LendTech
Crypto fintech Zumo appoints Jonathan Sepulchre to new head of growth role
Crypto wallet and payments provider Zumo has appointed a head of growth to drive the next stage of its development.
Scotland-based Zumo’s choice for the...
Santander moves core banking platform the cloud
Banco Santander is moving its core banking system to the cloud in a bid to improve service and efficiency.
Santander claims to be one of...
Wealthtech TIFIN raises $109m to pursue continued growth
Wealthtech firm TIFIN has closed a $109 million series D funding round and achieved a valuation of $842 million.
US- and India-based TIFIN plans to use...
Airwallex appoints new EMEA GM to continue regional growth
Airwallex has appointed Pranav Sood as its new general manager for Europe, the Middle East and Africa (EMEA) to oversee the cross-border payments fintech’s next phase...
Global identity verification provider ID-Pal launches in the UK
ID-Pal, an identity verification provider, is formally entering the UK market following six years of exponential growth.
The technology company, based in Dublin, Ireland, supports businesses...
Open banking fintech Yapily to acquire Germany’s finAPI
Open banking fintech Yapily has agreed a deal to acquire finAPI.
FinAPI is a leading provider of open banking solutions in Germany and the deal will make...
AgriDigital raises $17m+ for digital grain management and finance platform
AgriDigital, a provider of a digital grain management and finance platform, has closed an AU$25 million (US$17.42 million) capital round.
The Australia-based fintech is currently...
Bitstamp appoints new global CEO
Crypto exchange Bitstamp has appointed JB Graftieaux as its new global chief executive officer.
Graftieaux succeeds Julian Sawyer, who has decided to pursue other opportunities, and...
Rapyd launches means for businesses to expand and support local payments
Payments fintech Rapyd has launched a new product designed to help businesses expand into new markets while supporting local payments.
Virtual Accounts, available on Rapyd’s fintech-as-a-service...
New chair of the board appointed at Swedish payments fintech Payer
Dominik Belloin is the new chair of the board at Sweden-based payments fintech Payer.
Belloin, a board member since September 2021, succeeds Annika Javestad, who...
Taxfix raises $220m
Tax app provider Taxfix has raised $220 million in series D funding to drive growth and product portfolio expansion.
The fintech, based in Berlin, Germany,...
Regtech ALT/AVE forms advisory board and raises £500k+
UK regtech startup ALT/AVE has made three appointments to its advisory board and secured a funding boost of more than £500,000.
Keith MacDonald, former head...
SEPAexpress joins Banking Circle Group
SEPAexpress is joining the Banking Circle Group technology platform for global commerce.
Banking Circle Group has acquired Germany-based SEPAexpress, which provides whitelabelled account-to-account payments for...
Starling Bank raises £130.5m to build acquisition war chest
Starling Bank has completed an internal fundraise of £130.5 million at a pre-money valuation of more than £2.5 billion.
The UK digital bank said the...
Talus Pay hires former JPMorgan Chase exec Bryan Fricke
Talus Pay, a US-based provider of payment processing solutions for small and mid-sized merchants, has appointed Bryan Fricke as its chief revenue officer.
Fricke joins...
Recur Club raises $30m for alternative financing push
India-based fintech Recur Club has raised $30 million of seed funding to develop its alternative financing solution into “the most founder friendly platform to raise growth...
Avaloq goes live with first client in Taiwan
Avaloq has successfully implemented its core banking system at Cathay United Bank to support the bank’s continued growth.
The Avaloq Core Platform will cater to...
PensionBee and HyperJar win big at the UK FinTech Awards 2022
Last night’s UK FinTech Awards 2022 ceremony saw 14 outstanding fintechs and three professionals at the top of their games prevail across 20 categories.
PensionBee...
Fundsquire’s non-dilutive R&D and Grant funding
Entrepreneurs experience myriad challenges when it comes to raising capital to fuel their growth, especially at the early stages of their business, and that’s...
Zevoy raises €15m for roll-out of expense management solution in Europe
Finland-based expense management fintech Zevoy has raised €15 million in a series A round to fund launches in eight new markets during Q2 2022.
Zevoy, which...
Paysafe installs former FIS executive as CEO
UK fintech Paysafe has appointed Bruce Lowthers as its new chief executive officer and executive director.
Lowthers, who joins Paysafe after 15 years at FIS, will...
Capital on Tap lands $200m funding facility for US growth
Capital on Tap, a provider of business credit cards, has secured a $200 million funding facility to support its growth in the US.
The fintech launched...
Plaid appoints its first head of Europe
Open finance data network and payments platform Plaid has appointed Ripsy Bandourian as its first head of Europe.
The appointment of Bandourian, who spent eight...
Car finance fintech Carmoola raises £27m
Brand new UK car finance fintech Carmoola has raised £27 million of seed funding.
Carmoola will use the seed funding to develop its car finance product...
