US fintech Teampay secures $47m in Series B funding
The fresh funding brings Teampay’s total capital raised to $65 million.
The fresh funding brings Teampay’s total capital raised to $65 million.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The transaction is expected to complete in late 2023.
The firm is laying off 1,100 employees in order to “adapt to current market conditions”.
The latest round brings the total capital raised by the challenger to $88 million to date.
The not-for-profit association is looking to work with policymakers in a “whole-of-government” approach.
The Banking Tech Awards 2022 winners will be revealed on 1 December at a ceremony in London.
The new offering is built on InvestCloud’s Find My Advisor technology.
The bank’s business clients can now generate professional invoices with an integrated ‘pay now’ button.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The new cash takes its total Series B funding to $125m following a $90m raise earlier this year.
A handy round-up of this week’s fintech funding news from around the world.
Williams was formerly CTO at Monzo where they helped scale the engineering and data team by 500%.
Bloomberg reports that the cuts to the workforce are expected to be staggered.
Together, Quantifeed and Alpima will create “a world-class technology platform”.
Pipe’s three co-founders are all set to move into new positions at the firm.
Both defendants appeared in court in Tallin and are being held pending extradition to the US.
The firm launched its app in September offering checking and savings accounts.
Featurespace is developing an AI-powered system to help banks and PSPs detect financial crime.
The firm claims it has seen “rapid growth” in the US and has tripled its revenues over the last 12 months.
Brent Coles joins as chief financial officer while Suresh Kumar is Onbe’s new chief technology officer.
NCR will upgrade, connect and run Santander UK’s network of more than 1,700 ATMs.
Whiting will join Mercury Financial from Barclays where he served as head of strategy for the Americas.
From February 2023, current CEO Alfred Kelly will become executive chairman of the board.
With the initiative, Klarna hopes to accelerate innovation in the development of open banking use cases.
The integration will provide a fully digital checkout experience for Indian students to make transactions.
“This report lays out actions that would maintain fair, transparent, and competitive markets,” says Janet Yellen.
At Delio, Burleton will help shape the fintech’s operating model as it looks to expand internationally.
The funds will be used towards WeGift’s growth, key hires, and adding new features.
Jeff von Gillern, US Bank’s vice chair of technology and operations services, will retire next year.
US banking heavyweights will explore the feasibility of a DLT-powered interoperable digital money platform.
Both firms will share technology and best practices, as well as jointly develop new products and services.
On its website, Nirvana Money says all accounts will be closed on 1 December 2022.
Ecountabl indexes data on more than 10,000 companies, analysing their ESG performance.
SurePrep is expected to generate approximately $60 million of revenue in 2022.
Hamsa will offer a recurring investment product with regular payments, designed for women.
The solution is currently in the pilot stage with a rollout expected sometime in 2023.
The firm says it will use the fresh funding to enhance its platform and fuel its growth.
Here’s our pick of five of the top news stories from the world of finance and tech this week.