Banking Infrastructure

Ebury, a trade and foreign exchange facilitator for small and medium-sized companies, has collected £350m in an investment from Banco Santander.

Recognise is a new upcoming SME bank expected to launch in 2020. It has now taken another step towards the launch by tapping Mambu to provide its banking software.

Founded in 2018, Consolidated Bank Ghana is the consolidation of five different banks. It is now live, having enlisted Temenos, the bank and financial services software company, for help.

Uber has taken another step into FinTech scene. As other big tech firms are also viewing the opportunities of the sector, the industry might change considerably.

London-based TrueLayer has just received a major vote of confidence for its open banking API platform.

Fairmarkit, an AI-powered tail spend management solution, has scored $11m in its Series A round led by Insight Partners.

Bayzat, company offering human resources, payroll, and employee benefits, has collected $16m in its Series B.

Denizen is shutting down barely three years after the global banking solution first saw the light.

Banking software company Galileo Financial Technologies has scored $77m in an investment round led by venture capital firm Accel.

Financial service provider OTP Bank has opened its application process for the latest batch of its later-stage startup programme.