Funding Circle forms lending partnership with Bayview Asset Management
The partnership aims to support “thousands” of UK small and medium-sized enterprises (SMEs).
The partnership aims to support “thousands” of UK small and medium-sized enterprises (SMEs).
DBT’s credit analysis tech platform analyses real-time data to provide a more accurate risk assessment for SMEs.
Buitenhek first joined the bank in 1988 and has been head of transactions services since 2014.
The bank failed to raise the funds needed for a full banking licence.
The acquisition deal was originally announced back in August 2021.
OPP founder and CEO between them own the remaining 60% of the company.
Societe Generale aims to broaden payment offerings for European merchants through the acquisition.
The funding also includes a £1.1 million grant from a Spanish public organisation for technology development.
Pay.UK will wind down Paym after declining payment volumes and fewer signups over the past three years.
Mollart is currently deputy CEO at the bank, having joined through the acquisition of Oplo.
Revolut, an authorised EMI since 2018, was added to the Financial Services Register on 26 September.
It aims to use the new funds to boost growth and support international expansion.
The funding will support the firm’s expansion across southern Europe.
Barclays initially invested £34m in Liberis in December last year.
Start-up sync. was planning “massive growth” in 2021, powered by Railsr’s BaaS platform.
Headquartered in London, Zepz powers remittances for WorldRemit and SendWave.
Paytend says the partnership with Tribe will enable more efficient payment services.
The French start-up claims to have more than 10,000 clients.
CEO Arjan Verbeek says the investment is “an endorsement of our mission to offer consumer-friendly mortgages”.
Bittner, who is currently CTO at Commerzbank, is set to fill the vacancy left by Christian Bornfeld.
The OFA wants to usher in an era of open finance in much the same way the EU’s 2016 PSD2 did for open banking.
The app offers overseas bill payment functionality and an integrated current account.
Fiinu has hired a new CFO, CPO and head of technology.
The BNPL giant is planning more cuts after laying off approximately 700 staff back in May.
Bond is gearing up to launch sometime in Q1 2023.
Wilkinson joins from Thomson Reuters, where she currently serves as CIO and head of TR Labs.
Citi’s retail banking footprint in the UK is small, with one branch at its EMEA headquarters in Canary Wharf.
The round was led by US venture capital firm Andreessen Horowitz.
Bevan Money aims to launch sometime in late 2023 or early 2024.
The initiative will focus on four areas – savings, credit building, debt consolidation and utility marketplaces.
Completed in under 12 months, the implementation follows the migration of HCOB’s international SWIFT payments.
Ledgy will use the funding to expand its workforce, boost product development and cement its presence in Europe.
Copper will utilise Fenergo’s tech to onboard “increasingly complex” client ownership structures.
Capita says the deal will help lower the firm’s debt and provide additional liquidity.
In an e-mail to affected customers, Revolut says some individuals may be vulnerable to fraud and phishing attacks.
The app is being supported by Mastercard and Checkout.com.
John Barker has been named as the firm’s new CEO, with Peter O’Connor taking on the role of COO.
Open Banking Expo is the largest global community of open banking, open finance and open payments execs.
The acquisition, for an undisclosed sum, is expected to close by the end of Q3.
Despite “significant growth” in payment volumes over the last 12 months, the firm is looking to cut 40 employees.