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ICYMI fintech funding round-up: Kanastra, Majority & Cloudbanking

Here are the key funding updates in the fintech industry:Brazil-based Kanastra raises $13 million in a seed round to enhance its capital markets...

Lunar to provide access to its Nordic payment infrastructure to partners

Danish neobank Lunar will open up its banking and payments infrastructure to partner firms, starting with Swedish paytech Trustly, allowing them access to cross-border...

UK challenger bank Atom appoints new chairman, Lee Rochford

UK challenger bank Atom has appointed Lee Rochford as its new chairman, replacing Bridget Rosewell. Rochford has extensive experience in the financial services industry...

Anne Boden to step down as CEO of Starling Bank

Anne Boden, the founder and CEO of Starling Bank, will be stepping down from her role on June 30. John Mountain, the COO of...

Rammis Bank live with iMAL core banking system from Azentio

Rammis Bank, a start-up Islamic bank in Ethiopia, has successfully implemented iMAL, a core banking system provided by Azentio Software. The implementation was completed...

Digital banking group Tyme lands $77.8m in pre-Series C funding

Digital banking group Tyme has raised $77.8 million in a pre-Series C funding round led by Norrsken22 and Blue Earth Capital. The funding will...

German challenger N26 to cut 71 jobs, around 4% of total workforce

German challenger bank N26 is cutting 71 jobs, which represents approximately 4% of its total workforce. The move is aimed at aligning the company...

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