New fintech start-up Arbo Works gains seed funding ahead of launch
Set up by ex-Google execs earlier this year, the firm is embarking on a major recruitment drive.
Set up by ex-Google execs earlier this year, the firm is embarking on a major recruitment drive.
The new capital injection values the company at $7.1 billion.
The new bank is intended to provide African Americans with better access to financial services.
The US-based detection and response (MDR) provider has secured $258 million in financing to date.
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The new capital injection adds to the firm’s $200m Series E funding.
The firm intends to issue credit cards for expats and is seeking funding of $100m.
The global platform for creatives plans a phased roll-out of financial services from this month.
Stripe among backers for brand-centric payments player with $53m raised in total to date.
Harjas Singh will be based in the company’s London office.
Alloy’s API-based platform will be used to automate the bank’s identity verification process.
The fintech has raised $600 million in equity capital since inception in 2017.
Deal stems from partnership between BankBI and Canadian credit union solutions firm Celero.
The move is blamed on high transactions fees.
Capital to support Kafene’s point-of-sale financing to Americans with limited access to credit.
Finserv provider says acquisition is a “natural expansion” of its digital banking platform.
The company’s platform acts an ‘operating system’ for entrepreneurs and small businesses.
N26 will no longer serve US customers after 11 January 2022.
The locally-owned bank has selected CSI’s NuPoint core platform.
The deal is expected to close before the end of the year.
Lloyds Bank, Halifax and Bank of Scotland have seemingly experienced service disruption.
Partners in Series B include Citi, GBA Homeland and Nordstar.
HCL will set up a co-innovation lab in Brussels to explore emerging technologies.
Acquisition intended to accelerate Oportun’s expansion plans by three to five years.
The supplier’s AgileReporter platform forms part of the UK regional bank’s tech stack.
The move will grant Zip access to the EU market from its UK springboard.
Patriot will migrate to American Challenger’s technology platform.
The $800,000 round comes ahead of a planned launch in UAE later this year.
The deal is expected to close in the second half of 2022.
The UK alternative lender is expanding its services using the new platform.
The app will be fully integrated with Volt’s core banking system.
“The two platforms are a natural fit,” says Snap co-founder Chris Myers.
Drata intends to triple its workforce within the next year.
Witlox will analyse pros and cons of a digital euro to reside with cash.
The fintech has achieved one of the largest funding rounds to date in Latin America.
The San Francisco-based company will add scale and headcount with funding round.
Combining financial and health wellbeing, the firm has a market valuation of £21.8m.
This latest financing round brings Float’s total funding to date to around $34 million.
The two banks have merged to become a €680 billion entity.
The company plans a hiring spree in Miami, where its US headquarters are located.