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Summary
location iconAmsterdam, Netherlands
company sizeCompany size: 51-200

five°degrees is a cloud native core banking technology provider that supports challenger banks and traditional financial institutions designed to deliver an open and flexible platform that meets today's standards in digital banking.

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Digital Services
ServicesFinTech
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five degrees - Recent News & Articles

CFPB says buy now, pay later firms must comply with U.S. credit card laws

The Consumer Financial Protection Bureau declared on Wednesday that customers of the burgeoning buy now, pay later industry have the same federal prot...

Source: CNBC
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...

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
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
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
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
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 ...

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
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
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