Monzo’s valuation tops $5bn with $430m Alphabet-led funding round
Monzo Funding Round:Amount Raised:Monzo, the UK challenger bank, has secured $430 million in a recent funding round.Lead Investors:The funding round...
BaaS vendor Synctera lands additional $18.6m Series A cash injection
Synctera Funding and Expansion:Funding Boost:Synctera, a US-based Banking-as-a-Service (BaaS) platform, has secured an additional $18.6 million in funding.
The funding round was...
Banking Technology Magazine March 2024 issue out now
The March edition of Banking Technology Magazine highlights various developments in the fintech industry:Avenue Bank's Unrestricted Banking License:Avenue Bank, a digital business...
CGS International in Singapore taps Broadridge for securities finance platform
CGS International, a Singapore-based financial services provider, has selected Broadridge's Securities Finance and Collateral Management (SFCM) platform to enhance its securities finance offering.
...
UK challenger OneBanx appoints Javed Anjum as new CEO
Javed Anjum has been appointed as the new CEO of UK-based challenger OneBanx.
Anjum, who was previously a board member at OneBanx and...
Banking veteran Marc Page hired by Metro Bank as CFO
Metro Bank has appointed Marc Page, formerly of Barclays, as its new Chief Financial Officer (CFO), effective from 2 September.
Page, who has...
Indonesian fintech start-up Wagely lands $23m in mix of equity and debt financing
Wagely, a financial wellness app based in Indonesia, has secured $23 million in a funding round comprising both equity and debt financing.
The...
Lloyds Bank backs new £62m community development fund
Lloyds Banking Group is leading a £62 million investment in the Community Investment Enterprise Fund (CIEF), which aims to support small businesses in...
Deel acquires Africa-based payroll company PaySpace
HR solutions fintech Deel has acquired payroll and HR company PaySpace for an undisclosed amount.
PaySpace, founded in 2002 and based in South...
