Online Banking

Monzo's expansion journey: Eyeing a $50m boost from Singapore's GIC

Monzo secures $430m from CapitalG and others, valuation hits $5bn

Monzo, the UK's largest digital bank, boasting over nine million customers, has closed a funding round, raising $430m.
Monzo eyes £4bn valuation in landmark funding round

Monzo eyes £4bn valuation in landmark funding round

Monzo is on the brink of securing a new funding round that could see the British digital bank's valuation soar to approximately £4bn.
Mexican neobank Hey Banco has revealed that it will become independent of its parent company Banregio by 2025.

Mexican neobank Hey Banco to split from Banregio by 2025

Mexican neobank Hey Banco has revealed that it will become independent of its parent company Banregio by 2025.
Dutch FinTech Finom raises €50m to bolster SME banking services

Dutch FinTech Finom raises €50m to bolster SME banking services

Finom, a challenger bank based in Europe and specifically tailored for SMEs and freelancers, has recently announced a substantial boost to its operations with a Series B equity funding round, raising a noteworthy €50m.
Tietoevry Banking and Butterfield launch eco-friendly credit cards in the Channel Islands

Tietoevry Banking and Butterfield launch eco-friendly credit cards in the Channel Islands

Tietoevry Banking, a leading provider of FinTech SaaS solutions based in the Nordics, has joined forces with Butterfield, an esteemed independent bank and trust company in Guernsey, to roll out innovative credit cards for the digital era.
Tietoevry Banking welcomes FinTech veteran Minna Smedsten as new CFO

Tietoevry Banking welcomes FinTech veteran Minna Smedsten as new CFO

Tietoevry Banking, a frontrunner in the Nordic financial SaaS solutions sector, has announced the appointment of Minna Smedsten as the new Chief Financial Officer...
UK firms embrace open banking for 150-hour annual savings

UK firms embrace open banking for 150-hour annual savings

UK enterprises are recognising significant yearly operational savings by integrating open banking into their systems, a recent survey has disclosed.
bunq eyes UK market post record €53.1m earnings

bunq eyes UK market post record €53.1m earnings

bunq, Europe's second-largest neobank, has reported a net profit of €53.1m for the year 2023.
i2c joins forces with the Bank of Missouri for next-gen digital banking solutions

i2c joins forces with the Bank of Missouri for next-gen digital banking solutions

i2c, a frontrunner in banking and payments solutions, has entered into a five-year partnership with The Bank of Missouri (TBOM).
FinTech leader Sygnum raises $40m, fortifying its position in digital asset banking

FinTech leader Sygnum raises $40m, fortifying its position in digital asset banking

Global digital asset banking group, Sygnum, has secured over $40m in what is termed the Strategic Growth Round.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

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