Greenwood acquires mobile banking platform Kinly
Greenwood, a digital banking platform focused on serving Black and Latinx communities, has acquired Kinly, a mobile banking platform, in a move that brings together two of the largest Black-owned FinTechs. The terms of the deal were not disclosed.
InsurTech startup Slope Software nets $2m in funding
US-based InsurTech startup Slope Software has netted $2m in a funding round led by Tech Square Ventures.
SpyCloud closes $21m Series B to support product and team expansion
SpyCloud, a company specialising in account takeover prevention services, has bagged $21m in Series B funding.
Velocity Solutions acquires automated overdraft management company
Velocity Solutions, a software developer for financial institutions, has acquired the automated overdraft management solution of CourtesyCloud Management Solutions.
Stablecoined-settled trading platform Thalex closes funding
Thalex, which offers stablecoin-settled crypto options and future, has closed its Series A on €7.5m.
Identity fraud fighting startup ubble raises €10m in seed round
French tech startup ubble has bagged €10m in seed capital and a partnership with Bpifrance, the investment bank.
CyberTech startup Enveil scores $25m investment
Enveil, a startup focused on data encryption, has inked $25m from a funding round headed by USAA.
Investing app Warren said to close $54.95m funding round
Investing platform Warren has reportedly raised $54.95m in a funding round from Singapore sovereign wealth fund GIC.
ZA Bank to implement the OneSumX solution to boost compliance
ZA Bank, which claims to be Hong Kong’s first virtual bank has selected Wolters Kluwer’s OneSumX to handle its regulatory reporting needs.
Investment platform Jacobi closes AUD $11m investment
Cloud-based investment platform Jacobi has closed a funding round on AUD $11m ($7.6m) from several US investors.
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