Banking Infrastructure

Aspire scores $158m in its Series B round

Aspire, a platform designed to help a business with all their financial needs, has reportedly collected $158m in Series B funding. The round was led...

BaaS platform Swan inks $16m funding to extend global footprint

Banking-as-a-service (BaaS) platform Swan has snared $16m in equity funding from venture capital firm Accel.

Complicated processes thwarting consumers from switching pension providers

A recent study by online pension provider PensionBee has found that convoluted processes and putting people off switching pension providers.

Singapore and Malaysia foster financial synergies with payments linkage

Singapore and Malaysia are set to begin a phased linkage of their two payment systems to support faster transactions between the two countries.

Oy! Indonesia rakes in $30m from SoftBank-led Series A

Payments aggregator Oy! Indonesia has secured $30m from a Series A funding round led by investment juggernaut SoftBank.

Ocrolus reels in $80m from QED Investors-backed Series C

Ocrolus has secured $80m in a Series C funding round led by Fin VC to help the firm scale its financial services document automation solution.

80% of B2B transactions anticipated to be digital by 2025

A recent study by PYMNTS has projected that up to 80% of all business-to-business transactions could be conducted digitally by 2025.

Deutsche Bank set to snap up Better Payment to widen PayTech market share

Deutsche Bank is to acquire payment service provider Better Payment with the aim of expanding its market share in payment processing and acceptance.

Zip extends global reach into India with ZestMoney investment

Australian buy now, pay later (BNPL) company Zip has invested $50m into Indian BNPL firm ZestMoney to expand its global grip on the payment market.

Q2 Holdings, Plaid partner to simplify bank account connection services for customers

Q2 Holdings has launched a strategic partnership with open banking platform Plaid to offer customers a secure way to connect accounts to apps and services.

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week