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Digital banking technology provider Meniga secures USD 10 mln

Thursday 25 March 2021 13:49 CET | News

Meniga, a UK-based fintech that provides digital banking technology to banks, has closed USD 10 million in additional funding led by Velocity Capital and Frumtak Ventures.

Meniga says the funding will be used for continued investment in R&D, and in particular further development of green banking products — building on its carbon spending insights product.

Headquartered in London but with additional offices in Reykjavik, Stockholm, Warsaw, Singapore, and Barcelona, Meniga’s digital banking solutions help banks (and other fintechs) use personal finance data to innovate in their online and mobile offerings. The product suite covers data aggregation technologies, personal and business finance management solutions, cash-back rewards, and transaction-based carbon insights.


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Keywords: digital banking, banks, funding, fintech, data
Categories: Banking & Fintech
Companies:
Countries: United Kingdom
This article is part of category

Banking & Fintech