ICYMI fintech funding round-up: Raenest, Affinity Africa, Era and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The latest fintech news, resources and expert analysis in North America by the leading intelligence provider for the worldwide fintech community.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The deal is expected to strengthen KORT’s expansion throughout North America.
Candescent was formerly the digital banking business of NCR Voyix.
Sources cited by Bloomberg indicate the round could see Mercury raise “hundreds of millions”.
Sardine plans to use the investment to roll out a series of AI agents for risk management and compliance.
Hemi Algranaty rejoins the company having previously served as CTO before his departure in 2021.
The funds will fuel Validus’ expansion into the US and APAC, while continuing its growth in Europe.
CACSI has picked Sharetec’s web-based Velocity core banking platform.
Stripe was last valued at $70 billion following a similar secondary share sale last year.
Gold Coast FCU president Steve Bush says the selection is part of “a complete digital transformation”.
nCino plans to leverage the purchase to develop its own “integration hub” for banks and credit unions.
Zeta was previously valued at around $1.15 billion when the company raised $250 million in 2021.
Previously, Pape served as the global head of product for BlackRock’s Aladdin Wealth Tech division.
Google, SoftBank Vision Fund 2 and Valor Equity Partners took part in the round as new investors.
Charles Schwab will repurchase more than 19 million shares for $1.5 billion as part of the deal.
The implementation comes ahead of Enterprise Bank’s merger with Rockland Trust.
The Minnesota Star Tribune reports that the company is permanently closing its headquarters and laying off staff.
Bloomberg reports that Plaid is working with Goldman Sachs to carry out the potential share sale.
The bank, headquartered in San Antonio, Texas, has selected Finzly’s end-to-end payment hub.
The solution is expected to leverage Q2’s Catalyst suite for commercial banking.
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Azura CEO Greg Winkler says the integration will “position us for growth both now and in the future”.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The latest round brings the fintech’s total funding to date to over $44 million.
The order follows an investigation prompted by a ransomware attack experienced by Patelco in June last year.
Johnson has worked for the group, headquartered in Providence, Rhode Island, for over 11 years.
FirstRand has become the first financial institution outside the US to adopt the Finxact solution.
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The platform is being funded through a $300 million warehouse finance facility arranged by Bank of America.
The company’s executive chair James Kelly has been named as its new CEO and president.
Tuttle previously served as president and CTO at Multichannel Consulting.
Access Bank Nigeria has adopted Integral’s solutions for pricing, distribution, and liquidity aggregation.
The pair have co-created a “Modernisation Factory” to accelerate the bank’s digital transformation.
Anchor plans to double its workforce in the next year and boost its US market presence.
Riley has served as regional head of North America since joining the bank in 2023.
Founded in 2023, Jump’s latest round brings its total funding to date to nearly $25 million.
Envestnet Yodlee’s Kat Cloud and Eric Jamison discuss the evolving open banking landscape in the US.
Chopra has led the CFPB since 2021.
Chris Gufford, GM of nCino’s Commercial Banking solution, will succeed Desmond as CPO.
Wise has been ordered to pay a $2.025m civil money penalty and around $450,000 “in redress to harmed consumers”.