Santander buys Spanish fintech Mercury TFS
Santander hopes the deal will enhance its global trade platform operations.
Spain
Santander’s PagoFX to launch in Spring and rival TransferWise
The venture now has a 50-person London-based team.
BBVA joins $1.3m round for UK gig economy start-up Wollit
It’s one of the first to evolve out of BBVA’s ‘Venture Creation Partnership’ with Anthemis.
How SalaryFits is connecting banks with the unbanked
FinTech Futures speaks to its CEO Délber Lage about its platform and future plans.
Banco Sabadell kicks off $1bn hybrid cloud transformation with IBM
Spanish giant signs cloud services extension with Big Blue.
Metro Bank raids FCA for new risk director
Jose Morago says he’s “excited” to get back to the finance industry.
White paper: Next-generation acquiring in Mediterranean countries
What merchant acquirers should do to outperform increasing competition from new entrants.
BBVA trials Amazon platform for banking products
The Spanish bank is exploring options via a partnership with a Michelin star restaurant.
Deutsche Bank launches motion code Calma Card with Mastercard in Spain
The major companies say it’s the first Spanish card to use motion code technology.
Banco Santander commits to carbon neutrality and renewable energy “where possible”
The bank says it has already cut its emissions by 27% since 2011.
Mastercard and Doconomy bring carbon tracking to Bank of the West and Nordea
The news was unveiled at Madrid’s UN Climate Change Conference COP25.
Spanish cybersecurity start-up Buguroo raises $11m
The start-up builds unique “cyber profiles” for each finserv customer.
How paytech helps the gaming world tap the under-banked populations
Paysafecard and G2 Esports reveal how paytech taps underbanked gamers.
Caixabank inks deal with Salesforce to bring CRM to digital banking
The companies signed the agreement at Salesforce’s Dreamforce event.
Euronext and SIX head-to-head in race to acquire Madrid exchange
A bidding war could develop between the two firms.
CaixaBank opens “urban oasis” for Barcelona customers
The space will have Michelin star chefs and virtual rural landscapes.
Backbase Connect 2019: Backbase challenges Banco Santander’s €20bn digital spend
The digital banking firm says it will build a digital bank in one hour.
Santander splashes £350m for majority stake in Ebury
The bank’s 50.1% majority stake will put £70 million towards Ebury’s expansion.
Spanish fintech PecunPay chooses IBM to implement Red Hat platform
The start-up is trying to keep up with ever-changing mobile apps.
US challenger bank Denizen shuts down
The expatriate bank failed to reach required scale.
Lemon Way nabs €25 million investment from Toscafund
Parisian payments firm plans geographic expansion with new funds.
ID Finance crowdfunds £1.5m in minutes, eyes up Hispanic and Latino loan market
ID Finance is on track to double revenues to €90m this year.
How to thrive in an ever changing market, a conversation with the COO of Qualco
Spyros Retzekas, COO at Qualco says agility is the key.
Bnext becomes first fintech in Spain to raise a $25m Series A, plans LatAm expansion
The round was led by DN Capital, Redalpine and Speedinvest.
Gen Z fintech Mitto raises $2m in seed funding
Mitto offers parents insights into their children’s ‘purchasing’ profile.
Grupo Caja Rural implements Strands’ technology
Strands’ tools will incorporate an AI engine, the exclusive engager component.
CaixaBank to release biodegradable cards
The bank will roll out150,000 of the cards each year.
Banco Galicia chooses Strands for mobile banking
Strands technology will become “a tool for financial education”
Ebury joins forces with Unicaja Banco
Partnership offers global transaction services to the bank’s SME customers.
Challenger Neo gets authorised by Spanish central bank
The upcoming bank can now provide multicurrency accounts.
BBVA creates AI Factory to drive data innovation
The team will work on both customer and internal solutions.
Amadeus Future of Payments – payments integration in the travel industry
Round-up of the first Amadeus customer event in Madrid.
US modern card issuer Marqeta signs first Europe deals
Partnerships with companies in France, Scandinavia, Spain and Switzerland.
New funding values personal finance app Fintonic at €160m
Follows €19m investment round led by ING Ventures.
Teradata Universe Madrid 2019: Teradata agrees that less is more
“Don’t invest in analytics!”, and in my mind, the crowd cheered.
Bnext launches travel insurance
The Spanish challenger is already expanding its product portfolio.
2gether’s prepaid crypto Visa card launches across eurozone
Follows successful beta launch in Spain.
Six Spanish banks sign up for gpi cross-border payments
Adoption of gpi has seen a year-on-year increase of 270%.
Challenger banks country by country: who’s who (and what’s their tech)
Comprehensive and free guides for UK, Spain, Germany, France, US, Canada, South Africa, Australia, India and Hong Kong.
Curve announces plans for global expansion
LinkedIn’s former talent hunter will head international recruitment.
