Online Banking

Bitwala bags €4m to support launch of banking app later in the year

Blockchain-based bank account Bitwala has bagged €4m in funding to support the launch of its platform.

Open banking solution Yapily secures $5.4m in seed

Yapily, which builds APIs connecting banks with other providers, has secured $5.4m in its Seed funding round.

Swedish unicorn Klarna becomes valued at $5.5bn after raising a $460m equity round

Klarna, the payment and banking company, has raised $460m in a new equity funding round, which has pushed its valuation past the $5.5bn mark and makes it Europe’s largest FinTech enterprise.

The UK’s newest neobank Alba picks Temenos’ tech to be the backbone of its...

Alba is a new UK-based challenger bank that is looking to launch in 2020. As part of its push, it has now teamed up with banking software company Temenos.

Tide raises £44.1m in a first-round of Series B funding

UK-based digital business banking platform Tide has raised £44.1m in a first-round of Series B funding.

Most Brits would rather go online than into a physical branch for their banking

Marqeta, the global modern card issuing platform, has revealed that 72% of Britons do most of their banking online and 77% would even consider switching to a digital-only bank.

TSB Bank to close 86 branches and fire 400 people as it invests in...

Edinburgh-headquartered TSB Bank will sack up to 400 people and close 86 branches across the UK as the lender also announced new tech investments.

How to become a successful digital payments company in LatAm

To become a successful payments FinTech in Latin America, it heavily relies on the ability to support local transaction options, according to Simon Davies, the managing director of EBANX in the United Kingdom.

Revolut taps Flagstone for the launch of its new feature enabling customers to earn...

UK challenger bank Revolut has unveiled a new feature. However, its only available for its UK metal customers.

Revolut hijacked a Monzo Twitter thread and things got weird really fast

When Monzo asked its Twitter followers what feature they would like to add, Revolut replied, “Auto-switch to Revolut button.” Then all hell broke loose.

News Stories

Boosting identity-based security, Elisity raises $37m from Insight Partners

Boosting identity-based security, Elisity raises $37m from Insight Partners

Elisity, a leading pioneer in identity-based microsegmentation, announced a significant financial boost with a $37m Series B funding round led by global software investor...
Blend Labs secures $150m from Haveli Investments to boost financial service innovations

Blend Labs secures $150m from Haveli Investments to boost financial service innovations

Blend Labs, known for its cloud banking services, and Haveli Investments, a technology-focused private equity firm, have announced a strategic partnership marked by a significant $150m investment in Blend by Haveli.
Corelight bags $150m in Series E funding to boost AI security innovations

Corelight bags $150m in Series E funding to boost AI security innovations

Corelight, a prominent player in open network detection and response (NDR) headquartered in San Francisco, recently secured a substantial $150m in Series E funding.
Backflip secures $15m in Series A to redefine real estate FinTech

Backflip secures $15m in Series A to redefine real estate FinTech

Backflip, an all-encompassing real estate and financial technology platform, has closed a $15m Series A funding round, spearheaded by FirstMark Capital, known for their early investment in other category-defining platforms like Airbnb, Shopify, and Pinterest.
Navigating corporate reporting: How CSRD is changing the game

Majority of companies not subject to CSRD still plan to align with its requirements

The majority (81%) of companies not subject to the European Union’s Corporate Sustainability Reporting Directive (CSRD) intend to partially or fully align their sustainability...

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week