10x Banking, the transformational cloud-native SaaS core bank operating system founded by former Barclays CEO Antony Jenkins, has today announced a partnership with Old Mutual as it expands into Africa and scales its evolving core banking system into new markets in response to growing demand.

FintechOS announced 40% year-over-year revenue growth in 2023, with the company expecting to achieve profitability in the first half of 2024. Growth has been driven by winning new customers in strategic markets, including the US, UK, Continental Europe, and most recently Asia-Pacific.

Tuum, the leading next-generation core banking provider, today announces that it has raised EUR25m, in a series B financing round led by CommerzVentures, with participation from Speedinvest alongside existing investors.

The majority of wealth managers are either dissatisfied with or indifferent to their current technology systems according to new research from Avaloq, a global leader in digital banking solutions and wealth management technology.

Quant, the blockchain for finance pioneer, has secured a new patent from the United States Patent and Trademark Office. The patent, titled ‘Blockchain Communications and Ordering’, recognises that Quant has invented a unique method for chronologically ordering transactions from different blockchains. 

Basware, a global leader in AP automation and invoice processing, has appointed Markus Hornburg as its Senior Vice President, Global Compliance. It strengthens the company’s compliance offering to help customers through upcoming e-invoicing requirements.

British Patient Capital announces today a £20m commitment to the third fund by Episode 1, a specialist early-stage technology investor. The £76m fund will back a new generation of B2B innovators at the pre-seed and seed stages, as well as deepen their reputation as an innovative early-stage investor.

Temenos today announced that Puerto Rico-headquartered Segura Bank International, Corp. (“SBI”) has gone live with Temenos core banking platform deployed in the cloud to power a new digital bank for mid to high-earners in Latin America.

Kin, the pioneering digital, direct-to-consumer home insurance company, today announced the closing of $15 million in financing from new investor 

AffiniPay, a leading provider of professional technology solutions, announced today the launch of next-generation In-Person-Payment options for professionals.