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Savana raises a fresh round of capital to digitize banks’ services

TechCrunch

Malvern, Pennsylvania–based Savana, a company building financial software products for legacy banks, today announced that it raised $45 million. Prior to FIS, he launched Sanchez Computer Associates, a supplier of core banking systems. “Today’s consumers prefer digital-only banking. Image Credits: Savana.

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Alloy, Synctera and Unit discuss the future of embedded finance at TC Disrupt

TechCrunch

Banking-as-a-service (BaaS), embedded finance and open banking are among the hottest topics in fintech today. Make opening a bank account, storing money, receiving a payment card and lending money as easy as opening a social network account. The promise? In May 2022, Unit closed a $100 million round with a $1.2

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Zeal banks $13M to offer employers a ‘build your own’ payroll product infrastructure

TechCrunch

The Bay Area company’s origin was as Puzzl, a payment processing startup for the gig economy, founded in 2018 by Shenoy and CTO Pranab Krishnan. Traditionally, companies would layer together antiquated third-party payroll tools and spend millions of dollars on consulting fees. The latest round now gives the company $14.6

Banking 247
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Octane banks $2M for flexible billing software

TechCrunch

In Khanolkar’s case, he ran a cloud consulting business and saw how fast companies like Datadog and Snowflake were coming to market and dealing with Amazon Web Services. We are convinced that Octane will become an inevitable part of the tech infrastructure.”. Quolum announces $2.75M seed investment to track SaaS spending.

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Storytelling for CIOs: From niche to bestseller

CIO

I take what I learned in the scriptwriting seminar about passion and the narrative arc into every meeting I attend,” one chief technology officer said. The consulting giant said it was buying the 29-person, London-based company to help clients articulate and activate their vision and change strategies.

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Doola raises $3M to help global founders launch an LLC in the US

TechCrunch

address and bank account, access to U.S. payments, a free tax consultation, U.S. Besides Mahadevan and co-founder and CTO JP Pincheira , doola has 14 employees. Specifically, doola provides company formation, an EIN (employee identification number), a U.S. tax support, a phone number and $50,000 in startup “perks.” .

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How fintech and serial founders drove African pre-seed investing to new heights in 2020

TechCrunch

Nigeria’s Kuda raises $10M to be the mobile-first challenger bank for Africa. Startups building financial infrastructure got noticed. Just as Paystack and Flutterwave built payment infrastructure for thousands of African businesses, these fintech startups are trying to make their mark in the sweet spots of credit and banking. .

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