Zenith Bank Plc

Morgan Stanley | April 08, 2020

Australian challenger bank 86 400 has closed a $34 million Series A round, taking total equity capital to $90 million as it aims to build a $2 billion mortgage book. The raise, led by international investment bank Morgan Stanley, is one of the largest Australian fintech Series A rounds to date and includes investment from an Australian superannuation fund, fund managers, high net worth individuals and family offices. To date, 86 400 has more than 170,000 accounts on its platform and sees more th...

Rellevate | January 30, 2020

Rellevate, a US challenger banking service founded by a Western Union alum, has selected Technisys to provide its cloud-based core digital banking platform. This is understood to the first known win for Technisys in the US. The Miami-based vendor has takers of its flagship Cyberbank Core and Cyberbank Digital software primarily in Latin America, the Caribbean and, as of late, in Canada (ATB Brightside, ATB Financial’s new digital bank. Designed for US citizens who earn between $10 and $25 ...

Qupital | June 24, 2020

Qupital, a trade financing platform, announced today that it will partner with eBay as one of its officially recommended Hong Kong financing service providers. In today’s announcement, Qupital said it will provide offshore financing services, including working capital, to eBay sellers in China through QiaoYiDai, its main product. The agreement with eBay means Qupital will be able to monitor the real-time data of eBay sellers who apply for their services, which the fintech start...

FINANCIAL MANAGEMENT, INVESTMENT MANAGEMENT

CapIntel, NEI Investments and Aviso Wealth | August 30, 2022

CapIntel, a leading financial technology company that improves the day-to-day workflow, efficiency and fund analysis for financial services wholesalers and investment advisors, today announced a new partnership with NEI Investments (NEI), a wholly-owned subsidiary of one of Canada’s largest independent wealth management firms, Aviso Wealth Inc. Through this partnership, NEI will employ CapIntel’s intuitive FinTech solutions to streamline sales operations and enhance th...