Banking Infrastructure

What Dataminr’s $475m round among the 33 investments in the FinTech sector last week...

Out of the 33 FinTech funding rounds we reported on last week, cybersecurity companies and cryptocurrency-based enterprises were the clear winners.

Digital financing startup Drip Capital bags $40m warehouse credit line to facilitate trade finance

Sequoia-backed FinTech firm Drip Capital secured a $40m warehouse credit line from California-based East-West Bank to expand its trade finance solutions to small businesses.

Digital banking solutions provider Meniga closes ?10m investment

UK-based digital banking solution Meniga closed a ?10m investment round to boost and meet the escalating demand for its sustainable financial products.

Infrastructure platform V?rtx scores $35m in its Series B round

V?rtx, an infrastructure platform for the financial market, has scored $35m in its Series B round, which was led by FTV Capital.

Payment firm Airwallex closes a $100m Series D round at $2.6bn valuation

Melbourne-based cross-border FinTech Airwallex raised another $100m in an extension to its Series D round.

Plaid could be worth $15bn after a new $600m funding round

San Francisco-based FinTech Plaid, co-founded by Zach Perret and William Hockey, is raising $600m in new funding and will reportedly be valued at as much as $15bn, according to The Information.

Brim Financial rakes in $25m through Series B funding round

Canadian FinTech and certified credit card issuer Brim Financial secured $25m in a Series B round co-led by Desjardins Group and EPIC Ventures.

Genesis rakes in $45m for its Series B

Genesis, a low-code application platform for financial markets, has scored $45m in its Series B.

Alternative to business banking Zeller said to close $25m Series A round

Zeller, which offers an alternative to business banking, has reportedly revealed that it collected $25m in its Series A last year.

UK banks top the global list for boardroom technology experience, new report finds

British banks lead in boardroom technology experience compared to global competitors, Accenture research revealed.

News Stories

pKYC

Exploring the rapid advancements and future of pKYC in banking

pKYC, or proactive Know Your Customer, is an innovative approach that initiates real-time reviews as changes in a client's KYC profile are detected.
While the impact of last week's CrowdStrike outage is yet to be fully understood, it serves as an opportunity for C-suite and other business decision-makers to think through technology dependencies and the steps necessary to respond to this outage – as well as to mitigate related risks in future.

CrowdStrike outage: The key lessons

While the impact of last week's CrowdStrike outage is yet to be fully understood, it serves as an opportunity for C-suite and other business decision-makers to think through technology dependencies and the steps necessary to respond to this outage – as well as to mitigate related risks in future.

iDenfy unveils new automated utility bill verification to enhance KYC compliance

iDenfy, a Lithuania-based software provider, specializes in identity verification and fraud prevention. Established with a commitment to technological innovation, iDenfy recently announced its new...
Floodbase, a leading provider of flood analytics and data solutions, has announced the launch of its rapid flood response data product.

Floodbase launches rapid flood response data product for real-time disaster management

Floodbase, a leading provider of flood analytics and data solutions, has announced the launch of its rapid flood response data product.

Lithuanian lender Finbee Verslui raises €35m to fast-track business loans

Finbee Verslui, an alternative lender based in Lithuania, has successfully closed a funding round, securing a €35m investment.

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