Canadian card and spend management fintech Float raises $30m in Series A
This latest financing round brings Float’s total funding to date to around $34 million.
Business-to-Business/B2B
CaixaBank completes major systems integration with Bankia
The two banks have merged to become a €680 billion entity.
Standard Chartered taps SAP for SaaS banking connectivity solution
SAP Multi-Bank Connectivity will enhance the transactional banking experience for corporates, the bank says.
Business paytech Bottomline adds straight through processing with Bora acquisition
Virtual card payments made via STP cut costs and time, Bottomline says.
ICYMI funding round-up: Tarabut Gateway, TotallyMoney, Quartr & more
Another collection of funding rounds and raises from all over the world you might have missed.
FinHub Global Ventures launches new business challenger Mixbank
Mixbank aims to provide banking and cash management for businesses without the need for a credit card.
US cloud AI platform H20.ai raises $100m in Series E round
Commonwealth Bank of Australia led the round and will form strategic partnership with H20.ai.
What the FinTech? | S.2 Episode 23 | An alternative approach to data
Marina Goche, chief executive officer at Sentifi, joins us on this week’s episode of the What the FinTech? podcast.
Zopa hires former Monzo executive Robinson as new chief risk officer
Robinson spent two years with Monzo, and 15 years at Capital One.
Raisin Bank launches BaaS offering on Mambu’s cloud banking platform
German bank claims to be one of the first lenders entirely on the cloud in its home country.
Financial management platform HoneyBook lands $250m Series E funding
The Californian company manages client flow and cash flow for independent business owners.
ICYMI funding round-up: Chip, Multiverse Computing, Kevin, APLYiD & more
Another collection of funding rounds and raises from all over the world you might have missed.
Swiss fintech start-up Yokoy raises $26m in Series A round
The Swiss fintech plans to invest in tech development and global expansion.
UK Autumn Budget 2021: What does it mean for fintech?
Rishi Sunak announced an update to his spending plans this week. FinTech Futures seeks out the fintech benefit.
B2B BNPL platform Billie raises $100m in Series C round
Billie claims the funding round is the “world’s largest to date in the B2B BNPL market”.
Al Rayan Bank taps TruNarrative to cover KYC and onboarding
UK Islamic Bank seeks revamp to regulatory reporting as part of ongoing digital change.
New FinTech Futures Report: Creating financial inclusivity in a digital-first future
A deep-dive report into the industry, focusing on the emerging need for financial inclusivity.
LGB Bank to replace Equation core with BML Istisharat
Lebanese bank switches to existing partner for new core banking infrastructure.
AmEx and Goldman Sachs partner to deliver cloud-based corporate payments platform
The platform will support multiple payment options and offer data and analytics dashboards.
Brazilian paytech Hash raises $40m in Series C round
Cash will be used to fuel growth and bring in new tech team hires.
Stripe acquires Indian accounting software firm Recko
The acquisition reflects a broader investment strategy in India, the fintech says.
Filipino BaaS player Netbank picks Chekk for KYC services
Netbank to integrate Chekk platforms into its white-label offerings for customers and businesses.
What the FinTech? | S.2 Episode 21 | Talking ’bout the next generation
Suraya Randawa and Sarah Welch of Curinos join us for this latest episode of our What the Fintech? podcast.
Arival Bank lands banking licence in Puerto Rico
Arival plans to provide services to international software firms and underbanked businesses.
Neobank FIBR launches to support European SMEs via local lenders
The BaaS firm aims to support post-pandemic growth through nurturing SMEs.
Deel hits $5.5bn valuation following $425m Series D round
Deel reports more than 4,500 customers worldwide in over 150 countries.
Perfinal launches as new core banking vendor on the block in Europe
Hungary-based vendor promises to fully automate processes for clients.
HSBC launches new BaaS offering with NetSuite
Major bank plans more BaaS services, including a new digital wallet.
Oracle partners Nano to utilise proprietary onboarding tech
Aussie digital lender will deploy its system to Oracle partners.
ICYMI funding round-up: Rize, Sparkle, Rupifi, PaySika & more
Another batch of funding rounds you may have missed this week in fintech.
Nord/LB picks Planixs’ Realiti to revamp treasury and liquidity management
German commercial bank says it analysed the “full solution market” before making its choice.
Sibos 2021: Major appliance manufacturer picks SmartStream for data reconciliation
Fisher & Paykel selects SmartStream Air to automate its currently manual reconciliation processes.
VoxSmart acquires speech recognition platform GreenKey
Firm aims to bolster its communications surveillance offering for financial institutions.
First Women’s Bank launches in US with focus on fixing gender lending gap
New lender is Chicago’s first chartered bank since 2009.
Coastal Community Bank picks Finzly to modernise payments processes
Coastal Community Bank has more than $2 billion in assets under management.
Surfboard Payments launches Surfpay to turn smartphones into payment terminals
Swedish payments company aims to help small businesses transact easier.
Fraud prevention platform Alloy hits unicorn status with $100m investment
Investment will go towards building out an evolving customer identity profile offering.
B2B BNPL: how data can drive more financial flexibility
BNPL is the norm when it comes to B2B transactions, but should corporates look to be more flexible?
ICYMI funding round-up: Yellow Card, QisstPay, Vyne, Tomorrow & more
Plenty of funding rounds in the double digits in this week’s ICYMI roundup.
BIS finds CBDC-blockchain combo outclasses correspondent banking
Its new project, mBridge, experiments with new CBDC combinations.
