ICYMI fintech funding round-up: Fundcraft, Volta, Swypex, SAVR and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Shibata has previously served as an MD at Morgan Stanley, JP Morgan, and Bank of America.
Chime is to also pay “at least $1.3 million in redress to harmed consumers”.
The digital payment and cash flow management solution is the result of Fiserv’s partnership with Melio.
The bank is to adopt Jack Henry’s core processing solution and digital banking platform Banno.
Submissions for the PayTech Awards USA 2024 are now open, with the entry deadline set for 12 July 2024.
Butler has served as an outsourced consultant for Nepsis for over a decade.
The firm will leverage Duco’s tech to “manage data effectively while reducing operational risk”.
Lloyds is aiming to boost its “developer experience, software quality, and speed to market”.
The credit union’s implementation of Mambu in Canada arrives in tandem with the UK launch of MV Solar.
SoFi Money – the unit targeted by fraudsters – was ultimately closed by the fintech in June 2022.
Beem Credit Union was launched by Gulf & Fraser and Interior Savings on 1 January.
The capability enables the platform’s users to transfer funds to any eligible Visa account globally.
The platform seeks to enable banks and credit unions to cultivate personalised digital experiences.
The bank was previously hit with a $348 million fine from the OCC and FRB in March.
The platform will support Libro with loan origination, customer onboarding and deposit account opening.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The investment adds to the $48 million raised during Securitize’s Series B funding round in 2021.
Larson previously spent over eight years at Canadian multinational information corporation Thomson Reuters.
The bank says it’s currently engaged in a “digital modernisation journey” for its SME clients and retail customers.
Glover has served as CRO of nCino since 2019, and became its president in 2021.
The firm will leverage Microsoft’s Azure AI services, including its AI Search and AI Document Intelligence functions.
Barclays was a bidder for the programme back in 2020 before Capital One eventually sold it to Goldman.
The firms expect the deal to be finalised in the first quarter of 2025.
The credit union is also converting its core system to Corelation Keystone.
Blend will use the cash to repay “all amounts payable” under its existing credit agreement.
Krishnan will also serve as a member of Vatic AI’s board of directors and will remain situated in Singapore.
Learn how to harness digital-first, on-demand banking to increase bottom lines.
The new system is powered by the open-source payment platform Mojaloop.
Kevin Chapman will succeed Renasant’s incumbent CEO Mitchell Waycaster in May 2025.
The new facility from Pollen Street Capital will support the lender’s future growth plans.
Solid will reportedly buy back FTV’s stake in the start-up in full, according to Fintech Business Weekly.
Fulton Bank will “assume substantially all of the deposits and purchase substantially all of the assets” of the bank.
Partially financed by Stifel Venture Banking, the deal marks Paystand’s second acquisition in two years.
The service will enable customers to transact USDC stablecoins via Solana, Ethereum and Polygon.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Zafin CEO Al Karim Somji will hand the reins over to former IBM Canada exec Charbel Safadi.
The new standalone company will act as an independent neobank offering environmentally sustainable products.
The new offering will also include deposit accounts and automation tools for bill payments.
The deal will also see VC firm Andreessen Horowitz become a shareholder in ComplyAdvantage.