October 2024: Top five new launch stories of the month
FinTech Futures takes a look back at five of the top new launch stories in October.
Platform-as-a-Service/PaaS
News, intelligence and resources on the global fintech industry including topics such as platform-as-a-Service/PaaS.
Wealthsimple launches in-app travel eSIM powered by Gigs
The offering operates as part of Wealthsimple’s new lifestyle rewards programme.
Procurement fintech Zip raises $190m Series D at $2.2bn valuation
Zip’s company value has increased 47% since its $100 million Series C last year.
PayZen lands $32m equity investment and $200m credit warehouse in Series B round
PayZen offers an affordability financing platform to help healthcare patients in the US manage medical bills.
AlphaSense acquires rival Tegus for $930m, valuation tops $4bn
AlphaSense has raised $650 million in conjunction with its latest purchase.
FinTech Futures: Top five news stories of the week – 31 May 2024
Our pick of the top fintech news stories this week includes HSBC, XYB, ABN Amro and more.
FinTech Futures: Top five news stories of the week – 3 May 2024
Our pick of the top fintech news stories this week includes Goldman Sachs, HSBC, Microsoft and more.
ICYMI fintech funding round-up: Theia Insights, Lettuce, StackOne, Synnax and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Returning to the fundamentals: BaaS as mission-critical financial infrastructure
BaaS has become a critical element in the digital transformation of global financial services.
How to choose the right 3D Secure software – an issuer’s guide
A comprehensive guide to ensure you make the best decision when it comes to implementing 3D Secure technology.
Canada’s Float bags $37m credit facility from Silicon Valley Bank
The Toronto-based fintech says the new facility will be used to expand its Charge Card programme.
Blackhawk Network inks agreement to acquire Rewards-as-a-Service platform Tango Card
The acquisition, which will combine both parties’ rewards platforms, is expected to close later this year.
Subscription billing fintech Recurly names Joe Rohrlich as CEO
Rohrlich previously served as CEO of Top Hat, a US-based higher education engagement platform.
US fintech Vestwell secures $125m in Series D funding round
CEO and founder Aaron Schumm says the raise is “one of the largest Series D SaaS rounds in the US this year”.
Allica Bank partners Wise Platform for cross-border payment solution
The partnership will enable Allica’s business customers to make “transparent and low-cost” international payments.
Credit Union 1 migrates core to Jack Henry’s Symitar platform
Jack Henry says its open banking infrastructure was the decisive factor for CU1 to migrate its core.
US challenger HMBradley winds down consumer business, eyes B2B space
“Our consumer brand growth was falling short of our goals,” says HMBradley CEO and co-founder Zach Brunke.
US fintech Brex names Karandeep Anand as its first president
Anand first joined Brex in January 2022 as chief product officer.
Dutch payment processor Silverflow lands $16.3m funding
Picus Capital, Coatue, Crane Venture Partners, Inkef, and a number of angel investors also participated in the round.
ICYMI fintech funding round-up: Refine Intelligence, Apiture, Solvimon and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
Valley National Bank taps FusionIQ for digital wealth management solution
The bank will deploy FusionIQ’s cloud-native Digital Advice platform.
AI fintech start-up Black Ore launches from stealth with $60m funding
Founded in 2022 and based in Texas, Black Ore offers an AI automation platform for financial services businesses.
Kash Baghaei joins expense management platform Jeeves as chief product officer
With 20 years of experience in engineering and product management, Baghaei joins Jeeves from Early Warning.
MPOWER Financing boosts lending capacity to over $300m with fresh debt funding
The financing will enable MPOWER to issue more loans to international students studying in the US and Canada.
Volante Technologies lands $66m in debt and equity funding round
The funding brings the total external investment in the firm to $116 million to date.
US fintech Payroll Integrations secures $20m Series A funding
Payroll Integrations plans to expand its product line, foster new relationships and invest in its operations.
ICYMI fintech funding round-up: Funding Societies, Fero, Kroo and Zilch
A handy round-up of the recent funding endeavours of fintech companies across the globe.
US fintech start-up Aleph emerges from stealth with $16.7m funding
The round was led by Bain Capital Ventures, with participation from existing backers, angel investors and customers.
ICYMI fintech funding round-up: Statement, iink, Finzly and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Canada’s Procurify lands $50m in Series C funding round
The round was led by Ten Coves Capital and brings Procurify’s total equity funding to more than $70m to date.
Brokerage platform Alpaca plots Asian expansion with SBI partnership
As part of the strategic partnership, SBI Group has also made a $15 million investment in Alpaca.
ICYMI fintech funding round-up: Mantle, SaaScada, Rainforest and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
US fintech PayZen launches new product to boost healthcare affordability
With the Care Card, patients can access PayZen’s post-service payment plans through a physical and virtual debit card.
AlphaSense lands $150m Series E funding at $2.5bn valuation
The latest fundraise comes months after AlphaSense secured $100m in Series D funding led by Alphabet’s CapitalG.
ICYMI fintech funding round-up: Mundi, Revio, Pontoro and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
UK fintech Traydstream lands $21m in Series B funding round
With the new funding, Traydstream plans to double down on its growth and enhance its AI-led platform.
PortX raises $16.5m in Series B funding round
The investment follows one year after PortX raised $10 million in its Series A funding round.
B2B payments platform Slope secures $30m funding to build out AI tools
Slope plans to leverage new investor Sam Altman’s “extensive” AI experience to scale its platform.
Switch2Zero appoints Galileo CEO Derek White as chairman
White is currently serving as CEO at Galileo Financial Technologies, a US-based payments and banking platform.
EWA start-up ZayZoon secures $34.5m in Series B funding round
The round was led by Framework Venture Partners, with participation from additional investors.
