Particeep scores minority investment from Truffle Capital and Sopra Steria
Particeep, a SaaS distribution platform for financial products and services, has scored an investment from Truffle Capital and Sopra Steria.
IKEA forays into banking sector with a 49% stake in Ikano Bank
Expanding its business into other areas, Swedish furniture giant IKEA has entered the banking space by acquiring a 49% stake in Ikano Bank.
What do these 36 FinTech rounds raised in the last week reveal about the...
WealthTech and cybersecurity enterprises were among the FinTech businesses that closed investment rounds in the last seven days. Companies operating in the WealthTech, cybersecurity, RegTech,...
Purpose Financial receives investment from Allianz
Purpose Financial, which claims to be building the next generation of banking technology, has secured funding from the investment division of Allianz Group.
Prepaid Technologies snares $96m from Edison Partners-led growth round
Prepaid digital payment solution provider Prepaid Technologies has secured $96m in new growth financing.
Swedish neobank Northmill raises $30.1m investment round
Swedish challenger bank Northmill has secured $30.1m in a new funding round led by investor M2 Asset Management.
Neobank illimity records €31m in net profits for 2020
Italian challenger bank illimity ended 2020 with €31m in net profit, up from €16m in losses in 2019.
NYMBUS scores $53m in its funding round
NYMBUS, which develops banking technology, has raised $53m in its funding round to support its rising demand.
Mesh Payments said to raise $13m in funding round
Mesh Payments, which claims to be transforming corporate payments, has reportedly scored $13m in funding.
Can banks beat neobanks at their own game?
Challenger banks have spent the better part of the last decade turning the banking world on its head, but is there a way for incumbents to bridge the technology divide?
© FinTech Global © Copyright 2024. All rights reserved.
