Danske Bank has invested into Denmark-based personal finance app Spiir, becoming its co-owner.
Archway, a firm that provides a single access point to connect any banking platform to third-party financial software providers, has bagged $15m.
A majority of FinTech customers would happily use a traditional bank (66 per cent) or insurer (61 per cent) that offered similar services and pricing as a neobank or InsurTech rival, a study from Oliver Wyman claims.
FNZ Group has acquired European Bank for Financial Services (ebase) from Comdirect bank in a deal worth €154m.
Cloud-based payments processor QRails has netted $7m in its latest round of funding.
Automated lip-reading technology Liopa, which closed a £40m investment earlier in the month, has secured more funding.
While technology and data advances will enable banks to offer hyper-personalized and automated services, they will need to find balance between innovation and risk management, HSBC report claims.
Remind me, a contract and insurance policy reminder solution, has received a €1m seed round from High-Tech Gründerfonds.
FinTech companies in the region raised $9.7bn so far in 2021 boosted by huge funding rounds in Brazil
Finance Unlocked, which is used by top banks, asset managers and law firms to educate people on the financial world, has bagged £1.75m in its new funding round.