Iwoca lands £270m debt funding package from Citibank and Barclays
The lender says it plans to use the funding to expand its operations in the UK and Germany.
The lender says it plans to use the funding to expand its operations in the UK and Germany.
Lloyds is aiming to boost its “developer experience, software quality, and speed to market”.
The credit union’s implementation of Mambu in Canada arrives in tandem with the UK launch of MV Solar.
In addition, Moneythor’s co-founder, Olivier Berthier, is to transition to the role of chairman.
SoFi Money – the unit targeted by fraudsters – was ultimately closed by the fintech in June 2022.
The regtech platform helps institutions manage, structure, and source compliance and regulatory change.
Beem Credit Union was launched by Gulf & Fraser and Interior Savings on 1 January.
The capability enables the platform’s users to transfer funds to any eligible Visa account globally.
GoTyme Bank’s acquisition claims to serve over 500,000 employees across 150 Philippine enterprises.
The bank has selected SmartStream’s TLM Reconciliations Premium Digital Payments Control solution.
The platform seeks to enable banks and credit unions to cultivate personalised digital experiences.
Schwieger also currently serves as the chair of the board and non-executive director of WealthKernel.
The bank was previously hit with a $348 million fine from the OCC and FRB in March.
The platform will support Libro with loan origination, customer onboarding and deposit account opening.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The funding brings the bank’s total commitment to customer service enhancements to nearly €150 million.
Our pick of the top fintech news stories this week includes Goldman Sachs, HSBC, Microsoft and more.
Cover story: PLASTIC MEASURES – Banking must follow a more sustainable path.
This latest FinTech Founders episode delves into the impact of emerging technologies on fintech partnerships.
The investment adds to the $48 million raised during Securitize’s Series B funding round in 2021.
Larson previously spent over eight years at Canadian multinational information corporation Thomson Reuters.
The bank says it’s currently engaged in a “digital modernisation journey” for its SME clients and retail customers.
The latest funding brings the total amount raised by SumUp since its inception in 2012 to over €3.2 billion.
Nominations for the Banking Tech Awards 2024 are now officially open to companies worldwide!
The deal has a total potential consideration of up to $27 million based on certain conditions.
Nova Credit’s tech enables foreign nationals in the UK to utilise their overseas credit history for mortgages.
The group previously confirmed its decision to split into two separate businesses last month.
The business spend management firm intends to expand its credit offering further across Europe.
The latest capital raise builds on a previous €26.8 million funding round closed in February.
OpenFin’s workspace software will “redefine the user experience” of Kondor, Finastra says.
The fintech can now to accept funds, issue pre-paid debit cards and facilitate money transfers in Spain.
Glover has served as CRO of nCino since 2019, and became its president in 2021.
The appointment marks the third time Bergqvist has performed the duties of group CFO.
In this episode of the podcast, we’re joined by Sonali Divilek, Head of Digital at Chase.
Boyle has previously held leadership roles at Mambu, IBM, Barclays, and Lloyds Banking Group.
The firm will leverage Microsoft’s Azure AI services, including its AI Search and AI Document Intelligence functions.
Barclays was a bidder for the programme back in 2020 before Capital One eventually sold it to Goldman.
The firms expect the deal to be finalised in the first quarter of 2025.
Guegan’s two decades of industry experience extends to UniCredit, RN Bank and BNP Paribas.
The credit union is also converting its core system to Corelation Keystone.