FinTech news in Enterprise category

After years watching deals falls through due to a lack of payment flexibility, they left Motive to build Vartana, aiming to equip companies with a managed platform that helps sales reps close deals. Vartana also secured a $50 million line of credit from i80 Group, which Kella says will ensure financed deals can be managed through Vartana’s new capital marketplace. Vartana helps to manage tasks like contract tracking, payment terms and signature capture, accepting a range of different payment options (e.g., pay in full, deferred payment) and installment plans. But he doesn’t see them as direct competitors, pointing out that Vartana’s model hinges on delivering financing to buyers and targeting late-stage tech companies.

April users connect their payroll, bank statements, mortgage, prior year tax return and other finance apps to the platform and then tell April about significant tax events over the past year (e.g., moving to another state).

Ozark less-than-satisfactory experience with existing financial compliance software led him and Madhu G. Nadig to co-launch Flagright. Ozkan is the founder of Flagright, a startup that aims to prevent financial crime, like money laundering or terrorist financing, with an API-first product.

Narmi offers products including digital account opening, business digital account opening, consumer digital banking, business digital banking, and an administrator console. While New York, New York-based Narmi isn’t a bank, it provides mobile, online, and digital account banking to regional and community financial institutions.

According to Mack, Middesk allows service providers to form a picture of their customers and offer products they might need to establish, operate, and maintain their businesses.

BlockApps has raised $41 million in a new funding round to continue its expansion into the enterprise blockchain space, the company president and CEO Kieren James-Lubin.