Banking Infrastructure

AI chatbot Kasisto collects $7m in Series B round

Kasisto, a startup helping to digitalize financial services, has raised $7m in a Series B funding round.

Finix closes $35m Series B to support international plans

Payments services company Finix has closed its Series B round on $35m, with Sequoia Capital acting as the lead backer.

UK challenger bank OakNorth partners with SME-focused lender OIMIO

Dutch commercial real estate lender OIMIO has launched through a collaboration with UK-based challenger bank OakNorth.

Berenberg launches new WealthTech portal together with Backbase

Digital banking infrastructure company Backbase has helped the 400-year-old bank Berenberg launch a new customer-centric digital wealth management portal.

Curve founder Shachar Bialick responds to a smattering of negative headlines by labelling them...

FinTech startup Curve has faced lot of criticism lately. Now the founder has responded to the bad press his venture has received by essentially accusing the media of publishing fake news.

Openlegacy secures investment from SBI Holdings

Banking API developer Openlegacy has received a $20m investment from Japan-based SBI Holdings.

API developer Griffin collects ?3m as it seeks UK banking license

Banking API platform Griffin has reportedly raised ?3m in a seed round as it looks to finish building its platform.

French FinTech Bankin’ introduces new bank API Bridge Pay

FinTech app Bankin’ has expanded its offering with a new API dubbed Bridge Pay. The solution will empower users to initiate payments using bank transfers through the app.

ServiceNow acquires conversational AI platform Passage AI to boost language support

Cloud-based platform ServiceNow has acquired conversational AI platform Passage AI, for an undisclosed amount.

Crédit Agricole acquires FinTech Linxo Group

French bank Crédit Agricole has announced its plans to buy the Linxo Group, the FinTech startup launched in 2010.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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