MSUFCU partners Nymbus for SMB “bank in a box” solution
MSUFCU previously participated in Nymbus’ $70 million Series D funding round in May.
SME
ICYMI fintech funding round-up: Pockit, Orbital, Traction & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Payoneer acquires AI-powered data platform Spott to streamline decision-making
Payoneer says the start-up’s tech will help it to “better understand and serve customers”.
What the FinTech? | S.4 Episode 12 | Business banking and the UK’s ‘missing middle’
In this episode of the podcast, we’re joined by Rajesh Gupta, CFO of UK business bank OakNorth.
Novo secures $125m credit facility to provide working capital to small businesses through Novo Funding
Once approved, small businesses will have instant access to up to $75,000 of working capital.
Cash management – trends and priorities
While real-time data remains an ideal, the cash management process needs first to adapt to expanded ecosystems and networks.
ICYMI fintech funding round-up: Giraffe, eflow Global, Galaxy Ventures & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Settle secures $145m credit facility from Silicon Valley Bank
Settle will use the expanded facility to boost its lending to e-commerce and consumer brands.
Italy’s Mediobanca partners Founders Factory for new UK fintech venture studio
The joint venture is central to the Italian bank’s strategic plan to strengthen its technology ecosystem.
FinTech Futures: Top five stories of the week – 21 July 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Webinar | 6 September 2023: Pioneering innovative partnerships – unveiling the game-changing fintech hybrid model at the point-of-need
An insightful journey through the experience of the successful implementation of the hybrid start-up model.
Myanmar’s FDB Bank signs for Oracle’s Flexcube core banking system
The signing and project kick-off took place this week in Yangon, Myanmar.
Swiss SME lender TP24 secures £345m debt funding from Barclays, M&G
The funding will be used to lend to SMEs in the UK, Australia and Netherlands.
Saudi Arabia’s HyperPay acquires fintech start-up Sanad Cash
HyperPay is aiming to expand its product offerings in order to become an “all-in-one” digital payments platform.
Nav announces second acquisition of the year with start-up Tillful
In addition to the asset acquisition, many of Tillful’s employees will be joining Nav in senior roles.
ICYMI fintech funding round-up: Efficient Capital Labs, CapStack and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
German fintech Moss taps GoCardless to power its UK push
The London-based bank payment company becomes the UK direct debit provider to Moss’ UK expansion.
Defacto secures credit facility of up to €167m with Citi and Viola Credit
The fund will have an initial size of €67 million, with increases subject to consent from the lenders.
Grow Finance joins Pismo as its first Australian client for card issuance
Launching this September, Grow seeks to provide businesses with better cash flow, management and capital.
Egypt Post meets SME financing capabilities with Qardy partnership
Qardy will provide its financing services to Egypt’s SME community through Egypt Post’s numerous post offices.
Silverbird announces Stu Bailey as new CPO
Bailey’s appointment will seek to assist Silverbird in “liberating cross-border trade” for SMEs.
Humo and Credo Bank to pilot RTGS.global settlement service
The pilots will seek to streamline historically cumbersome cross-border settlement processes.
ICYMI fintech funding round-up: Numarics, Zuvy, Shinkansen and Chari
A handy round-up of the recent funding endeavours of fintech companies across the globe.
SumUp taps Form3 for access to UK Faster Payments, appoints CPO
SumUp has also appointed Anna Kuriakose as its new chief product officer (CPO).
Video: Strands and Akbank at Money20/20 Europe – Business financial management for SMEs
Strands and Akbank discuss how they are working together to support SMEs with their banking needs.
Silvr secures up to €200m credit facility to close European SME funding gap
The new transaction is backed by Citi and Channel Capital, and the initial facility will be for €67 million.
Honouring the innovators: PayTech Awards 2023 winners revealed
Celebrating exceptional achievements and talent in payments industry worldwide.
LHV Bank names Rachelle Frewer as new CFO
Frewer will also join LHV Bank’s board of directors.
ICYMI fintech funding round-up: Mypinpad, Navadhan, TransBnk & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Okoora launches integrated payments, banking and risk management platform
To facilitate its expansion, the start-up has submitted licence applications in multiple European countries.
CFIT appoints Stephen Ingledew and Alex Marsh as independent non-executive directors
Stephen Ingledew is chairman of FinTech Scotland and Alex Marsh is the former head of Klarna UK.
Bankable acquires embedded finance platform Arex Markets
With the acquisition, Bankable will be able to embed credit and working capital into the payment flows of fintechs.
Europe funding round-up: DJUST, Apron, Trezy and more
A handy round-up of the recent funding endeavours of fintech companies across Europe.
Market Pay acquires Polish paytech Novelpay in European expansion push
This is Market Pay’s third acquisition in less than two years.
White paper: Building a business card program in today’s digital first landscape
How to make a card program for SMBs a conduit to continued customer/member loyalty and growth for an FI.
ICYMI fintech funding round-up: Payrails, Griffin and more
Our weekly round-up for you to get the latest fintech funding news, this time from across Europe.
US fintechs Boom and Finch secure funding
A handy round-up of the recent funding endeavours of fintech companies across the US.
Paytech Medius to acquire expense management firm Expensya
Medius says the acquisition of Expensya is “one of the largest in the MENA region”.
US paytech CardFlight appoints new CTO, Brian Butts
CardFlight is a New York-based point-of-sale (POS) solutions provider.
B2B fintech Aspire reports profitability
Aspire says its results have set “a new industry standard of sustainable growth”.
