Regions Bank selects Temenos for customer deposit system modernisation
Modernising the bank’s core systems “paves the way” for continued, sustainable growth, Regions says.
Software-as-a-Service/SaaS
US Bank partners Kyriba for real-time business payments solution
US Bank and Kyriba clients can now send instant payments to vendors, customers and employees.
Vemanti taps Finastra to power new SME neobank in Southeast Asia
Vemanti will deploy Finastra’s Fusion Essence solution, with plans to launch initially in Vietnam.
ICYMI fintech funding round-up: Wingspan, Monite, Fundpath and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Lebanese start-up Purpl launches digital wallet offering powered by Mambu
The fintech selected banking tech vendor Mambu to power its products last summer.
Dominican Republic’s first neobank launches on Temenos Banking Cloud
Qik’s CEO says they chose Temenos owing to its “successful track record” across Latin America.
Bloomberg to acquire fintech solutions provider Broadway
Bloomberg says Broadway’s solutions “will fill a gap” in its product portfolio.
ICYMI fintech funding round-up: NX Technologies, Growfin & more
Our weekly fintech round-up for you to get the latest funding news from around the world.
UK fintech funding round-up: Yoti, Ramp, SteadyPay & Ocula
A handy round-up of the recent funding endeavours of fintech companies across the UK.
UAE’s Mashreq Bank taps i2c for digital payment capabilities
Through the partnership, Mashreq will leverage i2c’s SaaS platform to offer digital payments.
Trading Technologies acquires fixed income trading platform AxeTrading
The acquisition, for an undisclosed sum, will broaden TT’s multi-asset capabilities.
French fintech Aria bags €50m debt facility
Founded in 2020 and based in Paris, Aria offers an API-led B2B financing solution.
Canadian insurance and investment fintech Equisoft lands $125m in funding
The funding saw participation from new investors Investissement Québec and the government of Québec.
Quantifind bags $23m in funding to help firms combat financial crime
Quantifind’s SaaS solutions help banks and financial institutions tackle money laundering and fraud.
US paytech Pagos lands $34m in Series A funding
With the funds, Pagos plans to expand its engineering team and develop its product suite.
Business spend management firm Medius names Henrik Rosén as CTO
Rosén will be tasked with further developing Medius’ existing product suite as well as delivering new products.
Mizuho International taps SymphonyAI to help fight financial crime
Mizuho will use SymphonyAI Sensa to boost AML protection within its European capital markets division.
Indian SaaS fintech Mintoak bags $20m in Series A funding
PayPal Ventures led the funding round, with new and existing investors also participating.
Baiduri Bank taps Finbots.ai to modernise credit risk management
The partnership makes Baiduri the first bank in Brunei to migrate to an AI-led credit risk management solution.
Ghana’s Fortek partners Codebase for Digibanc platform
It is hoped the partnership will “accelerate digitisation” and boost entrepreneurship in Africa.
ICYMI fintech funding round-up: Fierce, Wisor AI, Cenoa & Habitto
Our weekly In Case You Missed It (ICYMI) funding round-up for you to get the latest funding news.
US fintech funding round-up: Wink, Blip, Upwardli and Inkle
A handy round-up of the recent funding endeavours of fintech companies across the US.
Europe fintech funding round-up: Kennek, Mazepay, Uniify and Snab
Our weekly fintech round-up for you to get the latest funding news from around the world.
The Bank of London bags $40m in Series C extension
The round was co-led by Mangrove Capital Partners and 14W Venture Capital.
Canada’s Jobber secures $100m in Series D funding round
Jobber’s SaaS solution enables small businesses to accept credit card payments and send invoices.
US start-up Finley secures $17m in Series A fundraise
The round was led by CRV with participation from both new and existing investors.
Banking Tech Awards 2022 Winner: Temenos – why the “service” of SaaS matters more to banks
Those who underestimate the value banking execs place on a trusted, lasting service will get left behind in the big banking SaaS bang.
Leeds Building Society embarks on major tech & ops transformation
The UK’s fifth largest building society looks to replace core tech and hire more tech staff.
Data management platform Finbourne lands £30m debt facility with Kreos
The debt facility constitutes an extension to Finbourne’s Series A funding held in April 2021.
B2B BNPL platform Tranch raises $100m in debt and equity
$5 million have been raised in equity while the rest – $95 million – have been taken on as debt.
Aussie start-ups Alii and Bloom raise funds
Alii and Bloom Impact Investing, two start-ups based in Brisbane, have reported cash injections.
Cognizant names former Infosys president Ravi Kumar as new CEO
Kumar succeeds Brian Humphries, who will remain at the firm until 15 March to facilitate a “smooth transition”.
Temenos in leadership shake-up as CEO and chairman step down
Under the new leadership, Temenos says it will focus on SaaS opportunities, including in the US.
Fintus acquires fellow German fintech Finstreet
The acquisition follows an investment from AnaCap Financial Partners into Fintus.
Workday appoints Sequoia Capital’s Carl Eschenbach as co-CEO
After January 2024, it is expected that Eschenbach will take up sole CEO responsibilities.
European fintech Novicap bags €200m debt facility from Fasanara Capital
Novicap will use the funding to accelerate its growth, boost its credit portfolio and develop new solutions.
New UK bank Ashman live with Mambu’s core banking tech
Once fully launched, Ashman will serve SMEs in the UK’s commercial real estate sector.
Broadridge names Martin Koopman as new chief product officer
In his new role, Koopman will head up the product management team across all of Broadridge’s business units.
India’s Cred set to acquire SaaS start-up CreditVidya
Following the acquisition, Cred and CreditVidya will continue to operate independently.
ClearBank taps ThetaRay for cloud-native Sonar AML solution
ClearBank will utilise ThetaRay’s tech for AML monitoring, providing flexibility as it scales.
