Contis hit with €840,000 fine by Bank of Lithuania
Contis, part of German BaaS fintech Solaris, fined €840,000 by the Bank of Lithuania.
Delegated anti-money laundering (AML) measures to distributors without proper...
India’s PhonePe reportedly planning to launch consumer lending in January 2024
Expansion Plan: PhonePe plans to enter the consumer lending space by January 2024.
Integration Progress: The fintech is in the "final stages" of integrating with...
Funding Circle and Atom Bank to provide an additional £150m in financing to UK SMEs
UK challenger Atom Bank partners with Funding Circle for lending.
Up to £150 million to be deployed for small businesses.
The third partnership...
Mashreq taps Visa and Ecolytiq to launch climate banking platform
Mashreq's Climate Banking Platform Launch:Developed in collaboration with Visa and climate engagement fintech Ecolytiq.
Utilizes transaction data for personalized carbon footprint analytics.
...
ICYMI fintech funding round-up: Kiwi, ID Finance, Crezco and more
Kiwi Raises $13MIndian credit card fintech Kiwi secures $13 million in a Series A funding round.
Led by Omidyar Network India, with...
UK’s Kodelab to provide lending tech for HKMA CBDC pilot with Ripple and Fubon Bank
Ripple and Taiwan’s Fubon Bank choose UK consultancy Kodelab for CBDC pilot with HKMA
Pilot aims to integrate simulated CBDC and tokenized real...
Mexican fintech start-up Trafalgar taps Thought Machine for core banking technology
Partnership: Mexican fintech start-up Trafalgar partners with Thought Machine for core banking technology.
Technology Leap: Trafalgar aims to be Mexico’s first fintech using cloud-native core...
Blue Ridge Bank set to trim BaaS fintech partnerships down to a “limited number”
Blue Ridge Bank, founded in 1893 in Virginia, is a community bank operating in the mid-Atlantic states.
The bank plans to reduce its...
Klarna prepares for SEPA instant payments with Form3 partnership
Klarna, a Buy Now, Pay Later (BNPL) firm, has partnered with UK paytech Form3 for payment connectivity in the Single Euro Payment Area...
