Tagged: digital banking

Texas Fintech Alkami Secures $70 Million Through Series D Funding Round Led by General Atlantic

Alkami, a Texas-based fintech, has secured $70 million through its Series D Funding Round, which was led by General Atlantic with participation from existing investors S3 Ventures, Argonaut Private Equity, and a number of other strategic fintech investors. Founded in 2009, Alkami stated it provides a… Read More

Revolut’s Big News: 1M Customers & £120m+ in Foreign Exchange Fee Savings

Revolut, the digital banking challenger, has signed up 1 million customers across Europe and reportedly saved consumers over £120m in hidden fees as the innovative fintech continues to disrupt traditional banking. London-based Revolut is now signing up between 3,000 and 3,500 new users every day, an… Read More

Kony Announces Digital Banking Marketplace Expansion

Kony, Inc., the leading enterprise mobility and digital applications company, today announced it is expanding its global partner ecosystem with financial technology solutions featured on the Kony Digital Banking Marketplace. According to Kony, the  Digital Banking Marketplace is described as  one-stop shop for pre-built fintech components, integrations… Read More

First Data & Live Oak Bancshares Close Digital Banking Joint Venture Deal & Launch Apiture

First Data (NYSE: FDC) and Live Oak Bancshares, Inc. (NASDAQ: LOB) announced on Monday they have closed the digital banking joint venture deal that was announced earlier this year. The new company, named Apiture, will combine First Data’s and Live Oak Bank’s digital banking platforms, products, and… Read More

Digital Only Bank N26 Incorporates Mambu’s SaaS Banking Platform as Growth Ramps Up

N26, a digital only challenger bank based in Germany, has installed Mambu’s software to power its online banking service. Prior to receiving its full banking license in 2016, N26 utilized a partner banks platform. After its banking license was approved,  N26 used an in house… Read More

Meniga Raises €7.5 Million During Recent Equity Round As It Prepares to Advance Digital Banking Personalization

Meniga, a provider of digital banking technology for the world’s largest banks, announced on Friday it secured €7.5 million during its Series A funding round led by Nordic venture capital investor Industrifonden. Other participants in the round include current investors Velocity Capital, Frumtak Ventures, and… Read More