Tag: Banking Innovation

National Bank of Iraq (NBI), a significant component of the Capital Bank Group, has partnered with Temenos, a Swiss-based software company that specializes in banking and finance software, serving a global clientele with innovative FinTech solutions.

Tuum, a leader in next-generation core banking technology, has recently announced a significant investment from Citi Ventures, the venture capital arm of the globally renowned Citigroup.

Quaint Oak Bank, a relationship-focused financial institution, and Finzly, a leader in modern payment systems, have embarked on a strategic partnership to revolutionize Quaint Oak's payment infrastructure and expand its embedded banking services.

Ozone API, the trailblazing open banking platform, has successfully secured a substantial £8.5m in Series A funding. This significant financial injection was spearheaded by Gresham House Ventures, renowned for its strategic investments in burgeoning software and technology-enabled enterprises.

Finshape, a vanguard in the FinTech solutions landscape, has proudly announced its strategic alliance with Arab National Bank (ANB), a seminal financial institution renowned for its innovative approach in Saudi Arabia.

10x Banking, a transformational player in the FinTech industry, has closed a fresh round of investment.

Backbase, a global leader in Engagement Banking, has entered into a strategic agreement to bolster Danske Bank's customer experience by implementing its unique offering. 

Kroo, a digital bank, has closed its crowdfunding round today, amassing a staggering £2,009,559.12. This figure more than doubles its initial target of £1m, demonstrating a strong public demand for better banking solutions.

Kroo, a fully licenced UK bank known for its digital banking services, surpassed its crowdfunding target, amassing over £1 million in investments.

Comviva has partnered with Gnosys Skill Bridge in a bid to advance digital banking and payment services in India and the Asia Pacific.