Banking platform solarisBank raises $67.5 million at $360 million valuation

Despite the Wirecard fallout, German fintech startup solarisBank has raised a Series C funding round of $67.5 million (€60 million). Following today’s funding round, solarisBank is now valued at $360 million (€320 million). solarisBank doesn’t have any consumer product directly. Instead, it offers financial services to other fintech companies through a set of APIs. With…

Business banking may shift as virus regs lift

Tuesday Apr 28, 2020 at 5:21 PM Rebecca DiazAs the COVID-19 business restrictions are lifted, many companies that were closed, as well as those essential businesses which remained open, will be looking for more efficient ways to do business. Better management when it comes to handling day-to-day banking needs is likely one process that might be examined. Remote deposit capture…

Open banking fintech Yapily raises $13M Series A

Yapily, one of a number of fintech startups that offer an opening banking API to let enterprises, such as financial service providers and merchants, connect to banks, has raised $13 million in Series A funding. Leading the round is Lakestar, which is also a backer of fintech unicorn Revolut. Existing investors HV Holtzbrinck Ventures, and…