Banking Infrastructure

solarisBank bags €56.6m in its latest funding round

German banking platform solarisBank AG has bagged €56.6m in its Series B funding round.

Ontario Systems acquires Justice Systems for an undisclosed amount

Revenue cycle management software company Ontario Systems has acquired Justice Systems, a court case management and electronic payments solution developer.
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SIX increases stake in Swiss Euro Clearing Bank to 100%

Switzerland-based financial services technology provider SIX has acquired the remaining stake of German-based Swiss Euro Clearing Bank (SECB).

Worldpay hits $43bn valuation in buyout by FinTech major FIS

Global payments business WorldPay has hit a $43bn valuation including debt by being bought out by New York-listed fintech major FIS.

Alterna Bank partners up with bank operating system provider nCino

FinTech startup nCino will provide its banking operating systems to Alterna Bank in a new deal.

Finastra owners reportedly looking to sell a stake in the business

Vista Equity Partners is reportedly looking to sell a minority stake in Finastra, a financial software developer.

Nubank is telling customers to stop trying to use digital wallets to delay payments

Brazilian challenger bank Nubank has indirectly told off some of its clients for trying to trick the system.

UK challenger bank OakNorth partners with SME-focused lender OIMIO

Dutch commercial real estate lender OIMIO has launched through a collaboration with UK-based challenger bank OakNorth.

Wealth management technology builder Addepar closes new round

Wealth management technology platform Addepar has collected $40m in a funding round from global equity firm WestCap Group.

Dataiku inks partnership to boost NatWest Markets front office capabilities

Artificial intelligence leader Dataiku has signed a partnership with NatWest Markets, which offers risk management, trading solutions and debt financing to customers of NatWest Group.

News Stories

The Board of Directors of Generali has approved a new organisational structure to reflect the Group’s main activities, as proposed by the Group CEO, Philippe Donnet.

Generali approves new organisational structure for an integrated insurance and asset management group

The Board of Directors of Generali has approved a new organisational structure to reflect the Group’s main activities, as proposed by the Group CEO, Philippe Donnet.
Investor Beat Capital Partners is set to launch Convergence, a credit insurance business led by founder and chief executive Stephen Pike.

Stephen Pike to head new credit insurance venture backed by Investor Beat Capital Partners

Investor Beat Capital Partners is set to launch Convergence, a credit insurance business led by founder and chief executive Stephen Pike.
Mulberri, an AI-driven insurance platform, has announced a partnership with Acronis to offer their Cyber Insurance to Acronis' small and medium-sized business customers in the US.

Mulberri and Acronis join forces to offer embedded cyber insurance to US SMBs

Mulberri, an AI-driven insurance platform, has announced a partnership with Acronis to offer Mulberri’s Cyber Insurance to Acronis' small and medium-sized business customers in the US.
Mastercard has unveiled a new mobile virtual card app designed to facilitate seamless corporate payments by enabling virtual commercial cards to be easily added to digital wallets.

Mastercard launches mobile virtual card app to simplify travel and business expenses

Mastercard has unveiled a new mobile virtual card app designed to facilitate seamless corporate payments by enabling virtual commercial cards to be easily added to digital wallets.
NMI, a global leader in embedded payments, has introduced the ID TECH VP3350 mobile card reader, expanding the range of devices supported on its gateway.

NMI unveils new mobile card reader to enable seamless payments for partners

NMI, a global leader in embedded payments, has introduced the ID TECH VP3350 mobile card reader, expanding the range of devices supported on its gateway.

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