Banking Infrastructure

Zambia-based FinTech Union54 said to raise seed extension

Zambia-based card issuing platform Union54 has reportedly collected $12m in its seed extension round.

Money management app for the music industry Stem scores funding

Stem, which is helping musicians improve their financial stability with new tools, has closed a fresh $20m funding round.

NanoPay’s Aliada Digital Card is aiming to “transform the lives of women” in Mexico

NanoPay’s Aliada Digital Card is available to all Mexican women over the age of 18 who wish to start or improve their credit history or continue exploring new forms of financing.

Social impact FinTech Wagestream lands $175m

Wagestream, a flexible pay and financial well-being app founded by charities and designed for frontline workers, has closed a $175m Series C round.

Nova Credit expands into Europe to serve migrant corridors

Nova Credit, a FinTech that says it is unlocking opportunities for those historically excluded from the credit system and companies looking to serve them, has expanded into Europe.

Voyager raises $210m for PayMaya and Maya Bank in the Philippines

Voyager Innovations, the Philippines-based technology company behind the end-to-end money platform PayMaya and neobank Maya Bank, has raised $210m.
Loop-exits-stealth-funding-simplify-logistics-payments

Loop exits stealth on a mission to simplify logistics payments

Loop, a San Fransciso-based shipping and logistics payments platform, has raised a total of $30m through seed and Series A funding round and exited stealth.

Carmoola lands £27m to transform car financing

London-based Carmoola, which claims to turn car finance on its head, has raised £27m in seed funding.

ecolytiq joins forces with Snowdrop Solutions for climate awareness in banking

Sustainability-as-a-service provider ecolytiq has partnered with Snowdrop Solutions, a data enrichment service provider, to accelerate climate awareness and behavioural change for banking customers.

Neo bank Monument Bank partners with Persistent Systems for developing its infrastructure

Neo bank Monument Bank has partnered with Persistent Systems to build a cloud-native digital banking platform for lending and deposit services to support Monument’s operations.

News Stories

Gradient AI, an independent provider of artificial intelligence (AI) solutions for the insurance industry, has successfully raised $36m.

Gradient AI raises $36m to advance AI solutions in insurance

Gradient AI, an independent provider of artificial intelligence (AI) solutions for the insurance industry, has successfully raised $36m.
Priceline, the iconic innovator of online travel, and Cover Genius, the InsurTech for embedded protection, have announced a new North American partnership to introduce enhanced travel protection for flights, hotels, rental cars, and packages booked with Priceline.

Priceline and Cover Genius join forces to enhance North American travel protection

Priceline, the iconic innovator of online travel, and Cover Genius, the InsurTech for embedded protection, have announced a new North American partnership to introduce enhanced travel protection for flights, hotels, rental cars, and packages booked with Priceline.
Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), has announced that Rob Cole has joined the company as chief actuarial officer.

Markel welcomes Rob Cole as new chief actuarial officer

Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), has announced that Rob Cole has joined the company as chief actuarial officer.
Good.Lab, a provider of sustainability software and services, has launched a new solution designed to help mid-market companies comply with the European Union’s Corporate Sustainability Reporting Directive (CSRD).

Good.Lab unveils solution to aid mid-market companies with EU CSRD compliance

Good.Lab, a provider of sustainability software and services, has launched a new solution designed to help mid-market companies comply with the European Union’s Corporate Sustainability Reporting Directive (CSRD).
Digital solution platform, Bold Penguin, has announced a strategic partnership with RT Specialty, a leading wholesale distributor of commercial excess and surplus (E&S) insurance products and services.

Bold Penguin partners with RT Specialty to enhance E&S insurance solutions

Digital solution platform, Bold Penguin, has announced a strategic partnership with RT Specialty, a leading wholesale distributor of commercial excess and surplus (E&S) insurance products and services.

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