UK fintech start-up Silverbird enters special administration
Daniel Conway and Geoffrey Rowley of FRP Advisory have been appointed as joint special administrators.
Business-to-Business/B2B
GoCardless signs deal with EML Payments to acquire Nuapay
EML has owned Nuapay since 2021, when it purchased the company in a €110 million deal.
ICYMI fintech funding round-up: Tuum, DigiMaaya, Youverify, Trampay and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures: Top five news stories of the week – 15 March 2024
Our pick of the top fintech news stories this week includes the US Federal Reserve, Starling Bank and more.
State Bank of India taps Aurionpro for iCashpro+ solution
The solution will replace SBI’s current CMP platform and will be implemented over the next 12 months.
United Fintech reshuffles leadership in push to drive growth
The restructuring will involve members of three of the five acquisitions it has made in the last four years.
Digital Asset’s Canton Network completes first trial with global banking heavyweights
Notable participants in the trial included BNY Mellon, Standard Chartered, Goldman Sachs and Broadridge.
Levenue snaps up MidFunder to broaden financing in Switzerland
The acquisition will enable Levenue to boost the footprint of its revenue-based financing marketplace.
Indian fintech Perfios lands $80m investment from TVG
The investment builds on Perfios’ $229 million Series D and reportedly now values the firm at over $1 billion.
France’s Request Finance acquires crypto accounting fintech Consola Finance
The purchase is set to bolster Request Finance’s platform with crypto-specific accounting functions.
Mastercard pilots new Smart Subscriptions feature in the US powered by open banking
Smart Subscriptions enables consumers to cancel, pause and resume their subscription-based payments.
PPRO looks to boost growth with new €85m capital raise
PPRO says it will use the funding to “pursue growth in key markets” and expand its payment solutions.
UK fintech Unlimit secures new PSP licence to expand into Tanzania
Tanzania marks the third African country to licence the fintech, following Nigeria and Kenya.
Video: Taktikal at FinovateEurope 2024 – Onboarding amid ever-changing compliance requirements
We sat down with Tinna Hallbergsdóttir of Taktikal to discuss the firm’s innovative approach to onboarding.
Spain’s Amadeus looks to streamline travel payments with Voxel acquisition
Amadeus says its new purchase will “complement” its existing payments business Outpayce.
Rabobank partners French fintech Dejamobile for merchant SoftPOS solution
The partnership will enable the bank’s merchant clients to accept payments on their mobile phones.
Video: Kern AI at FinovateEurope 2024 – The importance of data-centric RAG
At FinovateEurope 2024, we spoke with Johannes Hötter, CEO and co-founder of Kern AI.
Razer Fintech and Razer Merchant Services rebranded to form standalone subsidiary Fiuu
Fiuu will now operate independently of Razer, providing payment services for businesses in Southeast Asia.
Colombia’s Yuno plots expansion following $25m Series A round
The round reportedly values the Bogotá-based fintech start-up at $150 million.
Qonto snaps up finance automation start-up Regate to bolster accounting services
The acquisition will enable Paris-based Qonto to expand its offering to accounting firms.
ICYMI fintech funding round-up: Theia Insights, Lettuce, StackOne, Synnax and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Video: Intrepid Fox at FinovateEurope 2024 – When KYB meets GenAI
We sat down with Roman Zilber of Intrepid Fox to discuss the intersection between KYB and GenAI.
Video: KoreFusion at FinovateEurope 2024 – Payment innovation’s role in emerging markets
At FinovateEurope 2024, we sat down with Daniel Ben-Aron, vice president of APAC at KoreFusion.
Fiserv reportedly in the running to acquire Shift4 Payments
According to a recent Reuters report, final bids for a potential takeover are due to arrive in the coming weeks.
PayPal extends payment options for online SMEs with new solution
PayPal Complete Payments launches this week to online sellers in 22 markets worldwide.
UK payments platform Thredd appoints Edwin Poot as new global CTO
Poot joins directly from Dayrize, where he has been serving as chief product and technology officer.
Lloyds Bank backs new £62m community development fund
The Community Investment Enterprise Fund aims to support around 800 small businesses in the UK.
ABN Amro partners Dutch paytech Buckaroo for merchant payment services
Utrecht-based PSP Buckaroo will assume management of the bank’s debit card acquiring contracts.
ICYMI fintech funding round-up: Embat, Slice, NayaOne, MoneyHash and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Canadian paytech Helcim completes $20m Series B funding round
The recent round adds to the company’s $12.7 million Series A funding raised in 2022.
Crédit Agricole CIB taps Demica to launch new receivables and supply chain platform for APAC
Crédit Agricole CIB hopes the platform will appease “the increasing demand for supply chain finance” in APAC.
CAB Payments CEO to step down, former Vanquis Banking Group CFO Neeraj Kapur set to take over
Bhairav Trivedi is stepping down as CEO of CAB Payments after three years in the role.
Quai Digital selects WealthOS as new strategic technology partner
Quai Digital CEO Tony Webb says the collaboration will enable the company to “grow our operational capability”.
ICYMI fintech funding round-up: Zūm Rails, Pulsate, Monite, Spektr and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
JP Morgan and fellow Viva Wallet shareholder WeRealize exchange lawsuits
The lawsuits follow reports of disputes over Viva Wallet board nominations last month.
US hospitality fintech Toast to cut 550 jobs as part of restructuring plan
The fintech says the restructuring plan is intended to “promote overall operating expense efficiency”.
Former head of Visa Direct Ruben Salazar Genovez appointed new TerraPay president
Salazar Genovez joins TerraPay directly from a 10-year tenure at Visa Direct.
Blockchain intelligence start-up Crystal hires Navin Gupta as new CEO
Gupta succeeds Marina Khaustova in the role, who will now shift to the position of COO.
Personetics appoints Udi Ziv as new CEO as co-founder David Sosna steps down
Ziv has previously been CEO at Kissterra, Earnix and Pontis in recent years.
Checkout.com’s UK business posts $126.3m loss for 2022
The latest results mark an increase of over 400% on the $24.5 million loss it posted for 2021.
