Tag: digital banking
Tandem Bank’s green agenda gets £20m boost from Quilam Capital
Tandem Bank, a UK-based digital institution renowned for its sustainability focus, has recently secured £20m from Quilam Capital.
Next-gen corporate banking platform Fennech secures £2.3m
Fennech Financial, the innovative leader in the FinTech sector, has recently announced a successful investment round that brought in £2.3m.
Zopa Bank gears up for expansion with new CTO and COO
Zopa Bank, a digital banking powerhouse, has announced the appointment of Peter Donlon and Kate Erb as their new Chief Technology Officer (CTO) and Chief Operations Officer (COO) respectively.
Molten Ventures reduces Revolut valuation by 40%
Molten Ventures, a prominent venture capital firm, has marked down the value of its stake in the FinTech enterprise Revolut by 40%, according to a report from Finextra.
Young Brits champion digital banking trend over traditional branches
The new generation of UK bank users are turning away from traditional brick-and-mortar banks in favour of digital banking, leading a major shift across Europe.
Global digital banking group Tyme garners $77.8m, Tencent elevates stake
Tyme, a leading digital banking group globally recognised for its swift expansion, has successfully secured a funding round of $77.8m.
Greenwood acquires mobile banking platform Kinly
Greenwood, a digital banking platform focused on serving Black and Latinx communities, has acquired Kinly, a mobile banking platform, in a move that brings together two of the largest Black-owned FinTechs. The terms of the deal were not disclosed.
Digital banking platform Oxygen secures $20m
Digital banking platform Oxygen has secured $20m in its Series B funding round, which was led by return investors.
Oportun secures $150m loan to boost digital banking
Oportun Financial Corporation has closed a $150m senior secured term loan to drive its mission-driven FinTech and digital banking platform.
Technisys teams with Microsoft to help banks improve customer experience
Digital banking Technisys has integrated its platform with Microsoft Cloud for Financial Services to provide financial institutions with the tools for improved customer experience.