Digital wealth management solution Quantifeed scores Series C
Quantifeed, which claims to be Asia’s leading digital wealth management solution developer for financial institutions, has closed its Series C round on an undisclosed amount.
Thought Machine doubles valuation to $2.7bn
Cloud-native banking technology developer Thought Machine has reached a $2.7bn valuation after the close of its Series D on $160m.
Unit becomes first banking-as-a-service provider to reach unicorn status
Unit hits $1.2bn valuation, which it claims makes it the first banking-as-a-service platform to reach unicorn status.
Experian to acquire Brazilian FinTech MOVA
Experian, the global consumer credit reporting company, has agreed to acquire MOVA Sociedade de Empréstimo entre Pessoas S.A, a Brazilian FinTech.
Swedish expenses tool Findity scores $4.9m
Swedish expense management company Findity has raised SEK 50m ($4.9m) as it bolsters its international expansion efforts.
TIFIN scores $109m in its Series D
TIFIN, which leverages AI to offer personalised investor experiences, has closed its Series D on $109m.
Irish FinTech company Stanhope raises $10m
Irish FinTech company Stanhope Financial Group has received an excess of $10m for its Series A funding round.
Yapily to acquire finAPI for open banking ambitions
Yapily, an open banking payment platform, has signed an agreement with SCHUFA to acquire finAPI, a provider of open banking solutions in Germany.
Apple commits capital to empower underserved communities
Apple has committed $25m via the CNote platform, an Oakland-based FinTech, to support underserved communities across the country.
Financial inclusivity advocate Line nets $25m
Line, a company building a modern inclusive financial network, has raised $25m in Equity and Debt, in a funding round led by Massive.