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Schroders slashes valuations of UK neobanks Revolut and Atom Bank

Schroders Capital Global Innovation Trust, which holds a stake in Revolut, has devalued its investment by 46%, suggesting that £12bn ($15bn) could be wiped...

Valley National Bank taps NayaOne for fintech innovation platform

Valley National Bank has launched an "innovation platform" powered by NayaOne to enhance its collaboration with fintech and meet the evolving digital needs of...

Fenergo appoints new CFO and CRO to drive global expansion

Irish fintech firm Fenergo has made three executive hires, including a chief revenue officer, chief financial officer, and chief people officer. FactsChris Zingo joins...

Finaro taps MultiPay to boost payment acceptance in Nordics and UK

Global cross-border payment provider Finaro has teamed up with paytech firm MultiPay to offer a unified payment acceptance solution for merchants in the Nordics...

Cross-border paytech PingPong Payments nabs UK EMI licence

PingPong Payments, a US-based cross-border payments firm, has obtained an Electronic Money Institution (EMI) license from the UK Financial Conduct Authority (FCA), allowing it...

Jack Henry signs three new US clients for its core banking tech

Jack Henry & Associates, a banking technology provider, has added First Community Bank, Sunrise Bank, and Today's Bank to its list of clients for...

Platform One snaps up £1bn worth of assets from SIPP operator Gaudi

UK-based investment platform Platform One has acquired Gaudi Trustees Limited, along with £1bn ($1.4bn) worth of assets managed by Gaudi Limited, a self-invested personal...

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