Banking Infrastructure

ECB consultation finds privacy is key in future digital euro

A consultation conducted by the European Central Bank found privacy would be valued most in consideration of a potential future digital euro.

Neobank for SMBs Hatch launches with $20m funding

Small business financial services platform Hatch launched its Business Checking product to solve the woes of small businesses in the US.

Nigerian FinTech Appzone inks $10m to boost its core banking services

Nigeria-based software provider Appzone, which builds proprietary solutions for the continent’s banking and payments industries, closed a $10m Series A round.

Y Combinator-backed financial data collaboration platform Abacum raises $7m

Real-time financial and operational data collaboration tool Abacum netted in $7m through a seed round funding led by Creandum alongside existing investors Y combinator and PROFounders.

Vybe bags $2.9m to launch teen challenger bank

French FinTech startup Vybe has raised $2.9m from a funding round to build a challenger bank service for teenagers.

Florida regulator seeks financial services modernisation reform

A top financial regulator from Florida is hoping to modernize the state’s policy stance on cryptocurrencies, banking and securities to become more competitive.

Ramp lands $1.6bn valuation after fresh funding from Stripe, Goldman Sachs

Business card and expense management startup Ramp raised $115m at a valuation of $1.6bn, making it the latest entry in the growing list of unicorns this week.

Nationwide unveils new bank cards for the blind

Nationwide Building Society has started issuing ‘dot and notch’ embossed and recycled bank cards for its blind customers.

The 22 FinTech rounds from the last week you must know about

After the Easter long weekend, our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what’s happening in the industry.

Andreessen Horowitz leads Israeli Saas platform Capitolis’ $90m round

Israel-based Capitolis, whose SaaS platform enables financial institutions to optimise their resources, closed a $90m Series C funding round led by Andreesen Horowitz’s a16z.

News Stories

Plum, one of India’s leading InsurTech platforms, has launched Plum Perks, a comprehensively curated suite for healthcare and wellness benefits for employees.

Plum launches suite to provide comprehensive healthcare benefits for employees

Plum, one of India’s leading InsurTech platforms, has launched Plum Perks, a comprehensively curated suite for healthcare and wellness benefits for employees.
One Inc, the leading digital payments network for the insurance industry, has announced that Selective Insurance, a prominent business, home, and auto insurer, has selected its ClaimsPay® digital payment solution.

Selective Insurance and One Inc partner to revolutionise claims payment process

One Inc, the leading digital payments network for the insurance industry, has announced that Selective Insurance, a prominent business, home, and auto insurer, has selected its ClaimsPay® digital payment solution.
Cytora, the leading digital risk processing platform, has partnered with Gamma Risk to help insurers map out commercial property risk assessment.

Cytora and Gamma Risk partner to enhance commercial property risk evaluation for insurers

Cytora, the leading digital risk processing platform, has partnered with Gamma Risk to help insurers map out commercial property risk assessment.

Mintos expands into Czechia to bring diverse options into market

Mintos, a leading multi-asset investment platform, has officially launched in Czechia, marking another milestone in its European expansion.
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...

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