The COVID-19 pandemic has accelerated the process of digitalisation for the financial services industry. Amidst the unprecedented market volatility, the industry’s appetite for digital technology has been on the rise. This is continuously being illustrated by some significant FinTech deals.
Check out the top FinTech deals that took place in July 2020 (UK & Europe) :
- Mambu and Currencycloud
The integration between Mambu and Currencycloud aimed to offer transparent international payment capabilities to clients. The cloud banking platform integrates its SaaS banking platform with Currencycloud’s suite of API and enables customers to deploy flexible, enterprise-class collections, virtual accounts, payments, and FX services.
The companies also provide preconfigured solutions that further increase speed to market, control, and flexibility. The broad range of solutions includes both account-to-account collections and payments, as well as card spend capabilities.
Read more at IBS Intelligence!