How ramping up tech acquisitions can help financial institutions beat neobanks in the banking...
The financial services industry is undergoing a paradigm shift. For financial institutions to stay relevant and keep pace with FinTechs, they must do "whatever it takes" to beat the tech startups, including acquiring them, Aquaa Partners CEO says.
Accounting software provider FreshBooks joins unicorn herd after $130m fresh funding
FreshBooks, a Toronto-based cloud accounting software company focused on SMBs, secured $80.75m in a Series E round of funding, as well as $50m in debt financing.
BillFront rebrands as Vane following funding
FinTech company BillFront has secured €50m in multi-currency asset-backed financing from Fasanara Capital, and rebranded as Vane.
Meet Payhawk, Bulgaria’s first unicorn
Payment and expense solution Payhawk has raised an additional $100m to extend its Series B round to $215m, propelling the company to a billion dollar valuation.
Nova Credit expands into Europe to serve migrant corridors
Nova Credit, a FinTech that says it is unlocking opportunities for those historically excluded from the credit system and companies looking to serve them, has expanded into Europe.
TIFIN scores $109m in its Series D
TIFIN, which leverages AI to offer personalised investor experiences, has closed its Series D on $109m.
Personio pulls in extra $200m
Personio, a European HR software company for small and medium-sized businesses, has raised an additional $200m in its Series E round.
Pogo secures $14.8m to empower consumers to benefit from their data
Pogo, a New York-based financial health app empowering consumers to harness their data for their own benefit, has raised $14.8m in funding.
© FinTech Global © Copyright 2024. All rights reserved.
