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The neobank said the $500 million investment is an extension to its Series G funding round, and will be used to drive international expansion and continue to attract ‘global talent’.
The sustainable investment platform raised £1.26 million on the first day of the Crowdcube campaign.
Comma helped to ‘stress test’ the new functionality, which is now live in the UK.
The new funding round values the global identity verification company at $1.75 billion.
Mexico and Brazil have been the ‘first movers’ when it comes to implementing Open Banking, but other Latin American countries are also making progress, as Ellie Duncan reports
The Fintech Accelerator programme commences on 7 June, with 30% of this year’s cohort featuring solutions created by female founders.
Under the agreement, the Swiss company is the first core banking software certified with Huawei infrastructure and Huawei Public Cloud.
The new programme, powered by Visa, will mean that European fintechs can issue payment cards in eight weeks.
The new accounting partnership will allow Revolut business customers to set up draft payments directly from Clear Books ‘in a couple of taps’.
The BNPL platform secured $30m in the Series B round and will use the proceeds to expand internationally.
