (commercial), JensonR+ (regulatory) and Orbsen (technical).
About HAS Healthcare Advanced Synthesis SA
HAS Healthcare Advanced Synthesis, is a CDMO with four decades of international experience; the company offers a full range of customized services, from development to production. HAS Healthcare Advanced Synthesis SA develops and manufactures active pharmaceutical ingredients (APIs), highly potent active pharmaceutical ingredients (HPAPIs) and anticancer compounds.
The production site, founded in 1984, is located in Biasca, Switzerland. The facility is regularly inspected by SwissMedic, the FDA and other global regulatory agencies. HAS operates dedicated production plants with production capacities ranging from a few hundred grams to tens of kilograms for highly potent active ingredients (HPAPIs) and anticancer compounds, and from kilograms to tens of tons for standard active ingredients (APIs); the plants are fully dedicated to cGMP production.
For more information visit our website https://www.hashealthcare.com/ and follow us on Linkedin
About Cerbios-Pharma SA
Cerbios-Pharma SA (Cerbios), has almost 50 years of experience in the industry and expertise in developing and manufacturing generic APIs as well as offering CDMO services, manufacturing APIs, HPAPI, ADCs, and biological probiotics for the international human and animal market.
Cerbios has two production sites in Switzerland (Lugano, Headquarter and Couvet). Both facilities are regularly inspected by SwissMedic, the FDA and other global regulatory agencies. Cerbios has a specialized presence in the market as CDMO service provider, with dedicated production plants.
For more information visit our website https://www.cerbios.ch/ and follow us on Linkedin
About 65 Equity Partners
65 Equity Partners is a global investment firm that partners with founders, families, and entrepreneurs across Europe, North America, and Asia to build sustainable, long-term value. We invest in leading businesses across the healthcare, industrial, business services, technology, and consumer sectors.
Backed by Temasek as an independently managed investment platform with US$3.3 billion in funds under management, we provide equity and structured capital solutions to established companies with regional or global growth ambitions. With offices in London, Singapore, New York, and San Francisco, we leverage our local roots, international network and the deep expertise of our broader ecosystem.
For more information, visit our website at https://www.65equitypartners.com/ and follow us on LinkedIn.
For further information, contact:
HAS Healthcare Advanced Synthesis SA
Biasca, Switzerland
Press Office:
Giacomo Braglia
Tel: +41 (0) 91 873 94 00
Email: mediarelations@hashealthcare.com
65 Equity Partners
Greenbrook
Peter Hewer, Theo Bryan, Long Tran
Email: 65EP@greenbrookadvisory.com
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VICTORIA, Seychelles, March 31, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, has announced a groundbreaking partnership with Mantle (MNT) to launch an exclusive month-long trading campaign with a prize pool of up to $1,000,000, offering users an opportunity to earn substantial rewards.
The event presents a range of valuable opportunities for users:
- Zero trading fees on MNT Spot and Futures markets, helping users reduce costs and optimize returns.
- Up to 500% APR through MNT staking, offering one of the most competitive yields currently available.
- Token rewards via Launchpool, where users can stake USDT, MX, or MNT to earn additional MNT tokens and exclusive benefits.
Additionally, users can join the Deposit & Trade campaign, designed with a low entry threshold—ideal for newcomers looking to explore the ecosystem. For seasoned traders, the Futures Trading Competition provides a platform to demonstrate their trading expertise, climb the leaderboard based on trading volume, and compete for a share of the $300,000 prize pool.
Event Overview
Period: March 31, 2025, 10:00 – April 30, 2025, 10:00 (UTC)
During the event period, users can participate in the following MNT-related activities on the platform by clicking on the links below.
Event 1: MNT trading (Spot and Futures) is available with zero trading fees.
Event 2: Users who deposit and trade MNT on the Spot market may qualify to share a pool of 113,340 MNT.
Event 3: MNT staking offers returns of up to 500% APR, subject to platform terms.
Event 4: A Futures Trading event allows participants to compete for a share of 300,000 USDT in bonus rewards.
Event 5: The MNT Launchpool enables users to stake selected tokens in exchange for a portion of 240,000 MNT in rewards.
As a pioneering Layer-2 scaling solution for Ethereum, Mantle uses Optimistic Rollup technology to lower transaction costs and improve network performance. This collaboration highlights MEXC’s leadership in backing innovative blockchain projects and its unwavering commitment to offering users diverse, cutting-edge trading opportunities, lowering costs and helping them maximize their potential returns.
Looking ahead, MEXC is committed to continuously enhancing the trading experience by introducing innovative features, expanding user opportunities, and launching new initiatives aligned with the dynamic nature of the cryptocurrency market.
For further details on the event, please see the official announcement.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
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