BaaS fintech Swan plans European expansion with €37m Series B
France-based Swan will be launching in the Netherlands and Italy.
France-based Swan will be launching in the Netherlands and Italy.
Founded in 2020, Panacea Financial provides financial services to healthcare professionals in the US.
Based in Signicat’s Rotterdam office, van der Bogaard will lead a team of more than 35 people.
As CTO, Panchal will be tasked with overseeing TSB Bank’s data and payments functions.
The money will be spent on the development of Treasury4’s Entity4 and Cash4 solutions and also partnerships.
Kroo is looking to family offices, institutional investors, VCs and private equity in the UK, US and Europe.
Rauva’s CEO and founder, Jon Fath, says the start-up is on its way to become one of Portugal’s first unicorns.
FinTech Futures AI Insights is taking place on 22 November at our offices at 240 Blackfriars, London.
Amplifi Capital previously received £50 million in debt funding from M&G back in June.
The Washington-based community bank converted to the CSI core banking system earlier this year.
Robert Sharpe and Andrew Lewis join as chair of the board and chief risk officer (CRO), respectively.
The round was led by Fin Capital and Vertex Ventures Southeast Asia and India.
The company had previously been operating in the UK under the FCA’s Temporary Permissions Regime.
Weber brings over 25 years of experience in B2B enterprise software and SaaS to the role.
Ampla connects consumer brands with embedded banking, bill pay, growth capital and corporate card solutions.
This latest funding brings the total amount of capital raised by the bank to £530 million.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Current deputy CEO Birgit Rutishauser will assume the position of interim CEO from 1 October.
Saxo Fintech was launched in 2019 to bring Saxo’s tech solutions to FIs in Mainland China.
Bring joined the company as CCO in March of this year.
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The London-based start-up becomes one of the first firms to secure an unrestricted bank licence in 2023.
Xero announced its plan to exit the start-up earlier this year after initially acquiring it in 2020.
Master the art of content marketing with fintech marketing consultant Araminta Robertson.
UK consumers lost a total of £177.6 million to impersonation scams last year.
The bank is leveraging Wise’s technology to deliver “smooth and effective international transfers”.
Haythornthwaite will officially take on the role from 15 April 2024, with Davies set to stand down.
Tuck has served as head of product, service and operations at NatWest since March 2020.
Wayflyer plans to deploy the capital to its 3,000 global e-commerce clients.
Visa will utilise the Solana blockchain in a bid to speed up settlement times for merchants.
Chai succeeds Ravi Menon as managing director, who only renewed his term in May.
The strategic equity investment was made through Emirates NBD’s Innovation Fund.
Caledonia Investments bought 7IM in September 2015 for around £100 million.
Alpian has named Gianmarco Bonaita, who previously served as the deputy CEO, as the interim CEO.
On completion, the acquired portfolio is expected to be worth NZ$1.4 billion in outstanding balance.
The bank is seeking to align with the UK’s incoming New Payments Architecture and new ISO 20022 standards.
The partnership is set to enable Wamo to broaden its business account services in the UK and EU.
With the fresh investment, ThetaRay plans on expediting its international expansion “across continents”.
JP Morgan Payments says the partnership will complement its existing capabilities in the region.