Nymbus lands $20m from Vystar Credit Union for new CUSO
Core banking vendor’s new project wastes no time in landing funding.
News
Video: fintech news pick of the week – HSBC, 11Onze, UK fintech funding & more
A top pick of stories from the world of finance and tech in video format, weekly.
Greenlight, Step and Current land “kids banking” industry collective $580m
Greenlight, Current, and Step all began with basic card-based offerings.
Blockchain compliance firm Securrency raises $30m in Series B round
The new injection will help Securrency’s expansion in the UAE and the US.
Brex closes $424m Tiger Global-led round at $7.4bn valuation
“We have all types of businesses now signing up for Brex,” says co-CEO.
BNPL firm Affirm acquires Returnly in $300m deal
More than eight million shoppers have used the online return service.
Clearing start-up Embedded Financial attracts $20m in seed funding
The new firm aims to take a modern approach to clearing.
Mantl closes $40m Series B funding round
The account-opening fintech aims to continue its rapid growth.
Fintech funding deals globally 19-25 April 2021
Featuring Alan, Deel, Chargebee, Classy, and Tamara.
HSBC launches first multi-asset index driven by AI and big data
AiMAX uses new and historical data to identify assets poised for growth.
Locality Bank picks Nymbus to power new digital-first community bank
The neobank in Florida is launched in response to the “rallying cries” of small businesses.
BMO Harris Bank teams with Hope Trust to trial services for special needs clients
Hope Trust is a tech-based planning service and trust administration platform.
What the Fintech? | S.2 Episode 9 | Keeping up with the Coredashians
EngKok Chong, chief digital officer at Infopro, joins us on this latest episode of the What the Fintech? podcast.
ICYMI funding round-up: Percent, Till Financial, Plooto, Nelo & more
More weekly funding deals which may have flown under your radar.
Deel hits unicorn status with $156m Series C funding round
The global payroll solution is now valued at $1.25 billion.
Webinar: Digital identity verification – reducing friction in online account opening
Hear industry experts discuss digital identity verification and the secret to digital account opening success.
Video: fintech news pick of the week – Santander, Starling & more
A top pick of stories from the world of finance and tech in video format, weekly.
PayPal to avoid Chinese competition with new cross-border wallet
US giant aims to create a bridge into China with its new service.
Square goes on hiring spree ahead of new banking product launches
Square is “building a suite of new financial products”.
MVB Bank snaps up majority stake in Indianapolis fintech Trabian
The value of the stake remains undisclosed.
Welcome Tech raises $35m in Series B funding round
The money will go towards expanding Welcome Tech’s portfolio of financial services.
It’s a matter of comms | Episode 4 | Funding
This week’s #itsamatterofcomms vlog features Hannah Forbes, founder of The Funding Crowd.
Digital Asset lands $120 million in Series D funding round
Digital Asset will use the money to grow its team by 50% this year and enhance its product portfolio.
Nymbus lands $15m fresh investment from Financial Services Capital
Core banking vendor has now landed $31 million from the investor.
Identity verification firm Veriff raises $69m in Series B funding round
Estonian identity firm plans to use cash to expand in the US.
Hospitality payment app Sunday raises record €20m seed round for Europe
The start-up claims to cut the costs for operators to 0.5% per transaction.
Signifyd raises $205m in Series E featuring FIS
Antifraud firm calls 2020 a landmark year in its history.
Hi55 Ventures, NTT DATA, Railsbank and Mastercard team up to reinvent payroll
The Hi card will give employees direct access to money they’ve earned in real-time, free of charge.
Mastercard acquires digital identity firm Ekata in $850m deal
Payments giant to combine Ekata with its own fraud and identity platforms.
Routable raises $30m in Series B funding to boost B2B payments
Seattle fintech nabs bumper round from a handful of angel investors.
Fintech funding deals globally 12-18 April 2021
Featuring Clearcover, Razorpay, The Zebra, Netstars, and Fintern.
UK challenger Starling lands £50m investment from Goldman Sachs
Starling now claiming to hold a 6% share of the UK SME banking market.
RTGS.global hires industry veteran Dave Sissens as new CEO
The full-service availability of the RTGS.global platform is expected later this year.
The SEC confirms appointment of Gary Gensler as new chair
Gensler joins as the Democrats gain a majority among the commissioners of the US Securities and Exchange Commission.
Robinhood calls Massachusetts regulator “elitist” for trying to revoke its licence
“The complaint reflects the old way of thinking,” says Robinhood.
Video: Top fintech stories this week – 16 April 2021
To stories from across the fintech world, featuring Coinbase, Pine Labs, Ozon and more.
ICYMI funding round-up: Cardlay, Revix, Numidia, Payable & more
A round-up of the funding you may have missed this week.
Better.com’s CPO accused of bullying days after $500m SoftBank investment
The CPO joined Better in 2017 from Goldman Sachs.
Coinbase IPO values hits $99.6bn valuation with shares up 52% on debut
Shares closed below $330, up a lesser 32%.
LA fintech Ensemble is helping divorced parents navigate their kids’ finances
App features range from organising one-off expenses, to saving for college tuition.
