Banking Infrastructure

NCR Corporation, a renowned enterprise technology provider, has announced its strategic investment in Clip Money Inc., a trailblazing firm in the business cash deposit domain.

Zazu is looking to raise ?150,000 through an equity crowdfunding campaign on Seedrs, as it prepares to launch its new digital-only bank in Africa.

NayaOne, a company at the forefront of FinTech innovation, has successfully secured $4.7m in funding.

Global issuer processors Paymentology and Tutuka are merging to create the first global issuer-processor that will cover 49 countries worldwide.

FinTech startup MFast raised $1.5m in a pre-series A funding led by Do Ventures.

Challenger banks and InsurTech ventures stood out among the 23 FinTech companies that successfully raised money last week.

British payment and digital banking technology venture Pannovate has partnered up with Salt Edge, the customer authentication company, to provide clients with a smooth way of launching regulatory compliant banking and payment services.

Workplace savings FinTech Cushon has secures £35m from a funding round and has closed its acquisition of auto-enrolment firm Creative.

One of Ireland’s Big Four banks has picked cloud banking system company nCino to provide its new bank operating system.

FlapKap, a tech-enabled revenue-based financing platform aiming to revolutionise ecommerce growth, has bagged $3.6m in a seed round.