Banking

India’s software firm Rezolv raises $12.5M Series A led by Norwest

Rezolv, an Indian software company that utilizes AI to automate debt collection for lenders, has raised $12.5 million in a Series A funding round led by U.S. venture firm Norwest, with participation from Vertex Ventures Southeast Asia and India and existing investor 3one4 Capital.

API-first architecture can help to banking modernization in Southeast Asia, says Mambu MD [interview]

API-first, SaaS platforms are the right foundation for payments modernization, fraud prevention, and cross-border scaling in Southeast Asia, David Becker, Managing Director for Asia Pacific at Mambu, said to TNGlobal.