Money transfer app Azimo acquired by payroll and payments firm Papaya Global
The acquisition follows Papaya Global’s $250 million Series D funding round last September.
News
Cross River lands $620m investment to fuel expansion
The round was led by Eldridge and Andreessen Horowitz.
RBC set to acquire UK wealth management firm Brewin Dolphin in £1.6bn deal
The deal is subject to shareholder and regulatory approval and is expected to be completed by Q3 2022.
Webinar: How to drive up digital completion rates with hybrid banking
Learn how to optimise the digital customer experience, merging the two worlds of digital and physical.
FinTech Futures: Top five stories of the week – 1 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Video: SmartStream on the use of AI and ML for regulatory alignment and transaction reporting
FinTech Futures chats with Jethro MacDonald, product manager at SmartStream.
US fintech Mosaic secures $25m Series B funding
The Mosaic platform was launched in 2019 and is designed to ‘reboot’ financial planning and analysis.
Modern Treasury lands $50m in Series C extension
The extension brings the company’s total Series C funding to $135 million.
Apollo Fintech taps ThetaRay for Sonar AML monitoring tech
Apollo Fintech will deploy Sonar on its new bank-to-bank payments service Knox Wire.
ICYMI fintech funding round-up: Archie, Dapio, Finary, Jia Finance, & Zimpler
Our weekly fintech round-up for you to get the latest funding news from around the world.
White paper: State of customer experience in financial services
Insight on the shifts driving the CX priorities and practical information on how best to address them.
White paper: Next-level digital transformation in banks
How to transform the customer banking experience to compete in today’s always-on digital economy.
What the FinTech? | S.3 Episode 4 | Risk, resilience and regulations
In this episode, we’re joined by Wayne Scott, regulatory compliance solutions lead at NCC Group.
Goldman Sachs snaps up retirement robo-advisor NextCapital
The transaction is expected to be completed in the second half of 2022.
Help us make Streamly video platform better!
Streamly is a new video platform for fintech practitioners, offering specialist video content.
Video: Morgan Stanley at Finovate Europe 2022 – driving financial inclusion
FinTech Futures chats with Morgan Stanley’s Sanghamitra Karra about the importance of financial inclusion.
Medius snaps up US-based invoice payments specialist OnPay
The deal will see Medius open a new corporate office in Q2 2022 in Jacksonville, Florida.
Digital banking solutions provider Alkami buys data insight fintech Segmint for $135.5m
Alkami intends to integrate Segmint’s machine learning tech with its digital banking capabilities.
New US banking app Swell set to launch in summer
Launching in June, the app combines checking, credit and more into one integrated account.
Shortlist announced for Banking Tech Awards USA 2022
Congratulations to all of this year’s finalists.
Tech giant Apple snaps up UK open banking firm Credit Kudos
Credit Kudos leverages machine learning to provide lenders an alternative to traditional credit scores.
Capital markets fintech Capitolis raises $110m Series D funding
Former UK chancellor George Osborne has joined the company’s board.
PayPal hires IT veteran Archana Deskus as EVP and CIO
Deskus joins PayPal from tech titan Intel, where she served as senior vice president and CIO.
FinTech Futures: Top five stories of the week – 25 March 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Construction focused US fintechs CoFi and Handle raise funding
CoFi and Handle have raised $7 million and $10 million, respectively.
Mizuho partners Google Cloud to power digital transformation
MFG says it is working with Google Cloud to deliver on the evolving needs of its customers.
US start-up Ramp reaches $8.1bn valuation with fresh $750m funding
Ramp’s raise included $200 million in fresh equity funding and $550 million in debt financing.
Expense management platform Jeeves raises $180m Series C funding
The Series C comes just seven months after the company’s $57 million Series B funding round.
White paper: Three ways to improve branch performance with workforce optimisation strategies
Ensuring that your branch workforce is optimised is an essential part of managing today’s challenging banking environment.
Banking app Dave partners FTX US to explore crypto payments
The partnership will see FTX Ventures, the venture fund arm of FTX Trading, invest $100 million in Dave.
What the FinTech? | S.3 Episode 3 | Lending a hand
In this episode, we’re joined by Bill Verhelle, CEO and founder of QuickFi.
Finovate Europe 2022: fintech investment trends – where’s the smart money going?
Investment professionals from Citi Ventures, Albion VC and Finch Capital discussed the ‘next big thing’ in fintech.
Glia passes $1bn valuation with latest $45m funding round
Glia, a New York-based digital customer service specialist, has raised $152m to date.
Saphyre secures $18.5m in Series A from HCAP, J.P. Morgan and BNP Paribas
Saphyre’s AI-enabled platform is intended to improve pre- and post-trade data and processes.
E-commerce paytech Reach lands $30m growth investment
The round, led by Vistara Growth, saw participation from Bluesky Equities, Tribune Capital and Rising Tide.
B2B payment specialist PayTrace acquired by North American Bancard
The US’s sixth largest independent acquirer has snapped up the long-standing merchant gateway specialist.
Fintech start-up Stilt secures $114m in debt and equity funding
The firm raised $14m in a Series A funding round and secured a new $100m debt facility.
Better Business Faster Virtual Summit – 29 March 2022
FullCircl held its Better Business Faster Virtual Summit on Tuesday, 29 March 2022.
BNPL platform ChargeAfter raises $44m Series B
The Series B brings the company’s total amount raised to date to $60 million.
USAA hit with $140m fine from FinCEN for Bank Secrecy Act violations
USAA admitted to failing to accurately report in a timely manner thousands of suspicious transactions to FinCEN.
