Banking Infrastructure

B2B domestic payment transaction value to exceed $54trn in 2023

A study by Juniper Research has found the transaction value of business-to-business domestic payments across payment methods is expected to surpass $54trn in 2023.

Pagos collects $10m in seed funding

Pagos, which develops data and insight SaaS technology to improve payments infrastructure, has collected $10m in seed funding.

Fastest growing mobile banking personalisation platform Finotta collects seed round

Finotta, which claims to be the fastest-growing player within mobile banking personalisation, has scored $3m in seed funding.

Biggest ever equity crowdfund on Crowdcube sees FinTech Chip bag £11.5m

Digital savings account Chip has raised £11.5m in what is to date the biggest equity crowdfund held on investment crowdfunding platform Crowdcube.

Plum plucks $14m from Series A raise

UK FinTech startup Plum FinTech has brought in $14m from a Series A funding round headed by Ventura Capital and DMG Ventures.

How is the sustainability revolution changing the banking sector?

A recent blogpost by financial industry association Mobey Forum has examined how the movement to make finance more sustainable has changed the banking industry.

Nigerian FinTech Sparkle nets $3.1m seed to scale operations

Sparkle has secured $3.1m in seed funding to expand the reach of its mobile-first digital bank service.

Ilumoni unveils borrower wellbeing app following ?1.63m funding haul

Ilumoni has officially launched its borrower wellbeing app on iOS and Android devices after previously securing ?1.63m in investment since its founding.

B9 nets $5m seed funding to expand unbanked customer reach

FinTech startup B9 has secured $5m in seed capital and has doubled its year-end customer acquisition target.

European open banking report reveals huge growth potential for the sector

A report by open banking firm Yolt Technology Services (YTS) has found that up to 40% of banking customers across the continent are not currently using an open banking solution.

News Stories

EFRAG and IFRS Foundation collaborate to simplify sustainability reporting

The IFRS Foundation, in conjunction with the EFRAG, has released guidance aimed at facilitating the adoption of sustainability reporting.
IBM

IBM boosts ESG reporting capabilities with Envizi’s CSRD module launch

IBM has recently unveiled the latest advancements in its ESG data platform, IBM Envizi.
Sylvera

Sylvera launches new tool for enhanced carbon credit procurement

Sylvera has recently introduced an addition to its platform aimed at simplifying and expediting the process of filtering and comparing carbon projects.
Ushur, a leader in AI-powered Customer Experience Automation (CXA), has introduced a new self-service solution tailored for financial institutions to automate Know Your Customer (KYC) and paperless enrolment processes.

Ushur unveils AI-powered self-service solution for financial institutions

Ushur, a leader in AI-powered Customer Experience Automation (CXA), has introduced a new self-service solution tailored for financial institutions to automate Know Your Customer (KYC) and paperless enrolment processes.

Altruist hits $1.5bn valuation with $169m Series E fundraise

Altruist, a modern custodian tailored for RIAs, has recently announced a significant milestone in its funding journey.

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