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BANKINGSTACK
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Accelerating innovation in digital banking BANKINGSTACK is a cloud-native digital banking OS that helps banks and financial institutions to launch fintech-powered solutions in a matter of weeks. Delivered in a fully managed SaaS model, BANKINGSTACK seamlessly integrates ‘beyond banking’ capabilities with banks’ existing offerings, helping them serve as a holistic ‘financial OS’ for their customers. BANKINGSTACK is a part of Open Financial Technologies, the world’s fastest growing digital banking enterprise. We power 2.7 million businesses through our suite of digital banking products. Over 14 banking clients are using BANKINGSTACK to drive growth in new customer acquisitions, low cost deposits and lending revenues, while unlocking new market segments and new revenue streams. One of India’s top 3 private banks saw 3X growth in current account deposits and 10% growth in customer acquisition within months of implementing BANKINGSTACK.

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BANKINGSTACK - Recent News & Articles

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Apr 27, 2024
Fed courts nonbanks for FedNow growth

The Federal Reserve is stressing the importance of fintechs and core providers for the future expansion of its new instant payments system FedNow. The...

Apr 12, 2024
How FedNow is Shaping Payments Since its Groundbreaking Launch

In the six months following its groundbreaking launch in July 2023, FedNow has emerged as a transformative force in real-time payments, marking a sign...

Source: Finextra
Feb 16, 2024
Hindenburg’s latest short target Temenos rejects allegations as share price tumbles

Temenos shares were down over 6% on Friday after closing over 28% lower on Thursday. The Swiss software company said its board of directors “fundament...

Source: CNBC
Jan 23, 2024
Brex axes 20% of staff

Corporate spend management giant Brex has laid off 282 people (20% of its workforce) and revealed that its COO and CTO are leaving their roles.In a me...

Source: Finextra
Jul 31, 2023
Bullish MicroStrategy Analysts Raise Price Targets Ahead of Q2 Earnings

A TD Cowen analyst views MicroStrategy as “an attractive vehicle for investors looking to gain bitcoin exposure." TD Cowen analyst Lance Vitanza, who ...

Source: Coindesk
Jun 28, 2023
Fidelity preparing to submit spot bitcoin ETF filing: Source

Asset management giant Fidelity is close to submitting its own filing for a spot bitcoin exchange-traded fund, joining a long list of issuers keen to ...

Jun 27, 2023
Sendwave launches bank account for migrants

Remittance outfit Sendwave has launched a banking product for migrants in the United States. Sendwave, which is owned by London-based fintech Zepz, is...

Source: Finextra
Apr 17, 2023
Acorns acquires UK’s GoHenry, a fintech focused on 6- to 18-year-olds

U.S.-based savings and investing startup Acorns has acquired London-based GoHenry, a startup focused on providing money management and financial educa...

Source: TechCrunch
Apr 17, 2023
Factris lands €50 million funding line from Aegon Asset Management

Factris, an Amsterdam-based tech-power financing solution for SMEs, has received further momentum thanks to a €50 million funding line from global inv...

Source: Finextra
Mar 27, 2023
eToro raises $250 million at $3.5 billion valuation

eToro recently completed a $250 million funding round at a valuation of $3.5 billion. Investors include ION Group, SoftBank Vision Fund 2, Velvet Sea ...

Source: Finextra