National Bank of Greece deploys Infosys Finacle core banking system
The deployment forms part of the bank’s core banking replacement project ‘Cosmos’.
The deployment forms part of the bank’s core banking replacement project ‘Cosmos’.
The round was led by Canapi Ventures and builds upon the company’s $50m Series B from 2020.
With the new facility, Iwoca plans to meet the “growing demand” among SMEs for working capital.
Brown is due to depart the Michigan-based online bank on 31 January 2024.
NMI provides payment gateway and processing solutions to businesses looking to diversify their payment methods.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The consortium consists of funds and accounts managed by KKR, Bayview Asset Management and CardWorks.
The bank wants to “make it easy for Arizona businesses to get the capital they require for growth”.
The increase builds upon a £165 million deal made with BNP Paribas and M&G Investments in July.
Alba Bank says the migration will enable it to build products at speed to meet evolving market demands.
Watch this video for an in-depth look at The Greenlend Project.
We explore how Banca AideXa uses artificial intelligence (AI) and open banking to revolutionise online financing.
Carlesi is to depart Molo, which she has led since its inception in 2018, on 25 November 2023.
Flooss is adopting Tarabut’s Income Verification product, enabling direct access to customers’ income information.
Bendras finansavimas, the operator of Savy, is expected to utilise all of Amlyze’s core modules.
Its merger with NESFB will see Slice transition into a small finance bank.
The round also saw participation from existing investor SBI Holdings, and succeeds the platform’s $23.5m Series C.
The plan succeeds the bank’s merger with PacWest Bancorp in July, combining assets valued at $36.1 billion.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Keebo applies open banking data in its credit decisioning process to lend to those with thin or limited credit histories.
The recapitalisation comes after the Canadian growth capital firm carried out significant job cuts over the last year.
Take a look at the 2023 Banking Tech Awards finalists!
The reforms will take effect from 1 October 2024 and will incur a four year transition period.
The round also saw participation from existing investors Valar Ventures and Nazca Ventures.
At Sibos 2023, we caught up with Axefinance CEO Dhafer Berrachid and CCO Chris Kneen.
Our weekly fintech round-up for you to get the latest funding news from around the world.
The equity investment comes from IAG Silverstripe and the lender’s existing backers.
Kamma’s tech will provide a “deep review” of the climate impact of Atom’s mortgage and lending activities.
The round consists of $50 million in debt funding and $12 million in equity.
Funding Societies will channel the funding into its financing solutions to support SMEs in its five operating regions.
According to the Financial Times, Solaris is looking to raise €100m to fulfil its credit card deal with ADAC.
Following the completion of the sale, Bluestone intends to increase its focus on its fintech business Fignum.
Utu acquired the Singapore-based lifestyle app in June following its $33 million Series B.
It will position itself as a retail bank offering digital financial services to boost financial inclusion in Pakistan.
The additional cash brings Curve’s total Series C funding to over £133 million.
Audax has been designed to help banks and financial institutions accelerate their digital transformation.
The financing will be used to redeem existing debt, expand lending operations and accelerate Fleximize’s growth.
The new facility will help ThinCats support lending of up to £696 million to mid-sized businesses in the UK.
HSBC previously invested $10 million in Nova Credit’s Series B round in September 2022.
The deal marks another step in Finbots.AI’s push to scale across APAC.