In today’s FinTech news, Factris is using its latest funding to bolster efforts to help smaller firms with cash flow problems due to late invoice payments. Plus, Apple is using its own money to fund its buy now, pay later (BNPL) venture Apple Pay Later....
Engagement banking platform Backbase has raised almost $128 million in growth equity from FinTech specialist private equity firm Motive Partners, which it will use to bolster its position in the space, according to a company press release Thursday (June 9). “Today is a major milestone...
With more financial institutions (FIs) turning to external third-party FinTechs to strengthen their small- to medium-sized business (SMB) and corporate offerings, the collaboration model is proliferating across national borders. This week’s look at the latest in bank-FinTech collaboration includes new partnerships in Australia, South Africa,...
The mobile device has been providing small business owners with a quick, convenient way to check balances and initiate payments – the same way they’ve been ordering food or taxis — for years. While there is inherent value in having a quick glance at their...
June 15, 2023
Backbase, a global engagement banking software provider, has made a foray into the digital wealth space with the acquisition of London-based firm Nucoro. The acquisition will allow Backbase to integrate Nucoro’s headless platform capabilities directly into the Backbase Engagement Banking platform, providing a unified, customer-centric platform designed to expedite digital transformation within banks, the company […]
June 09, 2022
Engagement banking platform Backbase has raised almost $128 million in growth equity from FinTech specialist private equity firm Motive Partners, which it will use to bolster its position in the...
