This Week in Fintech: TFT Bi-Weekly News Roundup 02/12

This Week in Fintech: TFT Bi-Weekly News Roundup 02/12

Arteria AI , an enterprise digital documentation firm, has acquired selected financial services assets of H4, the contract lifecycle management platform. As part of the agreement, H4’s chairman and co-founder Joe Seifert will also join Arteria AI’s team as a senior advisor. Ateria AI helps large banks to accelerate their client documentation processes at scale. Payments provider and merchant acquiring bank Credorax has unveiled a new company identity – Finaro . Founded in 2009, the company is based in Israel and Malta, with presence in China, Hong Kong, the US and Europe. Meanwhile, Fortnox , a cloud accounting platform, has acquired 78 per cent of the shares in Capcito Finance AB, in a deal that values Capcito (including Monto ) at SEK413million. Capcito’s subsidiary Monto is a modular platform for data-driven credit scoring and monitoring. Two of Capcito’s founders, Michael Hansen (CEO) and Henrik Dyberg (CTO), will keep their stakes and continue to lead the companies. Republic , the US-based private investment platform, is to acquire Seedrs , the online private investment platform, in a deal that values Seedrs at $100million. The acquisition of Seedrs follows Republic’s recent $150million Series B financing announcement, led by Valor Equity Partners . As