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The B2B payments startup secured the financing from a coalition of investors, including Y Combinator and Tribe Capital.
The new Open Banking-powered product will “streamline the way lenders process data”.
The Dutch bank intends to complete the “phase out” of its B2B Open Banking operations, formerly Yolt Technology Services, by end of April 2023.
Nicole Kramer, sustainability analyst at Greenomy, reveals what she is looking forward to hearing discussed at the Open Banking Expo Europe Confex in September.
The pan-African banking group has launched the fifth edition of the Challenge for African fintechs, which offers partnering opportunities and a cash prize for the overall winner.
Peter Ehmke joins Token GmbH from Accenture.
The building society developed the real-time savings account funding, which uses Open Banking technology, to give “members the ability to seamlessly sweep their money”.
JP Morgan and longstanding backer Triple Point have provided the facility, which Capital On Tap will use to help small businesses.
Wes Hummel has been hired as chief technology officer, having worked alongside MX CEO Jim Magats at PayPal previously.