Banking Infrastructure

Juni launches credit card for e-commerce companies

Juni, the financial companion for e-commerce entrepreneurs, has launched its new VISA credit card in the UK.

South Africa-based Stitch scores $21m

Stitch, a South African API FinTech developer, has reportedly raised $21m in Series A funding round.

iptiQ and WiZink in bancassurance deal

Swiss Re’s digital B2B2C insurer iptiQ has partnered with digital bank WiZink to focus on the Spanish and Portuguese markets.

Tink teams up with Youtility amid cost of living crisis

European open banking platform Tink, and subscription technology platform Youtility, have partnered to provide UK retail banks with embedded subscription and money management tools.

How Thndr is making investing more accessible in Egypt

Egypt-based investment platform Thndr has raised $20m in a Series A round to expand its presence across the MENA region.

Neobank Rewire to add insurance offering

Israel-based neobank Rewire, which provides services for expatriate workers, has raised a $25m strategic investment that it said will allow it to develop insurance products.

Student banking app Mos lands $40m in Series B raise

Student banking solution Mos has raised $40m from a Series B funding round headed by Tiger Global.

Vivid money taps into the consumer banking revolution

Berlin-based FinTech startup Vivid Money has raised $114m in a Series C round, propelling the company to a valuation of $884m.

Online SMEs could save £19k a month in transaction fees through open banking

Research by Yolt has found that the adoption of open banking could save SME online retailers over £19,000 a month in transaction fees alone.

Emirates NBD and APIX join forces to drive innovation in Singapore

Emirates NBD, a banking group operating in the Middle East, North Africa and Turkey (MENAT) region, has partnered with FinTech collaboration platform APIX Singapore to further FinTech innovation.

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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