Berlin-based Fintech Upvest Secures $42M in Series B Financing Led by Bessemer Venture Partners
- 3 years 6 months ago
- Fundraising News
Today, Berlin-based infrastructure fintech Upvest announced the closing of a $42 million Series B financing round - one of the largest German fintech funding rounds in 2022. Bessemer Venture Partners is leading the Series B with Earlybird and ABN AMRO Ventures doubling down as previous investors and participating in Notion Capital, Partech, 10x Group, Speedinvest and Maximilian Tayenthal (N26).
Aviva to Implement Open Banking Dashboard for Pension Clients with Bud
- 3 years 6 months ago
- Open Banking
Source: Bug It’s great to be able to say that following a rigorous selection process, we’ve been chosen by Aviva to provide the tech behind their new Open Banking dashboard.
Contactless Payments Witnessed a 6x Growth in the Last 3 Years: Visa and Worldline India Whitepaper
- 3 years 6 months ago
- Payments
Visa, the global leader in digital payments, today released a whitepaper in partnership with payments processor Worldline India on the growth of contactless payments adoption in India. The whitepaper, ‘India taps into a Contactless Future’, analyses India’s journey with digital payments infrastructure and contactless payments, highlighting the rapidly growing adoption across regions and sectors.
Crypto Payments Company TripleA Secures $4M in Funding Led By Razer’s zVenture
- 3 years 6 months ago
- Fundraising News
Today TripleA, a Crypto Payments Company, announced that it secured $4 million in funding led by a leading global lifestyle brand for gamers, Razer’s corporate ventures arm, zVentures. TripleA is the first Crypto Payments Company that has earned the Digital Payment Token license from the Monetary Authority of Singapore (MAS).
Institutional Crypto & Digital Asset Management Platform Rooba Finance Raises $1.3 Million in Seed Round
- 3 years 6 months ago
- Fundraising News
Institutional Crypto & Digital Asset Management Platform Rooba Finance has raised $1.3 Million in a Seed round led by Inflection Point Ventures. It also saw participation from LetsVenture, Endurance Capital, KubeVC and Other prominent angel investors. The funds raised will be utilized towards Platform Development, setting up a licensed platform overseas and enabling a global GTM.
The US Has More Fintech Unicorns than the Next 20 Countries Combined
- 3 years 6 months ago
- Trading Systems
The United States leads in the number of fintech Unicorns globally.
95% of Buy-side Firms Looking to Improve ESG Data Management
- 3 years 6 months ago
- Data
Over nine out of ten (95%) buy-side financial services across the UK, US and Asia are looking to improve their ESG data management, with 80% of firms in total looking to do this within the next year. Additionally, 32% are planning on doing so in the next six months.
Drawbridge Wins ‘IT Provider: Cyber Security’ Award at the 2022 Drawdown Awards
- 3 years 6 months ago
- Cybersecurity
Drawbridge, a premier provider of cybersecurity software and solutions to the alternative investment industry, today announced it has been selected as ‘IT Provider: Cyber Security’ at the 2022 Drawdown Awards. The Drawdown Awards service provider categories recognize vendors who provide private equity firms with best-in-class solutions and expertise to drive growth.
Digital Banking Vendor Narmi Raises $35M
- 3 years 6 months ago
- Fundraising News
Narmi, a leading provider of open digital banking technologies, today announced $35M in Series B funding co-led by Greycroft and existing investors NEA and Picus Capital. Narmi is one of the fastest-growing companies servicing financial institutions in the United States and plans to leverage the new capital to develop its digital banking solutions more broadly, partner with new financial institutions, and accelerate the digital modernization of...
Shard Credit Partners Venture Debt Fund
- 3 years 6 months ago
- Fundraising News
Shard Credit Partners Limited announces the successful first close of its inaugural UK technology-focused venture debt fund, with £16.5 million in commitments from the UK and European institutional investors, alongside UK technology industry entrepreneurs. The fund will make investments in senior secured loans with equity warrants to venture capital-backed businesses in the B2B SaaS and Fintech sectors located throughout the UK.
Nebulon Boosts Ransomware Protection and Recovery with ImmutableBoot
- 3 years 6 months ago
- Security
Nebulon, Inc., the pioneer of cyber-resilient smartInfrastructure, today unveiled Nebulon ImmutableBoot, the newest service in its cyber-resilience portfolio. As the first “reboot-to-recover” ransomware solution for bare metal Linux, ImmutableBoot protects application infrastructure from a ransomware attack or a misconfigured operating environment with a simple server reboot to a known, good operating system version.
Mastercard Empowers Open Banking Startups to Scale and Expand Consumer Choice
- 3 years 6 months ago
- Open Banking
Mastercard has launched the Start Path Open Banking global program to engage open banking startups on their path to scale, uncover unique opportunities to co-innovate and power experiences that enable consumer choice.
US Banking Group Selects Temenos Banking Cloud to Enhance its Investment in Midwest Communities
- 3 years 6 months ago
- Banking
Temenos today announced that TS Banking Group, an Iowa-based banking institution, has selected Temenos Banking Services delivered on the Temenos Banking Cloud for a complete front-to-back digital transformation. TS Banking Group will migrate the entirety of its banking operations to Temenos’ leading open platform for composable banking.
B2Core Has Secured a Partnership with a Leading KYC Provider Shufti Pro
- 3 years 6 months ago
- Trading Systems
B2Broker is pleased to announce the collaboration of B2Core and Shufti Pro, a premier AI-powered identity verification company. The new partnership will enable us to streamline the identity verification process, making it faster than ever before, and ensure that our clients are always safe while onboarding legitimate new users. B2Core, in tandem with Shufti Pro, will maintain your safety and security!
Nexi Announces Sale of Technology Businesses Worth €57M to Euronext
- 3 years 6 months ago
- Banking
Nexi S.p.A. (“Nexi”) and Euronext Group (“Euronext”) announce the signing of the sale and purchase of the technology businesses currently powering MTS, Euronext’s leading fixed-income trading platform, and Euronext Securities Milan (formerly called Monte Titoli) by Nexi to Euronext (the “Transaction”).
