Clearco raises $215m in Series C round led by SoftBank’s Vision Fund 2
Firm wants to boost its “founder-friendly” financing suite.
USA
Unit21 closes $34m Series B round led by Tiger Global
The firm says the new investment takes its total valuation up to $300 million.
Willa raises $18m in Series A funding to help freelancers get paid
The fintech claims to have 150,000 people on its waitlist.
VyStar Credit Union picks Nymbus to outfit online and mobile banking
The Floridian credit union has also invested in Nymbus’ CUSO project.
Karat Financial raises $26m in Series A funding round
The company offers business credit cards designed for digital creators and influencers.
Credit Suisse appoints Goldman Sachs veteran as new technology exec
Joanne Hannaford will join as chief technology and operations officer in January 2022.
ChangeFi CEO: “We have to be on the ground with our communities”
ChangeFi is looking to give “equal access to the American dream”.
Codat raises $40m in Series B funding round
The UK-based firm plans to expand its US presence and boost hiring.
Klarna signs merchant financing partnership with Liberis
Liberis will roll out its revenue-based solution in the coming months.
Housing fintech Tomo raises $70m in Seed funding
Tomo aims to “digitise the homebuying experience”.
Maroo launches in US to spread the cost of weddings
New fintech offers wedding payment plans for up to 24 months.
Orum lands $56m in Series B funding round
The firm claims it has now raised over $82 million in total.
JP Morgan to acquire fintech start-up OpenInvest
The US bank is looking to boost its ESG investment offerings.
FINRA orders Robinhood to pay $70m penalty for “false and misleading information”
The sanction is the largest financial penalty issued by the regulator.
JP Morgan Chase acquires 40% stake in Brazil’s digital challenger C6 Bank
Launched in 2019, digital bank C6 has more than seven million customers.
Digital mortgage platform Accept.inc raises $90m
US-based firm plans to expand its “iLender” concept.
ClearScore lands $200m investment from Invus
The UK fintech is looking to accelerate its global expansion.
Architecture heads at Deutsche Bank and JP Morgan leave months into their jobs
John Smith and Gavin Leo-Rhynie depart from major banks.
Fiserv shakes up execs with clutch of new C-level appointments
Guy Chiarello is COO, Suzan Kereere chief growth officer, and Adam Rosman rejoins the firm.
National Bank of Indianapolis shifts to Jack Henry’s Silverlake
Bank moves to Silverlake for commercial and small business, as well as adding online chat.
USAlliance Financial picks FIS Payments One to enhance card processing
New York-based credit union aims to boost credit and debit card ops.
Zest AI raises investment from Vystar Credit Union, First National Bank of Omaha
Los Angeles-based credit underwriting software specialist has gained $18 million in funding.
Cross River Bank acquires data analytics firm PeerIQ
The firm says its new acquisition will create a “comprehensive” suite of offerings.
Deutsche Bank partners Oracle to upgrade its IT systems
The bank is looking to modernise its database tech and accelerate its digital transformation.
Afterpay hires Mastercard exec Khoja to lead North American expansion
Zahir Khoja joins at a time of “rapid market expansion” for Afterpay.
Atom Finance raises $28m Series B round led by SoftBank
The firm plans to use the funding to fuel global subscriber growth.
Millennial home buying platform Lower lands $100m Series A led by Accel
The Ohio-based firm plans to use the funds to expand its product line and accelerate growth.
Australian fintech Zeller raises AUD 50m in Spark Capital-led investment
The round was closed in the week prior to Zeller’s launch last month.
US investment app Stash acquires financial literacy platform PayGrade
Stash plans to “quickly expand” its new acquisition.
Migrant banking start-up Majority raises $19m in seed funding
The firm offers a mobile banking service for migrants across the US.
Blockchain start-up Securitize lands $48m Series B round co-led by Morgan Stanley
US banking giant says “we believe in the growth and adoption of digital asset securities”.
Broadridge appoints Ray Tierney as new president of Itiviti
The firm signed a $2.5 billion deal to acquire Itiviti earlier this year.
Raisin lands first US partner bank with Dallas-based MapleMark
German fintech makes headway after 18 months of preparation.
BaaS start-up Unit raises $51m in Series B round
The company also announced the launch of its new service Unit Go.
Tennessee Valley Federal Credit Union picks Symitar for cloud-based core
Chattanooga-based credit union seeks expansion with new system.
US banking start-up Novo lands $40m in Series A round
It aims to use the investment to scale its banking platform for small businesses.
Republic Bank picks Fiserv tech to expand digital offerings
Republic Bank hopes the partnership will “revolutionise” its processing and payment systems.
Liberty Bank selects Payrailz payments tech in ongoing digital drive
Connecticut-based bank seeks “money movement experience”.
Splash Financial lands $44m in Series B funding round
The company helps borrowers compare financial products from a network of lenders.
AI-powered shopping app nate raises $38m in Series A round
The company has now raised $51 million in total.
