Silver Lake spinout Sumeru sets sights on $600m for second independent fundraise
Silver Lake spinout Sumeru Equity Partners has launched its second fundraise eyeing $600m since becoming independent of the tech investment major.
New IMF report lays down the risks of e-money becoming more popular than physical...
As e-money rises in popularity, a new International Monetary Fund (IMF) report has looked into the rise of cryptocurrencies, e-money and i-money like Facebook’s Libra and what the associated risks to the economy are.
Allied Irish Banks taps nCino to provide its new operating system
One of Ireland’s Big Four banks has picked cloud banking system company nCino to provide its new bank operating system.
CEO tells FinTech Global why Global Processing Services has unveiled plans to expand into...
Processing platform developer Global Processing Services (GPS) has announced that it will set up shop in the Asia-Pacific to power FinTech ventures in the region.
Backbase opens the doors to new Asia Pacific headquarters in Singapore
Amsterdam-based Backbase is going global. Having already opened a new office in Dubai in October, the banking software provider is strengthening its grip of the Asia Pacific (APAC) market.
FinTech unicorns and startups to face a coronavirus-created “vicious cycle” that could slash their...
The global COVID-19 outbreak could worsen business and funding conditions as well as changing private FinTechs’ exit options, according to a new report.
Awake Security nets $36m in new Series C round
Cybersecurity scaleup Awake Security has secured $36m in new investment to boost its product development and marketing efforts.
Minka has raised $3m to source more talent
Latin American FinTech Minka has enjoyed a $3m capital boost in a seed round led by The FinTech Collective. The news about the round comes after the region has enjoyed considerable growth in recent years.
Toronto-based FinTech XTM signs a deal with DCBank
Mobile banking technology provider XTM has signed a deal to help DCBank users get instantly activated and loaded prepaid Mastercards through a cash accepting kiosk.
Holvi cards suspended because of the Wirecard scandal
Holvi, the digital banking platform for freelancers, has become the latest FinTech firm to be swept up in the Wirecard scandal.
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