Intelligent Fin.tech Issue 14 | Page 22

FOLLOWING THE MONEY

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1 UNITED STATES 2 ESTONIA

AppBrilliance , a platform for real-time Account-to-Account payment acceptance , announced it has closed a strategic investment from Truist Ventures , the corporate venture capital arm of Truist Financial . The investment allows AppBrilliance to further develop its IP portfolio and expand its resources to support rapid growth and interest from financial institutions and other strategic partners looking to incorporate real-time payments into their Pay-by-Bank offerings .
The Nordic Investment Bank ( NIB ) and Demant A / S , a Danish hearing healthcare company , have signed a new sevenyear loan agreement of DKK 750 million ( EUR 100.80 million ) to help finance the company ’ s audiological devices and technology research investments . Demant has a very significant and comprehensive R & D programme and a very large portion of this is carried out in close cooperation with several universities , research centres and companies in Denmark .
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