Banking Infrastructure

Synctera, a leading provider of banking-as-a-service (BaaS) and embedded finance solutions, has secured $15m in fresh funding.

Alkami, a U.S.-based provider of cloud-based digital banking solutions for financial institutions, has announced the pricing of a $300m convertible senior notes offering.

Moderne, a company specialising in automated code refactoring and analysis, has secured $30m in a Series B funding round.

Zeta, a next-generation banking technology provider serving financial institutions worldwide, has secured a $50m strategic investment.

Shawbrook Bank, a UK-based specialist bank offering tailored financial solutions, has significantly reduced its mortgage product switch time through a partnership with AND Digital, a digital transformation consultancy focused on enhancing organisational technology capabilities.

FirstRand Group, one of Africa’s largest financial institutions, has partnered with Fiserv, a leading global provider of financial services technology, to accelerate its digital transformation.

Enable Banking, a provider of open banking infrastructure, has partnered with Qred Bank, a specialist in fast and flexible financing solutions for entrepreneurs.

Crowded, a financial management platform designed to support nonprofits, has secured $7.5m in a Series A funding round, bringing its total funding to $13.5m.

Swan, a Paris-based FinTech specialising in embedded banking, has raised €42m in a Series B funding round.

10x Banking, a cloud-native core banking platform, and DLT Apps, a leader in innovative data migration solutions, have announced a partnership aimed at transforming data migration processes for financial institutions.