Banking Infrastructure

Digital market infrastructure operator, Marketnode, has announced the successful first close of its Series A investment round.

Osome, a leading finance admin platform for founders and small and medium businesses (SMBs), has announced the completion of its Series B funding round, raising $17m. The funding, a mix of equity and debt, comes from both new and existing investors.

Cache Valley Bank, a community bank with $2.9bn in assets serving Utah and Southern Idaho, has expanded its collaboration with Finastra, a financial software provider, to enhance its digital banking infrastructure.

Tide, a leader in the UK business financial platform sector, has launched a free current account in Germany aimed at small businesses.

Fintech Farm, a London-based startup, has successfully raised an additional $32m in funding.

Validata, a leading provider in AI-driven reconciliation and data management tools, has partnered with Temenos, a banking software developer. 

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.

Iress, a leading technology provider for the financial services industry, and Nomo Bank, a pioneering Sharia-compliant digital bank in the UK, have announced a significant partnership.

Finastra, a global provider of financial software applications and marketplaces, has partnered with OpenFin, a leader in Chromium-based workspace technology for the financial industry.

Blend Labs, known for its cloud banking services, and Haveli Investments, a technology-focused private equity firm, have announced a strategic partnership marked by a significant $150m investment in Blend by Haveli.