Banking Infrastructure

Petal, a credit card and financial technology company, has raised $35m in funding and spun off its B2B-focussed data infrastructure and analytics subsidiary, Prism Data.

Nymbus, a premier provider of cutting-edge financial technology solutions, has announced significant strategic investments from Curql Collective and Reseda Group. Curql Collective is a Credit...

Advance Intelligence Group, a Singapore-based AI-driven technology company, has successfully raised over $400m in its Series D round of financing. The funding round was led...

New York-based independent prime broker Clear Street has been valued at $2bn following the close of a $270m investment from growth equity firm Prysm Capital.

SaaS financial industry platform Fivvy has received support from Globant Ventures, which includes a planned $4m investment over a two-year period.

Rain, an employee financial wellness start-up, has raised $115m in funding, encompassing $66m in equity and $50m in debt.

ClassWallet, a digital wallet technology platform for federal, state and local education and government agencies, has raised a significant minority growth investment.

ID Finance, a Spain-based FinTech offering retail banking and finance solutions, has raised €30m in funding.

Nigeria-based OnePipe, which empowers companies to integrate financial services within their value chains, has reportedly raised NGN 2.25bn ($4.8m).

 Weavr, which is helping transform business with embedded finance, has acquired B2B open banking platform Comma Payments.