Tag: Open Banking
European FinTech companies raise over $100bn in 2019-2023
European FinTechs raised a combined $104.8bn between January 2019 and December 2023. The UK accounted for nearly half of the funding with $48.4bn raised...
Canadian FinTech deal activity in 2023 sees lowest levels in past...
Key Canadian FinTech investment stats in 2023:
• Canadian FinTech deal activity reached 144 deals in 2023, a 48% reduction from 2022
• Canadian FinTech companies...
UK firms embrace open banking for 150-hour annual savings
UK enterprises are recognising significant yearly operational savings by integrating open banking into their systems, a recent survey has disclosed.
TrueLayer’s Signup+ revolutionizes Tiger Brokers’ onboarding process
Online trading platform, Tiger Brokers UK has embarked on a transformative partnership with TrueLayer, Europe's leading open banking payments network.
UK FinTech investment more than halves in 2023
Key UK FinTech investment stats in 2023:
• UK FinTech companies raised a combined $4,190m in 2023, a 59% drop from 2022
• UK FinTech deal...
Embracing diversity and equity in open banking for 2024
In the upcoming year, ByAllAccounts' Head of Data Aggregation Strategy and Governance, Brian Costello, has set a thoughtful resolution to amplify the importance of...
Ozone API secures £8.5m in Series A funding for global open...
Ozone API, the trailblazing open banking platform, has successfully secured a substantial £8.5m in Series A funding. This significant financial injection was spearheaded by Gresham House Ventures, renowned for its strategic investments in burgeoning software and technology-enabled enterprises.
Volopa joins forces with Yapily for innovative open banking solutions
Volopa, known for its expertise in transactions, payments, and expense management, has entered into a strategic partnership with Yapily, a frontrunner in providing Open Banking API solutions. This collaboration is set to redefine the payment experience for finance teams.
Uruguay’s Prometeo secures $13m for open banking expansion in Latin America
Prometeo, an innovative startup based in Uruguay, recently announced a significant milestone in its journey to revolutionise open banking across Latin America.
UK still dominate the top 10 FinTech deals in Europe amid...
2023 has seen a stark comparison to the previous year with no European FinTech deals reaching the $1bn mark, compared to two in 2022....