OpenFin takes $15m from Wall Street firms
New York-based startup OpenFin has landed $15m in its Series B round from a host of Wall Street firms and their venture arms for its financial desktop applications operating layer.
ANEXIO secures $8m credit facility from Bridge Bank
Desktop to data centre solution ANEXIO has received an $8m credit facility from Bridge Bank, a division of Western Alliance Bank.
Tangerine partners with Meniga to support Canadian consumers with finances
Canadian direct bank Tangerine has formed a partnership with Meniga, a digital banking solution developer.
Less than a fifth of banks use AI technology holistically
Despite nearly all commercial banks using AI, only 19% are using the technology holistically across the enterprise, according to a study from Genpact.
Sila nets $7.7m in its seed round to support the release of new services
Banking and payments API platform Sila has netted $7.7m in its seed funding round to support the development of new products.
Shengli Financial Software said to close its Series B round
China-based FinTech company Shengli Financial Software has reportedly raised RMB 100m ($14.3m) in its Series B+ round.
Upvest scores €5m in its Series A extension
Berlin-based plug-and-play pan-European securities API platform Upvest has scored €5m in an extension to its Series A round.
SumUp collaborates with ZSL on new contactless fundraising tech
UK-headquartered FinTech SumUp has partnered with the Zoological Society of London (ZSL) to develop a digital in-house fundraising technology to make contactless donations.
Virgin Money teams with UK FinTech firm to bolster lending offering
Virgin Money has partnered with FinTech company Trade Ledger to deliver a quicker, more user-friendly experience for business customers applying for lending.
Blockchain unicorn Figure Technologies hits $3.2bn valuation after Series D close
Figure Technologies, which designed blockchain technology platforms for financial services, has hit a $3.2bn valuation after closing its Series D.
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