Fils launches as digital ESG infrastructure for payments sector
Founder Nameer Khan describes his latest venture as “a catalyst for the evolution of ESG enforcement”.
Founder Nameer Khan describes his latest venture as “a catalyst for the evolution of ESG enforcement”.
The agreement will directly connect Klarna to STEP2 and the gross settlement payment system RT1.
Albera has been with Checkout.com for the last three years, serving as senior vice president of engineering.
The round was led by European private equity firm BlackFin Capital Partners.
The SME-focused challenger landed its UK banking licence with the FCA and PRA in March.
Monzo could close its latest round of funding before the end of the year as it eyes up a potential IPO.
Aspire Systems has partnered with BNF Bank on a transformation journey to implement Temenos digital banking solutions.
The deal will be completed through Advent’s new payments company, AI Circle Bidco.
Founded in 2018, Zazuu operated a marketplace for cross-border payment networks in Africa.
Apple Pay’s UK customers can access their “most relevant” account information at the time of purchase.
Picus Capital, Coatue, Crane Venture Partners, Inkef, and a number of angel investors also participated in the round.
Williamson is expected to be paid in the company’s shares, and will meet its executive committee once a month.
Synch says “it was no longer feasible to launch its payment app Yippay into the Irish market”.
Created 20 years ago, Lynx leverages AI and machine learning to detect and prevent financial crime.
Engine enables clients to build their own banking propositions using the same core technology that Starling uses.
The launch follows a previous £140 million investment that Redpin received from Blackstone, Palamon and Corsair.
With the new licence, Commerzbank aims to build up a range of digital asset services, with a focus on crypto assets.
Its position on the watchlist was revealed last week via the release of a 217-page dossier outlining a rescue deal for the bank.
Bambu says its solution has been designed for financial institutions that cater to mass retail investors.
The bank aims to increase efficiency in its underwriting and loan origination processes.
The deals mark Fintel’s third and fourth acquisitions of the year, following deals for Micap and Competent Adviser.
Payments innovation and the regulation of AI were hot topics of discussion at this year’s Fintech Talents Festival.
Levenue provides a marketplace for subscription-based businesses to connect with investors and access financing.
The fintech’s Series B also saw participation from existing investors BNY Mellon, UBS and Nasdaq Ventures.
Effective January, Williams-Gardener succeeds former Confused CEO Louise O’Shea as chair of the organisation.
The first two quarters of this year saw global enforcement fines amount to $1.5bn and $2.27bn, respectively.
Hosted at The Brewery, London, the festival has this year attracted over 2,000 delegates and 400 speakers.
The three banks are Tajikistan-based Alif Bank and Bank Arvand and Montenegro’s Universal Capital Bank.
The bank claims the new services mark a “significant breakthrough in the realm of open banking within Iceland”.
The company says it is “working to resume onboarding businesses in Europe as a priority”.
Cash App had been pursuing a VASP licence in the country since 2021.
The rules state that instant transfers must not cost more than standard services.
The regulator recently reviewed how firms tackle fraud and handle complaints from customers.
O’Connor joined the bank five months ago following GoSimpleTax’s acquisition of Coconut.
Dubai Investments has acquired an additional 7.68% equity stake in the bank.
SimCorp and Axioma are both subsidiaries of the Deutsche Börse Group.
In an announcement on its website, Cardeo says it failed to secure funding “required to continue as a business”.
The challenger bank wants to focus its efforts on its “core markets”, namely Germany, France, Spain and Italy.
Travelex CCO Cameron Hume is also transitioning into the role of global wholesale director.
Woodhead joins from 10x Banking, where he worked for over five years following a decade-long stint at Barclays.