Tag: Banking

Zopa on track to be fastest digital bank to reach profitability...

UK challenger bank Zopa has secured £220m in funding, as it edges closer to becoming profitable.

How is the sustainability revolution changing the banking sector?

A recent blogpost by financial industry association Mobey Forum has examined how the movement to make finance more sustainable has changed the banking industry.

Only one in five consumers feel their bank values them as...

Recent research by marketing firm Ello has found only one in five consumers believe that their bank values them as a customer.

Banking software developer finova launches from stealth alongside latest acquisition

Banking solution developer finova has acquired BEP, a cloud-based mortgage and savings software developer.

Over 100,000 banking jobs predicted to be lost in next five...

Wells Fargo managing director Mike Mayo has claimed he expects automation to eliminate over 100,000 banking jobs over the next five years.

Majority of bankers see customer experience, not products as future of...

A report published by Temenos has found four in five bankers believe financial institutions will look to discern themselves on customer experience rather than products or services.

FinTech-as-a-service platform Rize secures Series A funding

Rize, a self-stylised FinTech-as-a-service platform, has closed its Series A on $11.4m as it continues its mission of revisioning the financial world.

BaaS platform Swan inks $16m funding to extend global footprint

Banking-as-a-service (BaaS) platform Swan has snared $16m in equity funding from venture capital firm Accel.

Pakistan-based digital bank Tag nets $12m investment

Tag, a digital banking platform for consumers in Pakistan, has reportedly collected $12m in a funding round it claims to be the largest in seed round in the South Asian market.

Nuula raises $120m in funding comprised of debt and equity

Nuula, which helps companies manage their cashflow, has collected $120m in a funding round comprised of debt and equity.

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