UK fintech Railsr sold to consortium of VC firms
The consortium consists of D Squared Capital, Moneta VC and Ventura Capital.
The consortium consists of D Squared Capital, Moneta VC and Ventura Capital.
HMBradley will utilise the vendor’s cloud-native core banking platform Vault Core to power its services.
The bank plans to repay all deposits it holds and is also hoping to preserve the residual value of its assets.
CEO Johnny Ayers says the firm plans to invest in “new solutions, verticals, and strategic acquisitions”.
Through the partnership, Mashreq will leverage i2c’s SaaS platform to offer digital payments.
With the new funding, Fynn plans to expand across the US and offer its services to more students.
The acquisition, for an undisclosed sum, will broaden TT’s multi-asset capabilities.
The things you know are important really are. So don’t forget to do the right thing. And for the rest: be human.
Accounts will be closed on 6 April 2023, with customers instructed to withdraw all funds before that deadline.
Some of the most successful tech and fintech organisations around the world have women at their helm.
O’Connor Kolaja replaces former CEO Craig O’Neill, who is set to move to an advisory role within the firm.
The funding round was led by Altos Ventures, with existing investor Cercano Management also participating.
Nominations for the awards are open until 2 June 2023.
Bank BTPN says the partnership with Surecomp means “we can future-proof our trade finance business”.
With Confirmation of Payee, Allica customers will be protected from fraud and misdirected payments.
As more women move into sustainable roles, the green economy can grow along with female representation.
Lenvi is a combination of Equiniti’s EQ Credit Services, EQ Riskfactor, and EQ KYC Solutions.
Swiatek joins Moniepoint from Capital One, where he served as managing vice president for over four years.
Davies will use her expertise and connections to promote Digiseq services to banks, issuers and processors.
Founded in 2020 and based in Paris, Aria offers an API-led B2B financing solution.
A progressive disclosure approach builds trust and instils confidence as allows the user to drill into WHY.
The round was led by Pivot Investment Partners and UBS via its venture arm UBS Next.
According to The Irish Times, the firm’s liabilities have outstripped its assets by €2.5 million ($2.6m).
Griffin will now be able to operate as a bank in the UK with deposit-taking restrictions.
Ready or not, the generative AI genie is out of the bottle and there is no going back.
Nationwide will migrate all types of retail payments from an on-premise platform to the Form3 cloud.
N2F is looking to expand across Europe and will recruit 200 new employees over the next five years.
Ten executives from top firms, including Wells Fargo, Microsoft, TransUnion, and RBC, share their expert views.
Customers will soon be able to make payments to small businesses directly from WhatsApp.
The central bank claims Amazon Pay India didn’t comply with “certain provisions” of KYC and PPI directions.
The deadline for nominations is Friday 17 March, so don’t leave it too late!
Fintech Business Weekly reports the firm is raising $50m at a $1.8bn valuation, a 28% decline in value.
The partnership has resulted in 52% more monthly active users for Buddy, Klarna Kosma says.
I have never known a technology to divide opinion as much as blockchain.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Thomas Grosse has quit the firm citing personal reasons. A successor has yet to be named.
Woolridge joins from EPAM Systems and brings over 25 years of experience to his new role.
Zip expects “significant” amounts of cash to roll in due to these exits, with positive cashflow expected by 2024.
Intesa Sanpaolo will utilise the IBM z16 platform to bolster its cybersecurity operations.
Customers will be able to make donations to the charity by rounding up spending from the card.