UK alternative lender ThinCats secures nearly £700m in funding facility
The new facility will help ThinCats support lending of up to £696 million to mid-sized businesses in the UK.
Financial Services/Finserv
Flex secures $20m in equity and $100m in debt funding as part of Series A round
Along with the funding, Flex has also launched its finance app catering to underserved small business owners.
What the FinTech? | S.4 Episode 16 | Meeting customer needs in a cost-of-living crisis
In this episode of the podcast, we’re joined by Andrea De Gottardo, CEO of UK digital bank Kroo.
Accounting software firm Tipalti expands to Europe with EMI licence and localised offering
Additionally, the company has also launched a “fully localised” solution catering to the European market.
Chase Payment Solutions enlists Gusto Embedded for payroll services
Gusto says its solution allows Chase’s payroll processing to become “significantly simplified”.
Sibos 2023: Why AI in banking is more evolution than revolution
AI is nothing new for banks, and the current hype is unsustainable.
Sibos 2023: State of play – open banking and open finance
To see real progress in open finance, it requires the industry to collaborate – a key theme of this year’s Sibos.
BaaS fintech Vodeno overhauls leadership with new CEO and chairman
Vodeno has appointed Philip McHugh as chairman and Noah Sharp as CEO.
Sibos 2023: Cross-border payments dominate day one of Sibos with Swift-Wise partnership announced
The new partnership comes amid a host of Swift-led panels at Sibos focused on payment innovations.
Video: TD Bank at FinovateFall 2023 – The evolution of commercial banking
We chat with Chris Giamo of TD Bank about the state of play for commercial banking in North America.
Video: Piermont Bank at FinovateFall 2023 – Achieving digital acceleration
We chat with Rodrigo Suarez of Piermont Bank about how incumbents can achieve digital acceleration.
Sibos 2023: Canada’s Scotiabank taps CGI to advance payments solutions
CGI says its All Payments solution is “a tech stack based on the ISO 20022 standard” used by financial services firms globally.
Banque Delubac & Cie launches instant payments offering with Finastra
The bank can now offer financial institutions access to Europe’s TARGET Instant Payments Settlements (TIPS).
Sibos 2023: You can’t manage what you can’t measure – the role operational data will play in the successful transition to T+1
Automated solutions enabling the timeliness of middle office processes can be key to the T+1 readiness.
Aussie SME challenger Judo Bank taps Backbase for its engagement banking platform
By leveraging Backbase’s platform, Judo Bank aims to “create new digital experiences” for its customers.
Indian fintech Perfios secures $229m in Series D funding round
The funding came from Kedaara Capital, and existing backers Warburg Pincus and Bessemer Venture Partners.
Sibos 2023: The era of instant payments – global banks must turn to the latest technology
Innovative technologies are bringing the future of payments forward for banks.
Daily News at Sibos 2023
Download your free copy of the Daily News at Sibos publication today!
Sibos 2023: How data enables the paradigm shift to accelerated settlements
SmartStream’s Vincent Kilcoyne explains why the success of accelerated settlements hinges on quality data.
BMO seeks to modernise payment flows through Modern Treasury partnership
BMO is looking to improve high-volume payment flow management for its commercial banking clients.
Erez Barak joins Israeli SaaS fintech Earnix as chief technology officer
Barak has 22 years of experience in cloud infrastructure, big data and AI.
India’s Samunnati signs for Finbots.AI’s CreditX AI credit modelling solution
The deal marks another step in Finbots.AI’s push to scale across APAC.
FinTech Futures: Top five stories of the week – 15 September 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ICYMI fintech funding round-up: Fipto, Form3, Immix, Emata & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
A church, a sauna and climate change
Finding ways to educate people on climate change, highlight the risks and change behaviours is essential.
Chatham Financial names Sam Graziano as managing director
Graziano joins from enterprise SaaS company Amount, where he was CCO for just over a year.
New digital bank JB to launch in Saudi Arabia
The new venture is described as a “digital leasing and lending platform”.
Intesa Sanpaolo Bank Albania live with new treasury management system from Profile Software
Acumen.plus is deployed at Intesa Sanpaolo Bank Albania on a SaaS basis.
Recharge taps gaming payments with Startselect acquisition
Recharge plans to close two to three more acquisition deals in the next 12 months.
It’s people, stupid
No amount of system upgrades will ever teach humans how to treat everyone’s time with respect.
Development Bank of St. Kitts and Nevis renovates core with ERI’s Olympic Banking System
The upgraded core is anticipated to attract new foreign investment to the island’s development projects.
Swedish paytech Trustly taps Klarna and Adyen alumni for new COO and CRO hires
Eileen Chibb joins as chief operations officer (COO) and Jussi Lindberg as chief revenue officer (CRO).
BaaS fintech Swan plans European expansion with €37m Series B
France-based Swan will be launching in the Netherlands and Italy.
Specialist neobank Panacea Financial turns to Bankjoy for digital banking tech
Founded in 2020, Panacea Financial provides financial services to healthcare professionals in the US.
Sailesh Panchal announced as new CTO of TSB Bank
As CTO, Panchal will be tasked with overseeing TSB Bank’s data and payments functions.
What the FinTech? | S.4 Episode 15 | How Scotland is aiming to become a global fintech hub
In this episode of the podcast, we’re joined by Nicola Anderson, CEO of FinTech Scotland.
Enterprise fintech Treasury4 closes Series A at $20m
The money will be spent on the development of Treasury4’s Entity4 and Cash4 solutions and also partnerships.
FinovateFall 2023: How can incumbent banks keep up in a rapidly evolving tech landscape?
This year’s FinovateFall conference aims to solve how incumbents can achieve digital acceleration.
UK challenger Kroo looks to raise £70m Series C as it takes on banking transparency
Kroo is looking to family offices, institutional investors, VCs and private equity in the UK, US and Europe.
ThinkMarkets launches ThinkPortal app for on-the-go account management
ThinkPortal app is a new multi-functional mobile app for traders.
