Banking Infrastructure

Education FinTech startup Financepeer has raised $31m in Series B funding to fuel its mission of bringing quality and accessible education across India.

MENA-based banking-as-a-service provider NymCard has closed a fresh funding round on $22.5m to support boost its presence in the region.

Neo bank Monument Bank has partnered with Persistent Systems to build a cloud-native digital banking platform for lending and deposit services to support Monument’s operations.

Railsr, an embedded finance FinTech formerly known as Railsbank, has raised $46m in Series C funding.

Backbase, which is on a mission to re-architect banking around the customer, has named Mark Appel as its new chief marketing officer.

OpenFin, the operating system (OS) enhancing enterprise productivity, today announced a major step forward with $35m Series D investment secured.

Finzly, a cutting-edge payments infrastructure provider for financial institutions, proudly reported the successful completion of its Series A funding round.

Worth AI, a pioneering FinTech Software as a Service (SaaS) startup, officially announced the launch of its groundbreaking artificial intelligence (AI)-powered risk management and underwriting platform today.

German banking platform solarisBank has raised €26.3m in a Series A funding round after just a year in business. Arvato Financial Solutions and Japanese banking firm SBI Group led the round.

Financial services and insurance service SaaS network provider Gainfully has secured a $2.5m financing round led by MassMutual Ventures.