Brazilian FinTech unicorn QI Tech raises fresh funds months after $200m Series B
QI Tech, a leading financial services infrastructure provider based in Brazil, has announced an extension to its Series B funding round, securing additional equity from current investor General Atlantic, a renowned global growth investor, along with Across Capital.
LMRKTS receives funding round from IFC and Motive Partners
LMRKTS has received an investment from World Bank Group member International Finance Corporation.
MCCCU partners with Fiserv, Celero to boost growth
Motor City Community Credit Union has partnered with Fiserv and Celero to help boost growth and new services.
GI partners acquires majority stake in Doxim
GI Partners has acquired a majority stake in Doxim, a customer engagement and content management company for financial services, from Strattam.
NDGIT collects €4m for Open Banking platform
NDGIT, which offers banks and insurers an Open Banking platform, has closed a €4m Series A funding round.
Mines raises $13m in its Series A round led by The Rise Fund
Mines, a digital platform designed to help financial institutions in emerging markets offer customers credit, has raised $13m in its Series A.
ScaleFactor raises $30m for Series B to support growth across US
ScaleFactor, a smart finance and automated accounting platform, has raised $30m for its Series B round.
American startup digital bank Zenus Bank now has a permit to operate as a...
Challenger bank Zenus Bank has been permitted to act as a bank, taking it one step closer to its stated goal of enabling remote banking access for people around the world.
Santander UK bins legacy systems and manual processes in favour of nCino’s banking system
The UK branch of the Spanish bank Santander has enlisted the services of cloud-banking developer nCino to refresh some of its systems.
Less than a fifth of banks use AI technology holistically
Despite nearly all commercial banks using AI, only 19% are using the technology holistically across the enterprise, according to a study from Genpact.
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