Tag: Banking

Nymbus raises $3m hot off the heels of previous round

Digital banking technology developer Nymbus has raised a further $3m in funding, coming just months after it closed a $53m investment.

VNLIFE nets $250m Series B to further digital banking ecosystem development

Vietnam-based VNLIFE Corporation Joint Stock Company, which is building a digital banking ecosystem, has scored $250m in its Series B round.

Weavr bags £7m funding to speed up internalisation, product development

Banking and payments software startup Weavr has secured £7m in a seed funding round led by VC firm Headline.

Study finds majority of SMEs want human-digital hybrid banking approach

A study by Cynergy Bank has found up to 78% of SMEs want the digital transformation of banking to be balanced with a human constituent to offer a hybrid approach.

Survey finds majority of financial sector favour hybrid work policy post-pandemic

A survey by Accenture has found almost three-quarters of financial sector workers in the UK would prefer a flexible working policy once the pandemic has come to an end.

Anthemis backs LGBTQ+ focused banking app Daylight

Daylight, a US-based digital banking platform aimed at supporting the LGBTQ+ community, has received an investment from Anthemis.

Report finds branch-based banking may become obsolete within five years

A report published by Temenos has found that 65% of global banking executives believe branch-based banking will be ‘dead’ within a five-year period.

Bari Bank introduces credit and debit card for children

Italian digital bank Bari Bank has introduced a debit and credit card supplied with pre-set funds for children and teenagers.

Finastra survey finds financial industry see bright future for BaaS

A survey by FinTech giant Finastra has found banking-as-a-service (BaaS) is set to make a substantial impact on financial services over the next 12 months.

bunq said to close €160m round upping its valuation to €1.65bn

Challenger bank Bunq has reportedly closed a €160m funding round, which puts its valuation at €1.65bn.

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