Santander initiates cash management app roll-out in the UK
Santander has started the roll-out of its CashFlow Manager app for businesses in the UK market.
Accounting software provider FreshBooks joins unicorn herd after $130m fresh funding
FreshBooks, a Toronto-based cloud accounting software company focused on SMBs, secured $80.75m in a Series E round of funding, as well as $50m in debt financing.
Nymbus raises $3m hot off the heels of previous round
Digital banking technology developer Nymbus has raised a further $3m in funding, coming just months after it closed a $53m investment.
Finance concierge startup Zeni banks $34m to help firms manage finances in real-time
Silicon Valley AI-powered finance concierge startup Zeni raised $34m in Series B funding after witnessing a 550% revenue growth year-over-year.
Rapyd snares $300m Series E to accelerate growth and acquisitions
US payments network Rapyd has secured $300m from a Series E funding round led by Target Global.
Ritmo bags €13.8m seed funding to scale into new markets
Spanish FinTech firm Ritmo has raised €13.8m from a seed funding round led by JME Ventures.
TenureX scores seed funding to support its transformation of wire transfers
TenureX, a banking software developer, has closed its seed funding round on $5m to grow the size of its network.
Token driving UK open banking payments expansion, research finds
Market share statistics by CMA9 – the nine largest UK banks – has found open banking platform Token is driving the adoption of open banking payments in the country.
Goldman Sachs, Fiserv team to unveil B2B payments facility
US FinTech firm Fiserv and Goldman Sachs have introduced their first product offering from its ongoing strategic partnership.
VNLIFE nets $250m Series B to further digital banking ecosystem development
Vietnam-based VNLIFE Corporation Joint Stock Company, which is building a digital banking ecosystem, has scored $250m in its Series B round.