Tag: Banking

Wingspan, which claims to be the first payroll system purpose-built for flexible workers, has secured $14m in its Series A round.

Digital banking and payments firm Ibanera has raised $18.5m in a funding round to enable itself to keep support its BitLine business line.

Embedded finance platform Railsr has been purchased and re-capitalised by a consortium led by D Squared Capital.

UK FinTech giant Revolut has recorded its first full year of profitability, after it generated £100.3m adjusted EBITDA and £26.3m in profit for 2021.

Varo Bank, the first all-digital, nationally chartered consumer digital bank in the US, has named Wook Chung as its chief product officer.

Green Check Verified, a FinTech platform for the legal cannabis sector, has closed its Series A funding round on $6m.

The cost-of-living crisis is putting 37 million Brits at risk of financial distress, a report from Tink suggests banks need to offer them some support.

European open banking platform TrueLayer has teamed up with UK credit management app Incredible to support variable recurring payments (VRPs).

Digital banking platform Oxygen has secured $20m in its Series B funding round, which was led by return investors.

Egyptian FinTech platform MNT-Halan has secured $400m in funding, making it the largest investment in Egypt and the Middle East over the past 12 months.