Canaan Leads $15 Million Round in Brazilian Fintech Marven
- 2 years 9 months ago
- Banking
Last June, the Brazilian Central Bank implemented a new framework for receivables, turning the world of Brazilian fintech on its head. Marvin was the first startup to take advantage of this new market with a “registration-as-a-service” platform that allows SMBs to pay their suppliers using their own credit card receivables. We’ve led a $15M Series A, alongside existing investors Canary and Maúa Capital, making this our largest investment in... more
Temenos Recognizes Clients with Awards at Annual Flagship Event
- 2 years 9 months ago
- Banking
Mirabaud, Commerce Bank, Credem, Banco de la Nación del Peru, STC Pay and Flowe receive awards for their commitment to making banking better Temenos also presents Friso Westra of ABN Amro with the Visionary Leadership Award
Paypal and Experian Invest in Home Rental Fintech Jetty
Jetty, the financial services company on a mission to make renting a home more affordable and flexible, today announced an investment from PayPal Ventures and Experian Ventures.
NatWest enables UK’s first ‘non-sweeping’ customer payments through VRP
- 2 years 9 months ago
- Banking
NatWest Group customers made the UK’s first-ever Variable Recurring Payments (VRP) for ‘non-sweeping’ use cases. NatWest Group is the first UK bank to go beyond the requirement for banks to provide VRP for sweeping – the automatic transfer of money between two accounts belonging to the same person.
Burnout Mounts as a Third of Banking and Financial Services Plan to Leave the Industry Due to High Pressure
- 2 years 9 months ago
- Banking
One third (31%) of financial services and banking professionals are planning to leave the industry due to high pressure, with a further third (31%) planning to leave their current role but stay within the same industry A third (33%) of financial service and banking professionals state that working from home and hybrid working has increased burnout, with one in six (14%) stating it’s risen exponentially This study shows that nearly a quarter (23... more
ADDX Raises US$58 Million; Stock Exchange of Thailand, UOB join as Shareholders
- 2 years 9 months ago
- Banking
Hamilton Lane and Krungsri also take part in Pre-Series B funding round that brings total funds raised by ADDX to around US$120 million
Kennek Launches World-class 'lender-in-a Box’ Offering on Mambu
Mambu’s flexible cloud technology to boost kennek’s position as a SaaS provider for lenders and credit investors
Sage Delivers Deeper Subscription Billing for Customers in Newest Release
- 2 years 9 months ago
- Banking
Sage Intacct Release 2 supports customers in SaaS businesses with new functionality to manage blended billing models Sage, a leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses, today announced the availability of Sage Intacct 2022 Release 2. Building on its leading subscription billing solution for SMBs Release 2 adds support for evergreen subscriptions. Evergreen Subscriptions
Zopa Bank and TrueLayer Make Saving Seamless With Account-to-account Payments
• Zopa’s Smart Saver account customers can build savings faster with TrueLayer Payments. TrueLayer, Europe’s leading open banking platform, today announces a collaboration with digital bank Zopa (https://www.zopa.com/), who has gone live with account-to-account payments for its Smart Saver savings account.
Reply Extends its Presence in Banks and Insurance in Germany with the Acquisition of FINCON
REPLY [EXM, STAR: REY] announces today that has signed an agreement to acquire 100% of FINCON Unternehmensberatung GmbH (www.fincon.eu) - a German consulting company leader in digital transformation projects for the banking and the insurance industry.
Temenos Launches ESG Investing as-a-Service for Banks and Wealth Managers
- 2 years 9 months ago
- Banking
Temenos today launched ESG Investing-as-a-service, helping banks and wealth managers meet the growing demand for sustainable investing. The offering was unveiled to 1,500 banking and fintech executives at Temenos Community Forum in London.
BPC to Support Digital Banking Services for SedPe Payments GDE Powwi in Colombia
- 2 years 9 months ago
- Digital banking, Banking
Powwi will deploy BPC’s SmartVista Suite to answer the needs of its customers in Colombia’s fast growing digital economy SmartVista caters to banking solutions such as e-wallets, instant payment, fraud management, switch, card management, merchant management, and ATM management. This platform provides cards and payments processing and provides both issuing and acquiring functions.
20/05 – Weekly Fintech Recap
- 2 years 9 months ago
- Blockchain, Digital banking, Open Banking, RegTech, Payments, Banking, M&A Deals, People Moves
Partnerships Yugabyte Partners With Temenos To Bring Cloud-Native Scale, Database Performance and Resilience To The Next Generation Of Banking Solutions
Railsbank Makes a Number of Strategic Moves to Support Growth in the Sports Industry
- 2 years 9 months ago
- Banking
Former England Rugby Captain Will Carling, OBE, joins as an advisor within Railsbank’s Partnerships Team Former Formula 1 Board Advisor, Jon Hall joins as a senior adviso Co-founder and CEO Nigel Verdon becomes career mentor to England rugby team
