Tuesday, December 10, 2024
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Tag: PayTech News Europe

Mambu Acquires Numeral to Boost Payment Solutions and Expand Market Reach

Mambu Acquires Numeral: Dutch core banking technology provider Mambu has acquired French paytech Numeral to enhance its payment...

Cardstream Appoints Gurinder Sumra as CFO to Drive Growth

UK-based paytech Cardstream has named Gurinder Sumra as its new chief financial officer (CFO). With over 30 years...

TrueLayer Cuts Workforce Amid Profitability Push and $50M Funding Boost

Workforce Reductions: TrueLayer, an open banking payments company based in London, laid off 71 employees—roughly 25% of its...

Trust Payments Appoints Laurence Booth as New CEO to Drive Growth

Trust Payments, a leading London-based paytech company, has appointed Laurence Booth as its new CEO. Booth, who had...

Klarna IPO, New York Stock Exchange, fintech news, Klarna valuation, BNPL IPO

Swedish buy now, pay later (BNPL) leader Klarna has officially announced its decision to pursue its initial public...

American Express to acquire UBS’s 50% stake in Swisscard, becoming sole owner

Acquisition Details: American Express (Amex) will buy UBS’s 50% stake in Swisscard AECS, making Amex the sole owner....

Klarna sells UK loan portfolio to hedge fund Elliott Advisors in £30bn deal

Klarna has signed an agreement with a subsidiary of Elliott Advisors (UK) Limited to sell “substantially all” of...

Santander UK enters open banking payments partnership with Token.io

Santander UK, a subsidiary of Banco Santander, has partnered with Token.io to enhance its open banking infrastructure. The...

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...

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...

Form3 bags $60m Series C extension with new investor British Patient Capital

Form3 closes a $60 million Series C extension with British Patient Capital as a new investor. Funding will...