Open APIs

821 articles tagged with this keyword

/startups

Stock trading API startup lemon.markets raises €15m

Lemon.markets, a Berlin-based startup that helps firms embed trading services via APIs, has raised €15 million in a seed funding round co-led by Lakestar and Lightspeed.

/payments

Codebase launches white-label BNPL product

Banking API provider outfit Codebase Technologies has launched a white-label BNPL offering for banks, fintechs, lenders, and merchants.

/devops

ADGM and Finastra join forces for ‘Hack to the Future 4’

The Abu Dhabi Global Market (ADGM) has partnered with Finastra for its globally renowned fintech hackathon, Hack to the Future 4.

/payments

Modern Treasury raises $50m

Payments orchestration platform Modern Treasury has topped up its Series C funding round with an extra $50 million from SVB Capital and Salesforce Ventures.

/startups

Australian payments startup Zepto raises A$25m for international expansion

Australian real-time account-to-account merchant payments platform Zepto has raised A$25 million in a Series A funding investment by AirTree Ventures and Decade Partners.

/payments

Banking as a service gaining unstoppable momentum

Almost 85% of senior executives surveyed are already implementing Banking as a Service (BaaS), or are planning to in the next 12-18 months, says a market assessment report published by financial software company Finastra today.

/regulation

CMA unveils recommendations for future of Open Banking

The Competition and Markets Authority (CMA) has announced a new committee – the Joint Regulatory Oversight Committee (JROC) – to oversee the continued rollout of Open Banking in the UK, among other recommendations.

/payments

Mastercard rolls out open banking payments tools

Mastercard has unveiled a pair of open banking tools designed to improve predictability and transparency in digital account-to-account payments for merchants.

/payments

Lloyds partners ProjectPay to streamline construction sector payments

Lloyds Bank has joined forces with ProjectPay to help tackle missed and delayed payments in construction supply chains.

/regulation

CMA writes to Barclays and Lloyds over open banking API breaches

The UK's Competition and Markets Authority has written to Barclays and Lloyds about a series of failures to make accurate and comprehensive data on its products and services available through open APIs.

/cloud

ClearBank raises £175m for global expansion

UK clearing and embedded banking platform ClearBank is eying international expansion after raising £175 million in a financing round led by funds advised by Apax Digital.

/startups

Embedded finance network mmob raises £5m

British embedded finance network mmob has closed a £5 million seed funding round to finance a move into new markets, including Malaysia.

/devops

Finextra partners with Finastra for Hack to the Future 4

Finextra has today announced a partnership with financial services software provider, Finastra, for its annual event, Hack to the Future.

/payments

Swift vets bid to make cross-border payments as easy as texting

A group of Swift veterans have unveiled a global payment addressing service for banks and fintechs that promises to make transferring money around the world as easy as sending a text message.

/wholesale

Hubuc raises $10m for 'AWS of embedded finance'

Barcelona-based Hubuc has become the latest embedded finance player to raise funding, closing a $10 million seed round co-led by WndrCo and Runa Capital.

/startups

Monite raises $5m for embedded finance platform

Embedded finance automation platform Monite has raised $5 million in a round led by Point72 Ventures and joined by a host of high-profile angel investors.

/cloud

SoFi to buy cloud-based banking platform Technisys for $1.1bn

Online lender SoFi Technologies has agreed to buy cloud-native core banking platform Technisys in an all-stock deal worth around $1.1 billion.

/crypto

Mastercard adds crypto, open banking and ESG consulting services

Mastercard is expanding its consulting services with new practices dedicated to open banking, open data, crypto and digital currencies, and ESG.

/startups

TrueLayer and PayPal invest in South African startup Stitch

South African-based fintech API startup Stitch has sealed a $21 million Series A funding round led by The Spruce House Partnership, with investments from TrueLayer and PayPal Ventures among others.

/cloud

Fiserv to buy Finxact

Fiserv has struck a deal to acquire cloud-based core banking player Finxact for around $650 million.