Indian fintech start-up M2P raises $56m in Series C1 round
M2P claims to have raised more than $100 million in the past year alone.
M2P claims to have raised more than $100 million in the past year alone.
The growth equity investment round values the company at more than $1.3bn.
BENKER CEO sees the introduction of blockchain to banking as the beginning of a “New World Order”.
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The Series A funding round was led by Sequoia Capital India.
“Niche banking is the most significant innovation opportunity for financial institutions today,” Nymbus says.
Vartana is a new provider of managed checkout and BNPL options for businesses.
The firm filed an application with the Office of the Comptroller of the Currency in July 2020.
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Zindigi says the country has many banks, “but not many banking experiences”.
The acquisition completes the customer onboarding experience, says Plaid CEO.
Five prepaid card companies admitted to cartel behaviour while supplying local authorities.
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Projects, products, services and teams that showcased genuine innovation and had a tangible impact.
The trio of UK-based fintechs have attracted investment from a range of firms.
Horta-Osório resigns after it was found he broke Swiss and UK Covid-19 isolation rules.
Cushon becomes the fifth largest master trust pension provider in the UK.
Finclusion has landed $20 million and Lipa Later has secured $12 million.
BitPay CEO says appointment of COO was necessary as more payments move to the blockchain.
Personetics’ technology analyses real-time financial data at customer touchpoints, learning their financial behaviours.
Nabeel Vilcassim joins as chief financial officer (CFO) and Oliver Furniss as chief product officer (CPO).
Ghana-based Float and Uganda-based Asaak raise $17 million and $30 million, respectively.
Entris is looking to future-proof its operations ahead of the introduction of instant payments in Switzerland.
Canalyst says it wants to be “the new fundamental dataset of record”.
Numerated’s SaaS loan origination platform will support Agility’s business banking products.
SaaScada’s tech will support Allica Bank’s new product range for SMEs.
The European fintech plans to “hyper-scale” and move into the US and Australia this year.
Sultan Meghji, FDIC’s first chief innovation officer, is leaving just one year into the job.
UK bank will look to utilise nCino’s end-to-end cloud-based platform.
The eleventh-hour reprieve comes as both companies are “working closely” to reach a longer-term agreement.
Spendesk will use the funding to nearly double its workforce.
Lunar says it is building the “go-to app” for banking, payments and investments in the Nordic region.
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The Economic Affairs Committee cited financial, privacy and data concerns over UK CBDC.
The scrutiny of large financial services giants formed part of the FCA’s broader strategy.