Banking Infrastructure

Integrated Finance closes ?2m seed round to improve collaboration in finance

Integrated Finance, a FinTech infrastructure platform, has netted ?2m in its seed funding round, which will bolster its platform development.

Over 100,000 banking jobs predicted to be lost in next five years to automation

Wells Fargo managing director Mike Mayo has claimed he expects automation to eliminate over 100,000 banking jobs over the next five years.

How can artificial intelligence transform the banking sector?

A report from banking platform Mambu and Google Cloud has claimed AI will ‘reshape the world of banking as we know it’ and deliver more personalised experiences.

Why flexibility is imperative when developing digital financial services

A recent blogpost by WealthTech firm Kidbrooke has examined the key technological factors that ensure the flexibility of digital financial services.

SaaS banking dev Mambu hits €4.9bn valuation

Mambu, a SaaS banking platform, has hit a €4.9bn valuation following the close of a €235m Series E round.

Akulaku mulls going public

Indonesia-based digital finance platform Akulaku is considering a merger with special purpose acquisition company (SPAC) Catcha Investment Corp, according to a report by PYMNTS.

Monneo and Kantox partner for banking-beyond-borders

Virtual IBAN and corporate account provider Monneo has partnered with Kantox to offer currency management automation on cross-border payments.

Singapore’s Docsumo scores seed funding

Singapore-headquartered Docsumo, which helps firms automate decisions from customer documents, has netted $3.5m in its seed funding round.

Nova Credit expands into Europe to serve migrant corridors

Nova Credit, a FinTech that says it is unlocking opportunities for those historically excluded from the credit system and companies looking to serve them, has expanded into Europe.

Digital wealth management solution Quantifeed scores Series C

Quantifeed, which claims to be Asia leading digital wealth management solution developer for financial institutions, has closed its Series C round on an undisclosed amount.

News Stories

Tackling money laundering: How KYC loopholes are exploited by criminals

KYC protocols serve as the cornerstone of AML efforts, obliging financial institutions to verify their customers’ identities.

FINSIGHT acquires T-REX to revolutionise global private credit analytics

FINSIGHT has acquired T-REX to advance cashflow analytics in the global private credit and structured finance sectors.
Egress

KnowBe4 acquires Egress to enhance AI-driven email security

KnowBe4 has announced its plans to acquire Egress, a prominent figure in adaptive and integrated cloud email security.
ThreatLocker

ThreatLocker bags $115m in Series D to bolster cybersecurity offerings

ThreatLocker, an Orlando, Florida-headquartered cybersecurity firm, has successfully completed a $115m Series D funding round.
Nagomi

Nagomi Security unveils $30m boost in proactive cybersecurity management

Nagomi Security, a key player in the cyber sector, announced today its emergence from stealth mode with a substantial $30m in funding.

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