Banking Infrastructure

Digital banking solution Alkami Technology closes $140m in funding

Cloud-based digital banking solutions provider Alkami Technology has scored $140m in a funding round led by D1 Capital Partners.

Tink names new chairman as Sweden enjoys wave of FinTech success stories

Open banking company Tink has announced Klaus Holse as its new chairman of the board just as Sweden enjoys a surge of FinTech success...

French FinTech company TagPay bags €25m in new funding

France-based TagPay, which offers a open core banking system for financial service providers, has collected €25m in its latest funding round.

Neobank illimity records €31m in net profits for 2020

Italian challenger bank illimity ended 2020 with €31m in net profit, up from €16m in losses in 2019.

What Dataminr’s $475m round among the 33 investments in the FinTech sector last week...

Out of the 33 FinTech funding rounds we reported on last week, cybersecurity companies and cryptocurrency-based enterprises were the clear winners.

Brex valued at $7.4bn after Tiger Global-led $425m round

Corporate spend management firm Brex raised $425m in Series D funding, doubling its private valuation from a year ago at more than $7.4 bn.

InvestCloud acquires Advicent to help bridge the advisor-client communication gap

Cloud-based financial solutions developer InvestCloud has acquired Advicent, a provider of cash flow, trust and tax financial planning.

Uncapped lands $80m from Spotify investor Lakestar to offer startups wider banking services

UK-based startup which provides funding to startups without taking equity Uncapped raised an $80m funding round to launch a suite of banking services tailored for tech-driven companies.

Truebill hauls in $45m to develop its personal finance app

Personal finance app provider Truebill raised $45m in Series D funding giving it a valuation of $500m.

SIMON unveils Nationwide as newest member of its InsurTech marketplace

SIMON Annuities and Insurance Services have added insurance and financial services business Nationwide as the newest carrier in its InsurTech Marketplace.

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

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