Latest News

NuxGame attends ICE London 2022

Published

2 years ago

December 6, 2021

NuxGame announces participation in one of the biggest annual iGaming exhibitions – ICE London 2022. The event is going to take place from the 1st to the 3rd of February at the ExCel London international convention center and will bring together all the most prominent companies of the iGaming business.

NuxGame has prepared multiple significant innovations – the company is going to present some of the upgraded core solutions as well as brand-new products that are to be debuted at the exhibition.

“2021 was big for NuxGame and we have managed to bring to life some of our boldest and most original ideas. Most importantly – the NuxGame team found a way to implement the majority of our ideas in our products and many original features already available in our core products.” – NuxGame CTO said.

Primarily, NuxGame is going to present a strikingly modernized iGaming platform for online casinos and sportsbooks. As the company’s core product, which is crucial for most of the company’s solutions, NuxGame platform is going through updates on a monthly basis, being enriched with new features and supplemented with new functional modules on a regular basis. Apart from it, NuxGame is about to present several new and updated API-based solutions, sports engine software, and, of course, signature 48-hour-lunch turnkey solutions.

From the 1st to the 3rd February, NuxGame is inviting all iGaming companies, providers, resellers, and operators working in the sphere to visit NuxGame stand N4-200 at ICE London 2022. We will be glad to make new partnerships, consider prospective business deals or just share valuable experience and industry insights.

ICE London is one of the largest international exhibition events for the iGaming business. Annually, industry experts, iGaming innovators, private entrepreneurs, and global iGaming companies attend it.

Latest News

Aurionpro Solutions acquires Arya.ai, to power next generation Enterprise AI platforms for Financial Institutions

Published

18 mins ago

April 20, 2024

CISION (PR Newswire)

SINGAPORE, April 20, 2024 /PRNewswire/ — Aurionpro Solutions Limited (BSE: 532668) (NSE: AURIONPRO) announces the acquisition of Banking and Insurance focused PaaS startup, Arya.ai. With Arya.ai, Aurionpro will enhance its portfolio of enterprise fintech offerings to expedite adoption of AI that is responsible, accurate, and auditable.

Aurionpro Solutions Ltd. will acquire a majority stake (67%) in Arya.ai. This acquisition will bring products and expertise in Artificial Intelligence, Deep Learning, Intelligent Automation, PaaS, Autonomous AI Platforms, and more, to complement and strengthen Aurionpro’s industry leading portfolio.

The transaction comprises acquisition of shares held by the existing shareholders and subscription of new equity capital in the company. This will be an all-cash deal. The aggregate investment including secondary acquisition and fund infusion is approximately 16.5 MN USD.

By integrating Arya.ai’s cutting-edge AI cloud platform, with Aurionpro’s comprehensive suite of offerings, the company will create an industry leading Enterprise AI platform focused on creating value for financial institutions globally.

Commenting on the acquisition, Ashish Rai, CEO of Aurionpro Solutions, stated, “The acquisition of Arya.ai marries Aurionpro’s portfolio of industry leading enterprise software with one of the most mature Enterprise AI platforms focused on Banks and Insurers. We are incredibly excited about working with Arya.ai and our wider ecosystem partners to build out the leading Enterprise AI platform, for the financial industry worldwide.”

“Our decade long experience in building tools/platform for deep learning helped us to build a truly verticalized AI Operating System for Banking and Insurance.” Says Vinay Kumar CEO/Founder of Arya.ai. “Together with Aurionpro, we are going to build a new generation of Enterprise AI software for Banks and Insurers that truly embeds AI, augmenting a task or Autonomous Agents that can take over entire transactions”.

Founded in 2013 by Vinay Kumar and Deekshith Marla, Arya.ai has been one of the first ‘AI’ startups to use Deep Learning and deploy in enterprises. Arya.ai’s BFSI PaaS offerings include Arya API with 80+ ML models, Libra for fine-tuning SOTA ML models, and AryaXAI for AI governance.

Photo – https://mma.prnewswire.com/media/2392705/Aurionpro_solutions.jpg
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View original content:https://www.prnewswire.co.uk/news-releases/aurionpro-solutions-acquires-aryaai-to-power-next-generation-enterprise-ai-platforms-for-financial-institutions-302122674.html

Latest News

Credit card fintech Pliant lands €18m Series A extension led by PayPal Ventures

Published

2 hours ago

April 20, 2024

Peter Tolan

Pliant, a Berlin-based B2B credit card fintech, has secured over €18 million in a Series A extension, pushing the total funding for this round beyond €50 million.

PayPal Ventures led the latest investment round, with participation from existing investors Alstin Capital, SBI Investment, and Motive Ventures.

Earlier this year, Pliant raised €28 million through its initial Series A funding round. With this new injection of capital, the company is set to expand its cards-as-a-service (CaaS) product into markets outside the European Union, with a focus on the UK.

To facilitate its expansion plans, Pliant has developed multi-currency capabilities, allowing it to offer services in 11 different currencies. This enhancement enables customers to receive invoices in the same currency used for the transaction, a feature particularly beneficial for businesses dealing with significant volumes in non-EUR currencies.

Pliant attributes this funding success to its strong performance in 2023, where it doubled its annual revenues.

Additionally, the fintech has broadened its reach by extending its Electronic Money Institution (EMI) license to cover 25 countries across the European Economic Area (EEA). This expansion allows Pliant to offer financial services beyond card issuance in the region.

Source: fintechfutures.com

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Latest News

Latvian Fintech inGain Raises €650,000 for No-Code SaaS Loan Management System

Published

4 hours ago

April 20, 2024

Peter Tolan

“inGain Raises €650,000 to Enhance No-Code SaaS Loan Management Solution”

Latvian fintech startup inGain has secured €650,000 in funding from investors including Trind VC, Fiedler Capital, the Latvian Business Angels network, and several individual business angels.

inGain specializes in providing a lending solution tailored for traditional and fintech lenders, SME lenders, crowdfunding platforms, and businesses outside the finance sector seeking to introduce and expand their lending and financial products.

Their no-code SaaS loan management system allows businesses to streamline operations without the need for extensive IT management. It caters to various loan types, including secured and unsecured installment and credit line loans, subscription services, rent-to-own options, and other fintech products. These services are accessible to consumers and businesses across different industries, both online and offline, with payment options available in cash or via transfer.

Armands Liseks, co-founder and CEO of inGain, shared an example of how their solution benefits businesses, citing a store chain in Switzerland that specializes in selling high-value musical instruments, particularly pianos. Liseks highlighted the flexibility of their platform, illustrating how businesses can offer leasing options to customers, providing them with greater choice and flexibility in payment methods.

With the newly acquired funds, inGain plans to finalize the development of a no-code self-service platform. This platform will empower any interested company to create a customized lending tool tailored to their products and specific requirements.

Reima Linnanvirta, a partner at lead investor Trind VC, expressed confidence in inGain’s product and team, emphasizing the comprehensive nature of their solution and the transformative potential of their no-code approach. Linnanvirta believes that inGain is well-positioned to disrupt the market and secure a significant share due to the outdated nature of existing solutions in the industry.

Source: tech.eu

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