Productfy said to close seed round on $2.35m to support its financial application development...
Productfy, which empowers companies to build secure financial applications, has reportedly raised $2.35m in its seed round.
Alternative to business banking Zeller said to close $25m Series A round
Zeller, which offers an alternative to business banking, has reportedly revealed that it collected $25m in its Series A last year.
Gemini, Mastercard team to introduce cryptocurrency reward credit card
US cryptocurrency enterprise Gemini has launched a first-of-its-kind cryptocurrency rewards credit card in partnership with Mastercard and WebBank.
Tink bolsters open banking offering with FinTecSystems purchase
Swedish open banking startup Tink is set to acquire German firm FinTecSystems for an undisclosed amount.
Cushon raises £26m from equity raise, credit facility to fuel further acquisitions
UK FinTech pension and savings provider Cushon has secured $26m from an equity raise and a credit facility.
Study finds central bank digital currencies may trigger stronger forex controls
A study by the Bank for International Settlements (BIS) has discovered the introduction of central bank digital currencies (CBDCs) may lead to greater foreign exchange controls.
Report finds branch-based banking may become obsolete within five years
A report published by Temenos has found that 65% of global banking executives believe branch-based banking will be ‘dead’ within a five-year period.
Research anticipates quantum computing boom in financial services by 2026
A report has found that sales of quantum computers and related services to the financial services industry will total $450m by 2026.
HSBC Qatar introduces mobile payments service in banking digitisation push
HSBC Qatar has unveiled a new mobile payments and collections service for its customers as it continues its investment into digitising banking services.
PayU teams with AU10TIX to simplify merchant onboarding process
FinTech firm PayU has partnered with identity management company AU10TIX to help streamline its screening and onboarding process.