Funding Circle appoints Coconut co-founder Adam Goodall as VP of product
Goodall joins Funding Circle from Coconut, a UK-based bookkeeping start-up he co-founded in 2016.
Goodall joins Funding Circle from Coconut, a UK-based bookkeeping start-up he co-founded in 2016.
Sky News reports that if the deal goes through, the combined entities will manage nearly £90bn in assets.
Liberis plans to go live in Canada, Germany and Poland in 2024.
Demystifying what is holding BaaS back from broader adoption and what it takes to create a successful BaaS venture.
The partnership will enable Allica’s business customers to make “transparent and low-cost” international payments.
Templestein shared a letter he sent to his co-workers announcing his departure last week.
Zaripov initially departed the platform in October 2018, after a 15-month tenure as managing director.
Crypto.com says it now plans to roll out a suite of e-money products customised for the UK market.
Plum intends to grow its presence in Greece as well as the surrounding region.
Through an “easy-to-understand” app, Kaldi hopes to encourage people to start saving and investing earlier.
SoFi’s cryptocurrency services will formally end on 19 December.
The round includes strategic investments as well as participation from existing investors.
The bank is due to cut around 800 jobs as it looks to save up to £50 million per year in costs.
Aldermore joins 18 regulated UK banks and 22 non-bank lenders and EMIs which run on Mambu.
The new facility brings its total lending capacity to date to £900 million.
HSBC executives Vinay Mendonca and Shehan Silva have been appointed as CEO and COO of the new JV, respectively.
The £925 million rescue deal also grants Spaldy Investments a 52.88% ownership stake.
Worldline had previously been operating under the FCA’s Temporary Permission Regime, which will end on 30 December.
Reuters reports that the bank’s managers are looking to increase profitability and are reviewing proposals.
The study surveyed 23 members of UK Finance, including banks and non-banking financial services firms.
The third such partnership between the two firms takes Atom’s total lending with Funding Circle up to £800m.
Commissioned by the UK chancellor and launched in July this year, the report has been authored by Joe Garner.
A newly formed entity, Klarna Financial Services UK, will now provide all consumer-facing services in the country.
The pilot is part of the HKMA’s three-stage approach to CBDC development.
Total Processing provides payment solutions to merchants in Europe, North America and MENA.
Tonkin co-founded the firm with Oliver von Landsberg-Sadie, who he will succeed as CEO.
Triver says the new facility will enable it to offer more than £200 million in funding annually to small businesses.
Founder Nameer Khan describes his latest venture as “a catalyst for the evolution of ESG enforcement”.
The agreement will directly connect Klarna to STEP2 and the gross settlement payment system RT1.
Albera has been with Checkout.com for the last three years, serving as senior vice president of engineering.
The SME-focused challenger landed its UK banking licence with the FCA and PRA in March.
Monzo could close its latest round of funding before the end of the year as it eyes up a potential IPO.
The deal will be completed through Advent’s new payments company, AI Circle Bidco.
Founded in 2018, Zazuu operated a marketplace for cross-border payment networks in Africa.
Apple Pay’s UK customers can access their “most relevant” account information at the time of purchase.
Williamson is expected to be paid in the company’s shares, and will meet its executive committee once a month.
Created 20 years ago, Lynx leverages AI and machine learning to detect and prevent financial crime.
Engine enables clients to build their own banking propositions using the same core technology that Starling uses.
The launch follows a previous £140 million investment that Redpin received from Blackstone, Palamon and Corsair.
Its position on the watchlist was revealed last week via the release of a 217-page dossier outlining a rescue deal for the bank.