UAE’s CredibleX lands $55m seed round to expand Credit-as-a-Service platform
The raises comprises both equity and debt from Further Ventures, Kilgour Williams Capital and Berkley Square.
Software-as-a-Service/SaaS
News, intelligence and resources on the global fintech industry including topics such as software-as-a-Service/SaaS.
AHAM Capital taps Temenos for Multifonds Global Accounting solution
AHAM Capital will utilise Temenos’ tech to modernise its fund accounting platform.
First Abu Dhabi Bank taps Broadridge to build out securities finance business
The bank has selected Broadridge’s Securities Finance and Collateral Management solution.
Banking Technology Magazine December 2024 / January 2025 issue out now
Cover story: STAR PEOPLE – Banking Tech Awards 2024 revisited.
What the FinTech? | S.5 Episode 23 | Simplifying core banking modernisation with SaaScada
In this podcast episode, we chat with Nelson Wootton, CEO and co-founder of SaaScada.
ICYMI fintech funding round-up: Sandbox Wealth, ThreatFabric, Centrapay, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Sandstone Technology selected to power Chetwood Bank’s new digital savings platform
Chetwood announced the platform when it rebranded from Chetwood Financial Limited last month.
Uptiq.AI acquires financial data integration fintech UpSwot for undisclosed sum
Uptiq.AI will now integrate UpSwot’s financial data gateway into its AI Workbench, which launched last month.
Business financial management fintech KPay raises $55m in Series A funding
KPay says the round is the “largest Series A globally in the payments sector in 2024”.
Blockchain firm WadzPay secures $36m investment commitment from GEM
WadzPay must be publicly listed for 36 months before the funds can be received.
Reem Finance taps Temenos to power new digital community bank
Reem Finance’s new digital community bank will utilise Temenos’ core banking, payments, and data analytics tech.
Sweden’s TF Bank selects Nice Actimize for AML SaaS solutions
TF Bank has tapped Nice Actimize for its cloud-based SaaS AML Essentials offering.
Moody’s expands lending tech suite with acquisition of Numerated Growth Technologies
Moody’s has maintained a partnership with Numerated since January this year.
Close Brothers Asset Management goes live with Objectway’s portfolio management solution
Objectway says its tech will enable CBAM to “tailor and adapt services as client needs evolve”.
State of play: payment hubs
Payment hubs are increasingly seen as an attractive solution to manage the new world of payments.
Nationwide taps HPE GreenLake for private cloud deployment
The migration of its on-premises IT estate is expected to cut Nationwide’s IT operating costs by 30%.
Morgan Stanley makes $20m investment in NovoPayment to fuel product and commercial growth
The funding follows NovoPayment’s $19 million Series A round in 2022.
Interview: Jason Cao on Huawei’s fintech frontier and digital transformation innovation
Cao details the best strategies for digital amid a “highly challenging time” for the global banking industry.
Banking Technology Magazine November 2024 issue out now
Cover story: GOING GREEN – Why sustainable finance is vital.
Banking-Platform-as-a-Service provider Monument Technology makes senior tech and sales hires
The new CTO joins from SC Ventures, while the CCO comes directly from Mambu.
FE fundinfo snaps up Matterhorn Reporting Services to boost AIFMD reporting capabilities
The deal is FE fundinfo’s third acquisition this year.
UAE-based Commercial Bank International to explore digital asset sustainability with Zumo
The collaboration follows CBI’s MoU with Abu Dhabi-based digital assets infrastructure platform Fuze in February.
Standard Bank selects Volante Technologies’ PaaS for ISO 20022 compliance
The $166 billion-asset bank has adopted the vendor’s PaaS and embedded pre-processing solutions.
Airwallex reportedly in talks over fresh $200m investment at new $6bn valuation
Airwallex last raised $100 million through a Series E extension two years ago at a valuation of $5.5 billion.
ICYMI fintech funding round-up: Brightwave, Mala, UnitPlus, Parachute, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
October 2024: Top five new launch stories of the month
FinTech Futures takes a look back at five of the top new launch stories in October.
nCino acquires FullCircl in $135m deal
nCino previously partnered with FullCircl in 2023 to integrate its data capabilities.
New digital wallet Kuady launches in several LatAm markets powered by Mambu
The Kuady digital wallet has recently become available in Argentina, Chile, Mexico, and Peru.
Interface.ai emerges as “most valuable AI company in banking” with Avataar-led $30m funding round
Interface.ai provides pre-trained agentic AI solutions specifically tailored to community banks and credit unions.
ICYMI fintech funding round-up: Authologic, Klasha, CardFlight, and Salt
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Tompkins Community Bank deploys NCR Atleos’ ATM-as-a-Service
NCR Atleos will now handle all management and processing for Tompkins’ self-service channels.
ICYMI fintech funding round-up: Abhi, Emerge, Diesta, and Axyon AI
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Navigant Credit Union partners Baker Hill to boost commercial loan operations
Baker Hill’s Commercial Lending solution will be integrated directly within Navigant’s Fiserv DNA core.
ICYMI fintech funding round-up: Plumery, Concreit, Connected Data, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Sonali Bangladesh UK selects Finastra Essence for core banking tech overhaul
The new core system will support both conventional and Islamic banking at SBUK.
Redpin strengthens leadership team with key additions
The newest team member is CTO Yoav Flam, formerly in the same role at HelloFresh.
September 2024: Top five core banking stories of the month
FinTech Futures takes a look back at five of the top core banking stories of the month.
PayMate nears $400m acquisition of DigiAsia’s FaaS business
PayMate plans to list on the National Stock Exchange of India following the purchase.
Scienaptic AI co-founder steps down to launch new venture, Algebrik AI
Algebrik AI, a new loan origination system, will commence deployments in Spring 2025.
New UK lender Interbridge Mortgages taps Mambu for retail mortgages solution
Founded last year and headquartered in Cardiff, Interbridge Mortgages is a second charge mortgage lender.
