Tag: PayTech News Europe
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 its short-term, interest-free product receivables...
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 collaboration allows Santander customers to...
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 Bank (EIB) to support innovation...
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 Electronic Money Institution (EMI) business,...
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 improve wholesale cross-border payments.
Private...
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 be used for product and...