TrueLayer raises US$70m to build the world’s most valuable Open Banking network
TrueLayer, Europe’s leading open banking platform, today announced it has secured a US$70m Series D investment round led by new investor Addition. The latest raise reflects the growing demand for its open banking-based services and marks another significant milestone for TrueLayer on its mission to open up finance, building an open banking network that brings together payments, financial data, and identity to redefine how people spend, save, and transact online. Existing investors, including Anthemis Group, Connect Ventures, Mouro Capital, Northzone, and Temasek, also participated, with a significant increase to the company’s valuation. Additional investors in the round include Visionaries Club, Surojit Chatterjee (CPO Coinbase), Zack Kanter (CEO Stedi), Daniel Graf […]
Tier-1 global investment bank extends existing Asian use of GBST’s Syn~Ops to incorporate European market securities processing
A leading global investment bank and client of GBST has extended its deployment of GBST’s Syn~Ops platform, enabling securities processing in Europe.
LendInvest taps Credit Kudos to boost its lending decisions
Credit Kudos will deploy its credit referencing tools to help LendInvest provide a more secure service and make better, more informed lending decisions.
Banking Circle enhances frictionless cross border payments with purpose-built, cloud-based payments platform
Banking Circle, the financial infrastructure provider, today announces that it is now completely cloud-based.
Revolut seeks to join U.S. Online Banking rush with new license
Revolut has asked U.S. regulators for a banking license in a effort to capture more of the country’s switch to online financial services.
Mambu first to market with Sharia-compliant SaaS banking platform
Mambu, the newly-minted fintech unicorn, today announced the highly anticipated launch of the Sharia-compliant version of its SaaS banking platform.
New fintech combining banking and wealth management Ikigai launches in the UK
Ikigai, a new fintech offering wealth management and e-money accounts, has launched in the UK.
Global fintech Railsbank partners with neobank Volt to launch in Australia
Railsbank, a leading global embedded finance platform, has launched in Australia via a partnership with the country’s first neobank Volt.
