Canada’s TD Bank snaps up First Horizon for $13.4bn in US expansion push
The combined entity will become a top six US bank, serving 10.7 million customers across 22 states.
The combined entity will become a top six US bank, serving 10.7 million customers across 22 states.
This brings total funds managed by CommerzVentures to €550 million.
Finch boosts users’ credit score by reporting spending to US credit bureaus Equifax, Experian and TransUnion.
BNY Mellon is building a multi-asset digital custody and admin platform for traditional and digital assets.
“We represent a third wave in database technology,” says CEO Bob Van Luijt.
Tyl by CIBC is a digital-first payment acceptance and merchant services platform for Canadian SMEs.
Microsoft says financial services organisations need to become more digital to meet customer demands.
Our weekly fintech round-up for you to get the latest funding news.
Zurich-based Squirro has raised $4m in equity funding from capital investment firm BuildGroup.
Pipe claims to be “the creator of the world’s first trading platform for recurring revenues”.
Start-up Baton “has built a unique, innovative B2B invoice payments network”, TreviPay says.
CEO Alex Mifsud says Weavr shortens the time it takes to launch embedded finance solutions.
OCR Labs has raised $46 million through its combined Series A and B.
Clickatell says chat is the largest digital platform in the world, with 7.7 billion users.
Founded in 2004, California-based TORA offers cloud-based trading technology solutions.
Beyond Identity’s total funding to date reaches $205m and propels its valuation to $1.1bn.
Community Spirit Bank has five branches throughout northwest Alabama and northeast Mississippi.
“Payactiv invented EWA to free the American worker from the two-week pay cycle,” states CEO.
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Technisys’ shareholders will receive 84 million shares of SoFi common stock worth $1.1 billion.
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The money will be used to expand across continental Europe and the US.
Visa says the agreement includes “a joint commitment to collaboration on new product and technology initiatives”.
Featuring Neon, Flutterwave, RapidRatings, Spotter and Genesis.
ViaBill’s funding round was led by London-based Fasanara Capital.
Denmark-based Ageras is “poised to become one of Europe’s next unicorns”, investors say.
Our weekly fintech round-up for you to get the latest funding news.
A handy round-up of the recent funding endeavours of three US start-ups in the fintech space.
Dusi joins Revolut from US-based lender Happy Money, where he spent eight years.
SC Ventures says TASConnect will unlock “significant value” for organisations.
The mobile banking platform has been built by H&R Block and launched on 20 January 2022.
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Concentra Bank, including Concentra Trust and Wyth Financial, will join Equitable.
The transaction is expected to close in Q4 2022.
Genesis’ new round of $200 million in financing was led by Tiger Global Management.
Order2Cash is a B2B order-to-cash platform provider in the Netherlands.
The Atlanta-based Payrix provides embedded payment solutions for Software-as-a-Service verticals.
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