Stori bags $150m Series C-2 funding at $1.2bn valuation
The company plans to use the fresh capital to grow its team and extend its product offerings.
The company plans to use the fresh capital to grow its team and extend its product offerings.
BPC’s SmartVista solution will enable NanoPay to better protect its credit card customers.
The acquisition will help build out Flywire’s existing education business.
The firms say the move will enable banks to embed FX services “directly” into corporate and branch channels.
ClearBank has worked with Kroo since 2019 in its journey towards becoming a fully regulated bank.
The merger was initially announced earlier this year.
ANZ CEO Shayne Elliott says the acquisition is a “cornerstone investment” for the firm.
The investment brings the company’s total funding raised since its inception in 2017 to $69 million.
The new funds will be used to pursue M&A opportunities.
Arshad will help shape Revolut’s product offerings and technology for the Indian market.
The move comes as part of the regulator’s work in response to the increasing cost of living.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Flutterwave will provide the infrastructure to enable SendSprint to process cross-border transactions.
A handy Friday funding round-up of US-based fintech start-ups: Finalis, Quiltt and Realfinity.
Barclay joins from Swedish open banking unicorn Trustly.
Our weekly fintech round-up for you to get the latest funding news from around Europe.
The Series A will support the company’s expansion into 19 European markets.
A handy round-up of the recent funding endeavours of fintech companies in the UK.
Celsius has initiated voluntary Chapter 11 proceedings as it looks to restructure and “stabilise its business”.
Following the acquisition, SharingAlpha will be fully integrated into Tifin’s Magnifi platform.
Argyle will support payments for small and midsize merchants in “high-margin” specialty markets.
The funds will be used to support SaaS start-ups across the US and Europe.
The FSB is calling for regulation of cryptoasset activities on an international level.
Abbove says the partnership marks another step in the wealthtech’s private banking development strategy.
Kinly says it will leverage clean data and personalised financial alerts from MX to help Black American communities.
Sheriff joins Coremont from State Street, where he held multiple global and regional leadership roles.
Moniflo says it aims to make investing “transparent, affordable, and for everyone”.
The bank has received a restricted ADI licence from the APRA.
Home Credit is working towards the launch of its new Global Mobile App.
The partnership will enable “nearly 30 million” Moroccan bank account owners to receive remittances.
Funds will enable the firm to grow an ecosystem of applications on top of its smart contract account protocol.
Chicago-based BetaBank submitted its banking charter application in April this year.
The RiskNarrative platform will digitise a number of AML and KYC processes via a single API.
M2P Fintech plans on rolling out lending products “that are secure, scalable and cloud-ready”.
PicPay sees crypto as a way to decentralise payments and other financial services.
Deuna plans to use the funds to expand into Latin America, develop its product and hire new talent.
Funds will be used for product development and expanding across Europe, Asia and the US.
Shand has been an EML board of directors member since September 2021.
Firm hopes new licence will help diversify its sources of funding and grow its portfolio of credit products.
GMEX intends to combine Pyctor with its MultiHub offering.