Polish fintech Conotoxia eyes EU banking licence, plans to transform into joint-stock company
Conotoxia says it will aim to complete the transformation “as soon as possible”.
Poland
The latest fintech news, resources and expert analysis in Poland by the leading intelligence provider for the worldwide fintech community.
Citi and Mastercard collaborate to enable cross-border payments via debit cards
The partnership will enable cross-border payments to Mastercard debit cards in 14 receiving markets.
Polish mobile payment system BLIK receives authorisation in Romania
BLIK will now facilitate transactions in the national currency and be available to all authorised Romanian PSPs.
UniCredit set to acquire Aion Bank and BaaS provider Vodeno for €370 million
The deal includes the entire share capital of both companies and is expected to close in Q4 2024.
ICYMI fintech funding round-up: Layer3, Sidekick, Elevate, Sahl, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Interview: Agata Strzelecka, VeloBank – a modern bank with fintech DNA
Agata Strzelecka shares first-hand experience and lessons learnt from transforming a bank and attracting investors.
Award wins signal success for Polish newcomer VeloBank
Poland-based challenger VeloBank won both the Team of the Year and Newcomer Banking Brand at Banking Tech Awards 2023.
Liberis bags $112m in debt financing to fuel expansion in North America and Europe
Liberis plans to go live in Canada, Germany and Poland in 2024.
UK lendtech Uncapped lands £200m debt facility as it eyes international expansion
With the new facility, Uncapped aims to expand its reach and provide more digital businesses with access to financing.
Krakowski Bank Spółdzielczy taps Diebold Nixdorf to modernise ATM network
KBS aims to upgrade its entire ATM network by the end of 2023.
Market Pay acquires Polish paytech Novelpay in European expansion push
This is Market Pay’s third acquisition in less than two years.
Visa to hire 1,500 staff for new global tech and product hub in Poland
The hires will come from Poland, Ukraine and other parts of Central and Eastern Europe.
Is Southeast Europe fertile ground for digital banking challengers?
While the popularity of neobanks has surged in Western Europe, the Southeast remains relatively free of competition.
Liberis lands €30m in debt financing from Silicon Valley Bank UK
The funding will support Liberis’ targeted expansion across the Nordics and Europe.
Case study: Credit Agricole Bank Polska and Efigence – mobile banking app
When an out-of-the-box design drives supreme customer experience and sales boost: case study on Credit Agricole Bank Polska’s mobile app.
Raiffeisen Centrobank partners Marqeta for digital banking products
Customers will be able to access accounts via a mobile app, make contactless payments and track spending.
Poland’s BLIK mobile payment system goes international with Viamo acquisition
Viamo provides peer-to-peer (P2P) and business payment services in Slovakia.
Nets grows POS presence in Poland with Simapka acquisition
Owned by Team4U, Simapka is an app for owners of shops and service points in Poland.
Credit Agricole Bank Polska launches new app with Efigence
The app will be developed further with new services being added on to it in due course.
Payroll fintech Symmetrical.ai raises $18.5m in Series A funding
The round saw participation from Target Global, Global Founders Capital, Finch Capital and Partech, among others.
Polish subsidiary of ING opts for Thought Machine’s core banking tech
ING Bank Śląski is now live on Vault for a new consumer lending product.
Crypto infrastructure start-up Ramp raises $52.7m in Series A round
Ramp will use the cash to drive expansion and further product development.
Raiffeisen Digital Bank picks Mambu to launch mobile lending service
Users can request loans of up to €22,000 in a “fully digital” system.
Former EU commissioner joins fintech start-up W1tty ahead of planned launch
W1tty’s finance app is set to launch in Poland and Lithuania this autumn.
Triggers and obstacles to the development of the fintech sector in Poland
A deep dive on the benefits and challenges of the banking and payments landscape in Poland.
Nest Bank picks Fiserv for card issuance revamp
Fiserv’s First Data brand is handling the implementation.
Lithuanian paytech kevin. raises €1.5m in seed funding
Lithuanian firm plans availability across Europe by Q4 2021.
Polish consumer protection regulator investigates CD Projekt over Cyberpunk 2077
The UOKiK can fine the studio up to 10% of its annual revenue if it finds fault with its refund policy.
HSBC signs multi-year AML partnership with Polish fintech Silent Eight
The bank’s global compliance division will deploy the Silent Eight’s resolution alert system.
Cyberpunk 2077 makers face potential securities class action lawsuit
Cyberpunk 2077 – from lawsuits and refunds to big wins from hedge funds.
G2A co-founder launches banking challenger Zen in 32 countries
Zen’s offering is split into consumer-facing and business-facing.
Nets completes acquisition of major Polish card payment processor
“Poland is one of the most attractive regions in Europe” for digital payments.
Silent Eight lands $9m to help firms tackle money laundering
The start-up says it has doubled its valuation in just over a year.
Nigerian fintech Lidya lends $3m to SMEs in Eastern Europe
The fintech start-up expanded into the region during the beginning of the COVID-19 lockdown.
Mastercard invests in long-term fintech partner Verestro
The fintech has worked with Mastercard since 2011.
Poland’s mBank picks Wolters Kluwer for risk management
OneSumX to be deployed across mBank’s Polish, Czech, and Slovakian ops.
Revolut accused of coercing 50 workers to quit their jobs
Lawyers have said that the firm’s actions can be read as unlawful.
Poland’s KIR issues e-signatures with Cryptomathic
The release will push along deals otherwise on hold due to social distancing measures.
Nets buys Polish payment provider PeP for $455m
PeP moves to Nets with expected net revenues of roughly $62 milllion for 2020.
Santander’s PagoFX to launch in Spring and rival TransferWise
The venture now has a 50-person London-based team.
