ICYMI fintech funding round-up: Refine Intelligence, Apiture, Solvimon and more
Refine Intelligence:Raised $13 million in seed funding.
Uses AI to scan AML alerts, reducing investigation time.
Plans expansion in North America, Europe,...
Lack of funding forces US credit card fintech Ness to close down
Ness Closure Announcement:US fintech Ness, specializing in credit cards for wellcare, is shutting down.
CEO Derek Flanzraich cites running out of cash...
Apple Pay rolls out new open banking feature for UK customers
New Apple Pay Feature in the UK: Open BankingApple Pay introduces a new feature in the UK.
Allows customers to link their...
AMP Bank and Salt Bank tap Starling’s Engine platform for digital banking offerings
Adoption of BaaS Technology:Australia’s AMP Bank and Romania's Salt Bank adopt Starling Bank’s Banking-as-a-Service (BaaS) technology platform Engine.Global Expansion:Starling Bank's...
Redpin launches with new strategy and £140m in funding
Redpin's New Strategy and Funding:UK-based Redpin Holdings, operator of Currencies Direct and TorFX, launches a new strategy.
Secured £140 million in funding...
Dutch payment processor Silverflow lands $16.3m funding
Funding Success: Amsterdam-based payment processing tech company Silverflow secures $16.3 million (€15 million) in a funding round led by Global Paytech Ventures.
Investor Participation: Picus...
Ireland’s Synch ditches plans to roll out mobile payments app
Synch Payments, founded in 2020 by leading Irish banks AIB, Bank of Ireland, Permanent TSB, and KBC, is abandoning plans to launch its...
Lynx raises £15m Series A funding to fight fraud and financial crime
Funding News: Fintech firm Lynx secures £15 million in Series A funding.
Investors: Funding round led by Forgepoint Capital, with participation from Banco Santander.
Technology...
Commerzbank becomes first German bank to receive crypto custody licence
Commerzbank granted first crypto custody license among German full-service banks
Aims to develop a range of digital asset services, with a focus on...
