UK mortgage lender Perenna obtains banking licence
Perenna intends to offer long-term fixed rate mortgages in the near future.
Perenna intends to offer long-term fixed rate mortgages in the near future.
The firm will leverage Salt Edge’s Account Information API and data enrichment solutions.
The transaction is expected to close in H2 2022 subject to regulatory approvals.
Mandali will be responsible for scaling and developing the firm’s platform and products.
Founded in 2019, OKEO provides payment services and IBAN accounts for businesses in Europe.
The results are from a survey carried out between July 2021 and June 2022 by market research firm Ipsos.
Arc will use the funding to accelerate its growth and expand the availability of its treasury and software products.
The Caribbean bank has gone live on Temenos Banking Cloud.
Over the next three years, Aeon will pour the cash into SME loans arranged by Assetz Capital.
Dhar will lead the strategy, integration and development of M&T’s digital platforms.
Nebeus will be able to issue branded virtual and physical cards across the UK and Europe.
NetGuardians uses behavioural analytics, artificial intelligence (AI) and machine learning (ML) to detect fraud.
Focused Labs builds custom software products and integrations, including core payments infrastructure.
The solution on Trustfolio’s Debt Adviser Support Portal will provide access to banking transaction data.
The firm brings together financial specialists with more than 200 years of collective experience.
Defero’s CEO will join Axo’s group management team following the transaction.
Ocrolus’ document automation technology will help Lendflow better analyse more data.
In his new role, Satyavarapu will be responsible for managing Nium’s global engineering and technology strategy.
The merger announcement was initially made in May 2021.
Andrews founded Zopa in 2004 and is currently a member of the fintech unicorn’s board.
The firm will incorporate Kestrl’s personal financial management tools into Be U by the end of the year.
Hickman has more than 19 years’ worth of experience within the payments industry.
There are currently over 1,300 sign-ups for the debit card’s waitlist.
Founded in 2009, AstroPay provides payment solutions and digital wallet services across the globe.
The organisation says crypto can “jeopardise the monetary sovereignty of countries”.
Through Archax, abrdn aims to provide new investment opportunities to its customers.
Gardner plans to take on the role of executive chairman once the firm hires his replacement.
The firm will be the first bank outside the US to utilise FIS’ Modern Banking Platform.
Founder Nathan Latka says the firm has deployed over $50m in capital over the last 12 months.
The bank will continue as an investor, issuer and strategic partner.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Former chancellor Philip Hammond is reportedly in talks to serve on the fund’s advisory board.
The new funds will help fuel TeamApt’s planned expansion across Africa in the coming months.
Jawhar’s appointment follows the recent hiring of Nile Younis as Klasha’s new chief commercial officer.
Finix raised the capital at an increased valuation “despite the more challenging economic environment this year”.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Unit says the collaboration with Thread will “empower more companies to offer unique banking solutions”.
The funding will support Ageras’ future strategic acquisitions and the expansion of its software suite.
The deadline for nominations for the Banking Tech Awards 2022 is now Friday 19 August.
The bank will utilise DNA from Fiserv as its new core processing platform.