Canada’s TD Bank snaps up First Horizon for $13.4bn in US expansion push
The combined entity will become a top six US bank, serving 10.7 million customers across 22 states.
The combined entity will become a top six US bank, serving 10.7 million customers across 22 states.
Westpac’s BaaS offering was built in partnership with 10X and integrates 30+ various tech services.
This brings total funds managed by CommerzVentures to €550 million.
Upside’s open banking product will be added to Cheddar’s free payment offering.
Volopay is “building the control centre for modern companies for all their financial management needs”.
Finch boosts users’ credit score by reporting spending to US credit bureaus Equifax, Experian and TransUnion.
Rocker’s biometric payment card is the first of its kind in Sweden.
Australia’s Consumer Data Right framework enables the sharing of customer data between banks and fintechs.
Scandinavian travel management company Resia is TripActions’ third acquisition in Europe.
Thriday was set up to tackle “the poor quality of financial management solutions offered to small businesses”.
HD Bank’s multi-year transformation will initially consist of upgrading its core platforms and internal workflows.
BNY Mellon is building a multi-asset digital custody and admin platform for traditional and digital assets.
TSB says customers can now open accounts and access mobile banking in 10 minutes.
Andrew Baker had a lengthy tech career at Barclays Africa and its successor, Absa.
“We represent a third wave in database technology,” says CEO Bob Van Luijt.
Tyl by CIBC is a digital-first payment acceptance and merchant services platform for Canadian SMEs.
Microsoft says financial services organisations need to become more digital to meet customer demands.
Niyo CTO says: “We are seeing massive tailwinds for digital financial products since Covid-19.”
Our weekly fintech round-up for you to get the latest funding news.
GB Bank says the partnership will reduce friction in customer journeys and enhance its risk mitigation.
Zurich-based Squirro has raised $4m in equity funding from capital investment firm BuildGroup.
Pipe claims to be “the creator of the world’s first trading platform for recurring revenues”.
Start-up Baton “has built a unique, innovative B2B invoice payments network”, TreviPay says.
Fronted’s lead software engineer Jonathan Kim has been promoted to the role of CTO.
The app allows users to access their salary as they earn.
CEO Alex Mifsud says Weavr shortens the time it takes to launch embedded finance solutions.
Trustology will be rebranded as Bitpanda Custody, providing an institutional-grade crypto custody platform.
OCR Labs has raised $46 million through its combined Series A and B.
Clickatell says chat is the largest digital platform in the world, with 7.7 billion users.
Scalapay has also launched a checkout experience platform for e-commerce called Magic.
Founded in 2004, California-based TORA offers cloud-based trading technology solutions.
Beyond Identity’s total funding to date reaches $205m and propels its valuation to $1.1bn.
Community Spirit Bank has five branches throughout northwest Alabama and northeast Mississippi.
Virgin Money implements a new account opening journey for its customers.
MaPS is searching for a chief operating officer (COO) and chief digital and information officer.
Laurence Krieger has stepped down after five years with the UK-based fintech.
The oversubscribed round was led by Africa-focused investment vehicle V8 Capital Partners.
The deal forms part of M-DAQ’s growth strategy as it looks to expand into new international markets.
The total investment to date in the company now stands at $328 million.
“Payactiv invented EWA to free the American worker from the two-week pay cycle,” states CEO.