CFOtech New Zealand - Technology news for CFOs & financial decision-makers

Financing stories

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Wayflyer marks anniversary with USD $5 billion in business funding

Tue, 6th May 2025
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Wayflyer celebrates five years by deploying USD $5 billion to over 5,000 small businesses globally and launching three new non-dilutive financing products.
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Databricks acquires BladeBridge to boost SQL migrations

Thu, 6th Feb 2025
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Databricks has acquired BladeBridge to simplify enterprise data warehouse migrations, aiming to enhance efficiency and performance for over ten thousand customers.
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CIBC invests GBP £5m in Infinity for product development

Thu, 30th Jan 2025
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CIBC Innovation Banking has extended a GBP £5 million corporate debt facility to Infinity, bolstering the call tracking firm’s growth and product development efforts.
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Bugcrowd appoints Trey Ford & reveals new services

Tue, 5th Nov 2024
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Bugcrowd has appointed Trey Ford as Chief Information Security Officer for the Americas, aiming to enhance cybersecurity operations amid rapid growth.
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Ooredoo secures significant financing deal for AI & data centre growth

Thu, 3rd Oct 2024
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Ooredoo secures QAR 2 billion financing for data centre and AI expansion in MENA, marking the largest tech deal in Qatar's history, underscoring regional growth.
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BAM Mutual launches in Australia to insure key infrastructure bonds

Tue, 17th Sep 2024
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BAM Mutual debuts bond insurance in Australia, targeting energy transition and social infrastructure, aiming to expedite and economise key projects in the region.
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STT GDC strengthens sustainability-linked financing framework

Thu, 5th Sep 2024
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ST Telemedia Global Data Centres enhances its Sustainability-Linked Financing Framework, targeting carbon-neutral operations by 2030 with rigorous new benchmarks.
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NTT New Zealand reports reduced losses but faces challenges

Thu, 5th Sep 2024
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NTT New Zealand cuts net loss to NZD $17.3M but remains in deficit amid declining revenues and rising interest costs, challenging its financial stability.
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Investment in data centres surges, ABS gaining traction

Wed, 12th Jun 2024
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Global investment in data centres hits USD $22 billion in five months, with asset-backed securitisations driving financial strategies, Linklaters reports.
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STACK secures whopping $1.3bn for global expansion

Wed, 5th Jun 2024
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STACK Infrastructure secures USD $1.3 billion for global data centre expansion, emphasising green construction in key regions like Melbourne and Manassas.
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Maincubes integrates sustainability targets into new financing

Fri, 17th May 2024
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maincubes, a European data centre operator, integrates sustainability targets into growth financing, reflecting a strong commitment to eco-friendly practices.
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Demica & Jardine Norton team up to boost UK SME financing

Tue, 30th Apr 2024
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London-based finance provider Demica partners with trade finance firm Jardine Norton, backing an increased financing facility of up to GBP £200 million to aid the growth of UK SMEs and double its financed portfolio.
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Infinigate launches financial services programme to support European partners

Tue, 13th Feb 2024
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Infinigate launches 'Infinigate Financial Services', providing partners across Europe with funding solutions to tackle CAPEX concerns and enhance growth in an unpredictable market landscape.
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CIBC finances Actionstep's acquisition of Soluno for legal tech move

Tue, 30th Jan 2024
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CIBC Innovation Banking funds global legal software firm Actionstep's acquisition of Soluno, marking a pivotal investment in digitalising legal firm workflows.
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GB Helios celebrates four years of successful partnership with Mambu

Tue, 23rd Jan 2024
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GB Helios celebrates four years of prosperous collaboration with cloud bank platform Mambu, key to the firm's rapid growth and enhanced client experience.
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SourseAI bags $3m in Series A funding to expand AI telecoms platform

Thu, 7th Dec 2023
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Australian start-up SourseAI bags $3m in Series A funds led by Centerstone Capital, aiming to expand its AI telecoms platform globally.
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Sanoh resigns from Cassava Network to launch fintech Mansa Finance

Mon, 13th Nov 2023
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Former Cassava Network CEO, Mouloukou Sanoh, launches Mansa Finance, intending to address Africa's SME credit issues.
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Oracle and Mastercard partner to streamline B2B payment transactions

Tue, 19th Sep 2023
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Oracle partners with Mastercard to streamline B2B payment transactions, aiming to simplify fiscal mechanisms via Fusion Cloud ERP.
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Exclusive: How QuickFee simplifies payments for financial firms

Wed, 13th Sep 2023
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In the ever-evolving world of accounting and professional services, one constant remains: the critical importance of being paid on time.
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Hexaware builds a metaverse for Aditya Birla Capital customers

Fri, 16th Jun 2023
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Aditya Birla Capital has collaborated with Hexaware to build an immersive metaverse experience, elevating customer engagement.