October 2024: Top five M&A deals of the month
FinTech Futures takes a look back at five of the top M&A deals in October.
Monese
Pockit bolsters Monese acquisition with new board appointments
The fintech previously acquired mobile banking services provider Monese earlier this month.
FinTech Futures: Top five news stories of the week – 11 October 2024
Our pick of the top fintech news stories this week includes Monese, TSB Bank, Temenos and more.
UK challenger Monese to be acquired by fellow fintech Pockit
Pockit is to invest £15 million into Monese to support the “integration and future growth of the business”.
FinTech Futures: Top five news stories of the week – 4 October 2024
Our pick of the top fintech news stories this week includes Starling Bank, Fiserv, HSBC, Monese and more.
HSBC reportedly writes off remaining $5.8m stake in UK fintech Monese
HSBC invested $35 million in Monese just two years ago.
FinTech Futures: Top five news stories of the week – 31 May 2024
Our pick of the top fintech news stories this week includes HSBC, XYB, ABN Amro and more.
XYB announces Derek Joyce as new CEO ahead of Monese split
Joyce previously advised XYB on its upcoming split from Monese as well as its latest fundraising endeavours.
FinTech Futures: Top five news stories of the week – 3 May 2024
Our pick of the top fintech news stories this week includes Goldman Sachs, HSBC, Microsoft and more.
Monese and coreless banking subsidiary XYB secure fresh funding ahead of separation
The group previously confirmed its decision to split into two separate businesses last month.
FinTech Futures: Top five news stories of the week – 26 April 2024
Our pick of the top fintech news stories this week includes Monese, Temenos, Synapse and more.
Monese to split business in two amid mounting financial woes
The UK-based fintech has enlisted Interpath Advisory to assist in the internal restructuring.
FinTech Futures: Top five news stories of the week – 16 February 2024
Our pick of the top fintech news stories this week includes Monese, Virgin Money, Bank of America and more.
Swedish VC firm Kinnevik writes off Monese investment in full
The investor has owned 21% of Monese since leading its $60 million Series B round back in 2018.
FinTech Futures: Top five news stories of the week – 5 January 2024
Here’s our pick of five of the top news stories from the world of finance and tech this week, featuring HSBC, Monese, Circle and more.
Monese aims to secure fresh funding after recording £30.5m annual loss for 2022
Monese says its services could be “adversely and potentially severely affected” if new funding isn’t found.
HSBC unveils new international payments app Zing in the UK
Zing is a multi-currency app and debit card that UK residents will be able to use in more than 200 countries.
2023: Top five core banking deals
FinTech Futures recaps five of the top core banking deals of 2023.
Walking the talk with composable banking
Composable architecture creates real flexibility for banks looking to make changes to their cores.
FinTech Futures: Top five stories of the week – 27 October 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Exclusive: Monese drops Thought Machine’s core banking solution Vault in favour of homegrown XYB platform
Monese’s Santosh Radhakrishnan and Bhavik Sanghvi discuss the reasons behind the switch with FinTech Futures.
XYB resolves bank-building barriers with GenAI through Google Cloud partnership
XYB was launched by London-based banking services provider Monese back in May.
Monese to offer “coreless” banking platform through new entity, XYB
XYB is available in the UK and Europe, with plans to also launch in North America and Asia Pacific.
Demystify Podcast with Norris Koppel and Atul Choudrie, Monese
In this podcast episode we talk about Monese and what makes it so special and successful.
HSBC Ventures invests $35m in Monese
Monese will use the new funds to grow its cloud-based Platform-as-a-Service (PaaS) business.
UK fintech Monese hires Alistair Bennett as chief product officer
Bennett will also join Monese’s leadership team, subject to FCA approval.
Challenger banking player Monese makes its first acquisition
Monese has acquired Trezeo, a specialist financial services platform for the self-employed.
Monese appoints Revolut and JP Morgan veterans to leadership roles
Steve Tryner joins as CFO and fintech veteran Stephen Chang joins as VP of operations.
Monese moves into digital banking with Investec
The new partnership will see the international bank begin to offer digital banking services to UK customers.
Monese partners Veriff to strengthen digital security
The neobank will use Veriff’s tech to onboard and authenticate the identity of customers.
Monese picks Thought Machine’s Vault to revamp core banking systems
Monese picks Thought Machine’s Vault to revamp core banking systems.
Monese and Paysafe sign digital banking partnership
Monese customers are able to use Paysafecash with their accounts.
Iwoca launches lending platform to help banks and fintechs tap UK SMEs
The platform has already bagged Monese and Xero as a partners.
Monese set to make 30 employees into millionaires
This is expected after its next fundraise which will value the neobank at £1bn.
Monese becomes UK’s latest fintech unicorn
The challenger aims to close £100m funding in the first half of this year.
Banking app Monese launches “first” cross-border joint account in Europe
Monese wants to offer an alternative to traditional banks’ “red tape”.
Monese and PayPal partner to enhance its mobile features
It follows PayPal’s investment in Monese’s Series B.
Challenger banks in Spain: who’s who (and what’s their tech)
A list of the known challengers to date and the technology they are using.
Monese ventures into business banking
UK and European challenger bank Monese has launched its Monese Business account, available in 11 languages.
Monese enables Google Pay with PrePay Solutions
About time for a mobile-only bank.
