Wealthtech FNZ acquires client onboarding tech vendor Appway
Hanspeter Wolf, CEO and founder of Appway, will become FNZ’s CTO.
Hanspeter Wolf, CEO and founder of Appway, will become FNZ’s CTO.
Both companies will be integrated into Moody’s KYC business within Moody’s Analytics.
The $100 million deal brings together the US and UK-based partners.
Abrdn had previously confirmed it was in talks to acquire the company in November.
The recruitment drive would take its total headcount to 4,000.
The company received its first bank licence as the sixth principal clearing bank of the UK.
The London-based company plans European expansion and product development.
Twig customers can turn their unwanted possessions into cash.
Vreugdenhil is leaving after almost two decades with ING.
Iceland’s largest bank will utilise Salt Edge’s international experience and compliance solution.
Over 90% of customer transactions are now carried out digitally, the bank says.
International expansion is planned for the niche London-based fintech.
“The payment card market is undergoing a huge transformation,” says BNP’s head of cards.
Russian bank buys controlling stake in self-employed contractor payment automation software specialist.
The provider is working with longstanding customer PSA Payment Services Austria.
Nobly POS software will be integrated with Revolut payment offerings internationally.
The cash will go towards enhancing Allica’s proprietary technology and client support.
The cloud-based implementation will replace multiple on-premise systems.
Funding round takes payments and expenses solution provider to $570m valuation.
London company completes busy first 12 months as it builds a capital markets solutions business.
The Dublin-based company will use the funding to extend country coverage and headcount.
The study looks at 112 banks, with €24 trillion of combined assets.
Deal will bring the challenger bank around 2,000 SME customers.
Partnership will provide investment opportunities to Lydia’s 5 million customers via its app.
The SME focused start-up aims to raise £1 million ahead of its Series B funding round.
Vigneron is rejoining the bank, moving from Natixis, and will take up the role from next June.
The new capital injection adds to the firm’s $200m Series E funding.
The global platform for creatives plans a phased roll-out of financial services from this month.
Harjas Singh will be based in the company’s London office.
Deal stems from partnership between BankBI and Canadian credit union solutions firm Celero.
The move is blamed on high transactions fees.
N26 will no longer serve US customers after 11 January 2022.
Lloyds Bank, Halifax and Bank of Scotland have seemingly experienced service disruption.
HCL will set up a co-innovation lab in Brussels to explore emerging technologies.
The supplier’s AgileReporter platform forms part of the UK regional bank’s tech stack.
The move will grant Zip access to the EU market from its UK springboard.
The UK alternative lender is expanding its services using the new platform.
“The two platforms are a natural fit,” says Snap co-founder Chris Myers.
Witlox will analyse pros and cons of a digital euro to reside with cash.
Combining financial and health wellbeing, the firm has a market valuation of £21.8m.