Challenger banking player Monese makes its first acquisition
Monese has acquired Trezeo, a specialist financial services platform for the self-employed.
Monese has acquired Trezeo, a specialist financial services platform for the self-employed.
Razorpay’s Series F funding round now values the firm at $7.5 billion.
SweepBank is underpinned by Tuum’s core banking platform.
Open CEO Anish Achuthan says the acquisition will complement his firm’s BankingStack enterprise offering.
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Finastra’s Fusion Essence Cloud solution will power the bank’s planned subsidiary in the Philippines.
Nicholson moves from rival Canadian digital bank Tangerine.
Zopa CEO says erosion of consumer trust and regulatory burdens are to blame.
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The investment from Tencent and UK development finance institution CDC brought in an additional $70 million.
Since its launch in September 2015, OakNorth Bank has lent over £6.5 billion to SMEs.
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The neobank has already closed the first batch of money — $480 million — with more expected soon.
Challenger says it will become “the first European digital bank to start offering mortgages”.
Founded in 2019, Nearside focuses on “the smallest of the small businesses” in the US.
The pandemic played a substantial role in boosting the adoption of open banking and APIs.
WeLab has raised $240m to fund the acquisition – “the largest fintech funding in Indonesia in 2021”.
The company has identified 180+ unique migrant communities it intends to offer its services to.
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In Case You Missed It (ICYMI) funding round-up for you to get the latest fintech funding news.
GoWomen says it will provide banking services and financial awareness and wellness products.
The company received its first bank licence as the sixth principal clearing bank of the UK.
The digital bank also provides crypto capabilities, including instant crypto transfers.
Twig customers can turn their unwanted possessions into cash.
The cash will go towards enhancing Allica’s proprietary technology and client support.
Open says Zwitch has already helped 10 start-ups embed financial services.
In Case You Missed It (ICYMI) funding round-up for you to get the latest fintech funding news.
Weyay is in beta mode and will target the country’s large youth market.
Deal will bring the challenger bank around 2,000 SME customers.
The SME focused start-up aims to raise £1 million ahead of its Series B funding round.
The new bank is intended to provide African Americans with better access to financial services.
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The global platform for creatives plans a phased roll-out of financial services from this month.
Alloy’s API-based platform will be used to automate the bank’s identity verification process.
The fintech has raised $600 million in equity capital since inception in 2017.
N26 will no longer serve US customers after 11 January 2022.
Acquisition intended to accelerate Oportun’s expansion plans by three to five years.
The supplier’s AgileReporter platform forms part of the UK regional bank’s tech stack.
Patriot will migrate to American Challenger’s technology platform.