Tag: Financial Services/Finserv
Commerce Bank goes live with instant payment service FedNow through Temenos Payments Hub
Commerce Bank Modernisation Strategy:Commerce Bank, headquartered in Kansas City, has gone live with the FedNow instant payments service.
This is part of...
French fintech Lydia launches digital banking app Sumeria
Company Overview:French fintech start-up Lydia.
Originally launched in 2013 as a P2P payments app.
Currently serves 8 million users in France, Spain,...
US fintech Yendo secures $165m in mix of debt financing and equity
Company Overview:Yendo is a US fintech offering the world’s "first-ever vehicle-secured" credit card.
Launched in 2022 and based in Dallas, Texas.Funding...
South African fintech Lesaka snaps up Adumo in $86m deal
Acquisition Details:Lesaka Technologies, a South African fintech firm, has signed a definitive agreement to acquire fellow South Africa-based paytech Adumo.
The deal...
Monzo secures additional $190m funding from new and existing investors
Funding Round Details:Monzo, the UK-based digital challenger bank, has secured an additional $190 million in its latest round of funding.
The funding...
Ecology Building Society set for 2025 core banking overhaul with Monument Technology
Partnership Overview:UK-based mutual Ecology Building Society has partnered with Monument Technology, a technology division of domestic challenger bank Monument, for a significant...