European open banking platform TrueLayer to shed 10% of workforce
Despite “significant growth” in payment volumes over the last 12 months, the firm is looking to cut 40 employees.
Despite “significant growth” in payment volumes over the last 12 months, the firm is looking to cut 40 employees.
Monese will use the new funds to grow its cloud-based Platform-as-a-Service (PaaS) business.
Kerri Miller brings over 20 years of corporate experience in the banking sector.
Five front-end companies were chosen by the ECB out of 54 applicants.
A handy round-up of the recent funding endeavours of fintech companies across UK and Europe
Candis is an accounts payable (AP) processes automation solution.
Interactive Transaction Solutions (ITS) is a business-to-business (B2B) payment gateway.
Revolut Pay is already being used by merchants including Shopify and WH Smith.
Hassan Suffyan joins from Ernst & Young UK.
The money raised by Cledara will go towards the US expansion.
Reevo Money says its ultimate goal is to help people build their credit rating.
The firm has also announced a new chief revenue officer, chief people officer and chief of staff.
Etcho wants to increase people’s knowledge and awareness of the global impact of their investments.
The acquisition will equip FNZ with additional wealth management product and service solutions.
Abbove hopes to expand into six countries including the UK if the Belgium pilot proves a success.
A handy round-up of the recent funding endeavours of fintech companies across Europe.
Barker brings more than 25 years’ worth of experience in the technology space to the role.
StreamBank intends to be a partner for property professionals looking for bridging or development finance.
Thomas Restout says he aims to help the firm “accelerate expansion”.
Alpian has plans for a full public rollout by the end of this year.
SteelEye claims the $21m Series B marks the largest raise by a European regtech firm in 2022.
This year’s event will take place in Amsterdam on 30 September.
The move forms part of Contour’s plans to launch a digital open account trade finance offering.
Both deals are expected to close in H1 2023.
Jarratt has 30 years’ worth of experience across financial services, telco and utilities.
Clappison joins from Virgin Money, having also previously worked at TSYS and Newcastle Building Society.
Napier offers an AI-led platform for AML and trade compliance.
The increase in shared banking hubs comes as retail banks continue to pull out of the country’s high streets.
Rohde joins from Swisscard, a joint venture between American Express and Credit Suisse.
In her new role, Christie will lead digital transformation, information and technology services for the bank.
Solvo will offer investments, savings, crypto buying and selling as well as a card for payments.
The self-sovereign identity network will ensure interoperability between digital wallets from different vendors.
The app will be tested by Dutch department store HEMA from mid-September in three of its stores.
Kuda says cuts were made across growth, marketing and product departments in the company.
Together, the firms also have plans to expand into new markets such as India and Singapore.
Momentum went live with Duco’s platform as part of a wider data automation strategy.
Moneyflow says the facility will help accelerate the rollout of its embedded finance services.
ING says it evaluated all options and concluded it is “not feasible to achieve its ambitions with Yolt”.
A fintech funding round-up featuring three start-ups from Europe.
Kelly joined Bank of Ireland in 2007 and was appointed chief executive of its Retail Ireland division four years ago.