CBI: Collaborative open finance ecosystems for a market success story
80% of the Italian banking market (around 300 PSPs) has adopted CBI Globe to meet the requirements of the PSD2.
80% of the Italian banking market (around 300 PSPs) has adopted CBI Globe to meet the requirements of the PSD2.
The round is the largest private fundraise for a banking software platform to date.
The new funds will facilitate the company’s “massive roll-out across Europe” in 2022.
The neobank has already closed the first batch of money — $480 million — with more expected soon.
The Series B was co-led by new investor Tiger Global and existing investor Avid Ventures.
The appointment will bolster the paytech’s global expansion plans, CEO says.
Challenger says it will become “the first European digital bank to start offering mortgages”.
SunTec’s Xelerate platform will digitise SEB’s sales process globally.
With regulation comes legitimacy, clearing the way for traditional FIs to offer digital currencies to their clients.
Paris-based Lydia has raised over $100 million in new funding.
One of the UK’s largest wealth managers has gone live with new SaaS-based core.
Tipalti says new funding places it “among the most valuable private fintech companies in the world”.
The pandemic played a substantial role in boosting the adoption of open banking and APIs.
TripActions is an all-in-one travel, corporate card, and expense management solution.
All eligible accounts will be transferred to Moneyfarm in January.
The bank will implement Temenos Transact and Temenos Infinity, delivered on a cloud basis.
LSEG will pay a maximum aggregate consideration of up to £274 million to Quantile’s shareholders.
The Series C investment round was led by Vitruvian Partners, with participation from Tencent.
Tillit offers “a curated investment universe, exclusive content and a fee that is based on time rather than wealth”.
Hanspeter Wolf, CEO and founder of Appway, will become FNZ’s CTO.
Both companies will be integrated into Moody’s KYC business within Moody’s Analytics.
The $100 million deal brings together the US and UK-based partners.
Abrdn had previously confirmed it was in talks to acquire the company in November.
The recruitment drive would take its total headcount to 4,000.
The company received its first bank licence as the sixth principal clearing bank of the UK.
The London-based company plans European expansion and product development.
Twig customers can turn their unwanted possessions into cash.
Vreugdenhil is leaving after almost two decades with ING.
Iceland’s largest bank will utilise Salt Edge’s international experience and compliance solution.
Over 90% of customer transactions are now carried out digitally, the bank says.
International expansion is planned for the niche London-based fintech.
“The payment card market is undergoing a huge transformation,” says BNP’s head of cards.
Russian bank buys controlling stake in self-employed contractor payment automation software specialist.
The provider is working with longstanding customer PSA Payment Services Austria.
Nobly POS software will be integrated with Revolut payment offerings internationally.
The cash will go towards enhancing Allica’s proprietary technology and client support.
The cloud-based implementation will replace multiple on-premise systems.
Funding round takes payments and expenses solution provider to $570m valuation.
London company completes busy first 12 months as it builds a capital markets solutions business.
The Dublin-based company will use the funding to extend country coverage and headcount.