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New leadership for digital banking solutions provider nCino and the fallout from the recent ouster of CFPB director Rohit Chopra are among the major fintech headlines as the first full week of February begins.
Be sure to check back here at the Fintech Rundown all week long for the latest updates and announcement in fintech!
Digital banking
nCino introduces new President and Chief Executive Officer Sean Desmond.
Payments
Jack Henry and Moov team up to offer Visa Direct via its Jack Henry Rapid Transfers solution.
The Clearing House’s RTP Network announces surpassing one billion payments milestone.
UK-based paytech Sokin raises $15 million in debt funding.
Crypto / Defi
Uphold, an infrastructure provider for on-chain payments, banking, and investments resumes staking services for its UK customers who hold cryptocurrencies.
London-based fintech Brava unveils stablecoin management system.
Cryptocurrency exchange Kraken launches payment service.
Banking-as-a-Service
German Banking-as-a-Service platform Solaris secures $144 million (€140 million) in new funding.
Open banking
Payments orchestration infrastructure firm Pay.com chooses real-time payments platform Volt as its strategic open banking partner.
Adyen selects open banking infrastructure platform Yapily to enhance its open banking offering.
Wealth management
Wealth management technology platform OneVest secures $20 million in Series B funding.
Dubai-based wealth and asset tracking platform Myne raises $2 million in pre-seed funding.
AI solutions provider for financial advisors, Jump, raises $20 million in Series A funding in a round led by Battery Ventures.
Photo by David Kanigan
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