Lendflow partners Ocrolus to streamline credit decisioning
Ocrolus’ document automation technology will help Lendflow better analyse more data.
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.
Customers can now access digital tools designed to improve financial literacy and establish saving habits.
The RBA says the project will engage with “a wide range of industry participants”.
The firm’s investment model combines credit and equity for fintech businesses that have predictable revenue.
The acquisition is expected to close on 31 August 2022.
The partnership aims to enable paperless communication across treasury and trade finance processes.
Truework says the funds will support its product development and hiring plans.
The Berlin-based neobank says the action will not affect its services, customer funds or investments.
KeyBank says BlueSnap’s operating model will give clients the flexibility to process global payments.
Wagner will take over from current CEO Sven Lindemann on 15 August 2022.
The firm has acquired payment service provider PnLink and virtual asset service provider OK-BIT.
Goldman Sachs says it is cooperating with the regulatory body.
The company says micro-investing is a good first step into the space, providing “investment on auto-pilot”.
CIBC customers will be able to securely share their financial data with third-party fintechs via an API.
The Garage builds and invests in early-stage start-ups in fintech, artificial intelligence and cyber.
The new funding has raised the company’s valuation to $100 million.
Under a proposed federal court order, First American will have to return $4.9m to affected businesses.