Tagged: api

Axway Surveys Americans on Open Banking, Digital Trust Levels

Axway, a global API management and integration software leader, this week released the results of a consumer survey showing how they expect their personal data to be shared and secured. The 2023 survey polled 1,000 American adults about their expectations and top concerns about how… Read More

B2B Payments Firm TreviPay Launches Financial Partner Gateway API Suite

Global B2B payments and invoicing network TreviPay this week announced the launch of the Financial Partner Gateway, a new suite of APIs for financial institutions looking to expand commercial offerings. TreviPay’s composable technology platform now enables banks around the world to deliver automated accounts receivable, underwriting and trade… Read More

Codat Report Shows Travails, Opportunities for Fintechs

A new report from business data API provider Codat shows that business lenders continue innovating and evolving their offerings despite current economic challenges. The study of 115 business lenders in the United States and the United Kingdom shows providers are adapting their strategies and priorities to narrow in focus… Read More

Global API Provider Ivy Raises $20m to Unify Real-Time Payments Worldwide

Ivy, the company providing a global API for instant bank transfers, has successfully secured $20 million in a Series A investment round led by Valar Ventures. This development follows a $7.7 million seed round led by Creandum just a few months prior. “The rapid succession… Read More

Rocket Dollar Launches New Platform as Assets Soar Past $650M

Rocket Dollar, an investment platform allowing individuals to invest in alternative assets, unveiled a rearchitected API-enabled platform as it tops $650 million of assets. Mike Panzarella, who was most recently Block’s (previously known as Square) deposit operations lead, will serve as Rocket Dollar’s chief technology… Read More

Rutter Attracts $27M Series A to Grow E-Commerce API

Rutter, a Fintech building a universal commerce API, or “Plaid for Commerce” has raised a $27M Series A financing round led by a16z. This round also includes participation from new and existing investors including Comma Capital, Basis Set Ventures, Haystack, Mischief Capital, The Chainsmokers and… Read More

Lynx Emerges From Stealth With $15M Series A to Improve Healthcare Billing

Lynx, a provider of API-connected healthcare payments, banking, and e-commerce services, announced today it has emerged from stealth with $17.5 million in equity financing. The $17.5 million in equity consists of a new $15 million Series A and a previously unannounced $2.5 million seed round. Obvious Ventures and .406 Ventures led the Series… Read More

Haruko Lands $10M Seed Round, Links Institutions, Crypto

Haruko today announced it has closed a $10 million seed funding round, led by Portage Ventures and White Star Capital. The company’s platform powers large institutions, enabling them to interact with crypto markets both on centralized exchanges and decentralized protocols. The company said it deploys… Read More

Weavr Attracts $40M for U.S.-Led International Expansion

Weavr, a UK-based company providing businesses with plug-and-play financial solutions, this week announced the close of a $40 million Series A funding round led by Tiger Global. Additional backers included Mubadala Capital, LocalGlobe’s growth stage Latitude Fund and past Weavr backers QED Investors, Anthemis and Seedcamp…. Read More

Payments in the Future: IDC InfoBrief Commissioned by Episode Six Looks at 2023 and Beyond

It’s no secret the process of how we pay for goods and services is changing before our eyes and the latest IDC InfoBrief commissioned by Episode Six speculates on what the future will look like. In 2030 they expect 74 per cent of global consumer… Read More

Razorpay Acquires Malaysian Recurring Payments Provider Curlec For $19+M

Indian payments unicorn Razorpay has acquired a majority stake in Curlec, a Malaysian recurring payments solutions provider. The cost was just under $20 million. Curlec is the first international acquisition for Razorpay, and taken together with the previous ones it shows a very deliberate growth… Read More

Ayoconnect Welcomes $15M Series B, Attracts Tiger Global, PayU as Investors

Southeast Asian open finance platform Ayoconnect has closed a $15 million Series B financing round led by Tiger Global. The round was joined by PayU, the payments and Fintech business of Prosus, and Alto Partners, as well as individual strategic investors, including Plaid co-founder William… Read More

TrueLayer Welcomes 5 Countries to Growing European Open Banking Platform

Fintech infrastructure provider TrueLayer this week added five countries to its open banking platform while increasing their coverage in the Netherlands and Spain to 99 per cent, its vice president and European general manager Joe Morley said in a blog post. TrueLayer’s platform now covers… Read More

SunTec, Mambu to Integrate Revenue Management, Cloud Banking Platforms

SunTec Business Solutions and Mambu this week announced a partnership with plans to integrate its complete revenue management solution with Mambu’s cloud banking platform. As part of this partnership, SunTec’s pricing, billing, and benefits management solutions will be available to banks for integration into the… Read More

Cashfree Payments Launches RBI-Compliant Tokenization Solution

Cashfree Payments, an Indian payments and API banking solutions company, this week launched Token Vault, a tokenized solution enabling merchants to save card network tokens, while staying compliant with Reserve Bank of India (RBI) guidelines. Token Vault also processes payments using tokenized cards as a… Read More

Barko Financial Services Taps Temenos to Serve South Africa’s Unbanked

Banking software company Temenos today announced microfinance company Barko Financial Services plans to enter the retail banking market in South Africa with a new digital bank built on Temenos Transact and powered by The Temenos Banking Cloud. Barko will leverage the full front-to-back services, giving… Read More

Deserve Welcomes Visa Investment to Drive Mobile-Centric Credit Card Adoption

Deserve, a Fintech company transforming credit cards into mobile-centric software, has received a strategic investment from Visa to expand access to Deserve’s credit-card-as-a-service for financial institutions, Fintechs and brands. Visa joins Mission Holdings, Mastercard, Ally Ventures, Goldman Sachs Asset Management and Sallie Mae in supporting… Read More

Tiger Global Management Leads M2P Fintech $35M Series C

Asian API infrastructure company M2P Fintech this week announced a $35 million Series C round. Tiger Global Management led the raise with participation from existing investors BEENEXT, Flourish Ventures, Omidyar Network India, 8i Ventures, Better Capital and the DMI Group via its investment vehicle Sparkle… Read More

Bottomline Technologies B2B Survey Parses Latest Payment Trends

An increase in electronic payment frequency and the prioritization of APIs are among the takeaways of the 2021 B2B Payments Survey, which was conducted recently by Bottomline Technologies and Strategic Treasurer. The fifth annual survey, which polled more than 340 executives from banks and corporations,… Read More

Circle, Plaid Announce Integration

Fintech firm Circle, a company providing payments and financial infrastructure for internet businesses, has integrated with Plaid, a data network powering the digital financial ecosystem. The integration simplifies the process of connecting bank accounts and accepting ACH payments because Plaid enables quicker account verification, the… Read More

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