French expense management firm Mooncard bags €37m Series C funding
Mooncard previously raised €20 million as part of its Series B funding round in September 2021.
Europe
LSEG taps Satvinder Singh to lead data and analytics division
Singh joins LSEG from Mastercard where he is the co-head for advisors in its data and services business.
Pennyworth CEO says banking authorisation is “in sight” as start-up plots growth
FinTech Futures sits down for a chat with Pennyworth’s co-founder and CEO Jeremy Takle.
Leek Building Society taps Jade ThirdEye to enhance AML and CTF controls
Leek Building Society will use Jade ThirdEye’s Customer Screening and Transaction Monitoring SaaS solution.
Fintech B2B Marketing Conference 2023: ChatGPT to join as live panellist
The conference, supported by FinTech Futures, will gather 150+ fintech marketers on 26 April in London.
Dutch SME lender Factris secures €50m funding line from Aegon Asset Management
The funding line will enable Factris “to support struggling business owners” with its financing services.
IFGS 2023: UK has the opportunity to take the lead on tailored BNPL regulation
Klarna and Block discussed how the UK can set the tone for BNPL regulation at IFGS 2023.
Former CIO of TSB Bank fined £81k by PRA over 2018 IT disruption
The PRA says Carlos Abarca breached its senior manager conduct rules.
Wealth app Chip appoints Gina Silvester as new COO
Silvester replaces outgoing COO Sharon Miles, who is joining OakNorth Bank as its new group COO.
IFGS 2023: More “radical change” for payments on the horizon, BoE deputy governor says
Payments used to be a “dusty corner” in financial services but are now evolving at speed, Sir Jon Cunliffe says.
IFGS 2023: How crisis creates opportunity for fintechs
Funding Circle CEO Lisa Jacobs and Zopa CEO Jaidev Janardana took to the stage at IFGS 2023 in London.
Illimity Bank and EIB sign €200m agreement to support Italian SMEs
This is the second agreement between the two firms, following the €1 billion funding facilitated in 2021.
Clearstream launches new bank in Luxembourg for institutional fund investors
The new entity, named Clearstream Fund Centre, operates under a Luxembourgian commercial banking licence.
SME Finance secures €100m credit facility from London’s Fasanara Capital
The latest funding brings the total committed from Fasanara to €240 million.
WealthKernel names Brian Schwieger as new board chair and non-exec director
Schwieger was previously global head of equities and ETF trading at the London Stock Exchange.
Credit card start-up Yonder bags £62.5m in equity and debt funding
The fresh funding gives Yonder a post-money valuation of more than £70 million.
Demystify Podcast: Demystifying BaaS in Europe with Warburg and Vodeno
Warburg’s vision and acquisition strategy and how these are being driven by the seismic changes in financial services.
Demystify Podcast: Demystifying BaaS and embedded banking with Michael Zyber and Wojciech Sass
This episode of Demystify Podcast welcomes Michael Zyber, CEO of Metro AG, and Wojciech Sass, co-founder of Vodeno.
Demystify Podcast with Norris Koppel and Atul Choudrie, Monese
In this podcast episode we talk about Monese and what makes it so special and successful.
The Banking Scene: Today’s banking challenges and the search for a new ethos
The Banking Scene Conference 2023 Brussels will take place on Tuesday 16 May.
Paynetics lands UK EMI licence from the FCA
Paynetics was previously operating in the UK under the FCA’s Temporary Permission Regime.
Virgin Money partners FNZ to launch new digital investment platform
The new offering will provide Virgin Money customers with three investment funds to choose from.
BNP Paribas deploys Worldline solution to tackle SEPA direct debit fraud
BNP Paribas Cash Management will deploy Worldline’s Account Validation solution.
ClearBank sees income nearly triple to £58m in 2022
UK-based ClearBank is plotting its European expansion and expects to remain profitable through 2023.
Montenegro’s central bank partners Ripple for CBDC pilot
Montenegro joins a list of more than 100 countries piloting a CBDC for various use cases.
FCA orders closure of WealthTek, joint special administrators appointed
The FCA ordered WealthTek to cease all operations last week, citing “serious regulatory and operational issues”.
Societe Generale taps Lemonway for B2B marketplace payment services
The French bank plans to offer payment services for large corporates entering the B2B marketplace arena.
UK payments start-up Ryft secures FCA licence
The company raised £1.5 million in a seed funding round last year.
IG Group names Adam Wheelwright as new CTO
Wheelwright was previously the CIO of the UK Health Security Agency.
UK’s Payment Systems Regulator unveils annual plan and budget
The UK’s Payment Systems Regulator has published its key aims, activities and budget for the next year.
French private bank Milleis completes core banking tech revamp with ERI
Milleis, which stems from Barclays’ wealth management business in France, embarked on the project in 2018.
European paytech Viva Wallet names Dimitris Mavroyiannis as group COO
Mavroyiannis joins from Greece’s Piraeus Bank, where he led the operations and technology arms of the business.
PostFinance partners Sygnum for digital asset banking services
PostFinance customers can now access regulated, bank-grade cryptocurrency services.
UTP Group set to acquire Wellet’s Spanish business
Launched in 2021, Wellet is a card payment app that uses similar technology to UTP Group’s Tapeeno.
Lloyds Bank partners Enigio to boost trade finance digitisation
Enigio’s solution creates digital documents that can be used where an ‘original’ document is required.
Tandem Bank acquires money app Loop for undisclosed sum
Loop will continue to operate as a standalone brand and app following the acquisition.
How fintech start-ups are driving the ethical finance revolution
FinTech Futures chats with three ethical fintech firms operating in the UK.
TerraPay secures $100m in debt and equity funding to fuel global expansion
With the new funding, TerraPay plans to expand its services in Latin America and the MENA region.
UK government delays plan to sell NatWest shares by two years
Rather than offload a 15% stake in the group this year, HM Treasury has pushed the date back to August 2025.
Liechtenstein’s VP Bank expands digital asset capabilities with Metaco
VP Bank has extended its digital asset services into financial assets using Metaco’s Harmonize platform.