PayRetailers acquires LatAm payments companies
PayRetailers has acquired Chile’s Paygol and Colombia’s Pago Digital as part of its aim to create a seamless, barrier-free and open ecommerce payments platform...
Digital private bank Alpian lands licence and financing for launch
Switzerland-based private digital bank Alpian has secured a banking licence and closed a CHF19 million ($20.34 million) extension of its series B round.
The banking licence,...
US savings platform Plinqit appoints head of sales and partnerships
US savings platform provider Plinqit has named Peter Petras as vice president of sales and partnerships following a period of significant growth for the fintech.
Plinqit...
Finance management fintech Mosaic closes series B round
Finance management fintech Mosaic has closed a $25 million series B funding round.
The series B round takes the US fintech’s total raised to $46 million over the last...
Archie launches freelancer hub and raises $4.5m
Freelance-focused fintech Archie has launched its first product to help businesses onboard, manage and pay independent workers.
The new US fintech, based in New York City,...
Spend management fintech Yokoy raises $80m
Spend management fintech Yokoy has raised $80 million in a series B funding round.
Yokoy said the new funding “will further feed into the continued growth of...
Revolut appoints CEO to lead Brazil launch
UK digital bank Revolut has appointed Glauber Mota as its chief executive officer in Brazil ahead of its launch in Latin America’s largest market.
Mota,...
PensionBee and Starling Bank broaden integration
PensionBee pensions are now available to all Starling Bank business and personal customers though the fintechs’ marketplace integration.
Sole traders join the owners of limited...
Nium appoints general counsel
B2B payments provider Nium has appointed Dylan Lowrey as general counsel to lead the fintech’s efforts to reduce regulatory complexities in global money movement.
The...
Ramp plans rapid scaling after hitting $8.1b valuation
Ramp, a US finance automation platform and corporate card provider, has raised $750 million in new financing, bringing the fintech's valuation to $8.1 billion.
The...
Cowen launches digital asset division for institutional investors
US broker-dealer and investment management firm Cowen has launched a new division to give institutional clients secure and compliant access to the digital asset...
BNPL fintech ChargeAfter raises $44m
Buy now, pay later (BNPL) fintech ChargeAfter has completed a $44 million series B funding round.
The Phoenix led the series B round, with participation from Citi Ventures, Banco Bradesco,...
BOND.AI hires CTO and head of technology
BOND.AI, a US fintech that provides a suite of artificial intelligence tools to financial institutions, has made two new key hires.
Kent Llewelyn and Amit...
Canada’s central bank partners with MIT to explore digital currencies
The Bank of Canada and Massachusetts Institute of Technology (MIT) are exploring how advanced technologies could affect the potential design of a central bank...
Mass Fintech Hub appoints new advisory board
Mass Fintech Hub, a public-private partnership designed to support the fintech ecosystem in the US State of Massachusetts, has established its first advisory board.
The...
Nigerian mobility fintech Moove raises $105m
Nigeria-based mobility fintech Moove has raised $105 million in a second series A funding round.
The funding, from existing and new investors, will enable Moove...
Open banking fintech Yapily appoints Selene Brett as its chief legal officer
Open banking fintech Yapily has appointed Selene Brett as its chief legal officer.
Brett will play a key role in the UK-based open banking infrastructure...
Regtech firm Encompass raises $33m to pursue global growth
Encompass Corporation, a provider of automated know your customer (KYC) solutions, has raised approximately $33 million in capital to accelerate its growth globally.
The regtech...
Finxact chosen to underpin launch of new branchless US bank
Finxact will provide the banking operations platform for a new bank expected to launch in the second half of this year.
Battle Bank, from Colorado-based Battle...
Payments fintech Stax achieves unicorn status
US payments fintech Stax has raised $245 million of funding and achieved a valuation of $1 billion.
Participating investors include Greater Sum Ventures, HarbourVest Partners...
TotallyMoney hires head of data to support development of credit personalisation features
Credit app provider TotallyMoney has appointed Henry Pearce to the role of head of data.
The UK fintech company, whose app provides around four million...
LHV Group to expand into ecommerce with EveryPay acquisition
Financial services firm LHV Group is acquiring Estonia-based payments fintech EveryPay in a deal worth €8 million.
LHV Group, also based in Estonia, says the...
ADDX appoints new CEO and targets US$1b of deals on private market platform
Oi-Yee Choo, a seasoned capital markets expert, will lead private market platform ADDX through the next stage of its growth after being appointed as...
Fiserv board elects new chair
Payments and financial services technology provider Fiserv has named president and chief executive officer Frank Bisignano as its next chair of the board.
Fiserv’s board...
An Post partners with Tink to boost money management app
Irish postal services provider An Post has teamed up with European open banking platform Tink to deliver better money management services to its customers.
An...
Payments fintech Volopay eyes market and product launches after series A
Volopay, a Singapore-based corporate cards and bill management fintech, has raised US$29 million of funding in its Series A round through a mix of...