Enfuce and Orka Ventures launch consumer lending product in Europe
Orka Card will enable customers to integrate all their existing bank accounts into one card and app.
Orka Card will enable customers to integrate all their existing bank accounts into one card and app.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Al Rayan did not dispute the FCA’s findings and agreed to settle.
PFS is a fund administration software company headquartered in the Isle of Man.
Ramani says he is joining Tide at a “critical juncture in its plans to globalise”.
Cube’s CEO says the deal marks the first in what is expected to be a series of acquisitions.
Tap Global raised £3.1 million from listing on the UK-based Aquis Stock Exchange.
The neobank has assured customers that all their funds are secured and its app is still “fully accessible”.
Founder and CEO Liz Syms says the new hires will help deliver on Connect’s “ambitious plans”.
The acquisition follows an investment from AnaCap Financial Partners into Fintus.
Software leverages behavioural analytics, machine learning and artificial intelligence to detect anomalous payments.
The funding will be used to develop Superscript’s underwriting and broking capabilities.
Progressive says it wants to enhance its ability to detect money laundering and financial crime.
An insider reportedly told Sky News that there was “heavy competition for the asset”.
Coinbase CEO and co-founder Brian Armstrong says he is “still optimistic about our future and the future of crypto”.
The bank says deploying Boost.ai’s solution has led to an increase in customer satisfaction scores.
Netcetera’s 3D secure server solution reduces the risk of non-authenticated transactions.
Zingmark joins Loomis Pay from Nordea, where he worked for over eight years in various roles.
Murphy will join NBS in March, leading the firm’s finance team and tasked with driving its strategic growth.
The US saw the highest number of fintech funding in 2022 at $39 billion, followed by UK and India.
Sawyer has previously served as CEO of cryptocurrency exchange Bitstamp, and was co-founder of Starling Bank.
Prior to Funding Circle, Allocca was chief operating officer (COO) at small business banking provider BlueVine.
The deals follow Twenty7tec’s acquisition of fellow UK fintech Bluecoat Software in June last year.
The Bank of Spain has initiated registration for crypto providers as it seeks to clamp down on money laundering.
N26’s CFO and interim COO Jan Kemper has jointly agreed with the bank to step down from his role.
Grainger brings 20 years of banking and payments experience to his new role.
Cornerstone CEO James Hickman says the deal “reflects the value of an e-money registration as well as our platform”.
The goal is to provide a service that assists 50,000 Ukrainian and other refugees by the end of 2023.
Coinbase’s Ireland operations will also now be headed up by Cormac Dinan, its new country director.
With Vybe’s acquisition, Twig plans to expand its Gen Z market footprint.
CGD, Portugal’s largest bank, will leverage the Finance, Risk & Regulatory Reporting (FRR) service from Wolters Kluwer.
The fresh funding brings Recognise Bank’s total funding to date to over £95 million.
Patel joins from interbank cooperative Swift, where he was most recently head of securities.
The company’s aim is to provide cash access, deposit and basic banking services where they are needed, across the UK.
Prior to joining Monex, Philip spent seven years as global chief operating officer at fintech firm Salary Finance.
Arruti joins from Amazon and brings more than two decades of experience to the role.
Hewitt will lead the firm’s accounting, finance and corporate treasury operations.
JP Morgan is aiming to enhance digital transactions for its corporate clients in APAC and Europe.
The FCA says technical failures in TSB’s IT system led to customers being unable to access banking services.
The deal is the latest in a string of acquisitions for LSEG this year.