Banking Infrastructure

Neobank Nemo reportedly nabs funding from Mumbai Angels to empower Indian SMEs

Early-stage investors’ platform Mumbai Angels Network has reportedly invested an undisclosed amount in cloud-based neobank Nemo.

Clara eyes LatAm expansion following $30m Series A

Mexican card and spend management company Clara has closed a $30m Series A round led by DST Global Partners.

Sidekick Partners and Scribd founder back LemonEdge in $2.5m round

London-based FinTech startup that helps firms in the private equity and financial services industries digitise complex accounting LemonEdge landed $2.5m in new capital.

Lydia teams with Cashbee to establish savings accounts offering

French mobile payments company Lydia has partnered with compatriot FinTech Cashbee to add saving accounts to its platform.

Wealth Dynamix joins Mayor’s International Business Programme to support international growth

Client lifecycle management solution developer Wealth Dynamix has joined the latest accelerator cohort of the Mayor’s International Business Programme.

Nium said to raise $80.4m for its ongoing Series D

Financial infrastructure platform Nium has reportedly secured $80.4m in its ongoing Series D round.

Finance concierge startup Zeni banks $34m to help firms manage finances in real-time

Silicon Valley AI-powered finance concierge startup Zeni raised $34m in Series B funding after witnessing a 550% revenue growth year-over-year.

Digital wallets to drive £11bn in online spending by 2026

A recent report by payment service provider Emerchantpay has discovered digital wallets will account for £11bn in online consumer spending by 2026.

BNPL market gets new big player as Mastercard launches Installments

Mastercard has entered the buy now, pay later (BNPL) market after it unveiled flexible payment platform Installments in the US, the UK and Australia.

Asian market consolidation on the mind of XanPool as it nets $27m Series A

Payment infrastructure builder XanPool has raised $27m from a Series A funding round led by Valar Ventures.

News Stories

How to identify the best ESRS solution for you

How to identify the best ESRS solution for you

The European Sustainability Reporting Standards (ESRS), which came into effect at the start of the year, brings significant changes to Environment, Social and Governance (ESG) related reports. The regulation brings new reporting requirements that can easily become complex if not using the right tools. The question is, what are the hallmarks of a good ESRS tool?
SAVR secures strategic backing from Incore Invest to enhance Nordic investment platforms

SAVR secures strategic backing from Incore Invest to enhance Nordic investment platforms

Incore Invest, a European investment firm known for supporting emerging FinTech ventures, has increased its investment in SAVR, a trailblazing FinTech company based in Sweden.
CUBE

CUBE bolsters regulatory expertise through Reg-Room acquisition

CUBE has announced its acquisition of Reg-Room, a prominent regulatory intelligence provider catering to the financial services sector.
Apis Growth Fund I celebrates successful exit from PayTech Adumo

Apis Growth Fund I celebrates successful exit from PayTech Adumo

Apis Growth Fund I, a private equity fund managed by Apis Partners, a UK-based asset manager, will have fully exited its position in South African merchant acquirer Adumo following Adumo’s acquisition by South African FinTech Lesaka Technologies, announced yesterday.
Numeric secures $10m in Seed funding to revolutionise accounting automation

Numeric secures $10m in Seed funding to revolutionise accounting automation

Numeric, an AI-powered accounting automation firm based in San Francisco and New York, has successfully secured $10m in a Seed funding round.

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