UK fintech Rapyd snaps up PayU GPO in $610m deal to boost global expansion
PayU says the sale will allow it to focus on “the huge fintech opportunity” in India.
PayU says the sale will allow it to focus on “the huge fintech opportunity” in India.
The deal follows GBST’s acquisition of WealthConnect, the Salesforce-based CRM solution, in May.
The San Marino-based fintech will deploy Finastra’s SaaS solution for high-value corporate payment processing.
ThetaRay currently engages around one billion end users and monitors over 15 billion transactions per year.
CTB will utilise the Temenos Banking Cloud to replace its legacy core systems and move to a SaaS model.
The capital will be used to accelerate its growth in Mexico and fuel its international expansion plans.
The round was led by Intel Capital, with participation from new investor Allianz Life Ventures, and existing investors.
Mambu’s cloud technology and Knowit’s loan origination solution are to support the SPK’s housing loan offering.
Real-world examples and practical insights on how to harness the power of cloud native observability.
There’s a direct correlation between the rate of a bank’s digital transformation and its ability to win and retain customers.
Leavy joins the company following a decade-long stint at US financial services firm SEI.
The deal marks Corlytics’ second acquisition of the year after buying ING SparQ in January 2023.
The transaction is expected to close soon following customary regulatory approvals.
SaaS and generative AI are compelling the industry to concentrate on what users see and do.
Demystifiying the rationale behind Starling’s strategic shift to Banking-as-a-Service (BaaS).
A handy round-up of the recent funding endeavours of fintech companies across Europe.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Keytrade Bank chose Infosys Finacle due to its “worldwide expertise, implementation plan and price offering”.
Dispelling the myths and looking at the business benefits and cost savings of moving to open source.
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Lentra plans to use the new funds to fuel its international expansion and product development.
Ikano Bank’s pan-European accounts, deposits, and unsecured retail lending will be consolidated on TCS Bancs.
CardFlight is a New York-based point-of-sale (POS) solutions provider.
Mambu’s chief technology officer (CTO), Fernando Zandona, will be taking over as interim CEO.
Soni joins from mobile payments platform TPAY Mobile, where he served as chief operating officer (COO).
The project will be delivered as a Software-as-a-Service (SaaS), ERI says.
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Boden will remain on the board as a non-execu director, with COO John Mountain taking over as interim CEO.
The funding will be used to accelerate the adoption of OpenFin’s software across the financial services industry.
The round takes the Restaurant365 valuation to over $1 billion.
Percent will use the funding to further develop its platform and propel its next phase of growth.
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Over one-third of all UK building societies now use Jade ThirdEye’s tech to fight financial crime.
The company will deploy Finastra’s Essence and Retail Analytics offerings.
The acquisition is the fourth for TAS Group since July 2022.
Cover story: EVERYTHING, EVERYWHERE… but is all at once the answer?
Our weekly fintech round-up for you to get the latest funding news from around the world.
Onkar Inamdar joins as head of engineering and Syam Chintapenta as chief development officer.
Fenergo says the new hires will play a “pivotal role” in driving its global expansion and SaaS strategy.