SoFi Expands Beyond Lending with Strong Growth in Financial Services
SoFi’s financial services products drive 89% of its total product growth in 2024. Membership count surpasses 10 million, reflecting a…
Method Financial Secures $41.5M to Boost Consumer Financial Connectivity
Method Financial raised $41.5M to expand its consumer-permissioned financial connectivity platform. Its APIs integrate with 15,000 financial institutions, supporting over…
HSBC Closes Zing App, Signals Strategic Shift
HSBC confirmed the closure of its Zing cross-border payment app after one year. The decision is part of cost-saving measures…
Open Payments secures €3M to expand its open banking reach in Europe
Open Payments raised €3M, led by Alfvén & Didrikson with Industrifonden's support. The platform integrates APIs and ISO-based payment features…
Tapline Secures €20M to Boost SaaS Funding Platform
Tapline raised €20M in a pre-Series A round of equity and debt. The funding supports non-dilutive financing for SaaS and…
Financial Services Shift to Cloud Tech Reshapes Industry Dynamics
Financial institutions are transitioning to cloud-native microservices from legacy systems. Open banking and APIs drive secure, seamless data-sharing for consumer…
Nuvei Targets UK Gaming Industry with New Omnichannel Payment Tool
Nuvei launched an omnichannel payment tool for the UK gaming industry. The platform integrates retail and digital channels, simplifying operations…
Namirial Expands Reach with Acquisition of Digital Technologies
Namirial acquires Digital Technologies for enhanced digital transaction and e-invoicing solutions. Digital Technologies brings hyper-automation expertise and global regulatory compliance…
Credit Unions and FinTechs Build Stronger Collaborative Models
Credit unions and FinTechs are forming strategic collaborations to boost service delivery. Regulations enhance accountability and risk management in these…
Hyperline Secures $10M to Expand Automated Revenue Management Platform
Hyperline raised $10M in a seed extension led by Index Ventures. The funds will scale its automated revenue management platform…
