HoneyBook secures $250m Series E to advance offering to growing independent workforce
US-based financial management platform for independent service-based businesses Honeybook has raised $259m in Series E equity funding.
Banking API provider M2P Fintech picks up $35m Series C
India-based M2P Fintech has secured $35m from a Series C funding round led by US investment firm Tiger Global.
Car insurance app Noblr to be acquired by USAA
Insurance provider USAA is set to acquire US behaviour-based car insurance company Noblr for an undisclosed fee.
Over 25% of non-cash transactions to be instant and e-money payments by 2025
A report by Capgemini on world payments who found that instant and e-money payments will make up over a quarter of all non-cash transactions by 2025.
MotoRefi secures Goldman Sachs backing in $45m Series B
US Auto FinTech MotoRefi has closed a $45m Series B round led by Goldman Sachs Asset Management’s Growth Equity team.
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.
Blockchain unicorn Figure Technologies hits $3.2bn valuation after Series D close
Figure Technologies, which designed blockchain technology platforms for financial services, has hit a $3.2bn valuation after closing its Series D.
Mesh Payments said to raise $13m in funding round
Mesh Payments, which claims to be transforming corporate payments, has reportedly scored $13m in funding.
Ripple to foster faster cross-border payments with Finastra deal
Ripple is offering its blockchain technology through Finastra’s payment solutions to support faster cross-border payments.
Why banks should double down on innovation during the Covid-19 pandemic
The ripple effects of the coronavirus pandemic could cause companies to de-prioritise their digitalisation, but Nucoro believes that would be a “significant missed opportunity.” Instead of stopping, firms should be doubling down.