Infrastructure & Enterprise Software

Accounts payable software supplier AvidXchange is reportedly eyeing a private fundraise which could see the business valued at $2bn.

While Metro Bank is still struggling with the fallout from a massive accounting error that slashed millions from its value, the bank has announced a trio of FinTech partnerships.

Ripple is offering its blockchain technology through Finastra’s payment solutions to support faster cross-border payments.

Vista Equity Partners is reportedly looking to sell a minority stake in Finastra, a financial software developer.

ZEDRA, a trust, corporate, and fund services provider, has acquired accounting, tax compliance, payroll, and HR services Talenture.

FinTech firm Finastra has been picked by Seattle Bank to provide the new technological core of its banking services.

Cloud banking company nCino has raised $80m in a new funding round to keep improving its operating system.

The California-based subscription billing platform Recurly has closed a new funding round led by F-Prime Capital, the venture capital firm.

The Dutch challenger bank Bunq is not only announcing that it is going to be available across the EU, but also that it will from now on enable Apple Pay and Google Pay support for travel card users in some countries.

The UK branch of the Spanish bank Santander has enlisted the services of cloud-banking developer nCino to refresh some of its systems.