Tag: Banking

Neobank Open becomes India’s 100th unicorn

Indian neobank Open has reportedly become the 100th unicorn in India, after it closed a Series D.

Banking app aimed at children WALO nabs $1.1m

Canadian FinTech company WALO has received a $1.1m investment from The Quebec government, among others.

JP Morgan enters the metaverse

JP Morgan has become the first bank to join the metaverse, opening a virtual room on Decentraland, a decentralised virtual world.

UK challenger bank Bank North ends crowdfunding

Bank North, a UK-based challenger bank, has closed its latest crowdfunding campaign on £2.2m, surging past its initial target of £1.3m.

Monzo launches to the US public

UK challenger bank giant Monzo has moved out of its closed beta and opened to all customers in the US.

Why banks need to embrace platform theory to survive

The financial services industry is in the middle of a seismic shift. In order for banks to remain successful, they will need to embrace platform theory.

India-based M2P Fintech scores Series C1 round

M2P Fintech, a financial infrastructure company based in India, has raised $56m in its Series C1 funding round.

Iroquois Federal, Nymbus tie the knot to launch newlyweds banking solution

Illinois-based financial institution Iroquois Federal and banking tech vendor Nymbus have teamed to launch a new banking brand for newly married couples.

Investing app Seashell launches from stealth after seed close

Seashell, which hope to create a consumer-first modern banking and investment platform, has launched from stealth after the closed of its seed round.

Digital bank Grasshopper raises $30.4m

Digital commercial bank Grasshopper has closed a $30.4m in a funding round, which brings its total capital raised to $160m.

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

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution