UK challenger Monese to be acquired by fellow fintech Pockit
Pockit, a UK fintech, is acquiring Monese, a mobile banking provider, aiming to create a fintech platform for financially underserved and lower-middle-income consumers...
Banking
Italy’s Banca Sella becomes first European bank to launch QR code for the visually impaired
Banca Sella, an Italian bank with over 300...
Banking
Banked buys open banking paytech Waave to drive Pay by Bank solution in Australia
Banked, a UK-based fintech, has acquired Waave, a...
AI
HSBC launches embedded finance venture SemFi with Tradeshift
HSBC has launched SemFi, a new B2B embedded...
Banking
Furness Building Society selects Backbase for digital banking overhaul
Furness Building Society, based in Cumbria, UK, has...
AI
Ex-TNEX chief Bryan Carroll heads new Credit-Decisioning-as-a-Service start-up SMEApprove
Bryan Carroll, former TNEX chief, now leads SMEApprove,...
AI
Bank of Hangzhou partners Malaysia’s Maybank to support cross-border businesses in China
Bank of Hangzhou and Maybank signed an MoU...
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Banking as a Service: Meaning, Examples, Benefits and Future
The push for open banking has led to a...
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Fintech (financial technology) has been an interesting part of...
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Is it worth investing in life insurance over 60?
Is it worth investing in life insurance over 60?
As...
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Nexi Group lands €220m financing from the EIB
Nexi Group Secures €220M Financing: Italian paytech Nexi Group received €220 million in funding from the European Investment...
Solaris to “discontinue major parts” of EMI business
Solaris Discontinues Major EMI Operations: German embedded finance platform Solaris announced it will discontinue significant parts of its...
New UK lender Interbridge Mortgages taps Mambu for retail mortgages solution
Interbridge Mortgages Partnership: Interbridge Mortgages, a UK-based start-up mortgage lender, has partnered with core banking tech provider Mambu...
US Department of Justice files civil antitrust lawsuit against Visa
DOJ Lawsuit Filed Against Visa: The US Department of Justice (DOJ) has filed a civil antitrust lawsuit against...
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Five Star Bank to begin “orderly wind down” of BaaS offerings
Parent Company: Financial Institutions, Inc. (FII), parent of Five Star Bank and Courier Capital, will commence an orderly...
OneAZ Credit Union to deploy Backbase’s Engagement Banking platform
Partnership: OneAZ Credit Union partners with Dutch digital banking solutions provider Backbase to enhance its digital services.
Platform...
US transportation paytech AtoB raises $130m in equity and debt funding
Funding Details: AtoB, a payments solutions provider for the transportation industry, raised $130 million in Series C funding,...
BIS’ Project Agorá to commence design phase with private sector participants confirmed
Project Overview: Project Agorá, led by the Bank for International Settlements (BIS), aims to explore how tokenisation can...
UK wealth manager Quilter buys NuWealth to boost first-time investor support
Acquisition Announcement: London-based wealth manager Quilter has acquired digital investment platform NuWealth, launched in 2019, for an undisclosed...
NeoXam set to acquire data control and automation platform EZOPS
NeoXam Acquisition: NeoXam, a Paris-based fintech firm, is set to acquire EZOPS, an AI-powered data control and automation...
UK credit card start-up Yonder secures £23.4m in fresh funding
Funding Raised: £23.4 million.
Lead Investors: RTP Global and Repeat (formerly Jigsaw VC), with additional support from LocalGlobal,...
Ex-TSB chief Paul Pester joins UK wealthtech start-up Firenze as chair
Leadership Appointments:Paul Pester: Former TSB Bank CEO, appointed as chair of Firenze's board.
Samantha Bamert: Former Barclays...
ICYMI fintech funding round-up: Loop, Primary, Sitewire, Savr and more
Loop:Funding Raised: $4.7 million (CAD 6.4 million).
Headquarters: Toronto, Canada.
Investors: Mistral Venture Partners, Luge Capital, Graphite...
Affinity Plus FCU signs Lumin Digital for online and mobile banking revamp
Affinity Plus Federal Credit Union (Minnesota) has signed a multi-year deal with Lumin Digital.
The $4.2 billion-asset credit...
UAE challenger Ruya Bank partners Network International for digital payment capabilities
Ruya Bank, the first Islamic digital community bank in the UAE, has signed with Network International for payment...
Syndicated loan platform Versana raises $26m with plans for global expansion
Versana raised $26 million in a capital round, welcoming Barclays as a new investor.
Barclays will act as...
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