bankingtech.com 2021-04-21 16:00 Nymbus lands $15m fresh investment from Financial Services Capital US-based banking technology provider Nymbus has landed $15 million in new... bankingtech.com 2021-04-21 15:30 Identity verification firm Veriff raises $69m in Series B funding round Estonian identity verification firm Veriff has raised $69 million in Series B... bankingtech.com 2021-04-21 15:00 Signifyd raises $205m in Series E featuring FIS Fraud protection firm Signifyd has raised $205 million of Series E growth equity in a funding round led by Owl Rock Capital. Signifyd has... bankingtech.com 2021-04-21 14:00 Development Bank of Wales picks EQ Credit Services for lending The Development Bank of Wales has signed up EQ Credit Services to help provide...
bankingtech.com 2021-04-21 13:30 Mastercard acquires digital identity firm Ekata in $850m deal Mastercard announced the acquisition of digital identity verification firm Ekata for $850 million. The deal is Mastercard’s first acquisition of 2021 Seattle-based Ekata uses insights to deliver unique scores, data...
bankingtech.com 2021-04-20 14:30 SAP spins out financial services operations in deal with Dediq German multinational software firm SAP is spinning out its financial services division, handing control over to new partner Dediq. SAP takes a 20% stake in the new unit Pending regulatory approval, the deal will see the...
bankingtech.com 2021-04-20 14:00 Routable raises $30m in Series B funding to boost B2B payments Business-to-business (B2B) payments firm Routable has raised $30 million in a Series B funding round. Routable has raised $46m in total Leading the round are investors and brothers Sam and Jack Altman. Sam is CEO of...
bankingtech.com 2021-04-20 13:30 Hana Financial Group completes cloud migration with Oracle South Korea-based Hana Financial Group (HFG) has completed “a large-scale migration” of “mission-critical applications” to the public cloud with Oracle. Oracle says it beat major cloud vendors to the deal The...
bankingtech.com 2021-04-19 15:30 RTGS.global hires industry veteran Dave Sissens as new CEO Real-time cross-border liquidity firm RTGS.global has appointed Dave Sissens as its new CEO. Sissens worked for 20 years at settlement firm CLS The network says Sissens will drive “an accelerated commercial strategy...
bankingtech.com 2021-04-19 15:00 The SEC confirms appointment of Gary Gensler as new chair The US Securities and Exchange Commission (SEC) has confirmed the nomination of Gary Gensler as its new chairman. The Democrats hold a 3-2 majority among SEC commissioners Gensler was picked for the role by US President...
bankingtech.com 2021-04-19 14:30 Lending start-up Fintern raises £32m in equity and debt funding London-based start-up Fintern has raised £32 million in equity and debt funding from Varengold Bank and a collection of angel investors. The round is Fintern’s first since launching last year The new round provides...
bankingtech.com 2021-04-16 20:50 ICYMI funding round-up: Cardlay, Revix, Numidia, Payable & more With the fast-paced nature of the fintech world sometimes it’s easy for announcements to slip by. Here at FinTech Futures we’ve put together an In Case You Missed It (ICYMI) list of our funding picks this...
bankingtech.com 2021-04-16 15:00 Kiwi payments start-up Dosh selects Software Group New Zealand-based financial services start-up Dosh has picked Software Group as its launch technology partner. Dosh is New Zealand’s first local mobile wallet Dosh is the first local mobile wallet in New Zealand. It...
bankingtech.com 2021-04-16 14:30 Pine Labs acquires digital payments start-up Fave in $45m deal Consumer fintech Fave has been acquired by India-based merchant commerce firm Pine Labs in a deal valued at over $45 million. Pine Labs provides terminal hardware and software to merchants Fave, which is active in...
bankingtech.com 2021-04-16 14:00 MUFG wealth management arm deploys InvestCloud in Japan InvestCloud has deployed its wealth management platform at Mitsubishi UFJ Morgan Stanley Securities (MUMSS). InvestCloud says the deal reflects its “substantial investment” in Japan MUMSS is the wealth management,...
bankingtech.com 2021-04-15 14:30 TSB taps ApTap to help customers manage bills UK bank TSB has signed a partnership deal with local billing fintech ApTap to help customers manage their subscriptions. ApTap says users can change suppliers in “five minutes” The deal follows a trial period...
bankingtech.com 2021-04-15 14:00 Blockchain firm ConSensys raises $65m from major banks Enterprise blockchain firm ConSensys has raised $65 million from major banks including JP Morgan, UBS Group, and BNY Mellon. ConSensys has had a busy last 12 months The firm, started by Ethereum co-founder Joe Lubin,...
bankingtech.com 2021-04-14 17:30 Dear Luc: To give my customers cards I just need an issuer – right? In Dear Luc, we answer the questions the industry’s fintech founders are too afraid to ask, and solve the problems they don’t want their VCs to know about. From regulation readiness to technology teething...
bankingtech.com 2021-04-14 16:00 Russian e-commerce giant Ozon acquires Oney Bank in $10m deal Russian e-commerce firm Ozon is expanding into traditional financial services with a $10 million acquisition of compatriot Oney Bank. Sovcombank bought Oney from Auchan Group in January Ozon, which ranks as one of...
bankingtech.com 2021-04-14 15:30 Railsbank reunites Currencycloud founding team with John Hammond hire Banking-as-a-Service (BaaS) provider Railsbank has appointed John Hammond as its new chief commercial officer (CCO). Railsbank says it has “brought the band back together” Hammond, the former CCO of Currencycloud,...
bankingtech.com 2021-04-14 15:00 Auxmoney secures €250m in debt financing from Citi and Chenavari Auxmoney, a European digital lending platform for consumer credit, has secured €250 million in investment from Citigroup and Chenavari Investment Managers. The firm is planning further partnerships in 2021 Auxmoney is...
bankingtech.com 2021-04-13 16:00 KeyBank launches digital bank for doctors with new brand Laurel Road US lender KeyBank has launched a new brand catering solely to medical practitioners: Laurel Road for Doctors. KeyBank acquired Laurel Road in 2019 KeyBank acquired student loan refinancing brand Laurel Road in 2019....
bankingtech.com 2021-04-13 15:30 Mobiquity hires former BNP Paribas COO Howard Moore Digital services firm Mobiquity has hired former BNP Paribas chief operation officer Howard Moore to spearhead a global expansion strategy. Moore will lead a global expansion for Mobiquity Moore arrives at Mobiquity as...
bankingtech.com 2021-04-13 15:00 MyLife MyFinance goes live on cloud hosted Temenos technology Australian bank MyLife MyFinance has completed its implementation of a Temenos digital banking solution in the cloud. Temenos says the Aussie bank can now focus on new products Temenos says the new “front-to-back...
bankingtech.com 2021-04-12 17:19 Innovate Finance CEO Crosswell steps down Innovate Finance CEO, Charlotte Crosswell, is stepping down from her position from next month. Janine Hirt steps in as new CEO at the start of May Crosswell joined the industry body in 2017, and the group says she has...