Revolut raises $800M in series E funding round, reaches $33 bil valuation
U.K.-based neobanks, otherwise known as “challenger banks,” continued to court investors with significant funding rounds this week. London-based company Revolut...
Quantexa raises $153M in Series D round
U.K.-based data and analytics platform provider Quantexa today announced a $153 million Series D round fundraise. The company’s AI-based contextual...
Watch: US Senate Federal Credit Union CIO Mark Fournier on combating cyberthreats
July Premium Plus webinar U.S. Senate Federal Credit Union Chief Information Officer Mark Fournier is responsible for the financial institution’s...
Listen: How automation helps CDFIs and MDIs improve loan turn time
Community development financial institutions (CDFIs) and minority depository institutions (MDIs) serve as major sources of consumer and commercial loans for...
Funding roundup: New Delhi-based Pine Labs nabs a $600 million investment round
This week, some of the more notable funding rounds included sizeable capital raises for a New Delhi fintech and two...
Weekly Wrap: White House executive order points to stepped up regulation on tech, health care
This week, the Bank Automation News team discusses the July 9 announcement from the White House regarding stepped-up regulatory efforts to promote...
Data breach at BNPL firm Klarna prompts scrutiny
After a recent data breach, Swedish fintech Klarna is under investigation by Sweden’s Financial Supervisory Authority, the government agency responsible...
Savings and investments tech platform Smart receives backing from Chrysalis
This week, retirement, investments and personal finance technology piqued investor interest, and a Latin American cryptocurrency exchange had the largest...
Crypto risk firm Chainalysis benefits from step up in regulation
Chainalysis and other cryptocurrency risk and compliance firms like Elliptic and CipherTrace are benefiting from accelerated cybercurrency enforcement actions by U.S. regulators...
The Fed’s Quarles points to downsides of digital currency
U.S. Federal Reserve Vice Chair for Supervision Randal K. Quarles made disparaging remarks about a potential U.S. central bank digital...
