Banking Infrastructure

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AI-driven tech company Advance Intelligence Group secures $400m

Advance Intelligence Group, a Singapore-based AI-driven technology company, has successfully raised over $400m in its Series D round of financing. The funding round was led...

Majority of customers would abandon digital bank from one bad experience

A survey by Applause has found that 65% of respondents would abandon a digital service because the sign-up process was too difficult.

Open banking platform Tink raises new €90m investment round as Nordic FinTech sector matures

Having just filled its war chest with €90m of fresh capital, Swedish banking portal Tink is gearing up to roll out its services across...

SellersFunding closes sizable Series A on $166.5m

SellersFunding has reportedly raised $166.5m in a sizable Series A round, which will bolster its international growth.

Datrium has secured $60m in its Series D

Datrium, a cloud computing and data management company, has secured $60m in its Series D round of funding.

HKMA underlines next steps in Open API Framework introduction

The Hong Kong Monetary Authority (HKMA) has revealed its implementation plan for the third and fourth phases of its Open API Framework.
classwallet-picks-up-minority-growth-investment-from-guidepost

ClassWallet picks up minority growth investment from Guidepost

ClassWallet, a digital wallet technology platform for federal, state and local education and government agencies, has raised a significant minority growth investment.

Sokin links with Visa to offer digital accounts across Asia Pacific

Payments provider Sokin has teamed with Visa to roll-out its global currency account and debit cards across Asia Pacific.

Global core banking software market expected to be worth $16.38bn by 2027

The global core banking software market size is seemingly set for some impressive growth in the next seven years and is expected to reach a value of $16.38bn in 2027.

Holistic spend management software DiviPay nabs $20m

Australia-based DiviPay, which offers an all-in-one spend management solution for small-to-medium sized businesses, has bagged $20m in Series A funding.

News Stories

Jensten Group, a leading UK insurance broker, has announced that it has landed over £170m in new borrowing facilities over the past six months.

Jensten Group lands over £170m in new borrowing facilities to further growth plans

Jensten Group, a leading UK insurance broker, has announced that it has landed over £170m in new borrowing facilities over the past six months.
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.

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