Europe embraces open banking, Tink reports
Financial institutions across Europe are “betting big” on open banking payments, according to new research from European open banking platform Tink, citing tangible benefits for merchants and their end users.
Payment solution for on-demand workers Sonovate closes £165m securitisation deal
Sonovate, a developer of embedded finance and payment solutions for the contingent workforce, has bagged £165m in a securitisation deal.
Freelancers are waiting 3x longer to get paid than contracted staff – report finds
Freelancers wait three times longer to get paid than full time staff, as firms struggle with both cash flow and payroll issues, according to research from Sonovate.
METAV.RS nets €3m to help companies manage their metaverse presence
METAV.RS, a white label solution that facilitates the creation of NFTs and their sale via dedicated websites, e-shops or marketplaces, has raised €3m in seed funding.
EMTECH secures $4m for its financial inclusion mission
EMTECH, which is on a mission to drive financial inclusion around the world, has reportedly raised $4m in funding.
Singapore-based neobank Aspire bags $100m
Aspire, a Singapore-based neobank serving SMBs and startups in Southeast Asia, has raised $100m in a Series C funding round.
US-based rent reporting platform, Boom, secures $4.5m in seed funding round
Boom, a rent reporting platform, has successfully garnered $4.5m in a seed funding round. Among the investors in this round were William Hockey and Zach Perret, the co-founders of the financial services company, Plaid.
Lighter Capital closes $130 million credit facility to support early-stage companies
Revenue-based financing fintech Lighter Capital has closed a $130m credit facility, and plans to use the capital to fund early-stage companies.
Eltropy and Fiserv enhance credit union services with Portico integration
Eltropy, known as the premier digital conversations platform for community financial institutions (CFIs), has revealed its collaboration with Portico by Fiserv, a comprehensive account processing platform.
Peppermint Innovation secures A$1.1m for AI and customer experience advancements
Peppermint Innovation, an ASX-listed FinTech company, has successfully raised AUD $1.102m in a recent funding round.
The investment came through a placement to sophisticated and...
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