August 2024: Top five movers and shakers stories of the month
FinTech Futures takes a look back at five of the top movers and shakers stories in August.
Volt
Volt’s co-founder and chief growth officer Jordan Lawrence steps down
Lawrence co-founded UK paytech Volt in 2019 with Tom Greenwood (CEO) and Steffen Vollert (COO).
Real-time payments platform Volt lands UK EMI licence from FCA
With the new licence, Volt plans to enhance its cash management offering Connect to include virtual accounts.
UK paytech Volt brings in former Stripe Europe CEO Matt Henderson as special advisor
Volt says Henderson joins at a “critical inflection point” for the company.
UK paytech Volt secures $60m in Series B funding
With the new funds, the company plans to expand into APAC and the US.
A2A paytech Volt hires Stuart Barclay as new VP of strategy
Barclay joins from Swedish open banking unicorn Trustly.
FinTech Futures: Top five stories of the week – 1 July 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
What The Beatles can teach us about open banking payment adoption
Open banking payments globally look set to have their own ‘Beatlemania’ moment.
Aussie digital bank Volt partners Frollo to launch BaaS app
The app will be fully integrated with Volt’s core banking system.
Aussie challenger bank Volt acquires neolender Australian Mortgage
The two companies had entered into a partnership earlier this year.
Volt raises $23.5m to build global instant payments network
The round is the largest Series A on record for the open banking industry.
Aussie neobank Volt lands extended Series E investment from AFG
AFG picks up an 8% stake in Volt as part of the deal.
Railsbank comes to Australia via tie-up with challenger bank Volt
Railsbank considers Australia “a highly strategic market”, where embedded finance is “still in its infancy”.
Aussie neobanks challenge country’s big four banks
ANZ, Westpac, NAB and Commonwealth Bank have lost a collective half a billion dollars.
Volt closes $70m ahead of IPO plans
Volt plans for $50 million Series D round with British and Middle Eastern investors.
