NDGIT collects €4m for Open Banking platform

NDGIT, which offers banks and insurers an Open Banking platform, has closed a €4m Series A funding round.

Plotly Technologies receives funding from fellow AI company

Plotly Technologies, an analytics software developer, has received a $1.7m investment from fellow AI company Scale AI.

Troubled Metro Bank signs partnerships with three FinTech companies

While Metro Bank is still struggling with the fallout from a massive accounting error that slashed millions from its value, the bank has announced a trio of FinTech partnerships.

UAE-based Bayzat collects $16m Series B

Bayzat, company offering human resources, payroll, and employee benefits, has collected $16m in its Series B.

FinTech unicorn Marqeta signs Mambu partnership

Having achieved a $2bn valuation through its Series E round earlier this year, Marqeta is signing off 2019 with a new partnership.

Expat banking solution Denizen shuts down after failing to scale

Denizen is shutting down barely three years after the global banking solution first saw the light.

London-based Bud lands £1.5m, signs deal with HSBC

Bud, a London-based banking app and website that aggregates financial services, has raised £1.5m in funding.

LNC acquires CrossLink from its existing ownership

LNC Partners has acquired tax software developer CrossLink Professional Tax Solutions from the existing ownership.

SmartStream Technologies partners up with Union Systems

SmartStream Technologies will work with Union Systems to help organizations with their digitalization strategies of post-trade environments.

TONIK has selected the Finastra to power its banking infrastructure

Digital bank TONIK has picked Finastra’s Fusion Essence for its end-to-end core banking capabilities.

News Stories

Curve makes bid for £10m grant from the BCR Capability and Innovation Fund

UK FinTech Curve has made a bid for a £10m grant in order to upgrade SME financing during the pandemic.

Email security startup IRONSCALES scores $8m in Series B round

IRONSCALES, a self-learning email security solution, has scored $8m in its Series B round to support its rapid growth plans.

End-to-end cybersecurity solution Oomnitza closes its Series B on $12.5m

Oomnitza, which helps companies to secure and manage their digital presence, has closed its Series B round on $12.5m.

Clara Insurance rebrands to Brella after extending its seed round

Clara Insurance has rebranded to Brella Insurance, in tandem with the close of a $1.5m funding round.

High Court slams Avacade and Alexandra Associates with £10.7m fine

The UK High Court has ordered pension introducers Avacade, Alexandra Associates and their directors to pay £10,7m restitution to consumers.