Trustly CEO Delays IPO Despite Profit Surge
Trustly postpones IPO despite 51% profit rise. Focus on open banking to prove market viability. U.S. market and tech advancements…
Doconomy Secures €34 Million Series B Funding
Doconomy secures €34 million in Series B funding. The investment will fuel North American expansion and product enhancement. Strategic partnerships…
FintechOS Secures $60M Series B Funding
FintechOS raises $60M for its financial product platform. Company experiences over 300% growth with key client acquisitions. Investment led by…
Relay Secures $32.2M to Boost Banking Platform
Relay raised $32.2 million for banking platform development. The platform offers enhanced cash flow management tools for SMBs. Bain Capital…
Financial Firms Face Pressure to Automate Systems
FIs must adapt to T+1 settlement cycles in North America. Historical shifts show both challenges and benefits for financial systems.…
Banktrack Secures €2M to Boost Growth
Banktrack raises €2M to enhance its treasury management software. Funding supports growth in Spain and future European expansion. Focus on…
Synapse Bankruptcy Shakes Up FinTech Ecosystem
Synapse's collapse disrupts FinTech sector and customer access to funds. Direct bank-FinTech partnerships may replace intermediary models. Regulatory scrutiny on…
UK Startup Farewill Aims to Transform Death Industry
Farewill aims to modernize the death industry. Company reported revenue growth and reduced losses. Focus remains on sustainable growth and…
M&T Bank Adopts RDC AI Platform
RDC has secured M&T Bank as its first U.S. client. The AI platform will enhance M&T's credit risk and cash…
Cash Flow Underwriting Enhances Credit Access
FICO scores face competition from dynamic, data-driven methods. Open banking and real-time data enhance credit assessments. New models promise broader…
