Banking Infrastructure

Weavr closes $4m in its seed funding round

Embedded banking software developer Weavr has closed its seed round on $4m, as it launches its first suite of tools aimed at the services sector.

Productfy said to close seed round on $2.35m to support its financial application development...

Productfy, which empowers companies to build secure financial applications, has reportedly raised $2.35m in its seed round.

LHV Banking Services launches new full banking service

Payment infrastructure provider LHV Banking Services has announced the launch of its new full agency banking services to clients and the wider payments industry.

FinTech philanthropy platform Amicus.io secures $8.7m in funding

Amicus.io, which claims to be the FinTech for philanthropy, has ended its Series B round on $8.7m, to support the launch of its DAF 2.0 platform.

Griffin secures $6.5m in funding as it works towards its banking license

Banking-as-a-service provider Griffin secures $6.5m in a funding round that was led by EQT Ventures.

Incuto bags £1.75m in funding round to support its growth in the UK

Incuto, which aims to provide everyone with access to affordable finance, has closed a £1.75m funding round.

Banking API developer Railsbank rakes in $37m investment

Railsbank, a banking-as-a-service provider, has scored $37m in its funding round to support the growth of its product suite.

Currencycloud invests £1.5m into its long-term remote working strategy

Currencycloud, an embedded cross-border solutions platform for financial services, is investing £1.5m into its new remote-first working strategy.

Tink names new chairman as Sweden enjoys wave of FinTech success stories

Open banking company Tink has announced Klaus Holse as its new chairman of the board just as Sweden enjoys a surge of FinTech success...

Deloitte study claims just 34% of banks have implemented digital account opening

A new study from Deloitte claims that 34% of banks have implemented digital account opening as a result of the coronavirus pandemic.
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TerraPay partners with Swift to enable seamless account-to-wallet global payments

TerraPay partners with Swift to enable seamless account-to-wallet global payments

TerraPay, a prominent FinTech company, has announced a new capability for financial institutions to directly send money to over 2.1 billion mobile wallets globally via their existing Swift network.
Financial services firm Strive raises $30m in Series B round

Financial services firm Strive raises $30m in Series B round

Strive Enterprises, a financial services company with a focus on asset management, has successfully raised $30m in a Series B funding round.
Global banks to benefit from Finastra and CredAble's integrated supply chain finance platform

Global banks to benefit from Finastra and CredAble’s integrated supply chain finance platform

Finastra, a leader in financial software applications and marketplaces, has teamed up with CredAble, a specialist in working capital finance solutions.
GoCardless integrates with OMS for faster, more efficient broker payments

GoCardless integrates with OMS for faster, more efficient broker payments

GoCardless, a leader in bank payment processing, has announced a strategic partnership with OMS, a comprehensive platform that streamlines the mortgage process for brokers...
Featurespace and OrboGraph unite to combat rising check fraud with advanced analytics

Featurespace and OrboGraph unite to combat rising check fraud with advanced analytics

Featurespace, a global fraud and financial crime prevention firm, has entered into a strategic partnership with OrboGraph, a leading provider of check processing automation and fraud detection software and services.
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