Trading and investment fintech Saxo appoints Simon Camilleri as COO
Camilleri brings “significant expertise and a wealth of front-office experience” to his new role.
Europe
Travel BNPL fintech Fly Now Pay Later hires Georgios Gionis as CPO
AT FNPL, Gionis will be tasked with expanding the product offering at the firm, building out its R&D arm.
Spanish banking sector to explore use of digital euro
Financial institutions will analyse the technical, operational and business implications of a digital euro.
ICYMI fintech funding round-up: Ping, Agent IQ, Atlar and more
A handy round-up of this week’s fintech funding news from around the world.
Vietnam’s Sacombank taps Temenos for digital banking platform
Temenos Infinity will allow Sacombank to acquire, retain and cross-sell to customers across multiple channels.
iBanFirst taps Fenergo for client lifecycle management solution
iBanFirst says Fenergo’s tech will allow it to offer “faster and more effective” digital customer onboarding.
UK embedded finance firm Railsr reportedly considering sale
According to Sky News, Railsr is discussing a number of strategic options with FT Partners.
Centre for Finance, Innovation and Technology launches to support UK fintech
The CFIT will be chaired by Charlotte Crosswell, a former CEO of both Innovate Finance and Nasdaq NLX.
ABN Amro taps BNP Paribas to optimise front and middle office connectivity
BNP Paribas’ solutions will be connected to ABN Amro via the BlackRock Aladdin platform.
SME financial services provider Finom buys cross-border paytech Kapaga
The merger will boost Finom’s UK and European expansion plans.
Mangopay names Ronen Benchetrit as new CTO
Mangopay’s CEO says Benchetrit’s appointment will be “game changing” for the company’s growth.
Worldline to buy Banco Desio’s merchant acquiring activities for €100m
With the partnership, Worldline aims to leverage Banco Desio’s network to expand its presence in Italy.
French paytech start-up Fintecture lands €26m Series A funding
The new funding brings Fintecture’s total capital raised to date to €32 million.
Nordea partners Boost.ai for “chat-first” virtual agent drive
Nordea says more than 50% of its customers get the help they need from an initial interaction with chatbots.
Spendesk hires Richard Rosenberg as chief technology officer
Rosenberg will be tasked with leading Spendesk’s engineering team as the firm continues its European expansion.
FCA kickstarts discussion on Big Tech’s impact on competition
The regulator says Big Tech firms have the potential to change market outcomes quickly.
Finland’s S-Bank taps Worldline for card fraud management solution
The Worldline Fraud Management Suite can detect fraudulent payments before they are even processed.
Revolut India appoints Arjun Mehta as new CFO
Mehta will lead channel development, expense management and revenue planning for the company.
UK lendtech start-up Plend lands £40m in seed funding
The seed round saw participation from the founders of Monzo, Starling Bank and Oodle Car Finance.
Solaris CEO to step down in 2023, Carsten Höltkemeyer set to take over
As CEO designate, Höltkemeyer will work alongside current CEO Roland Folz to “orchestrate a smooth transition”.
Paytech Form3 lands €23m venture debt facility from Atempo Growth
The funding will enable Form3 to explore potential M&A opportunities and launch in new markets.
Swift appoints Max Mamondez as chief financial officer
Mamondez, who joins from the London Stock Exchange Group, will serve on Swift’s executive committee.
Raisin migrates its UK platform to ClearBank
ClearBank will offer Raisin customers access to faster payments and other services via its embedded banking platform.
Hodge appoints Tim Thompson as new chief information officer
Thompson joins from Cumberland Building Society, where he served as head of technology.
Coremont names Balaji Krishnamurthy as new CTO
Krishnamurthy most recently served as a managing director at JP Morgan Chase.
Ashman selects nCino to power its real estate lending solution
The UK challenger will deploy nCino’s cloud-based Bank Operating System.
Starling Bank tops 2,000 employees, opens new London office
The challenger plans to expand its workforce by another 10% by the end of the year.
European Commission aims to speed up the rollout of instant payments across the EU
Proposal aims to “ensure that instant payments in euros are affordable, secure, and processed without hindrance”.
Credit Suisse to cut 9,000 jobs, raise $4bn in capital as part of new transformation plan
CEO Ulrich Körner says the restructuring is a “historic moment for Credit Suisse”.
CloudPay secures $50m to support development of payroll offering
The firm boasts “high double-digit growth” year-on-year and is projecting revenue growth of around 40% for 2022.
Financial super-app Curve partners Salt Edge for open banking compliance
The partnership will enable the app’s 4m users across Europe to continue to make the most of open banking.
Nottingham Building Society hires first chief technology and transformation officer
Paul Howley joins from Yorkshire Building Society, where he was interim chief operating officer.
Wise lands £300m debt facility to fuel growth plans
The syndicated debt facility was led by Silicon Valley Bank UK with six other banks also participating.
Target Group hires compliance veteran Kathy Griffin as chief risk officer
Griffin joins from UK challenger Monzo, where she held the position of director of compliance.
Danish investment bank Saxo taps Baffle for global data encryption solution
The bank will integrate Baffle’s Data Protection Services platform.
Global paytech GPS hires Kim Ohlrogge as chief product officer
Ohlrogge, who joins from Germany’s Nexi/Nets Group, has assumed the role with immediate effect.
Danske Bank UK appoints Martin Stewart as new board chair
Stewart will replace current chair Gerald Gregory, who will leave the bank after nine years on the board.
Dutch fintech start-up Floryn lands €65m from NatWest
Floryn claims it has provided more than €650 million in financing since inception.
Moneyhub lands £40m investment from Legal & General, Lloyds and Shawbrook
Legal & General and Lloyds will both take minority stakes in the business.
HSBC names Georges Elhedery as new group CFO
Elhedery will take on his new role from 1 January 2023, replacing Ewen Stevenson.
