Monese aims to secure fresh funding after recording £30.5m annual loss for 2022
Monese records £30.5 million loss for 2022, seeks new funding
Generated revenues of £27.7 million, attributing the increase to growth in active customer...
US paytech Kindcard eyes up OpenTransact acquisition
Kindcard, a Florida-based closed-loop payment solutions provider, intends to acquire OpenTransact, a self-serve banking platform based in New York.
OpenTransact, founded in 2010,...
Blackstone set to acquire majority stake in Japan’s Sony Payment Services
Blackstone, a global alternative asset manager, is acquiring a majority stake in Sony Payment Services Inc. (SPSV) from Sony Bank.
This marks Blackstone's...
Kazakhstani fintech Solva eyes future as SME-focused bank following $20m investment
Solva, based in Almaty, Kazakhstan, is transitioning from a microfinance fintech to an SME-focused bank with a new $20 million investment.
The investment...
Circle secures conditional DASP registration in France, appoints new country head
Circle secures conditional DASP registration from French Financial Markets Authority (AMF).
Coralie Billmann appointed as head of French operations, pending regulatory approval.
Billmann,...
Former Starling Bank exec Helen Bierton to lead everyday banking for Lloyds
New Role at Lloyds: Helen Bierton, former Starling Bank executive, has joined Lloyds Banking Group as the director of everyday banking.
Role Overview: In her...
Blue Federal Credit Union partners Cotribute for digital account opening platform
Blue Federal Credit Union partners with Cotribute for digital account opening.
Aiming to simplify the account opening process and boost membership growth (currently...
UK fintech Bumper raises $48m in Series B funding round
Funding News: Bumper, a car repair fintech, secures $48 million in Series B funding.
Services Offered: Bumper enables flexible payments for car repairs,...
Form3 strengthens board with appointment of Anil Arora as non-executive director
UK paytech firm Form3 appoints Anil Arora as an independent non-executive director.
Arora brings "significant experience" in founding and scaling fintech companies, expertise...
