Liberis bags $112m in debt financing to fuel expansion in North America and Europe
Liberis plans to go live in Canada, Germany and Poland in 2024.
Liberis plans to go live in Canada, Germany and Poland in 2024.
The company has promoted Paul Dunn to CEO, APAC and Chris Spencer to CEO, EMEA.
The platform seeks to “cut through crypto trading complexity” for financial services companies.
The partnership will enable Allica’s business customers to make “transparent and low-cost” international payments.
The solution works to consolidate the bank’s previously fragmented data sets for its global markets business lines.
Fourthline’s tech will help the firm authenticate identity documents, electronic signatures and biometric data.
Cook previously served as chief innovation officer at Valley National Bank for 11 months.
Founded in 2022 by Idriss Al Rifai, Flow48 provides revenue-based financing to SMEs.
The round includes strategic investments as well as participation from existing investors.
Stanton previously spent the best part of two decades in senior roles at Mastercard.
The new facility brings its total lending capacity to date to £900 million.
HSBC executives Vinay Mendonca and Shehan Silva have been appointed as CEO and COO of the new JV, respectively.
The BaaS model will enable Egypt’s non-bank firms to integrate banking services into their product lines.
The US banking giant is aiming to boost its presence and service offerings in the UAE.
Simone Joyce will remain as chair through 2024 and will hand over her post to another board member sometime next year.
Loans are anticipated to range from $6.6 million to $19.8 million.
Forsberg is expected to form and execute a strategy for Froda’s loan products and embedded finance operations.
The third such partnership between the two firms takes Atom’s total lending with Funding Circle up to £800m.
Commissioned by the UK chancellor and launched in July this year, the report has been authored by Joe Garner.
Trafalagar plans to launch its new platform, running on Vault Core, in Q2 2024.
Total Processing provides payment solutions to merchants in Europe, North America and MENA.
Savidge previously served in several high profile roles at JP Morgan Payments, most recently as managing director.
Triver says the new facility will enable it to offer more than £200 million in funding annually to small businesses.
Mastercard’s JV received formal approval from the People’s Bank of China.
Founder Nameer Khan describes his latest venture as “a catalyst for the evolution of ESG enforcement”.
The bank was flagged by the OCC last year for “unsafe or unsound” practices concerning its BaaS business.
The agreement will directly connect Klarna to STEP2 and the gross settlement payment system RT1.
“Our consumer brand growth was falling short of our goals,” says HMBradley CEO and co-founder Zach Brunke.
The deal will be completed through Advent’s new payments company, AI Circle Bidco.
Anand first joined Brex in January 2022 as chief product officer.
The newly launched digital bank aims to target the younger generations, with a focus on solopreneurs in Indonesia.
Small businesses will now be able to submit loan applications through the KashNow app.
Picus Capital, Coatue, Crane Venture Partners, Inkef, and a number of angel investors also participated in the round.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Created 20 years ago, Lynx leverages AI and machine learning to detect and prevent financial crime.
Engine enables clients to build their own banking propositions using the same core technology that Starling uses.
The launch follows a previous £140 million investment that Redpin received from Blackstone, Palamon and Corsair.
Mastercard first launched its Biometric Checkout Programme last year with NEC as an early partner.
By moving to the cloud, AWS claims that MUFG has been able to reduce IT operational costs by 20%.
The bank says the platform will enable it to deliver “affordable term loans” directly to its SMB customers.