nesto eyes staff, tech expansion following $76m Series B raise
Canadian mortgage comparison platform nesto has raised $76m from a Series B funding round.
EBA report examines operating model for digital and open banking readiness
The Euro Banking Association’s (EBA) Open Banking Working Group has published a report that explores an operating model for banks on their way to digital readiness.
Nium said to raise $80.4m for its ongoing Series D
Financial infrastructure platform Nium has reportedly secured $80.4m in its ongoing Series D round.
Revolut unveils earned wage platform to provide instant money access
UK FinTech firm Revolut is set to launch Payday, an earned wage access platform that will enable employees to track and have instant access to the money they have earned.
Why FinTechs are helping to democratise corporate remittance
A recent blogpost by Currencycloud has detailed how the FinTech sector is helping to level the playing field in the corporate remittance market.
European open banking report reveals huge growth potential for the sector
A report by open banking firm Yolt Technology Services (YTS) has found that up to 40% of banking customers across the continent are not currently using an open banking solution.
Mercury Financial closes on warehouse facility in its financial inclusion mission
US-based financial inclusion technology company Mercury Financial has closed a $400m warehouse facility.
Women of colour neobank gearing up for launch
GoWomen, a challenger neobank priding itself on being the first FinTech company for women of colour, is taking early sign ups ahead of its 2022 launch.
Neobank Kaleidofin bags $10m Series B
India-based neobank Kaleidofin has raked in $10m from a Series B headed by the Michael and Susan Dell Foundation.
Monneo and Kantox partner for banking-beyond-borders
Virtual IBAN and corporate account provider Monneo has partnered with Kantox to offer currency management automation on cross-border payments.