25% of UK merchants predict open banking to be main payment method in 5...
One in four UK merchants predict open banking to become the most popular payment method by customers in the next five years, according to a report from Nuapay.
Canada’s Neo Financial hits unicorn status in just 3 years
Canadian FinTech Neo Financial, has reached the $1bn valuation milestone, after the close of its Series C round on $185m.
New UK green neobank Tred exceeds crowdfund target
UK-based green neobank Tred has reached the £600,000 target for its crowdfunding campaign, with 28 days still left on the sale.
Unit becomes first banking-as-a-service provider to reach unicorn status
Unit hits $1.2bn valuation, which it claims makes it the first banking-as-a-service platform to reach unicorn status.
Yapily to acquire finAPI for open banking ambitions
Yapily, an open banking payment platform, has signed an agreement with SCHUFA to acquire finAPI, a provider of open banking solutions in Germany.
FinTech SaaScada bags £2.5m seed funding
UK-based core banking platform provider SaaScada has pulled in £2.5m in seed funding as it looks to accelerate growth.
Ondo Finance pulls in $20m for its DeFi vision
Ondo Finance, which is building a decentralised investment bank, has raised $20m in Series A funding to accelerate the adoption of DeFi among mainstream investors.
Cogni collects $23m to bridge the gap between Web2 and Web3
Cogni, digital banking platform aimed at enhancing consumer lifestyles, has raised $23m in Series A funding.
Rabobank launches CO2 emissions insight tool for customers
Netherlands-based Rabobank has launched Carbon Insights, empowering customers to monitor the impact their purchases have on the climate.
Standard Chartered Bank latest bank in the Metaverse
Standard Chartered Bank is the latest financial institution to join the Metaverse, buying a plot of land on The Sandbox.
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