About Karen Joy
Karen Joy Bacudo
Finance Editor
Karen wears two hats at TechDay, balancing her role as an editor while assisting with finance tasks. She bridges writing content and reconciling numbers to support the team, with the same level of accuracy and precision.
Stories by Karen Joy - Page 9
Stake raises USD $8m, buys UMoveFree to grow renter tech
Last month
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fintech
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ai
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m&a
Stake raises USD $8m and buys UMoveFree and Lighthouse to build an AI-driven renter network spanning search, leasing, rewards and banking.
Diligent launches AuditAI to streamline internal audits
Last month
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data analytics
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digital transformation
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rpa
Diligent unveils AuditAI, an agentic AI suite that cuts audit admin by up to 70% while turning board-level risk signals into concrete actions.
Replit raises USD $400m, hits USD $9bn AI valuation
Last month
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data analytics
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digital transformation
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martech
Replit secures USD $400m funding, lifting its valuation to USD $9bn as it bets on AI coding agents and rapid global expansion.
AI leaders lack rules & data to scale finance tools
Last month
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manufacturing
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data analytics
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digital transformation
AI 'leaders' in finance rush to pilots but lack rules, data and governance to scale tools into core, high‑accountability workflows.
London tops fintech as Europe urges pension funding
Last month
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saas
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fintech
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risk & compliance
London tops global fintech funding as Europe outperforms in regulated niches but leans on US backers and eyes pensions to plug gaps.
Oracle Q3 boosted by AI cloud surge & USD $553bn RPO
Last month
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saas
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digital transformation
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hyperscale
Oracle Q3 revenue jumps 22% to USD $17.2 billion as AI-fuelled cloud demand soars and contracted backlog swells to USD $553 billion.
G2A adds Klarna to offer flexible payments for gamers
Last month
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gaming
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fintech
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digital entertainment
G2A adds Klarna at checkout, letting European gamers split or delay payments on over 90,000 digital titles and in-game purchases.
Datarails unveils FinanceOS to power AI-driven finance
Last month
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martech
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physical security
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risk & compliance
Datarails launches FinanceOS, a unified data layer and MCP link to AI tools, promising governed, real-time finance workflows at scale.
Emburse unifies vendor payments & staff reimbursements
Last month
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digital transformation
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fintech
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partner programmes
Emburse expands its Pay platform to unify vendor payments and staff reimbursements, linking approvals, funding and reconciliation in one flow.
Jazz raises USD $61m to reinvent data loss prevention
Last month
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data protection
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digital transformation
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cloud security
Jazz raises USD $61m to launch AI-led data loss prevention platform that slashes alert noise and targets higher-confidence risks.
MANTL & MeridianLink join forces on digital lending
Last month
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digital transformation
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fintech
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cx
MANTL and MeridianLink are partnering to integrate digital loan applications with back-end origination, targeting banks and credit unions.
Upstart seeks US bank charter to launch AI-driven bank
Last month
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digital transformation
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fintech
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risk & compliance
Upstart will seek a US national bank charter to launch an AI-driven bank, enabling it to take deposits and lend directly nationwide.
Mastercard unveils AI 'Virtual C-Suite' for small firms
Last month
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data analytics
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digital transformation
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fintech
Mastercard launches its Virtual C-Suite AI agents, starting with a Virtual CFO, to give small firms automated executive-style insights.
Audit firms step up AI adoption while seeking safeguards
Last month
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digital transformation
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rpa
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ai security
Audit firms are racing to embed AI into core work, but say true advantage now hinges on tougher governance, bias controls and global rules.
LemFi gains Bank of Canada oversight under new RPAA
Last month
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fintech
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risk & compliance
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bnpl
LemFi gains Bank of Canada oversight under the new Retail Payment Activities Act, bolstering trust in its cross-border remittance services.
Unlimit names Irene Skrynova CEO of global payments
Last month
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data protection
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dr
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fintech
Unlimit appoints Irene Skrynova CEO of global payments to unify its processing, product and tech as it pivots to financial infrastructure.
Azul Prime delivers 129% ROI & major cloud savings
Last month
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saas
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private cloud
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digital transformation
Azul Prime customers see 129% ROI, USD $10.2 million in benefits and nearly USD $4 million in cloud savings over three years, says study.
Temenos gains Microsoft AI Cloud core banking status
Last month
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saas
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digital transformation
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hyperscale
Temenos wins Microsoft AI Cloud partner status for its Azure-native core banking SaaS, boosting co-sell options and bank modernisation plans.
Legora raises USD $550m to fuel US & APAC AI growth
Last month
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saas
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digital transformation
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rpa
Legal AI platform Legora raises USD $550m at a USD $5.55bn valuation to speed expansion across the US and wider Asia-Pacific markets.
Alteryx tops USD $1 billion ARR as AI workflows surge
Last month
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data analytics
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digital transformation
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rpa
Alteryx hits USD $1 billion ARR as AI pushes automated workflows past 380 million and firms race to govern data for safer deployment.