B2B fintech Sequence lands $19m seed funding
The round was led by US venture capital firm Andreessen Horowitz.
The round was led by US venture capital firm Andreessen Horowitz.
The SEC says that MSSB failed to protect the personal identifying information of approximately 15m customers.
Bevan Money aims to launch sometime in late 2023 or early 2024.
This new cartoon by Ian Foley illustrates the potential large bets many companies are now placing on AI.
Ensuring your AppSec programme adds value.
Security has never been more important to financial organisations reliant on custom software.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
In his new role, Ronen will lead Payoneer’s newly created platform division.
Stash partnered with Stride Bank, Mastercard, Marqeta, Mambu and Alloy, among others, to develop Stash Core.
Dave Ripley is to lead the firm with current CEO Jesse Powell set to become chair of the company’s board.
The initiative will focus on four areas – savings, credit building, debt consolidation and utility marketplaces.
Completed in under 12 months, the implementation follows the migration of HCOB’s international SWIFT payments.
Noble plans on using the new funding to hire new team members and aid product development.
Ledgy will use the funding to expand its workforce, boost product development and cement its presence in Europe.
Our weekly fintech round-up for you to get the latest funding news from around the world.
A round-up of the recent funding endeavours of fintech companies across the Middle East and Africa.
Scratch offers a payment model to help patients cover the cost of medical care.
Copper will utilise Fenergo’s tech to onboard “increasingly complex” client ownership structures.
Oradian’s account, finance and investment offerings are tailored to the needs of rapidly developing markets.
Verity aims to help children develop their personal finance skills.
Piangerelli will oversee all aspects of technology including engineering, architecture and infrastructure.
Capita says the deal will help lower the firm’s debt and provide additional liquidity.
The ClearTrade solution has been integrated into JP Morgan’s trade processing system.
In an e-mail to affected customers, Revolut says some individuals may be vulnerable to fraud and phishing attacks.
The app is being supported by Mastercard and Checkout.com.
John Barker has been named as the firm’s new CEO, with Peter O’Connor taking on the role of COO.
The product will offer financial services designed to meet the needs of newly enlisted members of the military.
Open Banking Expo is the largest global community of open banking, open finance and open payments execs.
The CFPB will set out guidance to hem BNPL firms much closer to credit cards in terms of regulation.
The acquisition, for an undisclosed sum, is expected to close by the end of Q3.
Banc of California paid $24 million for the acquisition, with 70% in cash and 30% in stock.
Sardine boasts a client list of over 135 companies including FTX, Blockchain.com and WealthSimple.
Despite “significant growth” in payment volumes over the last 12 months, the firm is looking to cut 40 employees.
Monese will use the new funds to grow its cloud-based Platform-as-a-Service (PaaS) business.
The new funding brings the total capital raised by Yellow Card to $57 million.
NCR says the split will “unlock value” for the company’s shareholders.
Denim automates invoicing, collections and payments, claiming to reduce daily payments and collections tasks by 75%.
The start-up has raised $11 million in venture funding and $400 million in a credit facility.
Kerri Miller brings over 20 years of corporate experience in the banking sector.
Five front-end companies were chosen by the ECB out of 54 applicants.