Major Indian banks join trade finance blockchain project IBBIC
The consortium promises the creation of a secure environment for processing letters of credit.
The consortium promises the creation of a secure environment for processing letters of credit.
Core banking provider says deal will improve a range of identity processes for customers.
The round was led by Sequoia Capital with participation from Will Smith’s Dreamers VC.
New firm wants to be Gibraltar’s first digital merchant bank.
The firm is now targeting expansion across Africa and the Middle East.
New investment takes the company’s total raised to around $156 million.
German BaaS provider hits unicorn valuation and looks towards the UK.
Nium has now raised a total of around $280 million in funding.
Payments network aims to make things easier for small businesses.
Nine of the top ten banks use Phone-Centric Identity to mitigate fraud. Do you?
New research by The Economist about the banking industry’s attitudes, progress, and aspirations for leveraging data.
Tom Myles joins as CTO along with Rob Fernandes as CPO.
New core provider on the block builds out executive team.
Series C takes Vestwell’s total funding to around $112m over four rounds.
The new platform, PayFrom Bank, utilises Mastercard’s Payment Gateway technology.
Canadian company brings total raised in 2021 to $78.7 million.
Simon says the funding will be used to expand its core offering.
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The bank cites implementation risks and changed market conditions as the reasons behind its decision.
Sandro Bucchianeri announced his departure from Absa at the start of the month.
The blockchain-powered payments firm will use the new capital to grow the business.
The central bank ordered the cessation of cryptocurrency exchange services in February.
The funding has been led by Goldman Sachs Asset Management and DMG Ventures.
Rumoured deal is valued at around €110 million.
Bank to close all 213,000 existing accounts as many show “limited activity”.
Featuring FTX, Soldo, Spendesk, Zilch and FloQast.
UK challenger looks to expand into mortgages as an asset class.
NatWest plans to be fully private by 2026.
InvestCloud’s solutions will be used for onboarding and managing high-net-worth client relationships.
Learn how to accelerate your journey to a modern, flexible mortgage infrastructure.
Bank of Russia asks stock exchanges not to list crypto-adjacent companies.
Swedish financial supervisory authority deploys range of modules from vendor.
Davy is also selling Davy Global Fund Management and its shareholding in Rize ETF to other third parties.
The Paris-based firm plans to use the funds to double its staff and accelerate product development.
Another batch of funding rounds that might have flown under your radar.
Dwolla’s last venture funding round resulted in a $12 million raise in 2018.
Cryptocurrency exchange wanted “a proven and experienced partner”.
The Series B is one of the largest ever funding rounds for a crypto exchange.
Santander Global Connect will roll out in phases through the year.
Revolut’s app is now powered by Equifax cloud-based data in both the UK and US.