January 2025 – Page 35

Client Onboarding Platform Sikoia Secures $6M Funding

Sikoia, a London-based unified data platform aimed at streamlining client onboarding and risk evaluation, has successfully secured $6 million in seed funding. The funding round...

VC Fund Chief Reports Stabilization of Fintech Valuations

The fintech market is showing signs of returning to normalcy in terms of valuations after experiencing a tumultuous period, as noted by a prominent investor....

Fiserv Appoints Michael Lyons as New CEO, Succeeding Bisignano

Fiserv has announced the appointment of Michael Lyons, the former president of PNC Financial Services Group, as president and CEO-elect. He will succeed Frank Bisignano,...

SBI Investment führt Series-A-Finanzierung über 28 Millionen Dollar in dem deutschen Fintech Pliant an

Japan's SBI Investment has led a $28 million Series A funding round for Berlin-based corporate card platform, Pliant. Founded in 2020, Pliant offers a credit...

NCR POS System Aloha Targeted in Ransomware Attack

NCR is facing the repercussions of a ransomware attack that has impacted its Aloha POS system, which serves the hospitality industry. The Aloha POS system...

Visa Makes Investment in Nigeria’s Moniepoint

Visa has made a strategic investment in Nigerian fintech giant Moniepoint, although the terms of the deal have not been disclosed. Founded in 2015, Moniepoint...

Carmoola: Car Finance Fintech Secures £8.5m in Series A Funding

UK car finance fintech Carmoola has successfully raised £8.5 million in a Series A funding round, alongside an additional £95 million through a debt facility....

Method Secures $41.5 Million to Enhance Financial Account Connectivity

Method Financial has secured $41.5 million in Series B funding to enhance its consumer-permissioned financial connectivity technology designed for fintech lenders. Method's APIs offer firms...

Altari Ventures Introduces New Fund Focused on Fintech and Insurtech

Early-stage venture capital firm Altai Ventures has successfully closed a $53 million fintech and insurtech fund. Bain Capital Ventures and Century Equity Partners have joined...

N26 Aims for Profitability by 2024

N26 expects to reduce its net losses by 50% in 2023, aiming for monthly profitability by the following year. The German digital bank has also...