LendTech
Duplo co-founder Yele Oyekola on digitising payments in Africa
Yele Oyekola first saw problems that retail distributors face in Nigeria when he was seven years old. His grandmother is a big distributor there...
Stubben Edge secures another £5.6m in funding
Stubben Edge Group has secured a further £5.6m investment in an oversubscribed round, giving it a pre-money valuation of £175m.
The group plans to use...
Ripple promotes Monica Long to president
Ripple, a cryptocurrency solution provider, has promoted Monica Long from general manager to president.
Long joined Ripple in 2013 when the company only had 10...
Marqeta buys Power Finance in its first company acquisition
Marqeta, a card issuer and payments platform, has agreed to buy credit card issuer Power Finance in its first acquisition since being founded in...
BIT and Circle collaborate for greater crypto adoption
Users of BIT, a cryptocurrency exchange, can now can on-ramp fiat funds into USDC.
BIT has partnered with USDC’s creator, Circle, to enable its users...
Insurtech Waggel partners with Vet-AI to extend benefits of digital veterinary care
Waggel, an insurtech focused on pet insurance, has partnered with veterinary tech firm Vet-AI.
The collaboration will give Waggel policyholders access to Vet-AI's app Joii...
Dubai Investments acquires stake in digital bank Monument
Dubai Investments has acquired a 9% equity stake in Monument Bank, a UK-based digital bank.
Monument Bank focuses on high-net-worth individuals. It aims to provide...
German digital bank N26 appoints Arnd Schwierholz as CFO
N26, a Germany-based digital bank, has appointed Arnd Schwierholz as its new chief financial officer.
He will lead the financial department when he starts his...
Paytech Mollie promotes Koen Köppen to CEO
Mollie, a payments platform founded in Amsterdam, Netherlands in 2004, is set to appoint Koen Köppen as its new chief executive officer.
The appointment is...
Method raises $16m to help consumers manage liabilities
Method, an embedded banking provider that automates consumer debt payments and balance transfers, has announced a $16m series A funding round.
The investment will be...
Inscribe lands $25m to fight financial fraud
Inscribe, an AI-powered fraud detection provider, has raised $25m in a series B investment round.
The capital will be used to introduce a new fraud...
Copper appoints former chancellor Philip Hammond as chair
Digital asset technology firm Copper has appointed former UK chancellor Lord Philip Hammond as chair.
Hammond has worked at the firm as a senior adviser...
Fidelity Investments buys Shoobx
Fidelity Investments has acquired equity management platform Shoobx for an undisclosed amount.
Founded in 2013, Shoobx is a provider of automated equity management operations and...
Multi-bank joint venture bolsters blockchain platform SWIAT
Three banks and a technology company have come together to bolster SWIAT, a blockchain platform that enables real-time settlement and trading of traditional and...
Brite founder Lena Hackelöer on payments tech and the changing world of fintech
Lena Hackelöer was first introduced to fintech in 2010 when she joined buy now pay later company Klarna.
She saw a gap in this expanding...
Lloyds Banking Group invests in Caura motor app
Lloyds Banking Group has invested £4m in UK-based Caura, the provider of a motor app that handles car admin.
The app serves as a platform...
Regtech Salv raises €4m to fight financial crime
Estonia-based regtech Salv has raised €4m in a seed round extension led by ffVC.
Salv will use the funds to further develop its technology and...
Orrick and Buckley merge to create fintech law firm
Two international law firms have merged to create a practice dedicated to serving fintech and financial services.
Orrick, founded in San Francisco, USA, is merging...
Core10 secures $6.5m in series B round
Core10, a provider of banking technology integration services and banking and lending products, has secured $6.5m in a series B funding round.
The US-based company...
Arcus Partners promotes Saurabh Bhole to CTO
Arcus Partners, a financial technology service provider, has named Saurabh Bhole as partner and chief technology officer.
Bhole began working at Arcus Partners in 2016...
Themis raises £3.1m in pre-series A round
Themis, the provider of a technology platform for managing financial crime risk, has secured £3.1m in a pre-series A funding round.
The capital will support...
PrimaryBid appoints chief operating officer
PrimaryBid, the UK-based fintech connecting retail investors with public companies raising capital, has appointed Fiona Richards as its chief operating officer.
Richards will join the...
Westpac partners with AI company to improve its business lending
Australia-based bank Westpac has partnered with artificial intelligence (AI) company Rich Data Co (RDC) to improve its lending experience for business customers and bankers.
The...
TechPassport launches standardised questions for fintech onboarding
TechPassport has teamed up with 15 banks to develop a series of eligibility questions to better prepare fintechs for partnerships and speed up the onboarding...
HugoBank is granted digital banking licence in Pakistan
HugoBank is preparing to launch in Pakistan after receiving clearance to do so from the country’s central bank.
The digital bank, a joint venture that...
N26 expands its crypto trading product across Europe
N26, the Germany-based digital bank, is expanding its cryptocurrency trading product across Europe.
