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TransferMate Secures Equity Investment from Allied Irish Banks

PYMNTS

20) that it secured equity investment from Allied Irish Banks. This €30 million [about $35 million] investment demonstrates our commitment to deploying our capital and expertise in support of leading enterprises, such as TransferMate,” noted AIB Managing Director of Wholesale, Institutional and Corporate Banking Colin Hunt.

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Digital Banking Startup Alkami Secures Series D Funding

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Separate reports in TechCrunch said the firm secured $70 million. In an era of digital transformation , our clients, who consist of credit unions and banks in the U.S., The firm said Tuesday (Jan. 9) that General Atlantic made a strategic investment in the company, though Alkami did not say how much it raised in the Series D funding.

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Helping FI’s Develop Their ‘FinTech Sense’

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Everyone knows that digital and mobile services are key to success in the 2020s — not only in terms of more revenue, but also larger transformations. But that doesn’t mean all the players in payments and financial services have a solid or clear digital strategy. But that’s not the whole story, of course.

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Revenue-Based Financing Challenges The Bank Loan Status Quo

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by regulatory initiatives (designed to spur competition in small business banking, open up the market to new challenger banks and support marketplace lending platforms), the bank loan is often the first place small business owners look when in search of capital. venture capital investments in U.K. venture capital investments in U.K.

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D3 Secures $10M For Digital SMB Banking Efforts

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. “The past year we have seen a shift in the industry with leading financial institutions seeking modern solutions that provide the foundation required for developing a digital strategy that extends into the future,” he said, pointing to recent deals with Arvest, First Tennessee Bank and IBERIABANK.

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How Supplier Focus Propels AP Innovation

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Innovation in the accounts payable (AP) space continues to expand, with FinTechs looking to capture their piece of a growing market driven by businesses’ desire to digitize their operations. Investors at SignalFire led the round, while Hillsven Capital, Bloomberg Beta and NextWorld Capital also participated. billion valuation.

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Currencycloud Teams With Hyundai Card For Mobile Remittance Service

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With just a few touches on the mobile phone, people will be able to remit their money using their credit card account,” said Wookyung Chang, head of Hyundai Card’s digital strategy department. This will open the new era of personalized digital financial services in Korea.”.

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