India’s Reliance Group launches financial services super-app JioFinance
The app has been launched in beta and is currently inviting “user input for refinement”.
The app has been launched in beta and is currently inviting “user input for refinement”.
Allpay provides a range of payment channels to approximately 90% of the UK’s leading 200 housing associations.
Monzo has reported a profit before tax of £15.4 million, compared to its £116.3 million loss in FY2023.
Oliver White, Funding Circle’s CFO, has also announced his intention to step down from his role.
The settlement will see Visa pay $104.6m, while Mastercard will pay $92.8m.
The start-up launches with stocks and shares ISAs, GIAs, and a five-year amortising “Boost” loan option.
Forward aims to collaborate with SaaS firms to increase their revenue by “two to three times”.
Bresler previously held the position of deputy head of sales trading in Saxo’s Singapore office from 2016 to 2018.
The framework also highlights the controls which will help firms mitigate governance and asset management risks.
CBC Bancorp will purchase Bay Community Bancorp in an all-cash deal valued at $14 per common share.
Our pick of the top fintech news stories this week includes HSBC, XYB, ABN Amro and more.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures takes a look back at five of the top AI stories from May.
FinTech Futures takes a look back at five of the top payments stories during May.
The funds have been earmarked to fuel the company’s expansion in North America.
Joyce previously advised XYB on its upcoming split from Monese as well as its latest fundraising endeavours.
FinTech Futures takes a look back at five of the top new launches during May.
Richard Heis and Edward Boyle of Interpath Advisory were appointed as joint administrators on 28 May.
Adams will succeed Bob Santella following his six-year tenure in the role.
The start-up is aiming to “revolutionise business banking by redefining what ‘fair banking’ truly means”.
Four fintech founders reflect on their start-up journeys and give their key takeaways for aspiring entrepreneurs.
The firm claims to be the world’s first “FinText” company.
FinTech Futures takes a look back at five of the top M&A deals in May.
The collaboration aims to “help validate bank account details used in international payments to Australia”.
Worldline has been a long-standing partner of Banque Raiffeisen, providing it with a number of payment services.
The Relay platform is designed to “help small businesses take control of their cash flow”.
Other members of the investment group include PiggyVest, Ventures Platform and P1 Ventures.
FinTech Futures takes a look back at five of the top funding rounds to emerge during May.
The OCC has ordered the bank to create a compliance committee as part of the action.
Joslyn brings over 25 years of tech experience to the role and succeeds interim CTO James Letley.
The new bank says it plans to start lending “later this year”.
Geidea has been selected to enhance the offering by integrating a merchant acquiring facility.
FinTech Futures takes a look back at five of the top core banking stories of the month.
The firm enables Latino workers in the US to send money abroad via WhatsApp.
The bank claims to have migrated “over 200,000” customer accounts to the new cloud-based platform.
Burns previously served as the global head of technology and operations at DWS Group for over seven years.
North America’s sixth-largest commercial bank has tapped the platform to “detect more early warning signs” in lending.
The deal will see CR2’s BankWorld platform combined with HPS’ PowerCard suite.
FinTech Futures takes a look back at five of the top fintech partnership stories of the month.
The deal is expected to close in Q1 2025 pending regulatory approvals.