Alkami Technology, a cloud-based digital banking service provider for US banks and credit unions, has netted $55m in its Series E funding.
Synapse, a banking API developer, has closed its Series B on $33m to support its growth strategy for 2019 which includes the launch of brokerage accounts.
Step, a mobile banking app designed for families and teens, has closed its Series A on $22.5m.
Open banking API developer Tink has received an investment from online payments giant PayPal.
A study from Mastercard has revealed 85 per cent of consumers in the EU are not aware of PSD2 or have very little knowledge of it.
Pillar, which helps users manage and save money to improve student loan repayments, has launched its services, marking this with the $5.5m seed round close.
Yapily, which builds APIs connecting banks with other providers, has secured $5.4m in its Seed funding round.
Qatar Investment Authority has led a hefty financing round for mobile-first personal finance company SoFi which values the business at $4.3bn on a pre-money basis.
US-based open banking platform Plaid has launched its services into the UK, with plans to deploy across the rest of Europe.
VC-backed retail brokerage platform Robinhood Markets is set for a valuation of up to $8bn thanks to a new funding round, it is understood.