ICYMI funding round-up: Pngme, Recognise Bank, pawaPay, Finexio & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
Financial Services/Finserv
Flinks receives $103m investment from National Bank of Canada
Growth capital worth $30m will help expand the fintech’s US footprint.
PayTech Awards 2021 Winners Supplement out now
Impactful and innovative paytech projects, products, services and people in the spotlight.
Currencycloud hires Mark Ledsham as new COO and 10x’s Neil Drennan as CTO
Currencycloud adds some new faces to its C-suite.
OPay becomes Africa’s latest fintech unicorn with $400m Series C round
The Nigerian start-up says the new investment takes its valuation up to $2 billion.
What the Fintech? | S.2 Episode 16 | Waking up on the right side of embedded
Louisa Murray, COO for UK and Europe at Railsbank, joins us on this latest episode of the podcast.
Bookkeeping platform Khatabook raises $100m in Series C funding
The Indian firm provides tools for the country’s 67m small and medium-sized businesses.
FinTech Collective raises $250m for new early-stage investments
The venture capital firm’s total AUM now exceeds $500 million.
LexisNexis acquires onboarding and risk platform TruNarrative
TruNarrative will join LexisNexis’ business solutions group.
SME-focused Bank North granted UK banking licence
Bank North aims to support businesses through its cloud banking technology.
New UK fintech Peach aims to help customers track their financial lives
Peach is currently in a beta phase with a waiting list ahead of its full launch.
Ramp hits $3.9bn valuation with $300m Series C funding round
The start-up has also agreed a deal to acquire “negotiation-as-a-service” platform Buyer.
Guide: This is the future of AI in finance – it’s time to get ahead
Helping every role in the AI project get ahead by providing powerful, scalable solutions to meet business, data science and IT needs.
White paper: Modernising information management systems in financial services
Tackle the new challenges of the digital age with Nuxeo’s Content Services Platforms.
MovoCash partners with Fiserv to expand money movement options
Fiserv’s debit payments network will give MovoCash customers another way to access their cash.
Blockchain start-up XREX lands $17m funding to expand global footprint
The fintech’s global investors include major banks and venture capital firms.
Paysafe agrees deal to acquire German digital payments firm viafintech
It is Paysafe’s third acquisition in the last month, following deals for SafetyPay and PagoEfectivo.
Ethiopia’s Hijra Bank signs core banking deal with Path Solutions
The bank will utilise Path Solutions’ iMAL core banking platform.
WorldRemit Group rebrands as Zepz, raises $292m Series E funding
The London-based company says the new injection takes its valuation up to $5 billion.
Open banking: a new global standard?
How are different countries actually approaching open banking adoption?
Rainshine plans four media and entertainment fintechs
M&E fintechs will be launched in part using the company’s blockchain platform.
Real estate fintech Reali raises $250m funding
The California-based firm will use the funds for national expansion and product development.
Musicians to gain dedicated neobank with Nerve
The Texas-based start-up says the music business deserves music banking.
Trading technology firm DriveWealth secures $450m Series D funding
Fintech will use the funds for continued product and service expansion and additional hires.
Nymbus to offer Marstone’s digital wealth suite following new partnership
Partnership will see the two US firms integrate their offerings.
German fintech Moss lands $29m funding in Series A extension
Start-up claims the latest injection boosts its valuation up to $264 million.
Transact365 – change the way you process online payments
Localise, globalise and optimise your business with Transact365’s range of payment and banking solutions.
The importance of customer-centric strategies for traditional banks
To thrive and grow, banks must identify how they can be more customer-centric.
eBook: Five ways data is redefining financial services
Find out about Snowflake’s modern data approach for financial institutions.
Fintech funding deals globally 16 August – 22 August 2021
Featuring DriveWealth, Sightline Payments, Bitpanda, PalmPay and Reali.
Webinar: Mobile financial super apps – what’s your strategy and what are you waiting for?
Learn how you can win the mobile banking app battle and secure your future banking business.
Family finance start-up Hapi launches investment app for parents
Parents can open a junior stocks and shares ISA or general investment account.
Aspiration Partners to go public in $2.3bn SPAC deal
It claims it will be the first ESG-focused financial services institution to go this route.
Philippines to close digital bank licence applications as GOtyme gets the nod
Central bank says the window for digital banking licence applications will close on 31 August.
Fintech innovation and the cloud: securely connecting the future of banking
Hybrid or multi-cloud environments can potentially provide banks with added flexibility and security.
eBook: Three data trends in financial services
How banks, brokerages, and fintech start-ups can collect, store, analyse, and share data easily and securely.
Video: fintech news pick of the week – Goldman Sachs, Paysafe, HSBC & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
FinTech Futures Jobs: Three companies on hiring sprees right now
Exciting vacancies at Broadridge, Finastra and Grant Thornton. Apply today!
Sightline Payments becomes Nevada unicorn with $244m raise
Sightline closed an earlier $100 million funding round in April.
CloudPay secures $58m investment to expand payroll solutions
CloudPay aims to consolidate employee pay processes through a single platform.
