Fintech funding deals globally 15 November – 21 November 2021
Featuring Gemini, Upgrade, CloudWalk, EasyHealth and Airwallex.
upgrade
Upgrade raises $280m in Series F funding at $6bn valuation
The fintech has raised $600 million in equity capital since inception in 2017.
US neobank Upgrade secures $105m Series E funding round
The new funding round values the firm at more than $3.3 billion.
Santander gets US challenger bank Upgrade to unicorn status
The San Francisco-based challenger has landed a $40 million Series D.
US lender receives Series C $62m funding Upgrade
Financing led by CreditEase Fintech Investment Fund.
Banco BNI Europa invests $30m in US consumer loans
Teams with Fintex and Upgrade for lending action.
Ex-Lending Club boss gets an Upgrade
Renaud Laplanche seeks redemption from Lending Club debacle.
NDC to upgrade core banking tech at Farmers Commercial Bank
Farmers Commercial Bank (FCB) in Sudan is upgrading its core banking system, Temenos’ T24. The bank enlisted National Data Consultants (NDC), a Pakistan-based implementation partner of Temenos, to help with the project.
Validata gains quality assurance tech deal in Singapore
DevOps and application lifecycle management (ALM) tech specialist Validata has gained a new customer in Singapore to deliver quality assurance for its Temenos T24 upgrade project.
Meezan Bank in core banking system upgrade with NDC and Temenos
Meezan Bank, the largest Islamic Bank in Pakistan, has upgraded its core banking system, Temenos’ T24, to release 16.
Credo Bank completes Temenos T24 core banking system upgrade
Credo Bank, a Georgia-based bank providing sustainable financial services for micro businesses and SMEs, has moved to the latest version of Temenos’ T24 core banking system.
BGFI Bank in group-wide upgrade of core banking software
BGFI Bank, a financial services group in Central Africa, is upgrading its core banking software group-wide. The bank is rolling out a new version of Sopra Banking Software’s Amplitude system, Amplitude Up.
National Bank of Kenya in core banking system upgrade
National Bank of Kenya says it has upgraded to “the fifth and latest version” of its core banking platform, Fusionbanking Essense, supplied by Finastra (formerly Misys).
Commercial Bank of Dubai in core banking platform upgrade
International Turnkey Systems (ITS) has upgraded its core banking system, Ethix, at Commercial Bank of Dubai (CBD).
DFCU in $20m upgrade of Infosys’ Finacle core banking system
Uganda-based DFCU Bank is also upgrading its core banking software to the tune of $20 million. DFCU is moving from version 7 of its Infosys’ Finacle core banking platform to version 10.
CB Bank looks for partner to upgrade Temenos T24 core banking system
Myanmar-based Co-operative Bank (CB Bank) is planning an upgrade of its core banking system, Temenos’ T24, and is looking for a Temenos partner to assist it with the project.
Fana Sparebank to revamp core banking, payment and self-service solutions with Evry
Norway-based banking software provider Evry has signed a new five-year agreement with a domestic banking group, Fana Sparebank, to modernise its core banking and payments tech.
MAIB in major core banking system upgrade
Moldova Agroindbank (MAIB), a universal bank in Moldova, has completed a major upgrade of its core software. The bank, a long-standing customer of Temenos, has moved from T24 R08 to R15.
Islamic Finance House in Temenos T24 core banking system upgrade
UAE-based Islamic Finance House (IFH) has upgraded its core banking system to Temenos’ T24 R14 platform. IFH has been using T24 since its inception in 2004, and says the latest enhancement “has given way to resource optimisation, scalability management and shortened approval processes”.
The United Bank of Egypt upgrades core software with Misys
A long-standing user of a host of Misys’ products, The United Bank of Egypt has committed to upgrade to the latest version of software. The project is penned for completion later this year. The bank will upgrade to FusionBanking Equation (core system), FusionBanking Trade Innovation (trade finance) and FusionCapital Opics (treasury and capital markets). It […]
