Migrant banking start-up Majority raises $19m in seed funding
The firm offers a mobile banking service for migrants across the US.
The firm offers a mobile banking service for migrants across the US.
The firm signed a $2.5 billion deal to acquire Itiviti earlier this year.
Svea exercised an option to increase its holding from 4.95% to 9.91%.
Arun Mani joins Pleo after a successful spell at software company Freshworks.
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New AmEx customers will “seamlessly connect” to their accounts.
Vilja wins another deal in its home country with challenger bank.
Joseph Edwin steps away from Nordic giant after many years leading major change.
The deal, which is pending regulatory approval, is expected to close by mid-May.
Hanson-Drury joins the Minna team from Dynata.
Swedish bank selects UK regtech firm to collate AML programmes.
Roll-out of Prosper has already started in Denmark.
Broadridge continues its M&A strategy apace.
Tickstar already serves Xero customers across Australia, New Zealand, and Singapore.
SEB to deploy Google services across wider segments of the bank.
Scandinavian bank aims to meet Finrep, Corep, AnaCredit, and SHSG requirements.
Featuring Klarna, Papaya Global, TaxBit, Beam Technologies, and Xendit.
Klarna claims its round was oversubscribed four times over.
The first stop along the way is a new product launch in Norway.
Lending to IKEA shoppers accounted for about a quarter of the bank’s total business.
A report says Klarna is currently working on a half a billion new share issue.
The finding extension was co-led by new Parisian investor Eurazeo Growth.
Holse says Tink is “leading the charge” in open banking across Europe.
The round arrives just seven months after its €20 million Series B extension in April.
The Information Commissioner’s Office (ICO) is investigating the claims.
Mitigram is a global trade finance platform designed for exporters, traders and banks.
The new venture is spearheaded by Christoffer Malmer, head of SEBx.
It has doubled its value which was previously set at $5.5 billion just over a year ago.
Klarna is looking to raise half a billion from a mixture of new and old investors.
SEK picks Commercial Loan Origination and FIS Ambit.
Profits have been slowly declining for the company.
Danish challenger bank claims to be pioneer with new service.
The firm plans an EU expansion in 2021.
Instantor employees a team of 26.
Sopra Banking Software serves roughly 1,500 banks and financial institutions.
The Swedish bank has roughly 6.2 million customers.
The Swedish bank failed to identify risk among its subsidiaries.
The Swedish company has also appointed Taraneh Derayati as its chief executive officer.
Offerings range to terms of up to 48 months.
The acquirer wants to boost revenues by 25%.