Search Results for "Necto"
7 results for "Necto"
Deals 7
ConnectOne Bancorp and First of Long Island Shareholders Approve Merger
Shareholders of ConnectOne Bancorp and The First of Long Island Corporation approved their proposed merger, expected to close in Q2 2025. The combination creates a larger community banking platform in the New York metro area. The merged entity could become a more competitive sponsor bank partner for fintechs.
Trovata Launches Multibank Connector With Largest Corporate Banking API Network
Trovata launched its Multibank Connector, a low-code embedded banking solution offering the largest global network of corporate banking APIs. The platform supports multibank account aggregation, automated reconciliation, and high-speed transaction processing. It positions itself as a modern alternative to legacy sFTP services for corporate cash management and payments.
Necto Launches With Seed Round as Multi-Bank Premium API Aggregator
Necto launched publicly with a seed funding round, offering a multi-bank premium API aggregator for corporate banking and treasury. The platform standardizes diverse bank APIs into a unified format, enabling fintech platforms to connect to multiple banks through a single integration.
PortX Closes $16.5M Series B to Power Open Banking for Community Banks
PortX, a financial integration platform enabling open banking for community banks and credit unions, raised $16.5 million in a Series B round co-led by FUSE and Curql. The investment will accelerate AI tools, data automation, and fintech connectors for smaller financial institutions.
Nymbus Closes $70M Series D to Scale BaaS and Core Banking Platform
Nymbus raised $70 million in Series D funding led by Insight Partners, with participation from ConnectOne Bank, PeoplesBank, The Banc Funds Company, and Mendon Venture Partners. The banking technology provider will use the funds to scale its transaction processing and commercial banking platform. Nymbus offers modern core systems and BaaS capabilities to banks and credit unions.
Hawk:AI Partners with 42flows.tech for AI-Powered AML Integration
Hawk:AI partnered with Estonian middleware firm 42flows.tech to enable no-code integration of AI-powered AML and fraud surveillance technology with core banking systems. The collaboration leverages 42flows.tech's pre-built connectors and workflow automation to accelerate deployment for financial institutions. This partnership supports a banking-as-a-platform approach, reducing custom coding requirements for AML solution rollouts.
ConnectOne Bancorp Acquires Fintech Lending Platform BoeFly
ConnectOne Bancorp, parent of ConnectOne Bank, completed its acquisition of BoeFly, a New York/Boston-based fintech focused on small business lending platforms. The deal represents a bank acquiring fintech capabilities to enhance its digital lending operations. This is a notable example of a traditional bank integrating embedded finance technology.