Moneycorp announces new head of payment solutions
Francesco Giovanni Ghizzardi previously held senior roles at Ebury and Cambridge Global Payments.
UK
Rapyd to acquire Valitor in $100m deal
The payments fintech is looking to expand its reach across Europe.
Ethos Invest launches ambitious Shariah-compliant private equity fund
The Financial Services & Technologies Fund has a target of £1 billion.
Codat raises $40m in Series B funding round
The UK-based firm plans to expand its US presence and boost hiring.
FinTech Futures Jobs: Three exciting companies to keep an eye on for job opportunities
Exciting vacancies at Grant Thornton, Deloitte and BNY Mellon. Apply today!
Tribe Payments partners ClearBank to provide banking access for fintechs
The partnership will allow clients to add banking services to their payment products.
Klarna signs merchant financing partnership with Liberis
Liberis will roll out its revenue-based solution in the coming months.
Ghana International Bank selects Backbase to drive digital transformation
The Dutch fintech will act as the core strategic partner for the bank’s digital operations.
UK fintech Chippingin provides crowdfunding for kids
New collaborative payments firm claims to be the first of its kind.
NatWest sells Ulster Bank commercial lending business to AIB in €4.2bn deal
NatWest continues with its withdrawal from the Irish market.
Tide expands to India with £100m investment and RBL Bank partnership
UK business bank aims to “unleash” the potential of Indian SMEs.
Retirement platform Smart raises $165m in Series D funding
Chrysalis Investments led the round with a £75 million equity investment.
ClearScore lands $200m investment from Invus
The UK fintech is looking to accelerate its global expansion.
FinTech Futures Jobs: Three fantastic permanent jobs open in London right now
Exciting vacancies at OakNorth, BNY Mellon and Checkout.com. Apply today!
FCA research reveals 21% increase in cryptoasset ownership
The watchdog estimates that around 2.3 million adults in the UK now hold cryptoassets.
Lloyds announces 44 fresh branch closures, brings total up to 100
UK bank extends closure programme in response to customers moving online.
Dear Luc: Can my start-up succeed while working from home?
This week our writer wonders if they really need a London address, or can working from home be just as good?
Dutch fintech Mollie raises $800m in Series C round
The investment takes the company’s total valuation to $6.5 billion.
Novus partners Visa and Railsbank to launch sustainable banking app
The app will reward “conscious consumers” for sustainable purchasing choices.
Open banking – supporting businesses during a critical phase
84% of UK SMEs are frustrated with their current banking experience.
Standard Chartered appoints Roel Louwhoff as new technology exec
The former ING exec will begin his new role in November 2021.
Volt raises $23.5m to build global instant payments network
The round is the largest Series A on record for the open banking industry.
Fintech Week London welcomes international industry event to UK this summer
Fintech Week London is taking place at a number of select venues in London and online on 12-16 July 2021.
Republic Bank picks Fiserv tech to expand digital offerings
Republic Bank hopes the partnership will “revolutionise” its processing and payment systems.
Monese partners Veriff to strengthen digital security
The neobank will use Veriff’s tech to onboard and authenticate the identity of customers.
Wise confirms direct listing on London Stock Exchange at estimated £9bn value
The listing is expected to be one of the largest in 2021.
Customers don’t do what they should
There’s a disparity between how banks think and what customers do.
JP Morgan acquires digital wealth manager Nutmeg
Nutmeg will complement the launch of JP Morgan’s digital bank Chase.
Checkout.com acquires Estonian software development firm Icefire
The acquisition is the firm’s largest to date.
BlackRock to buy slice of 10x Future Technologies in £132m funding round
10x has been planning a new fundraise since late last year.
Lloyds hires former DBS Bank exec David Gledhill as new COO
Gledhill, who takes over in August, also spent 20 years with JP Morgan.
Alchemy Partners invests £100m in DNA Payments
DNA will use its new cash to expand in the UK and Europe.
Crown Agents Bank sets out fintech focus with new executive hires
UK-based bank picks up a head of fintech and a new CCO.
Real-time payments have real-time benefits especially for small businesses
In addition to money, faster payments are also about instant connectivity, precision, transparency and certainty.
Mastercard and Visa pick new partnerships to drive biometric payments
Mastercard partners with FinGo following Visa’s deal with ADIB.
Bloom Money aims to build migrant-led community finance
Bloom Money describes itself as the app built “by migrants, for migrants”.
European neobroker Scalable Capital raises $180m in Tencent-led funding round
This latest funding round brings the firm’s total capital raised to over $320 million.
Moving finance systems to cloud infrastructure
How to best optimise “cloud first” and “ground to cloud” policies for ERP applications.
Fintech start-up Nude launches new finance app to help first-time buyers
The app features a number of tools to help aspiring homeowners save up for a deposit.
Singapore fintech Nium acquires B2B travel payments firm Ixaris
The transaction is expected to close early in the third quarter of 2021.
