Rippling raises $500m following collapse of banking partner SVB
The Series E values the firm at $11.25 billion, the same as the company’s Series D in May last year.
The Series E values the firm at $11.25 billion, the same as the company’s Series D in May last year.
Carroll says he will instead take up a position on the company’s board.
The nominations deadline has been extended to 24 March 2023. Submit today!
The fresh funding forms part of PhonePe’s ongoing fundraise of up to $1 billion in capital.
The central banks will conduct joint proof of concept and pilots of bilateral CBDC cross-border transactions.
The receivables warehouse facility will help Tamara finance the accelerating demand for its flagship BNPL product.
Subsidiaries SVB Securities and SVB Capital are not included in the filing and continue to operate.
Take a look at our highlights video from FinovateEurope 2023 in London.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Parker will invest in its product offering as it aims to expand across the US in 2023.
The firm claims it can enable businesses to streamline their payments and save on transaction fees.
With PayShap, consumers will have access to instant, real-time payments across participating banks.
Copper intends to “realign” its business to focus on its custody and prime services solutions.
ABN Amro’s corporate customers can now better identify, manage, and enhance liquidity positions “on the go”.
The law enforcement agencies seized seven terabytes worth of data, consisting of 1909.4 BTC.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Qik’s CEO says they chose Temenos owing to its “successful track record” across Latin America.
The group will be co-chaired by representatives from the banking sector as well as from fintech firm MonetaGo.
In March 2021, the fintech landed $600 million in funding, confirming a valuation of $95 billion.
FinTech Futures hears from UK business leaders on how the Spring Budget impacts the fintech sector.
The solution will enable large corporates to provide payment alternatives to their business customers.
Grow aims “to link the traditional banking structure with a product of the decentralised finance ecosystem”.
This is the first OpenWay installation of its Way4 platform on Oracle Cloud in Southeast Asia.
With one of the highest levels of crypto adoption in the world, Australia is an “important market” for Wirex.
The fresh financing follows a $150 million debt facility from Goldman Sachs in August last year.
The unicorn’s latest push in Rwanda follows its bid to expand across East Africa.
Laurent Blanchard replaces Ingenico’s co-CEOs Gerrard Schmid and Rolf Stangl.
The firm has appointed Brad Oberwager as CEO and Catherine Porter as chief business officer.
Despite a “robust and growing” business, Anchorage says the cuts are a necessary part of a “strategic realignment”.
Livi Business offers SMEs and entrepreneurs access to “fast, simple and personalised” financial services.
FairMoney is looking to expand its offering to include features for merchants as well as retail customers.
Rain will make use of Tarabut’s open banking payment solutions to facilitate on and off-ramp transactions for users.
Thanks to Paymentology, the Fondeadora app will enjoy faster transaction processing and advanced security.
Bloomberg says Broadway’s solutions “will fill a gap” in its product portfolio.
Goodrich will lead the data engineering, predictive analytics, credit risk and fraud functions across Ezra.
ThetaRay’s Sonar will help Noda stay up to date with shifting compliance regulations.
Anning joins ComplyAdvantage from GoCardless where he was vice president of data.
Bank of Africa UK’s new core banking system, Temenos Transact, will run on the Oracle cloud.
Truzo says it will close its next round of funding in Q2 2023.
The deal will see BaaS and open banking together into an embeddable payment solution for B2B mass payments.