solarisBank lands $67.5m in Series C round
The funding was led by German VC firm HV Holtzbrinck Ventures.
The funding was led by German VC firm HV Holtzbrinck Ventures.
Customers include Commerzbank, solarisBank, N26, and UniCredit.
The start-up raised $100 million between July 2018 and August 2019.
This has prompted a handful of fintechs to issue warnings to their customers on Friday.
The service uses open banking infrastructure.
This is a one of a kind partnership for Curve and Samsung.
The company announced its plans to become a bank nearly four years ago.
The bank joins a roster of more than 200 lenders.
“The insurance community is not necessarily responsive to change,” says insurtech CEO.
The San Francisco-based start-up operates across seven African countries.
nCino plans to raise $100 million in its IPO.
The verdict next month will reveal if the acquisition can go ahead.
Both firms entered the market in 2011 to bring APIs to payments.
The firm has landed a $150 million Series B funding round it began in May.
The start-up landed a €2.5m seed investment this year from Paris-based investor BlackFin.
The firm uses mobile data to create a “trust score”.
They’re also intrinsically linked to the powerful notions of freedom and the American Dream.
The UK’s CMA is looking into potential anti-competitive implications.
CMSPI estimates maximum pay-out for UK merchants to be roughly £15.2bn.
Kaspi made more than half a billion last year in profits.
Omni operates across Chile and Colombia.
Eight currencies from the Middle East and Central and Eastern Europe (CEE) have been added.
The fintech will allow the bank to serve more clients in and outside of Europe.
The bank launched just nine months ago.
The firm says it will fund, mentor and use the fintechs’ products.
The acquisition is IBM’s first since its $34bn buyout of Red Hat in 2018.
COVID-19 has already led to a shift in mindset for many businesses.
The soon-to-be bank will offer property development loans.
The regulators will build a “referral mechanism” between their fintech sandboxes.
RateSetter would be bought up at “a knockdown valuation”.
The new global private bank will likely hold roughly €250 billion.
The value of the round has not been disclosed.
Stripe will directly compete with UK home market player GoCardless.
Catherine Lewis La Torre starts on 1 September.
The start-up will expand beyond Western Europe.
Sparkle already has a banking license from Nigeria’s central bank.
Both firms want to speed up access to credit for SMEs.
Dell Technologies and World Wide Technology discuss the technology challenges facing FIs.
The acquirer wants to boost revenues by 25%.
The metrics will inform credit risk scoring and customer marketing.