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Financial platform ElleXX completes CHF 1.43 million crowd investing round

News | Online & Mobile Banking | 02 Jun 2023

Switzerland-based financial platform ElleXX has announced completing a CHF 1.43 million investment round. 

financial services, investment, crowdfunding, expansion

Deutsche Bank secures USD 100 million in capital allocation

News | Online & Mobile Banking | 01 Jun 2023

Vietnam-based Deutsche Bank has announced the raise of USD 100 million in capital allocation increase for its Ho Chi Minh City branch, for its development process. 

funding, investment, mobile banking, online banking, banking, digital banking

Nymbus raises USD 70 million in Series D funding round

News | Online & Mobile Banking | 29 May 2023

Banking technology solutions provider Nymbus has raised USD 70 million in Series D funding round for developing new offerings and expanding its services.

funding, investment, mobile banking, online banking, banking, digital banking

Episode Six raises USD 48 million in Series C funding round

News | Online Payments | 24 May 2023

Global payments and banking infrastructure provider Episode Six has announced the raise of USD 48 million in Series C funding round, led by Avenir.

funding, investment, mobile payments, online payments, digital payments, payments , ecommerce

FlowX.ai raises USD 35 million in Series A funding round

News | Online & Mobile Banking | 23 May 2023

Romania-based FlowX.ai has announced the raise of USD 35 million in Series A funding round for product development and international expansion.

funding, investment, mobile banking, online banking, banking, digital banking, artificial intelligence

AMLYZE raises USD 1 mln to fight financial crime

News | Digital Identity, Security & Online Fraud | 22 May 2023

Lithuania-based regtech AMLYZE has raised USD 1 million in a pre-seed investment round led by Practica Capital to help its fight against financial crime.

investment, funding, regtech, financial crime, fraud prevention, AML, fintech, neobanks, crypto, transaction monitoring, risk management, expansion, SaaS, growth markets

Revolut Business launches in Australia

News | Online & Mobile Banking | 18 May 2023

Global financial superapp Revolut has announced the launch of its Revolut Business product in Australia to support SMBs amidst the cost-of-living crisis.

product launch, payments , B2B payments, financial services, super app, cross-border payments, fintech, debit card, spend management, FX , transactions , SMEs, ecommerce, investment, Revolut, neobanks

MPOWER receives USD 150 mln in funding from Goldman Sachs

News | Online Payments | 17 May 2023

US-based fintech MPOWER has received USD 150 mln in funding from Goldman Sachs and intends to spend it on education loans to international students.

funding, investment, expansion, fintech

Tipalti raises USD 150 mln in growth financing

News | Online & Mobile Banking | 17 May 2023

Global payables automation platform Tipalti has raised USD 150 million in incremental growth financing from JPMorgan Chase Bank and Hercules Capital.

funding, investment, financing , banking, fintech, accounts payable, B2B payments, e-invoicing, expansion, cloud services, spend management

Cardless raises USD 75 million in debt deal with i80 Group

News | Online & Mobile Banking | 17 May 2023

US-based financial technology company Cardless has announced its raise of a USD 75 million three-year credit facility in a debt deal made with i80 Group.

partnership, investment, funding, mobile payments, online payments, payments , digital payments, credit card, virtual card, digital wallet

Smart secures USD 95 mln in series E funding

News | Payments General | 16 May 2023

UK-based financial technology company Smart has secured USD 95 million in the latest round of funding led by Aquiline, a private investment firm.

fintech, funding, investment, expansion, financial services

Robinhood launches the 24 Hour Market

News | Online & Mobile Banking | 15 May 2023

US-based Robinhood has launched a 24-hour trading service named 24 Hour Market in a bid to provide more flexibility and easier access to markets.

product launch, trading platform, investment, trade finance

Revolut, Upvest enable ETF and stock trading in Europe

News | Online & Mobile Banking | 11 May 2023

Revolut has partnered with Germany-based fintech Upvest to provide its end users with fractional ETF and European stock trading throughout Europe.

partnership, banking, digital banking, neobanks, super app, investment, trading platform, trading, API, ETF, retail, settlement, fintech, stocks, financial services, transactions

Visa invests in and partners TerraPay

News | Payments General | 11 May 2023

Payments infrastructure company TerraPay has announced a strategic equity investment from Visa and a partnership to simplify cross-border ecommerce for consumers and SMBs.

partnership, investment, payments , cross-border ecommerce, B2B payments, P2P payments, remittance, payout, digital wallet, bank account, SMEs, commercial card, digital payments, fintech, Visa, money transfer, ecommerce

Bank Alfalah acquires equity stake in, and partners QistBazaar

News | Online & Mobile Banking | 10 May 2023

Pakistan-based commercial bank Bank Alfalah has signed a deal to acquire an equity stake in BNPL platform QistBazaar and entered an embedded financing agreement.

partnership, acquisition, equity, investment, fintech, banking, banks, BNPL, embedded finance, financing , financial inclusion, ecommerce, marketplace

Kreditz secures EUR 10 million in funding round

News | Online & Mobile Banking | 09 May 2023

Sweden-based credit information startup Kreditz has announced the raise of EUR 10 million in funding round, aimed to expand its credit scoring services.

partnership, Open Banking, online banking, digital banking, mobile banking, investment, funding

Revolut launches in Brazil

News | Online & Mobile Banking | 03 May 2023

Revolut has launched in Brazil, marking the fintech firm’s first foray into Latin America.

fintech, expansion, product launch, cryptocurrency, investment

Citi expands collaboration with TIS

News | Online & Mobile Banking | 03 May 2023

Citi Treasury and Trade Solutions (TTS) has partnered with cloud platform Treasury Intelligence Solutions (TIS) to launch cash flow forecasting and working capital insights for companies.

partnership, product launch, banking, digital banking, fintech, data analytics, data aggregation, cloud, working capital, investment, cash flow, cash management, e-invoicing, payments , trading platform, ERP, liquidity, treasury, financial institutions, trade finance

Tarabut Gateway secures USD 32 mln Series A for Open Banking in Saudi Arabia

News | Online & Mobile Banking | 03 May 2023

MENA-based Open Banking platform Tarabut Gateway has announced the successful completion of a USD 32 million Series A funding round. 

investment, Open Banking, fintech, Open Finance, Open Data Economy

Paymentus extends its partnership with Oracle

News | Online Payments | 03 May 2023

Paymentus has announced the extension of its partnership with Oracle to provide worldwide energy and water sector utilities with multiple billing and payment tools.

 

partnership, payments , online payments, digital payments, mobile payments, investment