Banking Infrastructure

Bangalore-based neobank Open has launched a no-code embedded finance platform called Zwitch, according to a report by FinTech Futures. Zwitch handles the banking partnerships, compliance...

Stockholm-based open banking platform Tink has partnered with sustainability-as-a-service provider ecolytiq to provide banks, financial institutions and FinTechs with green banking solutions. The partnership will...

Thought Machine, a cloud native core banking technology platform, has scored $200m in its Series C funding round.

UK FinTech firm Revolut is to acquire electronic point of sale (ePOS) software provider Nobly, to expand its solutions to serve the restaurant and...

Nigeria-based OnePipe, which builds APIs to help banks partner with FinTechs and digital services, has reportedly raised $3.5m in seed funding.

United Fintech, which enables banks and financial institutions to accelerate their digitalisation efforts, has acquired a 25% stake in London-based FairXchange for an undisclosed...

Vietnamese FinTech startup GIMO, which offers on-demand pay for blue-collar workers, has raised $1.9m in a seed+ round led by Singapore’s Integra Partners. The round...

Egypt-based Hollydesk has collected $325,000 in pre-seed funding, which makes it the first FinTech in the country aimed at managing SME expenses and accounts to raise capital.

Asilimia, which is building digital infrastructure to connect African MSMEs to the financial economy, has collected $2m in funding to support its growth.

A recent blogpost by WealthTech firm Kidbrooke has examined the key technological factors that ensure the flexibility of digital financial services.