ICYMI fintech funding round-up: Fierce, Wisor AI, Cenoa & Habitto
Our weekly In Case You Missed It (ICYMI) funding round-up for you to get the latest funding news.
Outsourcing
US fintech funding round-up: Wink, Blip, Upwardli and Inkle
A handy round-up of the recent funding endeavours of fintech companies across the US.
Canada’s Jobber secures $100m in Series D funding round
Jobber’s SaaS solution enables small businesses to accept credit card payments and send invoices.
Mizuho Bank in core banking tech overhaul with Oracle
Oracle’s solutions will support “critical” functions, including direct deposit accounts and liquidity management.
BBVA migrates its investment banking platform to the cloud with AWS
BBVA says the AWS platform “provides greater computing power” to make financial market-related calculations.
US start-up Finley secures $17m in Series A fundraise
The round was led by CRV with participation from both new and existing investors.
Banking Tech Awards 2022 Winner: Temenos – why the “service” of SaaS matters more to banks
Those who underestimate the value banking execs place on a trusted, lasting service will get left behind in the big banking SaaS bang.
Treasury Prime bags $40m in Series C funding
With the funding, Treasury Prime plans to build out its solution and develop new products and services.
Data management platform Finbourne lands £30m debt facility with Kreos
The debt facility constitutes an extension to Finbourne’s Series A funding held in April 2021.
B2B BNPL platform Tranch raises $100m in debt and equity
$5 million have been raised in equity while the rest – $95 million – have been taken on as debt.
US fintech PayEm bags $220m in funding
The funding came from Viola Credit, Mitsubishi Financial Group, Collaborative Fund, and others.
PayTech Awards call for nominations
The PayTech Awards 2023 will take place on 30 June at the Merchant Taylors’ Hall in London.
The BaaS Association names first CEO, Bill Briggs
Founded last year, the association says it represents over 80% of current BaaS sponsor banks in the US.
US fintech nCino appoints Greg Orenstein as new CFO
Orenstein joined nCino in 2015 and most recently served as chief corporate development and strategy officer.
United Heritage Credit Union taps NCR for ATM-as-a-Service solution
The credit union will have access to the full suite of ATM capabilities offered by NCR’s ATMaaS solution.
FinTech Futures Jobs: Is procrastination killing your work ethic?
Explore thousands of open roles on the Fintech Futures Job Board today.
US fintech Arcus Partners appoints new CTO, Saurabh Bhole
Bhole will be tasked with leading the further development of the company’s Finity360 product suite.
Abacus Group snaps up cybersecurity firms Gotham Security and GoVanguard
The new business will be a subsidiary of Abacus Group but will continue to operate independently.
Cognizant names former Infosys president Ravi Kumar as new CEO
Kumar succeeds Brian Humphries, who will remain at the firm until 15 March to facilitate a “smooth transition”.
Temenos in leadership shake-up as CEO and chairman step down
Under the new leadership, Temenos says it will focus on SaaS opportunities, including in the US.
Winners and losers for 2023
Let’s kick the year off with a look at where the winners and losers will come from over 2023.
PayTech Awards 2023 now open for nominations
PayTech Awards are open to banks, financial institutions, paytech software & services providers worldwide.
Decentralised paytech Clowd9 taps Netcetera as payment security provider
Netcetera’s 3D secure server solution reduces the risk of non-authenticated transactions.
How the cloud helps companies reach their ESG goals while embracing a global outlook
Cloud-based core banking can help banks get leaner and greener.
Financial institutions will need to redefine their risk-based strategies in 2023
In 2023, FIs will look to strengthen their approach to fighting financial crime.
2022: Top five core banking deals
FinTech Futures recaps five of the top core banking deals of 2022.
White paper: How mortgage-as-a-service levels the playing field for minority and first-time homeowners
How industry leaders leverage mortgage-as-a-service to increase minority and first-time homeownership.
Mechanics Cooperative Bank selects Finastra’s Payments To Go solution
The bank is expanding its partnership with Finastra to introduce new business payments services.
Workday appoints Sequoia Capital’s Carl Eschenbach as co-CEO
After January 2024, it is expected that Eschenbach will take up sole CEO responsibilities.
Canada’s Plooto secures $20m Series B funding to fuel growth
The start-up offers accounts payable and accounts receivable automation software for SMBs.
Six actions CISOs should consider for stronger compliance and risk mitigation
Banks face increasing regulations and compliance requirements as the cyber landscape grows more complex.
FinTech Futures Jobs: This is how to job search in 2023
Explore thousands of open roles on the Fintech Futures Job Board today.
CWB expands Brim Financial partnership with new business credit card offering
Customers will have access to Brim’s full suite of product capabilities powered by the fintech’s tech platform.
Another year of threats: where fintech firms will need to focus security efforts in 2023
Zero trust and platform-based approaches will guide fintechs through the current turbulence.
Thoma Bravo to acquire Coupa Software for $8bn
Coupa says the deal is expected to close in the first half of 2023.
TreviPay to acquire fellow US paytech Apruve for undisclosed sum
With the acquisition, TreviPay plans to expand its B2B payments network.
The Independent BankersBank in tech overhaul with Jack Henry
Texas-based TIB is moving from a proprietary 20-year-old core to a fully outsourced tech model.
TripActions bags $400m in credit facilities to boost expansion
The new credit facilities have been provided by Goldman Sachs Bank USA and Silicon Valley Bank.
FinTech Futures Jobs: Three fintech careers to consider for 2023
Explore thousands of open roles on the Fintech Futures Job Board today.
Broadridge names Martin Koopman as new chief product officer
In his new role, Koopman will head up the product management team across all of Broadridge’s business units.
