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SME
Paymob lands PSP licence from Oman’s central bank
Paymob now claims to be the first international fintech company to be fully licenced in Oman.
Commerzbank forms joint venture with Global Payments for SME payment solutions
The new joint venture, Commerz Globalpay, is expected to launch in H1 2024 and will be based in Frankfurt.
ICYMI fintech funding round-up: KlariVis, Komunal, Maalexi, Cleva & CSI
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Zimbabwe’s Success Microfinance Bank taps FinOS for core banking
The bank has partnered with FinOS to access its composable banking capabilities and increase operating ability.
B2B payments should have the same convenience as B2C payments
B2B payments have been neglected, cross-border B2B payments more so. It is time they caught up.
Capital on Tap triggers leadership reshuffle
Co-founder David Luck will assume the role of executive chairman, while CPO Damian Brychcy takes on the role of CEO.
Kazakhstani fintech Solva eyes future as SME-focused bank following $20m investment
The investment was backed by the Sawiris family of the Egyptian Orascom Group and ZCP.
Saudi fintech start-up Tameed raises $15m Series A
The firm says it will use the funding to “meet the increasing demand” for its digital lending products.
OakNorth names Lord Adair Turner as new chairman
The bank plans to leverage Turner’s “extensive track record in financial services” to boost its growth plans.
2023: Top five fintech start-ups of the year
Here are five of the top fintech start-up stories from 2023.
2023: Top five funding rounds of the year
Capping off 2023, we take a look back at five of the top fundraising rounds of this year.
US fintech Vestwell secures $125m in Series D funding round
CEO and founder Aaron Schumm says the raise is “one of the largest Series D SaaS rounds in the US this year”.
Dutch neobank Bunq launches self-built GenAI platform for customers
Dubbed Finn, the platform allows users to ask advanced questions or seek advice about their finances.
Award wins signal success for Polish newcomer VeloBank
Poland-based challenger VeloBank won both the Team of the Year and Newcomer Banking Brand at Banking Tech Awards 2023.
The What the FinTech? podcast | Season four’s jailed buzzwords
We run down all the buzzwords our podcast guests wanted gone from the industry this year.
Mexican SME payments platform Kapital raises $40m Series B
The round was led by Tribe Capital, with participation from Cervin Ventures and Tru Arrow, among others.
ICYMI fintech funding round-up: Nearpay, Supra, Hyperplane and Pave Bank
Our weekly round-up for you to get the latest fintech funding news from around the world.
UK fintech Ebury acquires Prime Financial Markets to make African debut
The deal will see the London-based fintech open a local office in South Africa.
Saudi business lending marketplace Lendo gears up for IPO with $28m Series B
Lendo has announced it plans to pursue an IPO “within the next few years”.
Banking Technology Magazine Dec 2023 / Jan 2024 issue out now
Cover story: THE BEST OF BANKING TECH – Winners and pictures from an amazing night.
SumUp bags €285m in latest funding round to fuel expansion plans
Led by Sixth Street Growth, the round also saw participation from existing investors.
Elemi Bank applies to FDIC and seeks $25m in capital to launch corporate offering
The bank is expected to establish itself as a state-chartered, corporate bank with a B2B offering.
Building a world for the 99%
We have the technology to create a more supportive ecosystem for millions of SMEs worldwide.
ICYMI fintech funding round-up: January, Spade, Keyless and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures: Top five stories of the week – 8 December 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Funding Circle appoints Coconut co-founder Adam Goodall as VP of product
Goodall joins Funding Circle from Coconut, a UK-based bookkeeping start-up he co-founded in 2016.
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.
Allica Bank partners Wise Platform for cross-border payment solution
The partnership will enable Allica’s business customers to make “transparent and low-cost” international payments.
John O’Beirne takes the reins as executive director of Square’s Europe operations
O’Beirne joins from Bank of Ireland, where he spent almost 20 years in various senior roles.
French business banking firm Qonto taps Fourthline for onboarding tech
Fourthline’s tech will help the firm authenticate identity documents, electronic signatures and biometric data.
UAE fintech start-up Flow48 lands $25m pre-Series A funding
Founded in 2022 by Idriss Al Rifai, Flow48 provides revenue-based financing to SMEs.
ICYMI fintech funding round-up: PhiCommerce, Yabi, Enfuce and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
UK fintech Paysend lands $65m in fresh funding round
The round includes strategic investments as well as participation from existing investors.
UK challenger Aldermore Bank enters strategic partnership with Mambu
Aldermore joins 18 regulated UK banks and 22 non-bank lenders and EMIs which run on Mambu.
Nucleus Commercial Finance secures £200m funding facility from NatWest
The new facility brings its total lending capacity to date to £900 million.
US fintech start-up CapitalOS emerges from stealth with $39m in equity and debt financing
The San Francisco-based firm has launched with $9m in equity funding and $30m in debt financing.
Swedish lender Froda hires former Klarna director Roger Forsberg as CTO
Forsberg is expected to form and execute a strategy for Froda’s loan products and embedded finance operations.
Funding Circle and Atom Bank to provide an additional £150m in financing to UK SMEs
The third such partnership between the two firms takes Atom’s total lending with Funding Circle up to £800m.
ICYMI fintech funding round-up: Kiwi, ID Finance, Crezco and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
