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.
Pockit
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”.
UK fintech Pockit names Garreth Griffith as new COO
With a career spanning more than 25 years, Griffith joins Pockit from Habito, where he also served as COO.
ICYMI fintech funding round-up: Pockit, Orbital, Traction & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Form3 partners with Pockit
The UK-based payments system is also opening new offices in Amsterdam.
Monzo, Revolut, Loot, U Account and other fintechs let down by payments processor
Payment outages have caused major problems to cardholders and fintech services provides in the UK and internationally. This is understood to be down to payments processor Global Processing Services (GPS).
UK challenger Pockit reaches 100,000 customer mark
UK challenger “neo-bank” Pockit says it now has 100,000 customers, “nearly twice as many” as three of its rivals – Monzo, Atom and Tandem – “combined”. On its website, Pockit says it is a “prepaid MasterCard, not a bank”, so the term “neo-bank” may be worth scrapping or explaining. It’s been around for a while, […]
