May 2024: Top five funding rounds of the month
FinTech Futures takes a look back at five of the top funding rounds to emerge during May.
FinTech Futures takes a look back at five of the top funding rounds to emerge during May.
The new bank says it plans to start lending “later this year”.
The firm enables Latino workers in the US to send money abroad via WhatsApp.
North America’s sixth-largest commercial bank has tapped the platform to “detect more early warning signs” in lending.
The firm says the funding will be used to “enhance our operating system designed for the renewable energy industry”.
According to Bloomberg, the round takes the fintech’s valuation to around $700 million.
PayRetailers recently received its Brazilian payment institution (PI) licence last month.
FinovateSpring 2024 concluded on Thursday after a day filled with thought-provoking panels and keynotes.
UK start-up Sunshine+Kittens is launching a new offering for children designed to help boost financial literacy.
Four founders explain how they made their fintech start-up ideas a reality.
In addition to the funding, the platform has also announced Abhi Pabba as its new chief risk officer.
FinovateSpring 2024 sustained its momentum over day two with a line-up of informative debates and keynotes.
EFG Hermes has also signed an MoU with Kenzi to enhance its EFG Hermes One trading platform.
Dave and Dharm speak with four financial services leaders at this year’s Dubai Fintech Summit.
The regulator says it is suing the firm for “deceiving borrowers and illegally extracting fees”.
Agora will use the funding to “accelerate its expansion efforts” and further develop its product offerings.
The Singapore-based start-up plans to utilise AI to further develop its product offerings.
The US-based start-up has also introduced its new “homegrown bank aggregator” called Aerosync.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Our pick of the top fintech news stories this week includes BBVA, Deutsche Bank, Lemonway and more.
The funding consists of $150 million in debt financing and $15 million in equity.
Lydia says it plans to pump over €100 million into Sumeria over the next three years.
Four fintech founders discuss the essential traits that can help founding teams fly.
In addition, the fintech revealed it was on the hunt for additional investors for its ongoing seed funding round.
Thimsa will initially launch its payments platform in beta in the UAE and Bahrain.
Freetrade COO and co-founder Viktor Nebehaj is poised to assume the CEO role moving forward.
FutureMoney’s flagship offering is its tax-advantaged Junior Roth IRA account, which leverages 529 plans.
Wink Pay offers an instant card issuance service for Visa prepaid virtual cards.
The start-up’s solution seeks to provides SaaS firms with a pre-built embeddable payment service.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Chorus TM’s next step is a full US launch, which is scheduled for the coming months.
Ecology Building Society says technology modernisation will help “attract future customers at pace and scale”.
Submissions for the PayTech Awards USA 2024 are now open, with the entry deadline set for 12 July 2024.
The capability enables the platform’s users to transfer funds to any eligible Visa account globally.
The platform seeks to enable banks and credit unions to cultivate personalised digital experiences.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Cover story: PLASTIC MEASURES – Banking must follow a more sustainable path.
Nominations for the Banking Tech Awards 2024 are now officially open to companies worldwide!
The deal has a total potential consideration of up to $27 million based on certain conditions.
The new system is powered by the open-source payment platform Mojaloop.