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Finextra Research Headlines
- Wealthtech Tifin raises $109m May 13, 2022Tifin, an umbrella group operating a host of AI-powered fintech businesses in the asset and wealth management industry, has hit a $842 million valuation of the back of a $109 million Series D funding round.
- Ex-HSBC colleagues reunite to solve global data governance headache May 13, 2022HSBC’s former global data analytics boss Jon Farina has joined WCKD RZR, a 'data enablement' software startup founded by the bank's ex-chief administration officer.
- Open banking payments firm Token seals $40 million raise May 13, 2022Token, an open banking platform driving the shift from card to account-to-account bank payments in Europe, has raised $40 million in a Series C funding round co-led by Cota Capital and TempoCap.
- Zettle by PayPal ditches the dongle May 13, 2022PayPal's Zettle unit has introduced functionality that lets small businesses in the UK, Sweden and the Netherlands accept contactless payments in-person, directly on their Android devices with no additional hardware or fees.
- Santander migrates 80% of IT infrastructure to the cloud May 13, 2022Banco Santander has used bespoke, in-house developed software to digitise its core banking platform, already migrating 80% of its IT infrastructure to the cloud.