Ocrolus reels in $80m from QED Investors-backed Series C
Ocrolus has secured $80m in a Series C funding round led by Fin VC to help the firm scale its financial services document automation solution.
Doconomy raises $17m to continue its mission of helping banks reduce environmental impact
Doconomy, which provides data tools to help banks and other financial services to understand their environmental impact and reduct it, has closed a $17m funding round.
UK customers are changing banks due to poor complaints handling processes
Research by global software firm Nuix has found that UK customers are leaving their banks due to complaint mishandlings during the pandemic.
Deutsche Bank set to snap up Better Payment to widen PayTech market share
Deutsche Bank is to acquire payment service provider Better Payment with the aim of expanding its market share in payment processing and acceptance.
Zip extends global reach into India with ZestMoney investment
Australian buy now, pay later (BNPL) company Zip has invested $50m into Indian BNPL firm ZestMoney to expand its global grip on the payment market.
Galytix nets funding as it looks to build R&D team in Czech Republic
Galytix, an AI-powered FinTech that integrates data ecosystems for global financial players, has closed a fresh batch of funding, alongside the appointment of a new COO.
ECB stress test reveals potential climate peril for European banks
A climate stress test by the European Central Bank (ECB) has found firms based in areas most open to physical risk could see their creditworthiness impacted by climate change.
40% of financial institutions could take a decade to implement open banking
A survey by open banking platform Tink has found that four in ten executives believe it will take their organisation between 5-10 years to fully implement open banking.
Emerging markets set to lead mobile wallet uptake by 2025
A global study by Boku has found that emerging markets in Latin America and Africa and the Middle East are set to see the largest uptake in mobile wallets by 2025.
Amberdata nets $15m as it sets its eyes on international growth
Amberdata, a data and insights platform for blockchain networks, has closed its Series A on $15m as it looks to expand in the US.
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