Tag: Banking

Unit hits $1.2bn valuation, which it claims makes it the first banking-as-a-service platform to reach unicorn status.

DRUID, an end-to-end platform for chatbots, has scored $15m in funding to support its international expansion efforts.

Standard Chartered Bank is the latest financial institution to join the Metaverse, buying a plot of land on The Sandbox.

Stem, which is helping musicians improve their financial stability with new tools, has closed a fresh $20m funding round.

Neo bank Monument Bank has partnered with Persistent Systems to build a cloud-native digital banking platform for lending and deposit services to support Monument’s operations.

Real-time finance and accounting platform Digits has closed its Series C round on $65m, which brings its valuation to $565m.

Jeeves, an all-in-one corporate card and expense management platform, has reached a $2.1bn valuation after the close of its Series C on $180m.

Dave, a banking app that aims to democratise the financial ecosystem, has bagged $100m as part of a new strategic partnership with West Realm Shires Services, which owns FTX US.

ClearBank, a next-generation clearing and embedded banking platform in the UK, has secured a ?175m equity investment.

Unbanked, a global neo-bank build on the blockchain, has had a flying start to its crowdfunding campaign, having already surpassed its target by 5,465%.