Banking Circle’s BC Payments Singapore moves closer to MPI licence with MAS in-principle approval
BC Payments Singapore CEO plans to “double the size of our team” over the next year.
Europe
The latest fintech news, resources and expert analysis from Europe by the leading intelligence provider for the worldwide fintech community.
Basildon Credit Union enters administration and ceases trading
The FSCS says it expects the total compensation for BCU’s 498 members to be around £344,000.
9fin strengthens debt market coverage with Bond Radar acquisition
The deal follows 9fin’s recent $50 million Series B funding round in December.
Webinar key takeaways – EMEA fintechs: unlock innovation with generative AI with AWS and NVIDIA
Explore the key takeaways from our recent webinar on generative AI with AWS and NVIDIA.
PayU acquires 43.5% stake in Indian paytech Mindgate Solutions
Mindgate’s co-founders, George Sam and Guhan Muthuswamy, will retain majority ownership of the firm.
How UK credit unions are embracing fintech to modernise and keep pace with tech innovation
Fintech is transforming UK credit unions, blending innovation with accessibility and community values.
ICYMI fintech funding round-up: Navadhan, Kosli, Sibstar, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
NatWest becomes first UK bank to partner with OpenAI to accelerate AI transformation
NatWest’s digital assistant services are cited as “a key area of focus” for the collaboration.
Lloyds Banking Group expands cloud migration partnership with Oracle
Lloyds has selected Oracle Database@Azure and Oracle Exadata Cloud@Customer to accelerate its cloud migration.
The Cumberland Building Society taps TCS for core banking upgrade
The Cumberland becomes the latest UK firm to adopt TCS’s core banking solution, TCS Bancs.
Have high street banks lost their squeeze?
Banks should think carefully about edge cases and have simple solutions as backups for when things go wrong.
Clowd9 names Patrick Butler as new head of risk and governance
Clowd9 has also revealed plans to scale its real-time payment capabilities into “new markets”.
Czech SME lender Flowpay secures €30m debt financing with Fasanara Capital
Flowpay will use the financing to expand operations beyond the Czech Republic, Netherlands and Slovakia.
Monzo promotes long-term employee Andy Smart to chief product officer
Smart joined Monzo in 2016 as one of its first 20 employees, starting as a senior iOS engineer.
Banking veteran Guy Noble named as new UK CEO of Guavapay
The leadership transition comes amid the departure of group CEO Kamal Hasanov this month.
Fiserv acquires Dutch paytech CCV to expand Clover platform
Fiserv says the deal will “accelerate the deployment of its Clover platform and operating system across Europe”.
PayFuture names Praful Morar as new deputy CEO
Morar has been tasked with strengthening PayFuture’s product portfolio and pursuing global licences.
Marygold & Co debuts mobile banking fintech app in UK
The new app incorporates features from partners Griffin Bank and Moneyhub.
Klarna to become Walmart’s exclusive BNPL provider through OnePay partnership
Klarna will offer its instalment loan services through the Walmart-backed OnePay app.
Metro Bank deploys agentic AI across commercial lending with Covecta
The high street bank has picked Covecta’s AI platform to streamline commercial loan processes.
Curve lands £37m investment led by Hanaco Ventures
Curve’s CEO says the funds will “bring new partnerships, and accelerate our path to profitability”.
Trade finance firm Zvilo names Admir Imami as new CEO
Zvilo says Imami will work to “enhance and expand” the firm’s global trade finance operations.
Virgin Money partners Mastercard to enhance credit card app with open banking tech
Customers will now be able to view balances and transactions from other banks on the Virgin Money credit card app.
OakNorth set to acquire Michigan’s Community Unity Bank to fuel US expansion plans
CUB CEO Greg Wernette will lead OakNorth’s US banking division, launched in July 2023.
UK’s FCA considers raising or removing contactless payment limits
The FCA currently sets a £100 single transaction limit for contactless payments.
Klarna files registration statement with SEC for proposed New York IPO
Klarna says the price range for the proposed offering has not yet been determined.
Atoa secures Authorised Payment Institution status with FCA approval
Atoa can now provide payment initiation, virtual account, and payment account information services.
Critical third parties: best practices for supplier resilience
The introduction of the CTP regime marks an important step in enhancing the resilience of the financial sector.
MoonPay buys German stablecoin payment infrastructure start-up Iron
The deal is MoonPay’s second acquisition so far in 2025, following its purchase of Helio in January.
Euronext puts down €398m for Visma’s Admincontrol in Nordic SaaS expansion drive
Euronext intends for the purchase to strengthen its SaaS offering and position in the Nordics.
Binance lands record $2bn crypto investment from Abu Dhabi’s MGX
Binance’s $2 billion injection represents the “single largest investment into a crypto company”.
Czech bank ČSOB selects nCino for commercial lending tech
Československá obchodní banka will deploy the nCino Commercial Lending solution.
Solifi appoints Backbase’s Karan Oberoi as new chief product officer
Oberoi has been overseeing product operations at Backbase since July 2021.
UK government to abolish the PSR in push to cut “unnecessary regulation” and drive economic growth
The UK government says the move “follows complaints from businesses that the regulatory environment was too complex”.
Paytech start-up Mimo raises $8.5m equity investment, inks embedded funding partnership with Froda
Mimo plans to provide UK SMBs with “$125m+ in flexible working capital solutions over the coming years”.
Video: FinovateEurope 2025 – what’s hot in fintech?
At FinovateEurope 2025, FinTech Futures asked attendees what trends the industry should be keeping an eye on.
ClearBank promotes Mark Fairless to CEO as Charles McManus steps down
Fairless has served as ClearBank’s CFO and board member since January 2023.
Natech Banking Solutions hires new CTO and CPO with plans to “expand internationally”
CEO and president Thansis Navrozoglou says the appointments “complete our executive structure”.
Nationwide upgrades credit decisioning with FICO’s cloud platform
Nationwide now utilises FICO’s solution to process around 1.5 million credit decisions monthly.
Bank of Ireland taps Canada’s Surecomp for Trade Finance-as-a-Service solution
The bank is set to deploy Surecomp’s cloud-based DOKA-NG solution within its trade finance back office.
