FinTech

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets.Highlights: NYSE's parent company allocates $600M to Polymarket.Investment aims to boost predictive market capabilities.Polymarket continues to innovate in financial...

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe.Highlights: Nexi partners with several Danish banks...

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting...

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment.Highlights: Mastercard is seeking to sell...

Saudi Arabia Issues First Major Payment Institution License to Lean Technologies

This marks a significant step in the Kingdom's fintech landscape.Highlights: Lean Technologies receives Saudi Arabia's first major payment...
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BaaS fintech Swan plans European expansion with €37m Series B

French fintech Swan raises €37 million in a Series B funding round led by Lakestar to expand its Banking-as-a-Service (BaaS) technology across Europe. FactsSwan...

Fintech start-up Rauva buys Banco Empresas Montepio for €30m

Portugal's Banco Montepio is selling its business banking brand, Banco Empresas Montepio (BEM), valued at €30 million, to Rauva, a financial services app for...

ThinkMarkets launches ThinkPortal app for on-the-go account management

ThinkMarkets has launched the ThinkPortal app, a versatile mobile application that allows traders to manage their accounts conveniently. The app offers various features to...

Sailesh Panchal announced as new CTO of TSB Bank

UK high street bank TSB appoints Sailesh Panchal as its new Chief Technology Officer (CTO) to oversee data, payments, and governance functions. FactsSailesh Panchal...

Digital ID firm Signicat names Michel van den Bogaard as CFO

Norwegian digital ID company Signicat appoints Michel van den Bogaard as its new CFO to support its growth and expansion in the digital identity...

Specialist neobank Panacea Financial turns to Bankjoy for digital banking tech

Panacea Financial, a digital financial services company for medical practitioners, partners with Bankjoy to offer a full suite of digital banking solutions, aiming to...

Adyen lands UK banking authorisation from FCA and PRA

Dutch payments processor Adyen has received authorization from the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) to launch banking services in...

UK paytech PPRO promotes Motie Bring to CEO

UK-based digital payments infrastructure provider PPRO promotes Motie Bring, its current CCO, to CEO, effective 2 October 2023, succeeding Simon Black. FactsMotie Bring, the...

US fintech Ampla secures $258m credit facility with Goldman Sachs and Atalaya

Ampla, a New York-based financial solutions provider, secures a $258 million credit facility from Goldman Sachs and Atalaya Capital Management, supporting its growth capital...
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