Swiss neobank Entris selects Bottomline for digital-first payments upgrade
Entris is looking to future-proof its operations ahead of the introduction of instant payments in Switzerland.
Software-as-a-Service/SaaS
SaaS financial data platform Canalyst secures $70m Series C investment
Canalyst says it wants to be “the new fundamental dataset of record”.
De novo Agility Bank opts for Numerated’s loan origination platform
Numerated’s SaaS loan origination platform will support Agility’s business banking products.
Allica Bank selects core banking tech from start-up SaaScada
SaaScada’s tech will support Allica Bank’s new product range for SMEs.
SaaS tech start-up financing platform Arc lands $161m investment
“We’re on a mission to help start-ups grow,” says Arc co-founder and CEO Don Muir.
Levenue acquires fellow Dutch financing platform Requr
Fintech says acquisition will make it the “go-to funding solution” for European subscription-based businesses.
Core banking solution provider Topaz acquires majority stake in Cobiscorp
The acquisition is set to expand the firm’s footprint across the Americas.
The state of the API economy
The has been a significant shift away from viewing APIs merely as developer-led internal bits of technology.
German fintech re:cap secures $111.5m seed round to launch financing platform
Funding is made up of a combination of growth capital and liquidity for its revenue-based financing platform.
Russian digital bank Tinkoff taps Finastra for Asian expansion
Finastra’s Fusion Essence Cloud solution will power the bank’s planned subsidiary in the Philippines.
KAF taps Temenos to launch digital lending business in Malaysia
KAF will use Temenos Banking Services for retail loans and Islamic financing.
Supply chain specialist Tradeshift raises $200m in funding and debt
Tradeshift aims “to connect every company in the world, creating economic opportunity for all”.
How fintech is driving the new age of retail agility
With digital transformation driving change in the retail industry, here are some important trends to bear in mind.
Mambu valued at €4.9bn after bumper €235m Series E round
The round is the largest private fundraise for a banking software platform to date.
Brewin Dolphin goes live with Avaloq’s core banking system
One of the UK’s largest wealth managers has gone live with new SaaS-based core.
$140m Series E funding takes Expel valuation to over $1bn
The US-based detection and response (MDR) provider has secured $258 million in financing to date.
FinTech Futures Jobs: Three exciting open roles at OakNorth to apply for
Exciting open vacancies at OakNorth. Apply today!
Drata achieves unicorn status following $100m Series B
Drata intends to triple its workforce within the next year.
Wealth infrastructure API platform Atomic raises $25m Series A funding
The San Francisco-based company will add scale and headcount with funding round.
Standard Chartered taps SAP for SaaS banking connectivity solution
SAP Multi-Bank Connectivity will enhance the transactional banking experience for corporates, the bank says.
Data governance platform Collibra valued at $5.25bn following $250m Series G
New York-based firm plans to use the cash for product development and global expansion.
UK neobank Monument given green light to launch by FCA and PRA
The neobank landed an authorisation with restriction (AWR) banking licence in October 2020.
Climate tech SaaS start-up Persefoni raises $101m in Series B round
Carbon footprint calculator Persefoni wants to be the first “ERP for carbon data”.
What the FinTech? | S.2 Episode 22 | Let’s talk about SaaS
Michel Breeuwer, general manager for the Benelux and Baltics at Mambu, joins us on this week’s episode of the What the FinTech? podcast.
FinTech Futures Jobs: Three really great jobs to apply for this week
Exciting vacancies at OakNorth, Deloitte and Oracle. Apply today!
ICYMI funding round-up: Chip, Multiverse Computing, Kevin, APLYiD & more
Another collection of funding rounds and raises from all over the world you might have missed.
Indian tax fintech Clear secures $75m to capitalise on country’s digitisation
The e-filing company will also broaden its offering to people and businesses.
Indonesia’s Bank INA taps Mambu for cloud banking services
The bank says its pivot to digital will allow it to cater to the underserved and unbanked.
Sibos 2021: Major appliance manufacturer picks SmartStream for data reconciliation
Fisher & Paykel selects SmartStream Air to automate its currently manual reconciliation processes.
VoxSmart acquires speech recognition platform GreenKey
Firm aims to bolster its communications surveillance offering for financial institutions.
OracleFS exec questions staying power of new cloud-focused competition
Conor Colleary says banks must ask if their partner can embrace new changes.
Bahrain’s Bank ABC taps Fenergo for client management solution
Bank ABC operates across the Middle East, North Africa, Europe, the Americas and Asia.
Fintech Spenmo raises $34m in Series A round
The round was oversubscribed by a multiple of five, making it Singapore’s largest Series A round to date.
Deutsche Bank boosts online payments with Better Payment acquisition
Deutsche Bank’s acquisition will expand its product range and market share in online payments in Germany.
Regtech start-up PassFort lands $16.2m Series A funding round
PassFort intends to use the money to expand internationally.
FortisPay boosts commerce offering with OmniFund acquisition
The acquisition follows deals for EpicPay and Change Merchant Systems in June.
DevOps platform Copado lands $140m funding
The firm plans to use the cash raised to expand its testing software.
Irwin secures $20m in Series A funding round led by K1
The investment will help further the fintech’s mission to upgrade the capital markets software offering.
Global Payments to acquire MineralTree in $500m deal
The acquisition will expand Global Payments’ B2B offering.
China Bohai Bank taps Bairong for AI-powered digital upgrade
China Bohai Bank will utilise Bairong’s fraud and loan monitoring systems.
