Banking Infrastructure

Gen Z and Millennial spending share to grow 48% by 2030, Afterpay report finds

A quarterly report by the buy now, pay later (BNPL) business Afterpay has estimated that spending share by Millennials and Gen Z will grow to almost 50% by 2030.
TripActions-raises-$300m-SeriesG-funding-business-travel0expense-management

TripActions lands $300m Series G amid business travel resurgence

TripActions, an all-in-one travel, corporate card and expense management company, has raised $300m in Series G funding.

Financial software dev Savana collects $45m in Series A

Savana, which develops financial software for banks and FinTechs, has collected $45m in its Series A funding round.

Parpera launches crowdfunding campaign with $574,800 target

Australian banking FinTech Parpera is looking to raise AUD$800,000 ($574,800) on crowdfunding portal Equitise.

UniCredit hands €3.1m to Meniga

Meniga, a digital banking solutions provider, has landed a €3.1m investment from UniCredit.

Neobank FloBiz seeks expansion following Sequoia-led Series B

Flobiz, an Indian neobank for small-and-medium sized businesses in India, has secured $31m in funding from a Series B round.
Citi has revealed that it has become the first digital custodian participant of BondbloX Bond Exchange (BBX).

Citi to become first digital custodian on BondbloX Bond Exchange

Citi has revealed that it has become the first digital custodian participant of BondbloX Bond Exchange (BBX).

Cushon raises £26m from equity raise, credit facility to fuel further acquisitions

UK FinTech pension and savings provider Cushon has secured $26m from an equity raise and a credit facility.

Apple commits capital to empower underserved communities

Apple has committed $25m via the CNote platform, an Oakland-based FinTech, to support underserved communities across the country.
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Blackfin to sell stake in Finanzen to Eli Global

Blackfin Capital Partners have agreed to sell online marketplace for customer leads Finanzen to Eli Global.

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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