Itaú taps Genesis Global for trade automation tech
Itaú selected Genesis for its “deep domain experience in asset management, trading and financial services”.
Digital
Railsr secures $46m in Series C funding
CEO and co-founder Nigel Verdon says the funding is a “significant step on our route to profitability”.
Funding Circle forms lending partnership with Bayview Asset Management
The partnership aims to support “thousands” of UK small and medium-sized enterprises (SMEs).
TD Asset Management signs for Beacon Platform’s tech
Beacon’s buy and build model will help TDAM to develop a more flexible pricing and risk management system.
SME financing platform Rapid Finance acquires lendtech firm Thrive
Rapid Finance says Thrive “represents a significant addition” to the company.
Automated debt payment platform Tally bags $80m Series D
The round was led by Sway Ventures with participation from Menora Mivtachim, an Israeli insurance firm.
ING head of transaction banking Mark Buitenhek steps down
Buitenhek first joined the bank in 1988 and has been head of transactions services since 2014.
Crypto banking firm Juno lands $18m Series A, launches loyalty token
The funding round, led by ParaFi Capital’s Growth Fund, saw participation from high-profile angel investors.
How ESG reporting fuels financial success
ESG management, fuelled by innovation, can have a positive impact on a firm’s financial performance.
Bangor Savings Bank partners Treasury Prime to leverage BaaS offering
Bangor Savings Bank says the partnership will expand its revenue opportunities.
UK challenger Bank North collapses
The bank failed to raise the funds needed for a full banking licence.
Arab Jordan Investment Bank taps Codebase for digital onboarding tech
The bank will deploy Codebase’s Digibanc platform.
$4.7bn Prosus acquisition of India’s BillDesk falls through
The acquisition deal was originally announced back in August 2021.
SinoPac modernises retail banking tech front-to-back office with Temenos
SinoPac, one of Taiwan’s largest banks, is implementing Temenos’ digital banking solutions.
Apiture partners Newtek to provide digital banking services to businesses
The Apiture Digital Banking Platform will provide business banking and account opening solutions.
Global PSP Worldline obtains 40% stake in Dutch Online Payment Platform
OPP founder and CEO between them own the remaining 60% of the company.
Societe Generale set to buy majority stake in PayXpert
Societe Generale aims to broaden payment offerings for European merchants through the acquisition.
CBDCs come to the international stage as a future cross-border option
CBDCs will become the de facto cross-border payment mechanism within the next decade, or possibly sooner.
Embedded finance start-up Shaype lands $21.4m Series C funding
Sydney-based Shaype will use the money to expand internationally.
UK SaaS platform Toqio nabs £17.2m in Series A funding
The funding also includes a £1.1 million grant from a Spanish public organisation for technology development.
CFPB sues digital lender MoneyLion for allegedly overcharging customers
CFPB alleges MoneyLion has imposed “illegal and excessive” charges on service members and their dependents.
Mobile payments service Paym to shutter in 2023
Pay.UK will wind down Paym after declining payment volumes and fewer signups over the past three years.
ICYMI fintech funding round-up: KPay, InstaPay, Frost and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
US fintech funding round-up: Brightflow AI, Inclined and Remofirst
A handy round-up of the recent funding endeavours of fintech companies across the US.
Tandem CEO Susie Aliker to step down, Alex Mollart to take over
Mollart is currently deputy CEO at the bank, having joined through the acquisition of Oplo.
Embedded banking with Metro AG and Vodeno
Brands with large customer bases can use BaaS platform providers to create deeper relationships with customers.
White paper: Digital banking – why is it becoming so important to financial organisations?
Fintechs are showing significant growth – learn how banks can stay competitive and efficient.
HSBC and Oracle NetSuite launch new accounts payable solution
NetSuite AP Automation is available in the US as part of NetSuite’s SuiteBanking offering.
New challenger bank in India for young professionals – Shelf
Shelf was recently accepted into start-up accelerator Y Combinator’s Summer 2022 batch.
The designer, the surrealist and the potted plant
Hire designers because you have blind spots. We all do.
New “hybrid” banking app Dexy gears up for launch in the US
Founded this year and based in Miami, Florida, Dexy is currently waitlisting applicants.
Battle Financial taps Savana for upcoming digital bank offering
Pending regulatory approval, Battle Bank is expected to launch in early 2023.
Video: Quavo at FinovateFall 2022 – Automating fraud and dispute management
We chat with Quavo’s Brittany Usher about the benefits of automating fraud and dispute management processes.
Satispay hits unicorn status with €320m Series D round
It aims to use the new funds to boost growth and support international expansion.
Liberis lands additional £140m investment from Barclays and BCI Finance
Barclays initially invested £34m in Liberis in December last year.
Zepz appoints Robert Mitchell as new group CFO
Headquartered in London, Zepz powers remittances for WorldRemit and SendWave.
Multicloud friction shouldn’t be the status quo
Fintech companies can take specific steps to achieve greater multicloud freedom.
FinovateFall 2022: Q&A with Ripple’s James Wallis on CBDCs, crypto and blockchain
We chat with Ripple’s James Wallis about the rise of CBDCs and the future of blockchain.
India’s Signzy raises $26m in Series B funding round
The funds will be used to further develop its platform and boost its international presence.
French fintech Regate nabs $20m in Series A funding
The French start-up claims to have more than 10,000 clients.
