TransUnion backs Bud’s open banking platform
Bud, an open banking and data intelligence leader, has secured funding from TransUnion to drive innovation and growth in open banking.
Groundbreaking startup Manifest secures $6m funding
Manifest, an innovative startup launched in 2022, is geared towards tackling the critical challenge of software supply chain transparency using a tool known as software bills of materials (SBOMs) with the close of a new funding round.
ASA clinches strategic investment from Travis Oliphant’s Quansight Initiate
ASA, an embedded FinTech platform that facilitates a secure and compliant connection between financial institutions and customer-facing FinTechs, has announced a new strategic partnership and investment.
QI Tech secures $200m Series B funding led by General Atlantic
QI Tech, a licensed FinTech and Direct Credit Company (SCD) endorsed by the Brazilian Central Bank, has recently made headlines with its latest funding...
Revolutionising finance: The rise of embedded finance in 2024
As we delve deeper into 2024, the embedded finance phenomenon continues to reshape the financial services sector. A Capgemini survey from 2021 revealed that over 70% of banking executives view embedded finance as a catalyst for innovation, customer base expansion, and cost reduction, predicting its market value to soar to $588bn by 2030 from $22bn in 2020. This trend positions embedded finance as a key strategic channel for banks.
TrueLayer bags $1.3m to let devs plug into banks
Connect Ventures led the round for the London-based startup with Graph Ventures and individual angel investors also participating.
Sumeru Enterprise reportedly closes $900k financing round
India-based Sumeru Enterprise Tiger Business Solutions has reportedly closed a $900,000 funding round.
Societe Generale buys banking-as-a-service platform Treezor
Societe Generale has purchased French banking-as-a-service platform Treezor as part of its ‘transform to grow’ strategy.
FintechOS closes Series A as it eyes expansion into South East Asia and US
FintechOS, which builds automated financial technology software solutions, has raised €12.7m ($14m) in Series A funding.
Plaid continues European expansion by launching in the Netherlands
Despite coronavirus putting uncertainty on a lot of businesses, open banking platform Plaid is launching operations in the Netherlands.