ICYMI fintech funding round-up: Fintoc, Bokra, RockFi, Bump and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Our pick of the top fintech news stories this week includes Monese, Temenos, Synapse and more.
Zafin CEO Al Karim Somji will hand the reins over to former IBM Canada exec Charbel Safadi.
The new standalone company will act as an independent neobank offering environmentally sustainable products.
The new offering will also include deposit accounts and automation tools for bill payments.
Jean-Pierre Brulard will start his tenure on 1 May 2024, with Andreas Andreades retiring after 25 years.
The deal will also see VC firm Andreessen Horowitz become a shareholder in ComplyAdvantage.
Together claims to have a loan book exceeding £6.8 billion, originating over £200 million in loans monthly.
The lender has opted to transition its core to the vendor’s Fusion Essence solution.
The start-up secured a $75m warehouse facility expansion alongside the round.
Tilia is to rebrand as Thunes and maintain operations from San Francisco.
The deal includes Marcus Invest’s accounts and assets under management.
JP Morgan has controlled the unit since its takeover of First Republic Bank last May.
The former Bank of America exec is to lead Nium’s strategy in the newly-created role.
Synapse previously filed for Chapter 11 voluntary bankruptcy and laid off over 50% of its workforce last year.
The sustainability spending fintech is to integrate the DoneGood marketplace into its company ratings platform.
President and CCO Adam Payne says the deal comes amid a need to “focus on our core business”.
The market appears to be investing in anything that moves with the letters “AI” in it.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Our pick of the top fintech news stories this week includes Klarna, Ramp, Zopa and more.
The US-based bank has partnered with Backbase and banking and payments fintech Finzly.
The San Francisco-based bank will utilise the fintech’s TradeSun Intelligence V4 solution.
Customers of Mercury’s latest offering will need to commit to a $240 annual subscription fee.
The US is set to be Klarna Card’s fourth market of entry, following earlier launches in Sweden, Germany and the UK.
The round adds to the $300m Ramp raised in its Series D round in August 2023 at a valuation of $5.8bn.
Sachdeva succeeds Rafael Plantier, who has been promoted to head of go-to-market.
The $171 billion-asset credit union is also to make use of the vendor’s product and pricing platform.
Founded in 1997, Macatawa Bank manages a network of 26 full-service branches across Michigan, USA.
The agreement was filed with the National Stock Exchange of India this week.
The company had previously announced the tender offer to provide employee liquidity in February.
NFCU is “continuing to standardise” with the fintech’s engagement banking platform.
The bank is to adopt the vendor’s LoanVantage solution and Banno Digital Platform.
Schulman departed his role as president and CEO of PayPal at the end of last year.
Three fintech founders discuss the importance of embracing diversity, equity and inclusion in business.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The parties say they expect the transaction to close “in the coming months”.
Our pick of the top fintech news stories this week includes Linqto, HSBC, Santander and more.
FloQast claims its flagship offering, the Accounting Operations platform, serves over 2,600 accounting teams worldwide.
Mastercard’s three new units are Core Payments, Commercial and New Payment Flows, and Services.
The deal is set to close in H2 2024, with Linqto to operate as a wholly-owned subsidiary of BCSA.