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importantSYS.SOURCE: TechCrunch2026-07-23T06:09:13Z

ServiceNow Invests $40M in BusinessNext for AI-Driven Financial Services Expansion

ServiceNow has invested $40 million in Indian banking software firm BusinessNext, valuing it at $700 million, to enhance its financial services offerings. The partnership combines BusinessNext's AI-driven banking workflows with ServiceNow's enterprise automation to target global financial institutions.

ServiceNow's investment gives BusinessNext a strategic partner to expand its AI-powered banking software globally.

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