Banking Infrastructure

Savana, which develops financial software for banks and FinTechs, has collected $45m in its Series A funding round.

US FinTech GloriFi, which aims to empower its members to “put their money where their values are”, has entered into an agreement to become a publicly traded company through a merger with special purpose acquisition company (SPAC) DHC Acquisition Corp.

Leapfin, a financial data management solution, has closed its Series A funding round on $12.2m, which was led by Crosslink Capital.

Frontegg, a user management platform for B2B apps, has netted $40m in its Series B round, which was co-led by Stripes and Insight Partners.

FinLync, which helps connect global banking, has closed a strategic investment and partnership with Workday Ventures.

Low-code application development platform Genesis Global has received a $20m investment from Bank of America, BNY Mellon and Citi.

Banking software developers Temenos and Wipro have expanded their partnership to help banks of every size accelerate their modernisation journey.

Pogo, a New York-based financial health app empowering consumers to harness their data for their own benefit, has raised $14.8m in funding.

Neon, a FinTech and digital bank driven by the vision of improving the lives of working Brazilians, has raised $80m.

Mahalo Banking, which provides online and mobile banking solutions for credit unions, has raised $20m in funding.