Challenger bank Penta closes Series B round with €7.5m totalling funding amount to €30m
German challenger bank Penta has topped up its Series B adding an additional €7.5m injection, therefore bringing its total amount raised to €30m.
FinMkt partners with Persistent to provide banks with digital lending solutions
Point of sale (POS) financing SaaS provider FinMkt has teamed up with global solutions company Persistent.
Accounting firm Ageras secures $73m to ease financial needs for businesses
Investcorp-backed global asset manager company Ageras has raised $73m in new funding round from Lugard Road Capital.
Creatio scores $68m in growth funding
Creatio, a low-code software for process management and CRM, has netted $68m in a growth funding round.
Earnix becomes the next FinTech unicorn
Earnix, which has built an AI-powered pricing and product personalisation platform for insurance and banking, has reached the highly coveted unicorn status.
Nearly half of banks could soon be digital – new survey finds
Almost half of the banking executives around the world are looking to digitalise their businesses, according Temenos' new research.
Particeep scores minority investment from Truffle Capital and Sopra Steria
Particeep, a SaaS distribution platform for financial products and services, has scored an investment from Truffle Capital and Sopra Steria.
IKEA forays into banking sector with a 49% stake in Ikano Bank
Expanding its business into other areas, Swedish furniture giant IKEA has entered the banking space by acquiring a 49% stake in Ikano Bank.
What do these 36 FinTech rounds raised in the last week reveal about the...
WealthTech and cybersecurity enterprises were among the FinTech businesses that closed investment rounds in the last seven days.
Companies operating in the WealthTech, cybersecurity, RegTech,...
Purpose Financial receives investment from Allianz
Purpose Financial, which claims to be building the next generation of banking technology, has secured funding from the investment division of Allianz Group.
