Banking Infrastructure

Electronic IDentification unveils digital solution to simplify onboarding process

Spanish identity software specialist Electronic IDentification (eID) has launched a new solution aimed at building any digital onboarding process within hours.

NatWest unveils carbon footprint feature aimed at tracking user climate impact

NatWest has launched a new carbon footprint tracking feature for its app users to help customers lower the climate impact of their spending.

FCA provides warnings to banks over money laundering failings

The Financial Conduct Authority (FCA) has issued warning letters to retail banks due to ongoing weaknesses and failings around their financial crime controls.

Banking quartet team to launch carbon offset marketplace

Natwest, the Canadian Imperial Bank of Commerce, ITAU and the National Australia Bank have joined forces to create a new marketplace for firms to buy and sell carbon offsets.

Lunar eyes accelerated digital banking roll-out following €210m Series D

Danish challenger bank Lunar has secured €210m from a Series D funding round led by Heartland.

Tide banking valued at $650m after snagging a $100m Series C round

UK business banking platform Tide has raised over $100m in Series C funding at a valuation of $650m led by Apax Digital, the growth equity team of Apax Partners.

ESMA slaps €408,000 penalty on derivatives firm due to EMIR data breaches

The European Securities and Markets Authority (ESMA) has fined DTCC Derivatives Repository for seven breaches of the European Market Infrastructure Regulation (EMIR).

What last week’s 31 FinTech investments means for the PayTech sector

Out of the 33 FinTech funding rounds we reported on last week, PayTech companies and lending enterprises were the clear winners.

India-based Kredent said to raise $1.3m in funding

FinTech solution developer Kredent has reportedly secured $1.3m in growth funding.

Weavr bags £7m funding to speed up internalisation, product development

Banking and payments software startup Weavr has secured £7m in a seed funding round led by VC firm Headline.

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.

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