Banking tech vendor Thought Machine receives £40m investment from Intesa Sanpaolo
Thought Machine’s Vault system will underpin Intesa Sanpaolo’s new digital banking service, Isybank.
Outsourcing
FinTech Futures Jobs: Three great companies that are hiring right now
Exciting open vacancies at Klarna, Xero and Revolut. Apply today!
Danske Bank taps SunTec for fee and billing management upgrade
“SunTec is providing a platform that supports our product roadmap,” says Danske Bank.
Form3 poaches senior Swift exec to drive US expansion
Dave Scola moves from Swift to become Form3’s US chief executive.
Banco Pichincha in trade finance tech overhaul with Surecomp
Equador’s largest bank will deploy Surecomp’s Trade Finance-as-a-Service (TFaaS) solution.
Kiwibank taps software firm ACI to boost real-time payments push
The deal will see ACI provide and manage Kiwibank’s digital payment hub.
Fiserv acquires rival core vendor Finxact for $650m
Finxact was set up in 2016 to bring a modern, cloud-based alternative to the US market.
Fintech funding deals globally 31 January – 6 February 2022
Featuring FTX, Chargebee, Koho, Phantom and League.
The urgency needed for banks to enter the BNPL space
Banks have an opportunity to get ahead in the BNPL space as authorities introduce new regulations.
FinTech Futures Jobs: Three really exciting roles to apply for this week
Exciting open vacancies at Klarna, Xero and Revolut. Apply today!
Chilean digital lender Mento goes live with Mambu’s tech
Mambu says it’s “the world’s only true Software-as-a-Service (SaaS) cloud banking platform”.
Subscription management platform Chargebee valued at $3.5bn following $250m raise
Chargebee CEO says the firm solves infrastructure issues facing high-growth subscription businesses.
Temenos lands new wins in Slovakia and Iraq
Temenos has signed Tatra banka in Slovakia and ZainCash in Iraq.
Aladin Bank turns to Google Cloud for Islamic banking tech innovation
Aladin Bank, an Islamic bank in Indonesia, has announced a “strategic collaboration” with Google Cloud.
Modifi acquires Seawise Capital’s trade finance and SaaS business in India
Modifi’s business in India has grown more than 2,100% over the past 18 months.
Case study: Recognise Bank and nCino – digital solution for SME bank
Learn how Recognise sought an end-to-end digital solution to help it offer the best service to SMEs.
White paper: To buy or to build – which is the best path for digital transformation?
An actionable roadmap for approaching any major digital transformation journey.
Swiss neobank Entris selects Bottomline for digital-first payments upgrade
Entris is looking to future-proof its operations ahead of the introduction of instant payments in Switzerland.
SaaS financial data platform Canalyst secures $70m Series C investment
Canalyst says it wants to be “the new fundamental dataset of record”.
De novo Agility Bank opts for Numerated’s loan origination platform
Numerated’s SaaS loan origination platform will support Agility’s business banking products.
Allica Bank selects core banking tech from start-up SaaScada
SaaScada’s tech will support Allica Bank’s new product range for SMEs.
Spend management platform Spendesk hits unicorn status with €100m funding
Spendesk will use the funding to nearly double its workforce.
Banking Tech Awards 2021 Winner: Temenos – Best Core Banking Solution Provider
A game-changer for banks that can no longer wait to modernise their technology infrastructure.
How traditional banks are embracing the shift from legacy tech to cloud-native
Digital transformation is dominating all sectors, and increasing numbers of businesses are making the move to the cloud.
SaaS tech start-up financing platform Arc lands $161m investment
“We’re on a mission to help start-ups grow,” says Arc co-founder and CEO Don Muir.
Levenue acquires fellow Dutch financing platform Requr
Fintech says acquisition will make it the “go-to funding solution” for European subscription-based businesses.
Core banking solution provider Topaz acquires majority stake in Cobiscorp
The acquisition is set to expand the firm’s footprint across the Americas.
The focus on ESG: Spotlight on data
As regulatory pressure grows, effective ESG reporting is now essential for businesses across the world.
The state of the API economy
The has been a significant shift away from viewing APIs merely as developer-led internal bits of technology.
What the FinTech? Podcast | Season Two’s Jailed Buzzwords
We run down all the buzzwords our podcast guests wanted gone from the industry this year.
German fintech re:cap secures $111.5m seed round to launch financing platform
Funding is made up of a combination of growth capital and liquidity for its revenue-based financing platform.
AIB signs €65m deal with IBM for hybrid cloud transformation
IBM will help the bank achieve its 2023 digital transformation strategy goals.
India’s Open buys neobanking start-up Finin in $10m deal
Open CEO Anish Achuthan says the acquisition will complement his firm’s BankingStack enterprise offering.
Russian digital bank Tinkoff taps Finastra for Asian expansion
Finastra’s Fusion Essence Cloud solution will power the bank’s planned subsidiary in the Philippines.
Barclays turns to HPE GreenLake for private cloud platform
The new cloud platform will host thousands of apps and 100,000+ workloads.
KAF taps Temenos to launch digital lending business in Malaysia
KAF will use Temenos Banking Services for retail loans and Islamic financing.
Supply chain specialist Tradeshift raises $200m in funding and debt
Tradeshift aims “to connect every company in the world, creating economic opportunity for all”.
Finance management platform Rho raises $75m in Series B round
Founded in 2018, the start-up has raised $205 million in equity and debt financing to date.
How fintech is driving the new age of retail agility
With digital transformation driving change in the retail industry, here are some important trends to bear in mind.
Mambu valued at €4.9bn after bumper €235m Series E round
The round is the largest private fundraise for a banking software platform to date.
