Elemi Bank applies to FDIC and seeks $25m in capital to launch corporate offering
The bank is expected to establish itself as a state-chartered, corporate bank with a B2B offering.
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Building a world for the 99%
We have the technology to create a more supportive ecosystem for millions of SMEs worldwide.
ICYMI fintech funding round-up: January, Spade, Keyless and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures: Top five stories of the week – 8 December 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Liberis bags $112m in debt financing to fuel expansion in North America and Europe
Liberis plans to go live in Canada, Germany and Poland in 2024.
Allica Bank partners Wise Platform for cross-border payment solution
The partnership will enable Allica’s business customers to make “transparent and low-cost” international payments.
ICYMI fintech funding round-up: PhiCommerce, Yabi, Enfuce and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
US fintech start-up CapitalOS emerges from stealth with $39m in equity and debt financing
The San Francisco-based firm has launched with $9m in equity funding and $30m in debt financing.
ICYMI fintech funding round-up: Kiwi, ID Finance, Crezco and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Mexican fintech start-up Trafalgar taps Thought Machine for core banking technology
Trafalagar plans to launch its new platform, running on Vault Core, in Q2 2024.
Scottish challenger Alba Bank taps nCino to power SME lending
The SME-focused challenger landed its UK banking licence with the FCA and PRA in March.
Advent International snaps up UK paytech myPOS
The deal will be completed through Advent’s new payments company, AI Circle Bidco.
Customers Bank taps Funding Circle for Lending-as-a-Service platform
The bank says the platform will enable it to deliver “affordable term loans” directly to its SMB customers.
US business payment platform Bill reportedly closing on $1.95bn deal to acquire Melio
Bloomberg reports that an official announcement regarding the potential acquisition could arrive within a week.
Kash Baghaei joins expense management platform Jeeves as chief product officer
With 20 years of experience in engineering and product management, Baghaei joins Jeeves from Early Warning.
Amazon adds BNPL to its Amazon Business platform through Affirm partnership
Amazon Business customers can now select Affirm at checkout to pay for eligible goods over time.
Nominations now open for the seventh annual PayTech Awards
Submit your nominations before 15 March 2024.
Stax Payments expands tech stack with APPS acquisition
APPS’ CEO Abe Maghaguian and COO Sarah Gerald will join the Stax leadership team as part of the deal.
ICYMI fintech funding round-up: UnaFinancial, Multifi, Triple-A and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
US Bank subsidiary Elavon lands UK banking authorisation
With the licence, Elavon intends to offer authorisation, settlement, card machines, and banking services in the UK.
US Treasury grants Truist $65m NMTC allocation to spur investment in underserved communities
It is the twelfth time Truist Community Development Enterprises has received an allocation.
Puerto Rico’s Arival Bank names Nishi Gupta as chief compliance officer and general counsel
Gupta joins Arival Bank from US-based consumer fintech company Eco, where he served as head of compliance.
ICYMI fintech funding round-up: Untangled Finance, Kennek and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Banking Tech Awards USA 2024 nominations are now open!
Nominations for the Banking Tech Awards USA 2024 are open until 9 February.
Pioneering innovative partnerships: Unveiling the game-changing fintech hybrid model
Watch this video for an in-depth look at The Greenlend Project.
Revolutionising SME financing: How Banca AideXa uses AI and open banking to support SME growth
We explore how Banca AideXa uses artificial intelligence (AI) and open banking to revolutionise online financing.
Banc of California joins Rise Economy for $4.1bn community benefits plan
The plan succeeds the bank’s merger with PacWest Bancorp in July, combining assets valued at $36.1 billion.
Clearco completes recapitalisation, secures $60m Series D funding and $100m financing facility
The recapitalisation comes after the Canadian growth capital firm carried out significant job cuts over the last year.
ICYMI fintech funding round-up: Mundi, Revio, Pontoro and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
EWA start-up ZayZoon secures $34.5m in Series B funding round
The round was led by Framework Venture Partners, with participation from additional investors.
ICYMI fintech funding round-up: Fuze, Enigio, DKK Partners and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
Sibos 2023: Revolut Business launches new payment solution RevTags
RevTags, already available to Revolut’s retail customers, is now being rolled out to its business customers globally.
Flex secures $20m in equity and $100m in debt funding as part of Series A round
Along with the funding, Flex has also launched its finance app catering to underserved small business owners.
Chase Payment Solutions enlists Gusto Embedded for payroll services
Gusto says its solution allows Chase’s payroll processing to become “significantly simplified”.
Sibos 2023: Cross-border payments dominate day one of Sibos with Swift-Wise partnership announced
The new partnership comes amid a host of Swift-led panels at Sibos focused on payment innovations.
Video: TD Bank at FinovateFall 2023 – The evolution of commercial banking
We chat with Chris Giamo of TD Bank about the state of play for commercial banking in North America.
Development Bank of St. Kitts and Nevis renovates core with ERI’s Olympic Banking System
The upgraded core is anticipated to attract new foreign investment to the island’s development projects.
Risk management platform Certa’s twice-oversubscribed Series B raises $35m
The round was led by Fin Capital and Vertex Ventures Southeast Asia and India.
US fintech Ampla secures $258m credit facility with Goldman Sachs and Atalaya
Ampla connects consumer brands with embedded banking, bill pay, growth capital and corporate card solutions.
ICYMI fintech funding round-up: GenTwo, Momnt, myZoi, Treyd, Firstcard & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
