Banking Infrastructure

US-based Rellevate, a digital banking FinTech company, has selected Technisys as its digital banking platform provider.

Venture capital Lightspeed Ventures, Founders Fund and PayPal founder Max Levchin's SciFi VC have joined forces to back banking API provider Teller’s new funding round.

Neocova, a startup building software for financial institutions, has bagged $9.5m in its Series A to further help digitalise community banks in the US.

Investment management technology developer Arcesium has received an investment from J.P. Morgan.

Applica, an enterprise software company, has closed its Series A funding round which was led by Cogito Capital Partners.

Amsterdam-based Backbase is going global. Having already opened a new office in Dubai in October, the banking software provider is strengthening its grip of the Asia Pacific (APAC) market.

Digital wealth infrastructure company WealthKernel has netted £4.5m in its Series A round from ETFS Capital.

Digital bank TONIK has picked Finastra’s Fusion Essence for its end-to-end core banking capabilities.

The global banking mobile market is expected to grow at a compound annual growth rate (CAGR) of 12.2% between 2019 and 2026, according to Allied Market Research.

Having just filled its war chest with €90m of fresh capital, Swedish banking portal Tink is gearing up to roll out its services across...