CIBC Innovation Banking has announced the provision of debt financing to support Norvestor’s acquisition of Wint, a Swedish fintech firm specializing in automated accounting and payroll solutions for small and micro businesses. Founded in 2011 in Gothenburg, Wint offers an all-in-one, cloud-based platform designed to streamline financial administration covering everything from invoicing, bookkeeping, and payroll to tax returns and statutory reporting. The automation helps small business owners focus more on growth and less on back-office tasks. The acquisition, completed in December 2024, saw Norvestor IX SCSp take a majority stake, alongside Wint’s management and key team members. Daniel Johansson, CEO…
Author: News Team
UK-based Inntelo AI, a pioneer in hospitality technology, has unveiled its newly formed global advisory board featuring leading hospitality experts from across the UK, Europe, North America, and the Middle East. The company is behind an innovative conversational and agentic AI tool built specifically for hotels. Its flagship AI Concierge integrates seamlessly into hotel operations, enabling guests to receive support through WhatsApp and phone calls — handled first by a multilingual AI agent available 24/7. Tasks and requests are then intelligently routed to hotel staff, reducing response times and improving operational efficiency across the board. The company’s new board brings…
Running a local business no longer means being confined to local customers. Thanks to digitalization and global banking innovations, even small businesses can now tap into international markets, serve customers across borders, and operate with the same financial flexibility as global enterprises. But to do this efficiently, they need a banking system that isn’t restricted by geography or outdated financial barriers. This is where borderless banking comes in. Borderless banking eliminates the limitations of traditional financial institutions by enabling seamless international transactions, multi-currency management, and instant payments. Businesses that embrace this approach gain a competitive edge, reducing costs,…
Xceptor has released a new report, Operational Efficiency Is Driving Digital Transformation in Capital Markets, developed in collaboration with Crisil Coalition Greenwich. The report highlights how capital markets firms are rethinking their operational models amid rising trade volumes, increasing data complexity, and intensifying regulatory pressure. Based on insights from over 70 C-suite and senior leaders across North America, Europe, the U.K., and Asia Pacific, the study sheds light on the urgent need for digital transformation and where firms are finding the greatest opportunities to evolve. “Despite several benefits of digital transformation to improve workflow efficiency, many participants are taking more…
Nexus International, the gaming group founded by Gurhan Kiziloz, is pursuing a revenue target of $1.45 billion by the end of 2025, a figure that is shaping internal conversations but attracting little attention beyond the company’s own ranks. Unlike some rivals that tie ambitious projections to quarterly investor updates or multi-stage funding cycles, Nexus’s approach is marked by a preference for quiet discipline. The group, which has already exceeded $400 million in gaming revenue, remains entirely self-financed. There is no record of outside equity or debt on its books. All expansion and operational expenditure continues to be underwritten by business…
One Click LCA, the AI-powered leader in decarbonization software for the construction and manufacturing sectors, has named Colby Manwaring as its new Chair. Manwaring, known for scaling Innovyze to a $1B acquisition by Autodesk in 2021, brings deep expertise in enterprise software growth. His leadership is expected to support One Click LCA’s ambitious target of reaching €100M in annual revenue as it accelerates global expansion. “The construction sector faces enormous pressure to decarbonize, and One Click LCA’s software removes the friction for manufacturers and designers. I’m excited to help scale this platform globally and build on the momentum toward €100M…
Maintaining excellence across multiple industries demands consistent standards and rigorous operational frameworks. Established in 1998, the QI Group has evolved to become a conglomerate distinguished by its commitment to quality across several industries, with a global presence encompassing more than 30 countries and a workforce exceeding 2,000 employees. Vijay Eswaran, QI Group’s executive chairman, articulated the company’s approach to growth in a recent interview. “We were very clear that we have a greater purpose other than being profit-driven. In today’s terms, it’s called stakeholder capitalism,” he said. “The ideology of putting shareholders above all that has driven businesses for the…
Private real estate lender Mera Investment Management has appointed Raj Bath as Director of Portfolio Management, Capital & Reporting. A chartered accountant by training, Raj began his career at Dixon Wilson before joining Topland in 2012, where he played a pivotal role in building its lending division. He was instrumental in structuring loans, managing portfolios, and designing financial models and internal reporting systems. His appointment underscores Mera’s continued focus on operational excellence and growth. Raj managed a substantial loan book at Topland, where he spent over 15 years and worked with now CEO of Mera, Edward Matthews. As Mera’s Portfolio…
Systematic approaches to organizational growth separate companies that achieve sustainable scale from those that plateau. Phaneesh Murthy’s three-decade career demonstrates how methodical frameworks, when properly implemented, can drive exponential expansion across diverse market conditions and technological shifts. The Mechanics of Systematic Expansion While serving first as Worldwide Head of Sales & Marketing, Phaneesh Murthy moved into the Product Solutions Group and served as a board member at Infosys, with his leadership resulting in growth from under $2 million to $750 million over a ten-year period. This transformation relied on structured processes rather than opportunistic growth. The Global Delivery Model that…
In 2024, Nexus International posted over $400 million in revenue from its gaming platform Megaposta, largely through operations in Brazil. Despite the scale, the company remains largely absent from public view. No press tours. No product launches. No founder spotlight. The man behind it, Gurhan Kiziloz, is equally reserved. While some entrepreneurs use media to shape a narrative around growth, Kiziloz has kept Nexus off the public stage. The company has no visible roadmap and avoids traditional communication strategies. Its next target, $1.45 billion in revenue by 2025, has been shared quietly, without the usual trappings of a company signaling…
