Search Results for: Traditional banks

Mambu-Reports-Company-Wide-Growth-in-2020
Banking Fintech Investment Services News

Mambu Reports Company-Wide Growth in 2020

Fintech News Desk
by Fintech News Desk0
Mambu, a cloud banking platform for banking and lending businesses, announced today it experienced company-wide growth during 2020. The company quickly helped 26 financial institutions (FIs)adapt to market changes, including a record two-week implementation. This announcement follows another year of approximately 100% YoY growth for Mambu in the banking software......
Milo Raises $6 Million in Seed Funding from QED and MetaProp
Fintech Fintech Funding Fintech Startups Investment Services Mobile Banking News

Milo Raises $6 Million in Seed Funding from QED and MetaProp

Fintech News Desk
by Fintech News Desk0
Milo, the digital banking and lending startup serving global consumers, announced a $6 million Seed financing round led by fintech specialist QED Investors with participation from MetaProp and 10X Capital. The capital will support continued technological innovation and team growth. “Our mission is to reimagine how global consumers access financial solutions in......
Banking Business Featured Fintech

Core Banking and Infrastructure Service Platforms Making Waves in the Industry

Fintech News Desk
by Fintech News Desk0
“At its core, banking is not simply about profit, but about personal relationships – Felix Rohatyn.” The competition in the banking industry is intensifying. Where neobanks are giving brick and mortar branches competition, it is a daunting task for banks to stay updated. This is the point where Fintech is......
Mambu Raises €110 Million in Funding Round Led by TCV
Banking Fintech Fintech Funding News

Mambu Raises €110 Million in Funding Round Led by TCV

Fintech News Desk
by Fintech News Desk0
Mambu, the market-leading SaaS banking platform, today announced its latest funding round of €110 million ($134 million USD) in new capital. This round was led by TCV, whose investments include Netflix, RELEX, Spotify, and WorldRemit. Additional investment was received by Tiger Global and Arena Holdings, as well as existing investors......
Current Becomes First Mobile Bank to Launch Points Rewards
Fintech Mobile Banking News

Current Becomes First Fintech To Receive Government Stimulus Payments

Fintech News Desk
by Fintech News Desk0
Current, a leading U.S. challenger bank serving Americans overlooked by traditional banks, announced it was the first fintech in the country to receive the second round of government stimulus payments. Read More: OWNR Announces Its Cryptocurrency Wallet Turns Into A Wholesome Ecosystem Current received the payments before 9 p.m. ET on Tuesday,......
Artificial Intelligence Featured Fintech Mobile Banking

AI Powered Fintech Platforms That Are Enabling Better Cashless Payments

Fintech News Desk
by Fintech News Desk0
Artificial Intelligence makes cashless payments seamless and simple. Undoubtedly, artificial intelligence has turned out to be the backbone of the Fintech revolution. From the high yielding ROI to an added hand at cybersecurity and judging fraudulent activities before they happen, AI has multi-faceted uses that is helping fintech grow exponentially.......
Fintech Platforms That are Enabling SMBs with Better Lending Facilities
Banking Featured Fintech Mobile Banking

Fintech Platforms That are Enabling SMBs with Better Lending Facilities

Fintech News Desk
by Fintech News Desk0
Traditional banks have been revolutionized and today’s digitized banking sector has led to an increased usage of internet banking, electronic gadgets to transact from and other forms of digital banking. The banking sector combined with banking as a services has evolved to now even change how fintechs offer lending services......
Neo Financial Raises $50 Million in Series A Funding and Debt Financing
Capital Markets Fintech Fintech Funding News

Neo Financial Raises $50 Million in Series A Funding and Debt Financing

Fintech News Desk
by Fintech News Desk0
Fintech startup raises one of the largest Series A rounds in Western Canada amidst unprecedented year  Neo Financial (Neo), a technology company created by two of the co-founders of SkipTheDishes, announced it has completed a $25 million Series A fundraising round alongside $25 million in debt facility financing, bringing this funding......
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