Santander partners VC firm Forgepoint for new cybersecurity investment company
The bank is expecting to invest up to €300m in the strategic partnership.
The bank is expecting to invest up to €300m in the strategic partnership.
The facility will be used to build out a central finance hub for small business owners in the UK and US.
Crowdz will implement three GoCardless open banking-powered payment features across four markets.
The 12th NextGen Payments & RegTech Forum is taking place on 2-3 November in Cyprus.
CRO Erich Gerber, who only joined the company in March, has left the business “effective immediately”.
Gatehouse Bank agreed to settle early, which led to a 30% reduction to the original penalty of £2.2 million.
The firm took the DNB to court earlier this year over the use of AI/ML technology for AML checks.
McEwan most recently served as CTO at European freight-forwarding firm Sennder.
In her new role, Woods will be responsible for leading Cleo’s product strategy.
B4B Payments will showcase its instant card issuing and payments innovation platform at Money20/20 USA.
“This partnership is designed to help everyone get on top of their finances,” the two firms say.
Vert is a payment acceptance and banking services solution for SMEs.
BVNK is looking to expand across the European Union and beyond.
A handy round-up of the recent funding endeavours of fintech companies across Europe.
The AML-CTF platform powered by SAS and Neterium is “a game-changer”, says Orange Bank’s deputy CEO.
Flux says that from 14 October, they “will no longer be able to receive digital receipts or cashback offers”.
Existing investors Edison Partners and Revaia took part with Italian paytech Nexi joining in as a new investor.
The sale builds on a strategic partnership between Kantox and BNP Paribas inked in 2019.
Abacus360 Banking will become the bank’s single platform for the European and French reporting regimes.
LHV UK’s parent, Estonian banking group LHV, is also an investor in Bank North.
Viola had previously invested £75 million in the company to support its entry into the business loans segment.
Both firms say the transaction will enable them to continue providing “holistic” funding solutions to customers.
The new service allows users to view home value estimates, mortgage balance, EPC ratings and make home repairs.
Railsr has selected SurePay as its UK Faster Payments (UKFP) confirmation of payee (CoP) vendor.
Fluro is a new name and brand for embedded lender Lending Works.
The app will offer financial literacy programmes such as lectures, tutorials, podcasts and webinars.
Join the UK’s largest and most impactful UK fintech festival next month and hear from 400+ speakers.
Focusing on 14 providers will ensure “around 95% of transactions for the merchants our remedies will protect will be regulated”.
Maxence Cornet was previously CTO and co-founder of Vybe, a French challenger that closed earlier this year.
The fund is set to raise capital from investors and pump money into UK fintechs looking to scale.
Our weekly round-up for you to get the latest fintech funding news from around the UK and Europe.
Commissioned by Visa, the report takes a deep dive into funds disbursements in Europe to explore the current state of the market.
11Onze chair James Sène says SMEs are “the lifeblood of our communities and global economies”.
Parties from both the tokenised and traditional asset worlds collaborated on the project.
Banc Cambria is understood to be targeting a 2023 launch and hopes to reverse the tide of bank branch closures.
Zopa is reportedly in “detailed negotiations” with shareholders to raise around $100m.
Adyen says its open banking integration will launch first in the UK, with plans to expand to multiple markets in 2023.
The money will go to underserved communities in regions where Merck currently operates.
Trade Ledger CEO Martin McCann says the digital solution the firm has developed for NORD/LB is a “world first”.
CEO and co-founder Nigel Verdon says the funding is a “significant step on our route to profitability”.