Saturday, November 20, 2021

nCino, which develops a cloud-based operating system for financial institutions, to acquire mortgage tech vendor SimpleNexus for $1.2B, including $240M in cash (Maria Volkova/HousingWire)

Maria Volkova / HousingWire:
nCino, which develops a cloud-based operating system for financial institutions, to acquire mortgage tech vendor SimpleNexus for $1.2B, including $240M in cash  —  Fintech company plans to accelerate mortgage vendor's platform with banks and credit unions  —  North Carolina-based fintech firm nCino …



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Japan allocates another $9.9B to boost its chip, quantum computing, and AI endeavors, with an undisclosed amount going to chip startup Rapidus (Bloomberg)

Bloomberg : Japan allocates another $9.9B to boost its chip, quantum computing, and AI endeavors, with an undisclosed amount going to chi...