Banking Infrastructure

Harvest Savings & Wealth Technologies collects $23m in round of debt and equity

Harvest Savings & Wealth Technologies, a solution provider for the financial industry, has collected $23m in a round made of equity and debt.

Even Financial closes $25m strategic round

Even Financial, a B2B2C FinTech evolving the way financial institutions find and connect with consumers, has collected $25m in a strategic round.

LOVEFiLM founder’s investment helps Twisto secure €14m as part of its Series B round

Czech-founded challenger bank Twisto has just announced that it has raised €14m as part of its Series B round.

Allied Irish Banks taps nCino to provide its new operating system

One of Ireland’s Big Four banks has picked cloud banking system company nCino to provide its new bank operating system.

Accion Venture Lab launches $23m fund to invest in inclusive FinTech startups

The newly announced investment fund from Accion Venture Lab is set to smoothen the path for success for inclusive FinTech startups.

UK digital banks’ sales expected to treble in the next year

Despite Brexit and concerns about their long-term profitability, UK-based challenger banks seem set to grow their sales in 2019.

B-North partners with nCino and Mambu to build core banking technology

B-North, a UK-based company establishing an SME lending bank, has chosen SaaS banking engine Mambu and bank operating system nCino to provide its core banking technology.

OneConnect to offer products in Europe through finleap deal

OneConnect, an affiliate of Ping An Insurance, will offer its FinTech software-as-a-service (SaaS) to the European market via finleap in a new partnership.

LINK pledges to protect Brits’ access to ATMs

The UK cash machine network LINK is worried about ATMs disappearing from the country’s streets. Now it has announced it will pay to protect free access to cash in every high street in the UK.

Teslar Software bags $2m in seed round supported by ICBA

Teslar Software, an automated workflow and portfolio management tool suite for community financial institutions, has bagged $2m in its seed round.

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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