Banking Infrastructure

Vise plans to expand product footprint following $65m Series C

US AI-powered investment management platform Vise has raised $65m in a Series C funding round led by Ribbit Capital.

Goldman Sachs, Barclays back Amount in a $99m Series D at a $1bn+ valuation

Tech infrastructure provider for financial institutions Amount entered the unicorn club after it netted $99m in a Series D round.

Rabobank spin-off eyes expansion following Series A closure

A spin-off of Dutch bank Rabobank has closed its Series A funding round following investment from its parent company and cross border payments specialist OFX.

Neobank Nemo reportedly nabs funding from Mumbai Angels to empower Indian SMEs

Early-stage investors’ platform Mumbai Angels Network has reportedly invested an undisclosed amount in cloud-based neobank Nemo.

Tink bolsters open banking offering with FinTecSystems purchase

Swedish open banking startup Tink is set to acquire German firm FinTecSystems for an undisclosed amount.

Sequoia leads $5m round for Egyptian digital bank Telda

Egyptian digital banking startup Telda raised $5m in a pre-seed funding round led by VC giant Sequoia Capital, marking the region's largest pre-seed funding round.

Indonesia-based BukuKas said to close Series C just months after former round

Indonesia-based BukuKas has reportedly netted $50m Series B funding, which comes hot off the heels of the company’s former round.

HKMA underlines next steps in Open API Framework introduction

The Hong Kong Monetary Authority (HKMA) has revealed its implementation plan for the third and fourth phases of its Open API Framework.

Leading US banks to pilot low credit score credit scheme

Some of the biggest US banks have signed up for a government-supported pilot program aimed at using alternative data to provide credit for people with low or no credit score.

BaaS platform Omnio bags €30m as it vies for European expansion

UK banking-as-a-service (BaaS) company Omnio has raised €30m in funding in a round led by GrayBella Capital.

News Stories

The impact of loss run data on insurance operations and negotiations

The impact of loss run data on insurance operations and negotiations

In the realm of InsurTech, the ability to accurately assess risk, calculate premiums, and determine policy renewals hinges significantly on understanding historical losses. IntellectAI, which...
Klarna merges with Sofortüberweisung to boost global payment efficiency

Klarna merges with Sofortüberweisung to boost global payment efficiency

Klarna, the AI-powered global payment network and shopping assistant, has officially announced the merger of Sofortüberweisung into its service umbrella.
Heeler Security clinches $8.5m in seed funding to revolutionize application security

Heeler Security clinches $8.5m in seed funding to revolutionize application security

Heeler Security, a pioneering startup in the application security space, today announced the successful closing of an $8.5m Seed Series funding round. This significant financial...
Linx Security secures $33m to enhance identity security and governance

Linx Security secures $33m to enhance identity security and governance

Linx Security, a trailblazer in the field of identity security and governance, has officially come out of stealth mode, announcing a substantial $33m in...
AffiniPay secures strategic investment from Genstar Capital to bolster FinTech innovations

AffiniPay secures strategic investment from Genstar Capital to bolster FinTech innovations

AffiniPay, a leader in practice management software and integrated payments, announced a new investment chapter as Genstar Capital joins its roster of backers.

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