Development Bank of St. Kitts and Nevis renovates core with ERI’s Olympic Banking System
The upgraded core is anticipated to attract new foreign investment to the island’s development projects.
News
TPG agrees to invest $336m in data management platform Denodo
Denodo intends to leverage the funding and TPG’s “deep experience” to expand globally.
Bonifii’s new identity credential completes pilot with Lone Star Credit Union
The product is now expected to be offered to more credit unions and banks in the US.
Swedish paytech Trustly taps Klarna and Adyen alumni for new COO and CRO hires
Eileen Chibb joins as chief operations officer (COO) and Jussi Lindberg as chief revenue officer (CRO).
BaaS fintech Swan plans European expansion with €37m Series B
France-based Swan will be launching in the Netherlands and Italy.
Specialist neobank Panacea Financial turns to Bankjoy for digital banking tech
Founded in 2020, Panacea Financial provides financial services to healthcare professionals in the US.
Digital ID firm Signicat names Michel van den Bogaard as CFO
Based in Signicat’s Rotterdam office, van der Bogaard will lead a team of more than 35 people.
Sailesh Panchal announced as new CTO of TSB Bank
As CTO, Panchal will be tasked with overseeing TSB Bank’s data and payments functions.
What the FinTech? | S.4 Episode 15 | How Scotland is aiming to become a global fintech hub
In this episode of the podcast, we’re joined by Nicola Anderson, CEO of FinTech Scotland.
Enterprise fintech Treasury4 closes Series A at $20m
The money will be spent on the development of Treasury4’s Entity4 and Cash4 solutions and also partnerships.
UK challenger Kroo looks to raise £70m Series C as it takes on banking transparency
Kroo is looking to family offices, institutional investors, VCs and private equity in the UK, US and Europe.
ThinkMarkets launches ThinkPortal app for on-the-go account management
ThinkPortal app is a new multi-functional mobile app for traders.
Fintech start-up Rauva buys Banco Empresas Montepio for €30m
Rauva’s CEO and founder, Jon Fath, says the start-up is on its way to become one of Portugal’s first unicorns.
FinTech Futures AI Insights: The next chapter for artificial intelligence
FinTech Futures AI Insights is taking place on 22 November at our offices at 240 Blackfriars, London.
Amplifi Capital lands £100m securitisation warehouse with NatWest for Reevo Money expansion
Amplifi Capital previously received £50 million in debt funding from M&G back in June.
Commencement Bank integrates Allied Payment Network digital payments into CSI core
The Washington-based community bank converted to the CSI core banking system earlier this year.
Scottish challenger Alba Bank scales leadership team with two new appointments
Robert Sharpe and Andrew Lewis join as chair of the board and chief risk officer (CRO), respectively.
Risk management platform Certa’s twice-oversubscribed Series B raises $35m
The round was led by Fin Capital and Vertex Ventures Southeast Asia and India.
Adyen lands UK banking authorisation from FCA and PRA
The company had previously been operating in the UK under the FCA’s Temporary Permissions Regime.
David Weber named as new COO of Volante Technologies
Weber brings over 25 years of experience in B2B enterprise software and SaaS to the role.
US fintech Ampla secures $258m credit facility with Goldman Sachs and Atalaya
Ampla connects consumer brands with embedded banking, bill pay, growth capital and corporate card solutions.
UK challenger Zopa looks to accelerate growth with £75m funding
This latest funding brings the total amount of capital raised by the bank to £530 million.
FinTech Futures: Top five stories of the week – 8 September 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ICYMI fintech funding round-up: GenTwo, Momnt, myZoi, Treyd, Firstcard & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Urban Angehrn steps down as CEO of FINMA
Current deputy CEO Birgit Rutishauser will assume the position of interim CEO from 1 October.
Geely Group buys out Saxo Bank stake in joint fintech venture
Saxo Fintech was launched in 2019 to bring Saxo’s tech solutions to FIs in Mainland China.
UK paytech PPRO promotes Motie Bring to CEO
Bring joined the company as CCO in March of this year.
Video: How fintech founders can use content marketing to establish themselves as experts
Gain actionable insights on how to maximise your thought-leadership and consequently, brand awareness.
UK start-up Perenna secures unrestricted banking licence from FCA and PRA
The London-based start-up becomes one of the first firms to secure an unrestricted bank licence in 2023.
Commonwealth Bank of Australia snaps up business lending platform Waddle from Xero
Xero announced its plan to exit the start-up earlier this year after initially acquiring it in 2020.
Video: How fintechs can use content marketing to generate sales
Master the art of content marketing with fintech marketing consultant Araminta Robertson.
Monzo announces new feature to help protect customers against impersonation scams
UK consumers lost a total of £177.6 million to impersonation scams last year.
Saudi Awwal Bank taps Wise for international money transfers
The bank is leveraging Wise’s technology to deliver “smooth and effective international transfers”.
NatWest names Rick Haythornthwaite as new chair to succeed Sir Howard Davies
Haythornthwaite will officially take on the role from 15 April 2024, with Davies set to stand down.
UK paytech Form3 names former NatWest exec Matt Tuck as new CCO
Tuck has served as head of product, service and operations at NatWest since March 2020.
Irish lender Wayflyer lands $1bn financing deal with Neuberger Berman
Wayflyer plans to deploy the capital to its 3,000 global e-commerce clients.
Visa expands stablecoin settlement pilots in push to modernise cross-border payments
Visa will utilise the Solana blockchain in a bid to speed up settlement times for merchants.
MAS appoints Chia Der Jiun as managing director with Ravi Menon set to retire
Chai succeeds Ravi Menon as managing director, who only renewed his term in May.
Emirates NBD makes strategic investment in trade finance tech firm Komgo
The strategic equity investment was made through Emirates NBD’s Innovation Fund.
OTPP snaps up Caledonia Investments’ majority stake in wealth management firm 7IM for £255m
Caledonia Investments bought 7IM in September 2015 for around £100 million.
