Banking Infrastructure

South African neobanks TymeBank and Discovery Bank have onboarded more customers during the Covid-19...

South African challenger banks TymeBank and Discovery Bank has reportedly thrived during the country's coronavirus lockdown.

Traditional banks to lose market share to neobanks according to new research

Challenger banks are about to grow the transactions conducted between businesses by 42% by 2022 and will take market shares from traditional vendors, according to new research from Juniper Research.

Citi makes strategic investment into Genesis to drive innovation

Genesis Global Technology has completed a strategic investment from Citi to support its innovation efforts for the Low-Code Application Platform (LCAP).

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.

Curve kicks off 2021 with a $95m Series C to help international expansion

Curve, which enables consumers to combine multiple cards and accounts into a single card and app, has collected $95m in its Series C round.

Earnix becomes the next FinTech unicorn

Earnix, which has built an AI-powered pricing and product personalisation platform for insurance and banking, has reached the highly coveted unicorn status.

Nigerian FinTech Appzone inks $10m to boost its core banking services

Nigeria-based software provider Appzone, which builds proprietary solutions for the continent’s banking and payments industries, closed a $10m Series A round.

Three ways FinTechs are leaning into PayTech innovation

In the wake of COVID-19, research suggests FinTech companies are experiencing a strong growth spurt giving them the opportunity to innovate like never before.

Freelancer-focused neobank Lili snares $55m in Series B round

New York-based neobank Lili has raised $55m from a Series B funding round led by Group 11.

Why the 46 FinTech rounds from last week are exciting for stock trading and...

With Trade Republic netting $900m and four startups earning the horn among 46 rounds, last week proved to be a great week in terms of FinTech investment, particularly for stock trading apps enterprises.

News Stories

Boosting identity-based security, Elisity raises $37m from Insight Partners

Boosting identity-based security, Elisity raises $37m from Insight Partners

Elisity, a leading pioneer in identity-based microsegmentation, announced a significant financial boost with a $37m Series B funding round led by global software investor...
Blend Labs secures $150m from Haveli Investments to boost financial service innovations

Blend Labs secures $150m from Haveli Investments to boost financial service innovations

Blend Labs, known for its cloud banking services, and Haveli Investments, a technology-focused private equity firm, have announced a strategic partnership marked by a significant $150m investment in Blend by Haveli.
Corelight bags $150m in Series E funding to boost AI security innovations

Corelight bags $150m in Series E funding to boost AI security innovations

Corelight, a prominent player in open network detection and response (NDR) headquartered in San Francisco, recently secured a substantial $150m in Series E funding.
Backflip secures $15m in Series A to redefine real estate FinTech

Backflip secures $15m in Series A to redefine real estate FinTech

Backflip, an all-encompassing real estate and financial technology platform, has closed a $15m Series A funding round, spearheaded by FirstMark Capital, known for their early investment in other category-defining platforms like Airbnb, Shopify, and Pinterest.
Navigating corporate reporting: How CSRD is changing the game

Majority of companies not subject to CSRD still plan to align with its requirements

The majority (81%) of companies not subject to the European Union’s Corporate Sustainability Reporting Directive (CSRD) intend to partially or fully align their sustainability...

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