July 23, 2024
Via: FinTech FuturesBank of Clarke customers can now register online for a complimentary Greenlight subscription and link their Bank of Clarke account as a funding source. With this move, the company becomes the first community bank in Virginia to connect with Greenlight’s […]
July 12, 2024
Via: FinTech FuturesThe Kuala Lumpur-headquartered commercial bank will make use of the vendor’s B2B payments platform as part of the deal. The platform claims to converge payment processes across both high and low-value payments, corporate and retail internet banking, ATMs and through […]
Activity, Capital and Risk, Corporate Banking, Operational
June 14, 2024
Via: FinTech FuturesThe move aims to streamline data management for the bank’s developers and foster the development of user-friendly banking services. In particular, the bank, which chose Google Cloud to host its digital banking system last year, aimed to implement a new microservices architecture […]
June 5, 2024
Via: FinTech FuturesBunq’s collaboration with Mastercard will see it leverage the payment giant’s Open Banking platform, which will enable Bunq customers to add accounts from any bank to their Bunq app, providing them with a “complete overview of their finances” and spending […]
June 4, 2024
Via: FinTech FuturesFounded in 1994, Allpay primarily serves the UK public and social housing sector, providing a range of payment channels to approximately 90% of the UK’s leading 200 housing associations and 50% of local authorities. Through the partnership, the companies intend […]
May 28, 2024
Via: FinTech FuturesThe Dutch giant anticipates that the combination of HAL with its German private banking arm Bethmann Bank will solidify its “top three position” in the German wealth management sector. The merged entity is expected to manage approximately €70 billion in […]
May 21, 2024
Via: FinTech FuturesPowered by Mambu’s core banking platform and supported by Backbase as the app’s “anchor platform” for onboarding, transaction processing, financing, consumer servicing and engagement, Backbase says the upcoming super-app will accommodate “the needs of diverse consumers in Malaysia beyond traditional […]
April 22, 2024
Via: FinTech FuturesThe bank, which has been lending to UK-based SMEs since 2020, reports that its revenues increased 141% in the 12 months up to 31 December, standing now at £191 million. Filing a 75% increase in customer deposits to £2.6 billion, […]
February 22, 2024
Via: TechBullionAs the business world continues to evolve, so too does corporate banking. From digital transformations to innovative financial solutions, staying ahead of the game is essential for success in today’s competitive market. In this blog post, we’ll explore the top […]
February 12, 2024
Via: Banking DiveBill Holdings had been planning on increased work from Bank of America, but now that plan is up in the air, the CEO for the bill-pay fintech said last week. Bill, which provides bill pay and other accounting software services […]
Activity, Capital and Risk, Corporate Banking, Credit
January 31, 2024
Via: Banking DiveSellersFi, a global e-commerce financing and financial services company, is partnering with Amazon Lending to offer eligible sellers credit lines of up to $10 million, the companies announced Tuesday. CEO and co-founder Ricardo Pero said the credit lines are targeting […]
January 30, 2024
Via: Banking DiveBilled as a “merger of equals,” the deal will create a $4.6 billion-asset company with a presence in some of California’s strongest areas for mid-market business banking. “The expanded scale and capabilities we will have as a result of this […]
January 18, 2024
Via: TechBullionAre you intrigued by the world of mergers and acquisitions? Wondering about the crucial players behind these multimillion-dollar deals? Look no further, as we delve into the captivating role of corporate banking in financing such monumental transactions. Join us for […]
December 18, 2023
Via: FinTech FuturesThe round was led by Tribe Capital, with participants including Cervin Ventures, Tru Arrow, MS&AD Ventures and Alumni Ventures, among others. Founded in 2021 and based in Mexico City, Kapital offers a financial automation platform and credit, billing, payroll and […]
December 13, 2023
Via: FinTech FuturesLeading the round was Sanabil Investments, a subsidiary of the Kingdom’s Public Investment Fund (PIF), which was joined by other participating investors including Shorooq Partners and AB Ventures. The raise builds on the company’s earlier Series A funding round of […]
November 30, 2023
Via: FinTech FuturesThe equity round was led by Group 11 with participation from Upper90, Vera Equity, Slow Ventures and angel investors from other fintech companies. Founded by former employees of Microsoft, Stripe, Lyft and Tipalti in 2022, CapitalOS says its software enables […]
November 28, 2023
Via: FinTech FuturesLaunching this month, the bank has allocated $150 million (AUD 227 million) to lend between $6.6 million and $19.8 million to late stage venture capital-backed companies operating in the technology and new economy sectors. Venture debt forms an attractive alternative […]
November 8, 2023
Via: Banking DiveBluevine on Wednesday announced the launch of Bluevine Premier, a high-yield checking account for small-business owners that offers a 4.25% annual percentage rate on balances up to $3 million. The offering pairs a high return with cash flow flexibility, two […]
November 7, 2023
Via: FinTech FuturesThe offering pairs “overlooked and underserved” founders and C-Suite executives with an OakNorth business partner, who will collaborate with the client to understand their business needs and goals, and provide tailored information on what the bank can offer. The product […]
October 26, 2023
Via: Banking DiveBanks are more effective in helping small-business owners navigate the present market conditions with improved digital tools and more supportive relationship managers, the J.D. Power 2023 U.S. Small Business Banking Satisfaction Study published Thursday finds. Compared to last year, small-business […]