Banking Infrastructure

Oracle, a global leader in enterprise software solutions, has made a significant addition to its Oracle Banking Cloud Services portfolio.

Citi has revealed that it has become the first digital custodian participant of BondbloX Bond Exchange (BBX).

Citi has announced that it has sold Bridge, its online lending marketplace for SMEs, to Foro Holdings.

French FinTech Swan has secured €37m through its series B funding round as it looks to expand its Banking-as-a-Service (BaaS) technology across Europe.

Perfios, described as "India's leading B2B SaaS FinTech company", has made headlines with its latest funding announcement. The Bangalore-headquartered firm revealed its Series D funding round today, successfully raising $229m, all thanks to Kedaara Capital, a prominent private equity investor.

wamo, a prominent digital business account provider for SMEs, has declared its new alliance with Modulr, a renowned Banking-as-a-Service (BaaS) provider.

Embedded financial services are increasingly becoming the preferred choice for European consumers. The prime reason for this preference is the easier access to these services when compared to traditional banking institutions.

Anchor, a pioneering banking-as-a-service (BaaS) provider in Nigeria, has successfully secured significant financial backing.

BlinkPay, a pioneering name in the world of payments, is ready to alter the financial landscape in New Zealand by introducing open banking. This remarkable stride follows closely behind the UK's open banking sector's achievement, where it witnessed over 11m payments in July 2023.

Established as a vanguard in FinTech innovation, BankLabs has announced the launch of its new spin-out company, 'Participate'.