Tag : Banking as a Service

Nium Raises US$200+ Million Series D and Becomes First Global B2B Payments Unicorn from Southeast Asia
B2B Banking Digital Payments News

Nium Raises US$200+ Million Series D and Becomes First Global B2B Payments Unicorn from Southeast Asia

FTS News Desk
Company valuation soars above US$1 Billion with capital raised to accelerate its product roadmap and drive global expansion Nium, a leading global B2B payments platform, announced it has raised a US$200+ million Series D round led by Riverwood Capital – a U.S.-based high-growth tech investor. Temasek, Visa, Vertex Ventures, Atinum Group of......
Angel Oak Companies to Acquire Canadian Startup Covience
Banking Digital Fintech Mobile Banking News

Angel Oak Companies to Acquire Canadian Startup Covience

FTS News Desk
Dedication to technology and growth showcased by Angel Oak’s latest acquisition As part of its commitment to delivering new, innovative products for its discerning investors and clients, Angel Oak Companies (“Angel Oak”) announces its intention to acquire Canadian startup Covience in August 2021. Since 2019, Covience, which is based in Toronto, has been offering......
LendKey Appoints Joe Proto to its Board of Directors
Banking Fintech News

LendKey Appoints Joe Proto to its Board of Directors

FTS News Desk
Company grows Board of Directors in concert with new banking-as-a-service innovations, lending momentum, and strong first-half financial performance LendKey, the fintech company on a mission to make lending simpler, announced the appointment of Joe Proto, EVP Senior Advisor at Mastercard, to its Board of Directors. Proto currently serves on LendKey’s......
Juniper Research Over Half of Global Population to Use Digital Banking in 2026; Driven by Banking Digital Transformation
Banking Digital Mobile Banking News

Juniper Research Over Half of Global Population to Use Digital Banking in 2026; Driven by Banking Digital Transformation

FTS News Desk
A new Juniper Research study has found that 53% of the world’s population will access digital banking services in 2026; reaching over 4.2 billion digital banking users, from 2.5 billion in 2021. The research identified increased digital transformation efforts as enabling banks to function effectively during the pandemic; justifying the benefits of......
Blue C Technology launch, CSU's new business unit focused on Banking as a Service
Banking Digital Fintech News

Blue C Technology launch, CSU’s New Business Unit Focused on Banking as a Service

FTS News Desk
Blue C Technology, CSU’s new initiative, will provide digital financial solutions for companies looking to enter the embedded finance match CSU CardSystem S.A., a leading company in the Brazilian market in state-of-the-art technological solutions for payment means, customer experience and clients’ loyalty and incentives – announces its official entry into......
Banking as a Service Startup Unit Announces $51 Million Series B Led by Accel
Banking Fintech News

Banking as a Service Startup Unit Announces $51 Million Series B Led by Accel

FTS News Desk
Launches Unit Go to allow companies and fintechs to build banking products in minutes Unit, the banking-as-a-service startup that empowers companies to embed financial services into their products, announced it has raised a $51 million Series B led by Accel. Existing investors Better Tomorrow Ventures, Aleph, Flourish Ventures, and TLV Partners......
Treasury Prime Announces Two Senior Leadership Hires
Banking News

Treasury Prime Announces Two Senior Leadership Hires

FTS News Desk
Appoints Marty Roberts as General Counsel and CCO and Jeff Nowicki as Head of Bank Partnerships Treasury Prime, the leading Banking as a Service (BaaS) company, announced it has appointed two senior executives with deep experience in banking and compliance. Marty Roberts joins as General Counsel and Chief Compliance Officer (CCO)......
Nymbus CUSO Secures New $5 Million Financing Round
Banking Digital Fintech News

Nymbus CUSO Secures New $5 Million Financing Round

FTS News Desk
Venture Capital Fund Curql Connects Credit Unions to Strategic Fintech NYMBUS®, a leading provider of banking technology solutions, announced the closing of a new round of financing led by the Curql Fund. The $5 million investment will be used towards Nymbus CUSO and accelerate a shared commitment to breakthrough technology......
NEC Payments Finds a New Path to Payment Security With Netcetera
Banking Digital Digital Payments Fintech News

NEC Payments Finds a New Path to Payment Security With Netcetera

FTS News Desk
Bahrain-based NEC Payments needed an ACS offering 3DS 2.0, the latest in payment security protocols. Netcetera rose to the challenge, building them a solution from the ground up NEC Payments is a rapidly growing digital banking and payment technology company with big plans. Already offering innovative cloud-native banking-as-a-service to Middle......
Banking-as-a-Service, Authentication, and Lending Technologies Highlight Ten Growth-Stage Companies Chosen for 2021 FIS Fintech Accelerator Program
Banking Fintech News

Banking-as-a-Service, Authentication, and Lending Technologies Highlight Ten Growth-Stage Companies Chosen for 2021 FIS Fintech Accelerator Program

FTS News Desk
FIS and The Venture Center announce the ten growth-stage fintech companies selected to take part in the 2021 FIS Fintech Accelerator program. Highlighted by solutions focused on authentication, lending and banking-as-a-service, the chosen companies also represent credit monitoring, automation, financial wellness, and customer relationship management. Firms founded by women comprise......