Tag: Banking

Neobank Zolve raises $15m to ease financial services for migrants

Neo-banking fintech startup Zolve has raised $15m in a seed funding round to scale up its front-end banking solutions to migrants from India to the US, and across the world.

Mobile banking platform MoneyLion to lunch publicly after new merger deal

Mobile banking platform MoneyLion will launch publicly, following the merger with blank check company Fusion Acquisition.

AI-driven financial firm Personetics secures $75m from Warburg Pincus

US-Israeli data analytics firm Personetics raised $75m led by private equity firm Warburg Pincus, aiming to make financial customisation more accessible. Backed by investors such...

IKEA forays into banking sector with a 49% stake in Ikano...

Expanding its business into other areas, Swedish furniture giant IKEA has entered the banking space by acquiring a 49% stake in Ikano Bank.

Purpose Financial receives investment from Allianz

Purpose Financial, which claims to be building the next generation of banking technology, has secured funding from the investment division of Allianz Group.

NYMBUS scores $53m in its funding round

NYMBUS, which develops banking technology, has raised $53m in its funding round to support its rising demand.

Financial market infrastructure developer Axoni nabs $31m in its funding round

Financial market infrastructure platform Axoni has closed a $31m funding round from a wave of new strategic investors.

Latin American neobank Nubank more than doubles valuation to reach a...

Latin American challenger bank decacorn Nubank has reportedly more than doubled its valuation to reach an eye-watering $25bn.

Berlin-based WealthTech company Elinvar scores €25m in funding

Berlin-based Elinvar has netted €25m in a new funding round, which will help the WealthTech scale its multi-tenant platform.

Data-driven FinTech MX bags $300m in its Series C round, increasing...

MX, which empowers organisations to automate data-driven money experiences, has scored $300m in its Series C.

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