WealthTech

Younger generations willing to switch banks with greener credentials

Younger generations are willing to switch providers if their bank doesn’t have strong environmental credentials, according to a study from Tink.

TrueNorth partners with Codat to integrate API solutions for financial institutions

Financial software development company TrueNorth has collaborated with UK-based Codat with the aim to integrate its API solution for Codat’s FI clients, therefore giving them direct access to a software engineering implementation team.

Trumid picks up $53m investment led by Singapore Exchange

Trumid, an electronic trading platform for corporate bonds, has picked up a $53m growth investment.

Financial institutions individually spent over €50m on open banking last year

From: RegTech Analyst Open banking may have divided market stakeholders about how successful the initiatives have been so far, but that hasn't stopped financial firms...

EasySend hits $71.5m total funding after Series B close

EasySend, a no-code digital transformation platform, has closed its Series B funding round, which brings its total equity raised to $71.5m.

NuBank mega $400m Series F round will turn it into a decacorn

A new $400m round could have pushed challenger bank NuBank valuation over the $10bn mark, making it allegedly join the coveted decacorn club. That means it could be a unicorn ten times over.

Uplinq & Visa partner to enable access to working capital for small business

Uplinq Financial Technologies has revealed that it has partnered with global digital payments firm Visa, to enable access to working capital for small business.

Raisin provides a private bank with its deposits solution

Open banking platform Raisin is supplying its deposits platform to Germany Bankhaus Hauck & Aufh?user as part of a new deal.

South Korean financial “super app” Toss valued at $7.4bn in latest funding

Viva Republica, the Seoul-based FinTech company operating mobile financial app Toss raised $410m in fresh funding, which values the company at $7.4bn.
wealth

BMO Wealth Management picks FactSet as primary data provider

BMO’s wealth management division has chosen FactSet, a global financial digital platform, as its primary market data provider.

News Stories

EU launches new anti-money laundering agency in Frankfurt to bolster financial security

MEPs have approved the establishment of a new EU anti-money laundering agency, which will be based in Frankfurt.

Tackling money laundering: How KYC loopholes are exploited by criminals

KYC protocols serve as the cornerstone of AML efforts, obliging financial institutions to verify their customers’ identities.

FINSIGHT acquires T-REX to revolutionise global private credit analytics

FINSIGHT has acquired T-REX to advance cashflow analytics in the global private credit and structured finance sectors.
Egress

KnowBe4 acquires Egress to enhance AI-driven email security

KnowBe4 has announced its plans to acquire Egress, a prominent figure in adaptive and integrated cloud email security.
ThreatLocker

ThreatLocker bags $115m in Series D to bolster cybersecurity offerings

ThreatLocker, an Orlando, Florida-headquartered cybersecurity firm, has successfully completed a $115m Series D funding round.

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