Temenos Infinity Micro Apps to deliver packaged business capabilities for banks.
Funds came from both existing and new venture capital investors.
Use of API will eliminate the need for account numbers and sort codes.
API.expert will provide performance metrics of top 30 regulated Open Banking brands in UK.
Richard McCall, CEO of Armalytix, writes about how Open Banking helps small businesses share financial information quickly and securely, driving better financial planning and results.
The embedded finance startup raised £3 million in seed funding late last year and said the latest round was led by Headline.
The Credit Builder has been developed with the support of Experian and will offer Tide’s members with a ‘reverse loan’.
Pollen Street Capital took part in the €193m Series A funding round, which saw Bunq acquire Capitalflow Group as part of the deal.
Experian’s Stephanie Leroy told Open Banking Expo TV that large organisations face a ‘longer journey’ migrating legacy tech to the cloud but said it was an ‘opportunity’.
The new partnership will mean that Soar’s credit union and community bank clients will be able to use Experian’s SaaS PowerCurve Customer Acquisition platform.
