Banking Infrastructure

Subscription management company Minna Technologies has raised £14m in a Series B round to fund the development of its open banking technology.

MX, which empowers organisations to automate data-driven money experiences, has scored $300m in its Series C.

Curve, which enables consumers to combine multiple cards and accounts into a single card and app, has collected $95m in its Series C round.

Qatar-based FinTech company Cwallet has reportedly collected $220,000 in pre-seed capital to support product innovation.

Portugal's largest bank Caixa Geral de Depósitos has inked a partnership with Backbase to create new digital banking channels across all its business lines and achieve a seamless customer experience, starting with SME customers.

Globe Fintech Innovations, which operates the mobile wallet GCash, has received an investment to support the growth of financial inclusion.

Buy now pay later companies continued their winning streak last week as 25 FinTechs raised big rounds.

Gila, which provides financial services with digital customer services, has collected $78m in its Series C funding round.

Banking platform Mambu has topped up its coffers with a $134.43m round, firmly placing it in unicorn territory.

Banks are better at building apps than insurers, according to new research from digital transformation company Mobiquity.