B2B embedded finance platform Toqio appoints VP of technology
VP of technology, Yan Rocubert Paredes, joins Toqio in its home market of Spain.
Europe
The latest fintech news, resources and expert analysis from Europe by the leading intelligence provider for the worldwide fintech community.
SecuritEase snaps up Tiara Fintech Solutions to fuel UK expansion
The undisclosed deal includes Tiara, a CGT calculation engine and tax reporting system launched in 2021.
Samantha Seaton to step down as Moneyhub CEO after 8 years at the helm
Board chair Anne de Kerckhove will serve as interim executive chair during the CEO search.
UK paytech Thredd makes three senior appointments for product and APAC expansion
The hires include a new SVP of platform, VP of account management APAC, and VP of credit.
ICYMI fintech funding round-up: Sourcefin, Volume, Leap Financial, and Juicyway
A handy round-up of the recent funding endeavours of fintech companies across the globe.
SEB Embedded teams up with Enfuce and Humla to launch Hemköp Matkonto card in Sweden
The card leverages Enfuce’s cloud-based payments infrastructure and SEB Embedded’s BaaS platform.
UK fintech Delio names new chair and outlines 2025 strategy
Meyerowitz Singh currently serves as an NED at Platform One and a board member of Engage Smarter AI.
The Tipton and Coseley Building Society taps Mast to power mortgage operations
The Tipton, which lent £116 million in mortgages last year, will use the platform to modernise its mortgage processes.
Mambu names Ivneet Kaur as new chief product and technology officer
Kaur joins Mambu from SterlingCheck, where she served as EVP and chief information and technology officer.
Morgan Stanley taps Wise for corporate cross-border settlements
Morgan Stanley can now offer its corporate clients instant cross-border settlements through Wise Platform.
Chorley Building Society in front-to-back office tech overhaul with TCS
Chorley Building Society will implement the TCS Bancs core banking system.
Swedish neobank Northmill appoints Emil Folkesson as new CFO
Folkesson’s appointment follows the hiring of Julie Chatterjee as CEO in October.
UK fintech BVNK secures $50m in Series B funding round
BVNK previously raised $40 million in a Series A round in 2022.
Neonomics files complaint to Norway’s competition authority over alleged “anti-competitive practices” in country’s payments market
Neonomics says it is calling on the Norwegian Competition Authority to “conduct a thorough investigation”.
AHAM Capital taps Temenos for Multifonds Global Accounting solution
AHAM Capital will utilise Temenos’ tech to modernise its fund accounting platform.
Finova names Paraag Davé as CEO and Rowan Clayton as new CPO
Finova was acquired by Bain Capital Tech Opportunities (BCTO) in August.
The DORA effect: building a strong Digital Operational Resilience Act foundation
Learn how to meet, maintain, and prove compliance with the arrival of DORA.
FIS reportedly set to acquire UK-based fintech Demica for around $300m
Sky News reports that an official announcement on the deal is expected in the coming days.
Stenn Assets UK Limited and Stenn International Limited enter administration
The two units of Stenn Technologies entered administration on 4 December.
ICYMI fintech funding round-up: Brighty, Just, Finny, Prosper, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Shift4 buys UK paytech Card Industry Professionals
The deal adds to Shift4’s growing list of acquisitions this year.
Habib Bank AG Zurich selects nCino platform to power UK buy-to-let lending business
HBZ UK will deploy nCino’s Cloud Banking platform as part of the partnership.
Sweden’s Mynt plots UK expansion with €22m Series B
The round values Mynt, which reached profitability in September, at approximately €175 million.
Equals Group to be acquired by consortium of investors for £283m, paving way for Railsr merger
The deal will see Equals shareholders receive 140 pence per share.
Upvest raises €100m Series C for team and product expansion
Upvest previously raised a €42 million Series B in 2022.
DORA and beyond: what do new compliance standards mean for banking and finance?
DORA redefines financial sector resilience, bringing challenges and opportunities for 2025.
Swedish regulator issues Klarna with administrative fine of around $46m
Sweden’s Financial Supervisory Authority says the fine is for “violating the anti-money laundering regulations”.
Santander names PayPal’s Nitin Prabhu as new head of Digital Consumer Bank
Prabhu, who worked at PayPal for over 12 years, is to join Santander “early in 2025”.
TD Bank upgrades retail card business with Backbase Engagement Banking platform
Through the collaboration, TD Bank will leverage Backbase’s Engagement Banking platform.
Banco Santander to offer on-demand wage access for Spanish SMEs through new CloudPay partnership
The Spanish banking giant has opted for its partner’s CloudPay NOW solution.
Video: Highlights from FinTech Futures’ CMO roundtable and Christmas networking party
Check out the highlights video from the event held in partnership with FinTech B2B Marketing.
Vipps MobilePay launches Tap with Vipps in Norway as “world’s first alternative to Apple Pay on iPhone”
Debuting in Norway, the solution will expand to Denmark, Finland and Sweden next year.
LexisNexis to acquire deepfake detector IDVerse for undisclosed sum
The transaction is set to close in early 2025, with IDVerse joining LexisNexis Risk Solutions Business Services.
UK’s FCA hires Colin Payne as new head of innovation
Payne joins the FCA from PwC, where he served as senior director, central banking and fintech product lead.
Swedish investment platform Kameo partners Neonomics for open banking payments
Kameo will utilise Neonomics’ Nello Pay solution, which launched in October.
Lithuanian fintech Paytend hires Thibault Verbiest as new chairman
Verbiest says he will “oversee the strategic direction and governance” of Paytend.
Mastercard settles collective consumer claim over UK card fees
The reported £200m settlement remains subject to the approval of the Competition Appeal Tribunal (CAT).
Ribbon launches financial services super-app for Indian diaspora in UK with Tribe Payments
Ribbon previously tapped Tribe Payments to launch in Gibraltar earlier this year.
Danish neobank Lunar spins out BaaS division into standalone entity named Moonrise
Lunar has so far amassed 14 partnerships since launching the division in 2023.
Morgan Stanley-backed Sokin acquires Norway’s Settle for undisclosed sum
The UK-based fintech has gained Settle’s European EMI licence through the deal.
