Banking Infrastructure

Biggest ever equity crowdfund on Crowdcube sees FinTech Chip bag £11.5m

Digital savings account Chip has raised £11.5m in what is to date the biggest equity crowdfund held on investment crowdfunding platform Crowdcube.

Financial product API dev Codat picks up $100m

Codat, an API software developer, has received $100m in its Series C funding round, which was led by JP Morgan Growth Equity Partners.

Cross River Bank closes $100m round as it preps for IPO

Cross River Bank, which offers banking solutions to FinTech companies, has reportedly collected a $100m funding round, as it prepares for its initial public offering (IPO) next year.

Buy Now, Pay Later for healthcare startup Walnut secures $110m

Buy Now, Pay Later (BNPL) healthcare startup Walnut has raised $110m in a Series A funding round led by Gradient Ventures.

Open banking company Tink acquires Instantor

Swedish FinTech Tink has ramped up its European expansion by acquiring Instantor, the credit decision solutions provider that uses open banking technology.

Razorpay triples valuation to $3bn with latest funding round

Digital payments and business banking platform Razorpay reeled in $160m in its Series E round of funding at a valuation of $3bn, barely six months after it raised funding that catapulted it in the unicorn club.

UiPath collects $153m in Series B funding round

Robotic process automation software company UiPath has collected $153m in its Series B led by Accel.
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SIX increases stake in Swiss Euro Clearing Bank to 100%

Switzerland-based financial services technology provider SIX has acquired the remaining stake of German-based Swiss Euro Clearing Bank (SECB).

Rewire to protect European migrant community with Quover and AIG

FinTech start-up Rewire, which develops an online financial services platform for expatriate workers, has partnered with InsurTech Quover and insurer AIG to protect its customers.

NatWest uses Featurespace’s tech to fight financial fraud

Crime prevention software developer Featurespace has been enlisted by NatWest to protect the bank's customers against fraud.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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