Launched in Austria last year, N26 Crypto will be made available to...
B2B payments platform Sprinque raises €6m to expand across Europe
Sprinque, a B2B payments platform, has raised €6m in a seed funding round led by Connect Ventures.
The Netherlands-based company will use the funding to...
TechPassport founder Layla White on banks and fintechs
Layla White worked within the procurement teams of banks for 10 years.
While there is no better place to witness the latest innovations in financial...
ClearBank appoints Mark Fairless as CFO
ClearBank, an embedded banking provider, has appointed Mark Fairless as its new chief financial officer.
Fairless will lead the finance team, be an executive director...
Oneiro Solutions adds two members to its board
Oneiro Solutions, the provider of a digital loan servicing platform, has appointed Chris Hardie and Paul Mitchell to its board.
Launched in 2021, the fintech...
Climate X appoints VP to help it scale
Climate X has appointed former chief of staff at Monzo Bank, Andrew Ellam, as its vice president of technology.
The UK-based company predicts extreme weather...
ONE partners with regtech provider Know Your Customer
ONE, a fintech focused on serving the payments, FX and crypto needs of corporate clients, has teamed up with regtech provider Know Your Customer...
FNZ acquires Germany’s Fondsdepot Bank
Wealth management provider FNZ has acquired Germany-headquartered Fondsdepot Bank.
The acquisition is the latest in Germany by FNZ, having previously purchased investment platform ebase and...
Fast and frictionless: Is embedded finance here to stay?
If fintech could be compared to a rapidly developing civilisation, we might argue that it’s currently living through its Age of Embedded Finance.
Such is...
Salt Edge takes its open banking solutions to Jordan
Salt Edge is continuing its expansion in the Middle East with the release of its open banking solutions in Jordan.
The London, UK-headquartered company will...
BlackRock acquires minority stake in retirement provider Human Interest
BlackRock is taking a minority investment and leading a financing round in retirement plan fintech Human Interest.
The companies plan to make retirement plans available...
PayPal’s Xoom adds Visa debit card remittance feature
PayPal’s international money transfer service, Xoom, has added a remittance feature to its Debit Card Deposit product, allowing its US customers to send money...
Allied Payment Network appoints new COO
Allied Payment Network has appointed Kathi Klawitter as its chief operating officer.
Klawitter will oversee the US-headquartered payments technology provider’s operation to support its “rapidly...
Berlin-based Mondu secures $13m series A extension round
German B2B payments company Mondu has announced a $13m series A extension round led by Valor Ventures.
The investment will be used to further its...
PayQuicker appoints Nazuk Jain to lead product development
US-headquartered global payouts platform PayQuicker has announced the appointment of Nazuk Jain as head of product.
In this role, Jain will build out PayQuicker’s product...
Regtech Cube acquires The Hub to boost AI capabilities
London-headquartered regtech Cube has acquired The Hub to boost its artificial intelligence regulatory (ARI) technology.
Cube’s ARI RegPlatform automates regulatory intelligence for organisations, which,...
UK insurtech Superscript secures £45m in series B funding
UK-based insurtech Superscript has secured £45m in a series B funding round.
The funding will be used to develop its underwriting and broking capabilities,...
Vodeno’s Wojciech Sobieraj on cloud tech, NatWest and embedded banking
Wojciech Sobieraj, chief executive officer at Vodeno, has spent more than 30 years in the banking sector. He launched a successful Polish bank, Alior,...
Twenty7tec announces its second acquisition of the year
UK fintech Twenty7tec has acquired the remaining shares of engagement solutions provider Meet Parker for an undisclosed sum.
Meet Parker has a range of...
TMX invests in data analytics company VettaFi
Exchange operator TMX Group has announced a strategic investment in US-headquartered data analytics company VettaFi.
The Canada-based group, owner of the Toronto Stock Exchange, has...
Securrency names new CEO
Regtech company Securrency has appointed Nadine Chakar as its new chief executive officer.
Chakar will lead Securrency’s next stage of growth as it “accelerates commercialisation...
Duck Creek Technologies to acquire Imburse Payments
US-based Duck Creek Technologies has agreed to acquire Imburse Payments, a cloud-based payments platform.
Switzerland-headquartered Imburse’s software-as-a-service payments solution is designed for the insurance industry.
Imburse claims the...
Welcome.Place launches refugee ‘first aid’ card in France
Welcome.Place has launched a pilot project to distribute prepaid Visa cards to Ukranian refugees arriving in France.
Refugees and immigrants will receive a welcome package...
The Clearing House names new CEO
The Clearing House (TCH) has named David Watson as its new chief executive officer.
He will replace current president and chief executive officer Jim Aramanda,...
ADIB launches wearable payments tech
Abu Dhabi Islamic Bank (ADIB) has launched ADIB PAY, a tokenised, contactless payment method designed to transform any watch, ring or bracelet.
ADIB has partnered...