Chilean fintech Xepelin lands $140m credit line from Goldman Sachs
The credit line is designed to help finance further expansion into Mexico, Bloomberg reports.
The credit line is designed to help finance further expansion into Mexico, Bloomberg reports.
Abbove hopes to expand into six countries including the UK if the Belgium pilot proves a success.
Our weekly fintech round-up for you to get the latest funding news from around the world.
A handy round-up of the recent funding endeavours of fintech companies across Europe.
Arca is the first Nigerian fintech to utilise ThetaRay’s Sonar solution.
Streetman will be tasked with leading the company’s culture, strategy, operations and expansion plans.
The new money will be used to expand its go-to-market efforts and accelerate product innovation.
Barker brings more than 25 years’ worth of experience in the technology space to the role.
StreamBank intends to be a partner for property professionals looking for bridging or development finance.
Thomas Restout says he aims to help the firm “accelerate expansion”.
Alpian has plans for a full public rollout by the end of this year.
SteelEye claims the $21m Series B marks the largest raise by a European regtech firm in 2022.
This year’s event will take place in Amsterdam on 30 September.
The funding will be used to “improve financial access” for Mexican businesses.
The move forms part of Contour’s plans to launch a digital open account trade finance offering.
Both deals are expected to close in H1 2023.
Jarratt has 30 years’ worth of experience across financial services, telco and utilities.
Nigeria’s Carbon Finance is now a full-service bank with pan-African aspirations.
The debt funding will be complemented by a seed equity round that Plurall is currently raising.
The RBI says that the new rules will be applicable to both existing and new customers.
Clappison joins from Virgin Money, having also previously worked at TSYS and Newcastle Building Society.
Napier offers an AI-led platform for AML and trade compliance.
The increase in shared banking hubs comes as retail banks continue to pull out of the country’s high streets.
Rohde joins from Swisscard, a joint venture between American Express and Credit Suisse.
The new digital bank for small businesses will operate as a separate entity under Liberty Bank.
The card was co-designed by Idemia, an identity technology solutions provider in the physical and digital space.
In her new role, Christie will lead digital transformation, information and technology services for the bank.
Solvo will offer investments, savings, crypto buying and selling as well as a card for payments.
The self-sovereign identity network will ensure interoperability between digital wallets from different vendors.
The app will be tested by Dutch department store HEMA from mid-September in three of its stores.
Kuda says cuts were made across growth, marketing and product departments in the company.
Wealthfront CEO David Fortunato says the pair are “continuing to explore ways to work together”.
Together, the firms also have plans to expand into new markets such as India and Singapore.
The fresh cash will support Alloy’s continuing global expansion.
Momentum went live with Duco’s platform as part of a wider data automation strategy.
Moneyflow says the facility will help accelerate the rollout of its embedded finance services.
Mahalo’s banking platform will integrate various customer channels with the credit union’s core.
The round was led by FTV Capital, with existing investor Headline also participating.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ING says it evaluated all options and concluded it is “not feasible to achieve its ambitions with Yolt”.