Ecospend and Contis team to widen bank-as-a-service product offering
Open banking platform Ecospend has partnered with banking-as-a-service (BaaS) provider Contis to offer a wide range of BaaS products to both its customers.
Digital bank Grasshopper raises $30.4m
Digital commercial bank Grasshopper has closed a $30.4m in a funding round, which brings its total capital raised to $160m.
How Covid-19 supercharged the growth of the digital remittance market
A new blogpost by Currencycloud has underlined how the coronavirus pandemic and the restrictions put in place due to it has led to the massive growth of digital remittances.
Sygnum secures Series B funding for digital asset economy
Sygnum, a digital asset technology group with a Swiss banking license and a Singapore asset management licence, has raised $90m in an oversubscribed Series B funding round.
Spenmo nets $34m to bolster business payment management service
Business payment management solution Spenmo has netted $34m in its Series A funding round.
Pine secures C$27m for Canadian homeowners
Canadian FinTech Pine, which wants to “reimagine the homeownership processâ€, has raised C$27m comprising of seed and Series A funding.
Trading Technologies International invests into KRM22
Professional trading software provider Trading Technologies International (TT) has invested $6.35m into KRM22, a software investment company that focuses on risk management for capital markets.
Virgin Money teams up with Expend to bolster business banking
Virgin Money has established a partnership with Expend enabling it to add expense management services to its business banking proposition.
Human capital platform Justworks goes public
Justworks, a cloud-based software platform that gives small and medium-sized businesses access to benefits, payroll, human resources, and compliance support, has launched its initial...
Nationwide hit with another payment outage
Nationwide Building Society has temporarily suspended inbound payments due to extremely high volumes of transactions on the first working day of the year, as revealed on Downdetector.