Banking Infrastructure

MFS Africa raises funds for its payments-without-borders vision

Digital payments network MFS Africa has raised $100m in Series C funding, marking another milestone in the company’s expansion.

Productfy collects Series A to expand its list of partnerships and integrations

Productfy, a banking as a service platform that offers embedded financial products, has raised $16m in its Series A funding round.

Accenture report reveals banking’s untapped potential

According to a recent report from global professional services company Accenture, banks could increase annual revenues by almost 4% by embracing innovative business models of digital-only banking and financial services.

QI Tech lands $50m Series A funding to better serve Latin America

Brazil-based QI Tech, a FinTech that provides a range of financial services through APIs, has raised $50m in Series A funding.

Accrue Savings reels in $4.7m from seed funding raise

Consumer savings platform Accrue has inked $4.7m from a seed funding round led by Twelve Below.

Freelancer-focused neobank Lili snares $55m in Series B round

New York-based neobank Lili has raised $55m from a Series B funding round led by Group 11.

FinLync hits $16m close of its latest funding round

FinLync, which claims to be transforming corporate finance and treasury offices, has closed its funding round on $16m.

Mercury Financial closes on warehouse facility in its financial inclusion mission

US-based financial inclusion technology company Mercury Financial has closed a $400m warehouse facility.

HoneyBook secures $250m Series E to advance offering to growing independent workforce

US-based financial management platform for independent service-based businesses Honeybook has raised $259m in Series E equity funding.

BNPL firm equipifi bags $3m seed to extend market footprint

Arizona-based buy now, pay later (BNPL) company equipifi has raised $3m from a seed funding round led by New Stack Ventures.

News Stories

Finastra and OpenFin partner to elevate Kondor with cutting-edge workspace technology

Finastra and OpenFin partner to elevate Kondor with cutting-edge workspace technology

Finastra, a global provider of financial software applications and marketplaces, has partnered with OpenFin, a leader in Chromium-based workspace technology for the financial industry.
Tyl by NatWest teams up with FSB to deliver cost-effective payment solutions for SMEs

Tyl by NatWest teams up with FSB to deliver cost-effective payment solutions for SMEs

Tyl by NatWest, a payment solutions provider known for its innovative technology and reliable service, has entered into a new partnership with the Federation of Small Businesses (FSB), a leading advocate for UK entrepreneurs and small businesses.
Topps Tiles partners with GoCardless to enhance Trade Pay service

Topps Tiles partners with GoCardless to enhance Trade Pay service

Topps Tiles, the UK’s leading tile specialist, has formed a strategic partnership with GoCardless, a prominent bank payments company, to enhance its Trade Pay service. This collaboration marks a significant step in Topps Tiles' efforts to deepen its engagement with the trade market.
SumUp secures record €1.5bn in one of Europe's largest private credit deals

SumUp secures record €1.5bn in one of Europe’s largest private credit deals

SumUp, a leading global FinTech company, recently raised €1.5bn from private credit lenders in a significant funding round led by Goldman Sachs. This transaction marks one of the largest European private credit deals in recent years.
Island's enterprise browser secures $175m in Series D, led by Coatue and Sequoia

Island’s enterprise browser secures $175m in Series D, led by Coatue and Sequoia

Island, the Dallas-based pioneer in enterprise browsers, today announced a significant boost to its financial standing and market position.

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