Vietnamese FinTech Timo taps Mambu to push brand expansion
Ho Chi Minh-based digital bank Timo has teamed with software-as-a-service banking platform Mambu to scale its business.
Banking startup Kernolab inks $1m in pre-seed funding
Lithuanian FinTech Kernolab has raised $1m in a pre-seed funding round headed by venture capital firm Lighthouse Ventures.
Personal finance specialist NerdWallet files for an IPO
NerdWallet, a provider of financial guidance to consumers through a range of different tools, is set to go public after it filed an IPO.
Lending platform Validus inks deal to buy PayTech KlearCard
Singaporean peer-to-peer (P2P) lending platform Validus has acquired business payments and expense management technology platform Klearcard in an undisclosed deal.
BankFi, The Co-operative Bank partner to give SMEs better banking experiences
BankFi, a technology platform that can be integrated with existing infrastructure to give access to banking services, has received funding alongside a partnership with The Co-operative Bank.
Ecospend and Contis team to widen bank-as-a-service product offering
Open banking platform Ecospend has partnered with banking-as-a-service (BaaS) provider Contis to offer a wide range of BaaS products to both its customers.
How Ayoconnect intends to ‘bank the unbanked’ in Indonesia
Southeast Asian open finance platform Ayoconnect has closed a $15m Series B funding round led by Tiger Global.
Marlette secures $225m for Best Egg financial platform
Best Egg, the machine learning-powered, online credit and financial wellness platform that is owned and operated by Marlette Holdings, has secured $225m in Series E funding.
FIs lose up to 50% of revenue for poor cloud connectivity
Financial institutions have a “resilience paradox” that is costing them up to 50% of their revenue, according to a study from global infrastructure and connectivity provider BSO.
Frost gears up for growth with £1.1m funding
Frost, an e-money institution helping people take back control over their finances, has raised a total £1.1m in funding and named Andrew Jennings as CSO.
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