NatWest’s Mettle gives users access to FreeAgent’s accounting software
User will need to make one transaction per month minimum for the free service.
Europe
KBC spins out wealthtech business into new start-up ‘everyoneINVESTED’
The start-up will focus on B2B services to help firms attract younger investors.
LCH implements clearing and settlement solution from LSEG Technology
The new system will reportedly clear and risk manage 20 million trades per day.
Coronavirus exposes gaps in innovation
The pandemic has given fintechs a time to shine.
Rangewell calls for Nationwide’s returned £50m to go towards COVID-19 effort
Business finance firm says the bank has abandoned finance plans “when they are most needed”.
Swedish central bank signs agreement to join TIPS from 2022
Swedish krona to be settled by EU-wide payments scheme in a few years’ time.
API builder Yapily lands $13m Series A
The capital raise was led by Revolut-backer Lakestar.
Will fintech CEOs follow in the footsteps of Dan Price post-coronavirus?
Monzo and Moven’s CEOs have both taken a 100% pay cut.
Nordic challenger Lunar adds $21.6m to its Series B
Monzo’s former head of product Ole Mahrt will also join its board of directors.
Exclusive interview: looking beyond the horizon
Fintech Futures talks exclusively to Nationwide’s channel service director, Carole Layzell.
FCA plans financial relief for customers amid COVID-19 pandemic
UK regulator wants a freeze on loan and credit card debt.
Transforming corporate treasury: What lies ahead and what is the impact of Swift gpi?
For many years multinationals and others have struggled with cross-border payments.
What the Fintech? Episode 2 | COVID-19: Is cash still king?
Find out Nick Kerigan’s take on the impact of COVID-19 and his banned buzzword.
Revolut loses its head of wealth and trading, a former Freetrade co-founder
André Mohamed leaves after 18 months at the challenger bank.
TSB’s online and mobile banking goes down on April Fools
Phone lines were busy and branches weren’t reachable amid lockdown.
UK fintech Tully helps distribute COVID-19 payment relief
The fintech wants to reach two million people in its first eight weeks of launch.
Manchester’s fintech scene needs a homegrown unicorn, says report
Manchester is already home to five homegrown ecommerce unicorns.
France’s central bank opens applications for digital currency experiment
Applications are due by 15 May 2020.
Flux and Pleo partner to deliver “invisible” expensing tool to UK SMEs
The new co-created tool is set to launch later this year.
bunq promises its users “CO2 free” status in less than two years
The fintech is introducing a new upgrade called ‘SuperGreen’.
Signicat acquires Connectis to tap Benelux region
CEO of Signicat says Connectis had been on the radar “for quite some time”.
Banking industry publishes EU payments plan post-coronavirus
The paper puts a heavy emphasis on instant payments.
InvestSuite raises €2m in extended seed funding
The Belgian firm will put the money towards a global expansion.
Fintech start-up Byhiras completes UK pension project on time
The full five-year project is estimated to be roughly £500,000.
Wirecard, SAP and Futur/io launch ‘Innovation Now’ to assist merchants amid COVID-19
Merchants will be able to find “assistance packages” through the platform.
Ordo launches free P2P payments service in wake of COVID-19
Payments firm aims to help those doing tasks for people in isolation.
Icelandic challenger bank Indó prepares for launch
The prospective first digital bank in the country is seeking a licence.
ECB calls for bank bonus moderation
The ECB will act against banks which don’t comply.
Monzo’s CEO takes 100% pay cut for 12 months
Senior management and the board will also take a 25% pay cut.
VTB Bank registers new big data company with Rostelecom
The joint venture will be accessible via an API to “all interested market players”.
Poland’s KIR issues e-signatures with Cryptomathic
The release will push along deals otherwise on hold due to social distancing measures.
FNZ-GBST merger under scrutiny from UK’s competition watchdog
CMA says the combination of two major players could squeeze out smaller firms.
CRIF to buy AI fintech Strands
The deal is expected to close in the “coming weeks”.
Digital asset bank Sygnum launches Swiss franc stablecoin
The stablecoin will be backed 1:1 by funds held with the Swiss National Bank.
Siam Commercial Bank taps Ripple to provide cross-border payments
The Thai bank aims to cater to both individuals and businesses.
Colorado National Bank rebrands to Transact Bank and goes live with Fiserv
CNB was bought by the owners of Latvian fintech Transact Pro in 2018.
Banks waive overdraft interest on temporary basis
Banks & building societies have previously been shaking up their overdraft charging structures.
Keeping traders trading from home
Traders have found themselves operating in a new world.
Unicorn hopeful Lanistar lands $2.5m
Founder says it wants to become a £1 billion “banking alternative”.
BNP Paribas snaps up Banco Sabadell depository unit in €115m deal
The unit holds assets worth €22 billion in custody.
