Banking Infrastructure

Mastercard, Billetera team to provide digital payments in DR Congo

Payments giant Mastercard has collaborated with Billetera to offer digital payments to consumers in the Democratic Republic of Congo (DRC).

Novus to launch beta banking app as it prepares for summer roll-out

UK-based banking company Novus is due to launch its beta banking app in the coming weeks before introducing the product to the wider public in summer 2021.

Virginia VC closes seed, pre-seed fund to support LatAm FinTechs

Virginia-based venture capital enterprise Qed Investors has concluded a $12m network-driven fund to bolster seed and pre-seed FinTech companies in Latin America.

More vigorous action needed on money laundering, BaFin tells Deutsche Bank

German financial regulator BaFin has told banking giant Deutsche Bank it needs to introduce stronger action on money laundering.

Bill.com acquires spend management company Divvy in $2.5bn deal

Cloud-based financial operations management platform Bill.com has acquired spend management unicorn Divvy in a $2.5bn deal.

InvestCloud acquires Advicent to help bridge the advisor-client communication gap

Cloud-based financial solutions developer InvestCloud has acquired Advicent, a provider of cash flow, trust and tax financial planning.

AI chatbot developer Ada joins the unicorn club after Series C close

Automated customer experience software developer Ada has netted $130m in its Series C round, which puts its valuation at $1.2bn.

Railz reels in $12m to help FinTechs access financial data

Canada-based API developer that enables financial institutions and FinTechs to get real-time access to their customers’ accounting data Railz raked in $12m in Series A funding.

Visa-backed Railsbank teams up with Plaid for embedded finance

Banking-as-a-Service platform Railsbank and Plaid have joined forces enabling companies in the UK to instantly accept bank payments within their app or website.

Visa, Tala partner to bolster crypto adoption in emerging markets

Visa has partnered with Santa Monica-based FinTech startup Tala to offer easier access to cryptocurrencies for people in emerging markets.

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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