nCino is a cloud-based banking technology provider that has raised $140 million to date; Salesforce Ventures led their latest funding round; the funds will be used to fuel global growth and further development of their Bank Operating System which is built on Salesforce; the company has 180 financial clients across the world. Source
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Galileo’s CPO, David Feuer, said AI and improving infrastructure allow financial services innovators to create more responsive products, including in BNPL.
According to Bloomberg, Google is working on its own blockchain technology in their cloud business; the distributed ledger would allow third parties to post and verify transactions and will also offer a white-label product for companies; Google has also been active in acquiring and investing in startups according to the source. Source