July 2024: Top five fintech funding rounds of the month
FinTech Futures takes a look back at five of the top funding rounds to take place over July.
Keep your finger on the global fintech pulse with the latest news.
FinTech Futures takes a look back at five of the top funding rounds to take place over July.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures takes a look back at five of the top fintech partnership stories of the month.
Our pick of the top fintech news stories this week includes Revolut, UniCredit, Modulr and more.
Former AQMetrics exec Steve Barnes has been named as the group’s new chief technology officer.
Profile says Cash Plus was able to go live with its cloud-based solution in “an extremely short time period”.
Fortis says it has a “robust pipeline of feature enhancements” prepared for the division.
Tuttle has spent the last 17 years in leadership roles at the NYSE and its parent, Intercontinental Exchange.
Zopa will utilise D•One’s tech for “open banking connectivity and transaction categorisation intelligence”.
TigerBeetle plans to invest in engineering as it looks to double the size of its team by the end of the year.
Covaliu will lead PayU GPO’s security, compliance, privacy and risk units.
Revolut has been in pursuit of a UK banking licence since 2021, when it first lodged its application with the PRA.
In 2023, the alternative lender financed over €27 million in small business loans.
Sokin says the deal will “accelerate its product growth plans and further global expansion”.
The start-up enables foreign investors to invest in and purchase US residential real estate.
HSBC first introduced FinConnect in Singapore through its partnership with SGFinDex in late 2020.
Allica Bank’s Mitch Trehan discusses the key drivers behind the bank’s latest revenue growth.
Fourteen banks and building societies are set to implement the new cash access system.
Shares plans to close its UK app on 30 August as it looks to “focus on the French and EU markets”.
The deal includes the entire share capital of both companies and is expected to close in Q4 2024.
The bank will utilise Network International’s platform for debit, credit and prepaid card hosting and processing.
Zafin’s tech will provide a “consistent view of product, billing and invoicing information across all channels”.
Bollinger succeeds interim CEO Nic Dreckmann, who has held the position since February this year.
In this podcast episode, we chat with George Maddaloni, CTO of Operations at payments giant Mastercard.
The investment is comprised of a £13.4 million Series B and a £2.7 million Crowdcube campaign.
Modulr can now resume onboarding A&D partners but must inform the FCA when doing so.
Bank of Clarke becomes the first Virginia community bank to offer Greenlight’s service.
The international expansion will be aided by both M&As and partnerships.
Ngako will lead the compliance programme at Brex and expand its risk-mitigating frameworks.
RC365 purchased the licence from private investment and advisory firm HC Capital Group for HK 230,000.
BBVA says its goal is to be “prepared to respond to all types of attacks”.
The digital wallet enables transfers to up to five people for the price of one.
The fintech is to leverage the AFSL licence, granted by ASIC, to expand Airwallex Yield.
Gow will work out of Sagent’s major US tech hub in Dallas, Texas.
The new sandbox aims to facilitate the “sustainable and responsible” development of HK’s “stablecoin ecosystem”.
Green Dot has been anticipating the arrival of the consent order since February.
The fintech will apply the funds to “accelerate its product and partnership development”.
Following the investment, Slope will join the JP Morgan Payments Partner Network.
The fees associated with payday advances must be accompanied by the appropriate consumer disclosures.
Whittick most recently served for over four years as chief of staff of NatWest Group.