Capital on Tap launches credit card for small businesses in the US
European digital B2B lender Capital on Tap has partnered with WebBank to launch a business credit card for SMBs in the United States.
Automated money management platform M1 Finance scores $75m in Series D round
Chicago-based FinTech M1 Finance raised $75m in a Series D funding round led by tech investor Coatue.
Two-thirds of European firms feel let down by banking provider during pandemic
A survey by Parliament Street Think Tank has found up to 66% of SMEs feel they have been let down by their banking provider during the Covid-19 crisis.
TerraPay expands to USA and Canada to ease real-time cross-border payments
Digital payment provider TerraPay will now offer real-time bank payments in the USA and Canada to facilitate better cross border remittances.
Over half of Millennial, Gen Z Muslims open to adopting Islamic banking
A report by cloud banking platform Mambu has found more than half of young Muslims would adopt Islamic banking if it was more accessible.
Temenos partners with Canadian Western Bank to offer SMEs AI-driven digital banking solution
Banking software company Temenos teamed up with Canadian Western Bank to support SMEs with financial decision-making and scaling their businesses.
Mox bolsters banking offering with new BNPL service
Hong Kong virtual bank Mox has introduced a new buy now, pay later (BNPL) solution that can split purchase payments over a 36-month period.
Providence Equity Partners acquires Node4 from Bowmark Captial
UK-based private equity firm Bowmark Capital has sold its stake in IT infrastructure developer Node4 to US investor Providence Equity Partners.
Virgin Money partners with Life Moments to boost sustainability in banking
Financial services firm Virgin Money collaborated with FinTech data expert company, Life Moments, to focus on the development of the sustainability elements for its business banking customers.
Collateral Velocity partners with PMMC to ease payments for healthcare companies
Collateral Velocity, FinTech providing low-cost liquidity for healthcare organisations partnered with PMMC, financial firm for healthcare businesses.
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