Nexi and SIA seal €15bn mega-merger to form “Europe’s largest” payments provider
The two have around two million merchants, and around 120 million cards.
The two have around two million merchants, and around 120 million cards.
Until now, no established, Black-owned, UK-founded bank has existed.
Newly launched BetterBorrow is targeting “a slightly better credit mix” than LiveLend.
“In Europe, these [smaller] banks are the vast majority.”
“We’re now trying to change the paradigm to reusable tech,” says Barrot.
“There is a long-term value proposition in re-authentication,” says CRO.
Wirecard SG needs to return all customer funds within the next two weeks.
The programme targets businesses with less than $10 million in annual revenue.
The bank wants to use the self-built platform to roll out new features more quickly.
Mitigram is a global trade finance platform designed for exporters, traders and banks.
Netherlands-based challenger aims to launch in France and Germany in 2020.
Accounts payable firm plans to take firm grip of mid-market segment.
The bank recently found 70% of its customers are concerned about climate change.
Sber has launched a series of digital services alongside its tech company revamp.
UK customers can now make GBP deposits to fund their Gemini account.
With an IPO looming, Mode has got a busy year of business ahead of it.
“What was striking is the increase of such businesses set up outside London and by women.”
Investors say high market volatility has highlighted the need for such CloudMargin’s platform
A flurry of share issuance, exchanges and buyouts as illimity nabs half of fintech firm Hype.
The appointment is yet to be announced officially.
The start-up is active in both the UK and wider Europe.
The deal is part acquisition, part strategic.
“The real benefit [of the cloud] is the ability to scale,” says Nasdaq.
CleverCard’s Kealan Lennon reckons the market isn’t big enough for so many neobanks.
Melio plans to use its new funding to expand and reach more customers.
The foundry’s first company will evaluate credit risk for ecommerce firms.
The fitnech last raised funds in November 2019.
The new venture is spearheaded by Christoffer Malmer, head of SEBx.
To date, the 25-person fintech has signed contracts with seven banks.
The AFME focuses on crypto-assets, artificial intelligence and cloud computing.
It essentially turns the company into a challenger bank, even if the company has no ties to banking.
The pledge rests heavily on banks sharing more information.
“Companies need to leverage this inflection point correctly.”
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FinTech Futures sits down with Deutsche Bank and API consultancy Innopay.
The bank has doubled its investment into its VC arm.
A switch in tactic from Mastercard, which wasn’t always in favour of CBDCs.
“For the first time, we are seeing a key dialogue with central players,” says Paymob.
Update 10/09/2020: An asset purchase agreement with Railsbank subsidiary PayrNet Limited has been signed.
In the UK, the start-up is working with taxi drivers in Glasgow.