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.