Bambu taps WealthKernel to launch “world’s first” SaaS robo-advisor
Bambu says its solution has been designed for financial institutions that cater to mass retail investors.
Bambu says its solution has been designed for financial institutions that cater to mass retail investors.
The bank aims to increase efficiency in its underwriting and loan origination processes.
The deals mark Fintel’s third and fourth acquisitions of the year, following deals for Micap and Competent Adviser.
Payments innovation and the regulation of AI were hot topics of discussion at this year’s Fintech Talents Festival.
The fintech’s Series B also saw participation from existing investors BNY Mellon, UBS and Nasdaq Ventures.
Effective January, Williams-Gardener succeeds former Confused CEO Louise O’Shea as chair of the organisation.
The first two quarters of this year saw global enforcement fines amount to $1.5bn and $2.27bn, respectively.
Hosted at The Brewery, London, the festival has this year attracted over 2,000 delegates and 400 speakers.
The bank claims the new services mark a “significant breakthrough in the realm of open banking within Iceland”.
The company says it is “working to resume onboarding businesses in Europe as a priority”.
The regulator recently reviewed how firms tackle fraud and handle complaints from customers.
O’Connor joined the bank five months ago following GoSimpleTax’s acquisition of Coconut.
Dubai Investments has acquired an additional 7.68% equity stake in the bank.
In an announcement on its website, Cardeo says it failed to secure funding “required to continue as a business”.
Travelex CCO Cameron Hume is also transitioning into the role of global wholesale director.
Woodhead joins from 10x Banking, where he worked for over five years following a decade-long stint at Barclays.
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OakNorth’s new product is currently in a phased beta, with businesses being invited to sign up to a waitlist.
Volt says Henderson joins at a “critical inflection point” for the company.
Hugh founded digital insurance platform Brolly in 2016, which was acquired by Direct Line Group in 2020.
Currently operating as an invite-only service, Prosper is slated for public launch in Q1 2024.
Klarna describes the UK holding company as “an important early step on a journey towards an eventual IPO”.
Cora+ leverages generative AI to draw on multiple different information sources to answer customer queries.
The company describes Sophia Fulugunya as “a front-line expert in transaction reporting”.
Oxbury Bank provides flexible lending and asset finance solutions specifically for the needs of farming businesses.
The bank’s new portal will service its corporate clients with digital workflows and host-to-host integration solutions.
The bank’s “long-term” shareholders, BBVA, Toscafund and Infinity Investment Partners, participated in the raise.
Mollie CEO Koen Köppen says securing the new licence is “a huge milestone”.
Carlesi will lead Revolut NewCo UK, the entity that has applied for the fintech’s UK banking licence.
The taskforce would seek to explore the “multibillion-pound opportunities” of a quantum-enabled economy.
The authorisation will enable Mangopay to offer its full suite of services to new and existing UK customers.
Legislation covering “activities relating to fiat-backed stablecoins” will arrive early next year.
Project Guardian aims to share knowledge about the benefits and risks of asset and fund tokenisation.
The job cuts are expected to impact around 50 roles predominantly in its sales and marketing departments.
Kevin Hanley and Mark Jenkinson are also joining Ziglu as co-CEOs.
The capital came from existing investors including D Squared Capital and Moneta Venture Capital.
The group aims to make use of Oracle’s enterprise performance management and planning functions.
BNP Paribas will deploy Lenvi’s Riskfactor product portfolio in eight countries across Europe.
According to Sky News, Monzo is in discussions with a number of blue-chip investment funds over a share sale.
Hala says Arshad’s experience will be “pivotal” to its expansion efforts in the UK and Europe.