Stripe simplifies bank transfers for UK, EU and Mexican businesses
Stripe says that bank transfers, despite their popularity and ease of use, are “filled with friction”.
Stripe says that bank transfers, despite their popularity and ease of use, are “filled with friction”.
Roxe will merge with Goldenstone Acquisition and become a publicly traded company on Nasdaq.
Mambu has hired a new CTO, CFO, chief revenue officer, and chief of staff.
Our weekly fintech round-up for you to get the latest funding news from around the world.
KPMG says its Digital Gateway platform, in collaboration with Microsoft, is “built with the C-suite in mind”.
Finzly says its tech will give Mode Eleven “full control over its payment processes”.
Small businesses using Brex have until August 15 to move their funds.
The data access agreement will remove the need for credential sharing, enhancing security and privacy.
Larry Handen, senior managing director at Macquarie Capital, will also join Autobooks on its board.
Cleo will use the funds to shore up and expand its services as a global economic winter begins to bite.
He will replace José Antonio Álvarez as group CEO next year, following a transition period.
Upon closing, the bank will be renamed VersaBank USA National Association.
The funds will be used for international expansion and M&A.
The acquisition of Accept will make HomeLight the largest agent-focused cash offer programme in the country.
The Series B round will support the start-up’s plans to launch an ethical neobank.
As well as the layoffs the wealthtech will be “laser-focused” on core businesses investing, banking and crypto.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Revolut says it will make use of Salesforce technology to power Revolut Business operations.
The fresh capital will be used to develop and accelerate the overall digitisation of the US banking industry.
deadmau5 will join Zytara’s advisory board “to help enhance the creative direction for Zytara moving forward”.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Given the rising interest rate environment, liquidity optimisation is a high priority, Finteum says.
Temenos’ front-to-back office technology will be delivered in the cloud.
Celsius says the pause is designed to put the firm in a “better position” to honour its withdrawal obligations in the future.
Nuula provides financial products and services to small business owners.
Bitbull Capital invested in Jewel Bank’s Series A round in 2022.
The rounds were led by Emigrant Bank and 8VC with participation from other investors.
Curve and Gemini lay off employees, while Citi plans on hiring 4,000 techies.
We.trade claims to be “the world’s first enterprise-grade blockchain-enabled trade finance platform”.
Mark Watson brings over 26 years of tech experience into his new role as CTO.
Fluid Finance offers “the world’s first bank alternative linked to your Web3 wallet”.
Fleetcor has signed a definitive agreement to acquire UK-based Global Reach Group.
Santander Bank N.A. has appointed Pierre Habis as the new chief consumer and digital transformation officer.
Serai was on a mission “to simplify global trade” by providing supply chain solutions to brands and manufacturers.
Codat aims to be “the default means of sharing data for the small business economy”.
Backbase has raised €120 million in growth equity funding, bringing its valuation to €2.5 billion.
A handy round-up of the recent funding endeavours of fintech companies across North America.
Societe Generale will transition its existing derivatives IT environment to FIS Cleared Derivatives Suite.
Kahina Van Dyke believes the biggest shift in legacy financial services is learning to unlock human potential.
Together, Eltropy and POPi/o serve more than 400 credit unions in the US.