UK neolender Proportunity set to launch zero deposit mortgage product
The announcement was made as part of its crowdfunding campaign with Seedrs.
The announcement was made as part of its crowdfunding campaign with Seedrs.
Upon closing, the bank will be renamed VersaBank USA National Association.
The Bank of London says it is making a “multi-million pound” investment in Belfast.
QNB says its open banking APIs could transform the fintech landscape in Qatar.
Elisabet Pinilla will join as the new CTO, and Stephen White as the new COO.
The funds will be used for international expansion and M&A.
The acquisition of Accept will make HomeLight the largest agent-focused cash offer programme in the country.
Raswant has held roles at Standard Chartered Bank and consultancy McKinsey.
The Series B round will support the start-up’s plans to launch an ethical neobank.
As well as the layoffs the wealthtech will be “laser-focused” on core businesses investing, banking and crypto.
The license will enable Mazepay to handle transactions on behalf of companies.
RBI had imposed a ban on Mastercard in July 2021 for non-compliance.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Revolut says it will make use of Salesforce technology to power Revolut Business operations.
Imagen is Rewire’s first acquisition and will enable it to provide prepaid debit cards in Israel.
Fiinu is set to be acquired by media company Immedia for approximately £37.5 million.
The fresh capital will be used to develop and accelerate the overall digitisation of the US banking industry.
deadmau5 will join Zytara’s advisory board “to help enhance the creative direction for Zytara moving forward”.
Upvest says the funds will be used towards building out its investment API, expansion plans and hiring talent.
Founded in May this year, Chippit calls itself a “social banking app”.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
EDIGard is headquartered in Norway and operates across Sweden, Denmark, Finland, UK and Germany.
Given the rising interest rate environment, liquidity optimisation is a high priority, Finteum says.
The move has been a strategic decision made in response to multiple factors including Brexit.
CBA positions Unloan as “a revolutionary force in the Australian mortgage industry”.
Iceflow creator Graham Denyer will join MDX Technology as CTO.
Temenos’ front-to-back office technology will be delivered in the cloud.
Celsius says the pause is designed to put the firm in a “better position” to honour its withdrawal obligations in the future.
With the additional funding, the total Series C funding round stands at $200 million.
At Money 20/20 Europe, FinTech Futures sat down with David Birch, chair of wearable payments disruptor Digiseq.
Earlier as CFO of Kabbage, Bhambani helped lead its acquisition and integration within American Express.
The new funding brings Flip’s total Series B round to over $100 million.
Nuula provides financial products and services to small business owners.
Airbank raises $20m in a Series A funding round led by Molten Ventures.
“At the heart of the partnership is the delivery of a digital decisioning platform,” Trade Ledger says.
The projects will aim to improve efficiency, customer experience, cybersecurity and other areas.
Project New Era, set to launch in September, is a pilot evaluating the future digital currency ecosystem in the UK.
The total funding raised by Allica Bank now stands at £285 million.
Nexi is selling its tech businesses that are powering MTS and Euronext Securities Milan to Euronext.
The acquisition is “set to revolutionise both the wealth and mortgage technology markets”, the firms say.