Monday, August 20, 2018

Deposit Solutions hits $500m valuation following investment from Vitruvian

Open banking pioneer Deposit Solutions has received a $500m valuation following a new investment from European buyout house Vitruvian Partners. Read more:

Central 1 launches Canada’s first voice banking service

Central 1 has launched Canada’s first authenticated voice banking service through the use of Amazon Alexa. Read more:

Xinja partners with SAP SE to power its mobile bank

Australian challenger bank Xinja has picked SAP SE to help power its digital bank mobile service. Read more:

Onpex moves into banking-as-a-service space

ONPEX a leading provider of multi-currency IBAN solutions, has launched its cloud-based Banking-as-a-Service. Read more:

Digital banking API solution ORCA has raised $1.5m in round one...

ORCA, a digital banking and crypto trading API platform, has closed the first round of its ICO on its $1.5m cap. Read more:

US challenger Grasshopper Bank hops into view

There’s a new US-based challenger bank in the works, with the name of Grasshopper Bank, and HQ-ed in New York. Read more:

Paytm acquires India-based personal finance platform Balance.Tech

Paytm has acquired fellow Indian FinTech company Balance.Tech, a developer of personal finance solutions. Read more:

Steady raises $9m in round, alongside appointment of Shaquille O’Neal as...

Steady, a platform to help freelancers support their income, has secured $9m in its Series A funding round. Read more:

GoodRx receives strategic investment from Silver Lake

Prescription and healthcare savings platform GoodRx has received a strategic growth investment from Silver Lake. Read more:

DriveWealth, Bambu partner to offer wealth management robo-advisor

DriveWealth, a financial services API developer, has teamed with robo-advisor developer Bambu to provide an end-to-end robo-advisory platform for the wealth management industry. Read more: