Latest Cloud News: Finextra Research

Nymbus raises $53m

Cloud-based core banking provider Nymbus has raised $53 million in a funding round led by existing investor Insight Partners.

10 February 2021

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B2B capital raising tech outfit Hubx snags $5.5m

Business-to-business capital raising platform Hubx has closed a $5.5 million funding round with participation from Barclays.

09 February 2021

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BNY Mellon taps Google Cloud to forecast settlement failures

The Bank of New York Mellon is working with Google Cloud to help clients better predict billions of dollars in daily treasury market settlement failures to improve market liquidity.

08 February 2021

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WealthArc raises $4m

Swiss wealth management fintech WealthArc is looking to strengthen its overseas growth after securing more than $4 million in funding.

03 February 2021

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InvestCloud accelerates past $1bn valuation

InvestCloud has completed a recapitalisation that values the wealth platform at $1 billion. As part of the deal, two additional businesses are being rolled into InvestCloud, immediately pushing the valuation of the combined business up over $2 billion.

02 February 2021

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Oxbury goes live on low code core banking system

Agricultural challenger bank Oxbury is the first client for a new cloud-based core banking platform developed by low code outfit Naqoda.

01 February 2021

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Top financial institutions form European Cloud User Coalition

A coalition of top European financial institutions has been formed to develop common security standards and best practices for the use of cloud technology in the EU.

29 January 2021

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TransferWise taps new Visa cloud tech for global card programme

TransferWise is expanding its debit card programme into dozens of new markets after inking a worldwide deal with Visa that will see the money transfer firm connect to the card giant's global processing network via the cloud.

27 January 2021

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Mastercard unveils cloud POS acceptance tech

Mastercard has teamed up with NMI and Global Payments to launch its first cloud point-of-sale acceptance technology.

11 January 2021

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Future-proofing payments technology with cloud migration

Consumer expectations, behaviour and payment preferences are and will continue to evolve at an accelerated rate.

07 January 2021

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Mambu hits €1.7 billion valuation on €110 million capital raise

SaaS banking platform Mambu has raised €110 million, bringing the company's valuation to €1.7 billion.

07 January 2021

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Pimco, Man Group and State Street join forces with tech vendors to build new AM operating model

Pimco, Man Group, IHS Markit, State Street, Microsoft and McKinsey have joined forces to create a new technology company for the asset management industry.

07 January 2021

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