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.
HighRadius picks up $50m deal from Susquehanna Growth Equity
Integrated receivables software HighRadius Corporation has picked up $50m in its recent growth funding round from Susquehanna Growth Equity.
Versori lands $3.5m to fuel expansion of its data infrastructure platform
Data infrastructure solution provider, Versori, has secured $3.5m in a new investment round. The firm is recognised as a leader in its field, offering ground-breaking solutions for data management and workflow automation.
Bari Bank introduces credit and debit card for children
Italian digital bank Bari Bank has introduced a debit and credit card supplied with pre-set funds for children and teenagers.
Jay-Z-backed Ethos bolsters unicorn status with SoftBank investment
US life insurance firm Ethos has secured a $2.7bn valuation after a $100m investment from SoftBank Group.
Catch up on the 35 big FinTech funding rounds from the last week
Amidst the coronavirus crisis, many FinTech companies have still been able to raise big rounds. Here are 35 of the successful investment stories that...
Confidence in banks and bank branches remains high in the UK
A recent bi-annual study by Toluna has found that a majority of UK consumers still have strong confidence in banks and see bank branches as playing an important role.
Employee InsurTech Onsurity bags $16m in Series A raise
Indian employee benefits platform Onsurity has raised $16m from a Series A funding round led by Quona Capital and Nexus Venture Partners.
ClearScore unveils new Credit For Key Workers initiative
In a time when the UK relies on key workers to keep the country running, many of these professionals have seen the credit offerings available to them reduced, which is something ClearScore hopes to change with its new initiative.
Credit Mantri said to raise around $8m in new funding round
India-based Credit Mantri has reportedly collected INR 6 crore ($800,000) from IDG Ventures, Elevar Equity and Accion.