Banking Infrastructure

Pocket money app for kids, Junio, lands $6m

Digital payments firm Junio, which focuses on managing children’s pocket money, has raised $6m in a pre-Series A funding round.

Singapore’s Docsumo scores seed funding

Singapore-headquartered Docsumo, which helps firms automate decisions from customer documents, has netted $3.5m in its seed funding round.

Moneyhub calls for OpenData revolution

Moneyhub, the market leading Open Data and Payments platform, has called for greater data-sharing among financial firms as part of its response to the FCA’s Consumer Duty Proposals.

Circular economy app Twig receives Global Blue backing

UK-based circular economy platform Twig has received an investment from Global Blue Ventures, just months after it closed its Series A on $35m.

Singapore’s Volopay scores $29m Series A

Singapore-based Volopay has reportedly collected $29m in its Series A funding round, which was comprised of debt and equity.

TSB eyes speed, security and convenience with new onboarding process

TSB has introduced a new customer onboarding journey through its mobile banking app that will help speed up the process of opening an account.

Zebec secures funding for DeFi payment solution

Zebec, a continuous and programmable cash stream protocol on Solana, has raised $15m in funding to scale its payment solution.

SoFi in Technisys take-over for $1.1bn

SoFi Technologies is buying banking-software maker Technisys for approximately $1.1bn, the latest in a string of deals designed to transform the lender into a one-stop financial shop.

ANZ backs Pollination for net zero

As part of a strategic partnership, ANZ will invest $50m for a minority equity stake in Pollination, a global climate change investment and advisory firm.

Nouse secures seed amid cost of living crisis

Nous, a London-based FinTech start-up, has raised $9m in seed financing to build out its service that helps households navigate the imminent cost of living crisis.

News Stories

Aven hits unicorn status with $142m funding for home equity credit solutions

Aven hits unicorn status with $142m funding for home equity credit solutions

Aven, a cutting-edge FinTech company, has successfully closed its Series D funding round, amassing a notable $142m.
FCA calls for stricter yet fairer treatment of politically exposed persons

FCA calls for stricter yet fairer treatment of politically exposed persons

The Financial Conduct Authority (FCA) has recently mandated that financial institutions, including banks, payment firms, and lenders, enhance their protocols to ensure fair treatment of politically exposed persons (PEPs).
PSR and FCA explore the impact of digital wallets on UK consumers and businesses

PSR and FCA explore the impact of digital wallets on UK consumers and businesses

The Payments Systems Regulator (PSR) and the Financial Conduct Authority (FCA) have jointly initiated a call for information to assess the rapidly growing influence of digital wallets on both consumers and businesses in the UK.
Hong Kong to fortify financial stability with new stablecoin regulations

Hong Kong to fortify financial stability with new stablecoin regulations

Hong Kong is poised to introduce a new regulatory regime for fiat-referenced stablecoin (FRS) issuers following positive feedback from a public consultation.
CTERA secures $80m from PSG Equity to enhance its hybrid cloud data platform

CTERA secures $80m from PSG Equity to enhance its hybrid cloud data platform

CTERA, a renowned leader in hybrid cloud data management, today announced a significant financial boost, securing $80m in a mix of primary and secondary funding from PSG Equity.

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