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US fintech Brex raises $300m to expand product portfolio

US fintech company Brex has raised an additional $300m funding in a Series D-2 round that valued the company at $12.3bn. The funding round was led by Greenoaks Capital and Technology Crossover Ventures (TCV). It is expected to enable the...

Temenos Launches Industry’s First AI-Driven Buy-Now-Pay-Later Banking Service on the Temenos Banking Cloud

Temenos, the banking software company, announced the launch of its Buy-Now-Pay-Later banking service. This offering will open up new revenue opportunities for banks and fintechs, help them reach new markets and cement their relationships with both consumers and merchants...

Worldlines digital payments expertise selected to bolster Kilo Health’s expansion plans

Worldline, a global leader in the payments and transactional services industry, has been selected by digital health and wellness front-runner, Kilo Health, as its digital payments partner to support its international expansion strategy, specifically supporting recurring or subscription payments. The...

Mastercard advances B2B payments solution with BMO and Moneris Partnerships

Mastercard announced new partnerships with BMO and Moneris Solutions Corporation (โ€˜Monerisโ€™), who have joined Mastercard Trackโ„ข Business Payment Service. This unique Mastercard solution, available to Canadian business customers in early 2022, is designed to help buyer and supplier partners...

Bridge Bank Expands National Focus on Startup Banking

Bridge Bank today announced it is expanding its national focus on Startup Banking with a key hire, Kelly Caviglia. She joins the Technology Banking group to spearhead the bankโ€™s ongoing work with early-stage tech and innovation companies to support...

Silicon Valley Bank on Banking at the Edge of Technology

The pandemic has sped up the digital transformation across the economy, and consumers of all kinds now expect fast, convenient and relevant digital experiences from their financial institutions (FIs). Silicon Valleyย Bank (SVB), whose clients include startup founders and tech-savvy...

US Banks Turn to Technology To Compete Against FinTechs

Traditional banks are looking to technology service providers to help them navigate the digital transformation that has been accelerated by the Covid-19 pandemic. According to a report for the US by global technology research and advisory firm, Information Services Group,...

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