Payments
Acin aims to take advantage of its momentum
Last year was an important one for UK-based risktech company Acin, a data and knowledge-sharing network focused on quantifying, standardising and digitising operational risk,...
UK FinTech Awards 2021 is open for entries
The UK FinTech Awards is returning to celebrate the innovation, ingenuity and successes of the fintech communities in England, Scotland, Wales and Northern Ireland.
Entries...
IHS Markit acquires regtech provider Cappitech
Financial data and intelligence company IHS Markit is expanding its suite of global, multi-asset class transaction regulatory reporting offerings to financial services providers with...
How to enter FinTech Intel’s awards
Fintech companies of all stripes, shapes and sizes can now seek the recognition they deserve with the launch of FinTech Intel’s inaugural Asia, European...
NBX eyes banking licence after funding boost
The Norwegian Block Exchange (NBX) is on course to obtain a banking licence and become a preferred digital assets services provider in the Nordics...
Oxygen raises $17 million for digital banking platform
San Francisco-headquartered digital banking platform Oxygen plans to use the $17 million raised from its series A funding round to scale its team, accelerate...
InvestSuite lands €3m in new funding
Wealth technology company InvestSuite intends to build on the digital transformation momentum brought about by the pandemic with €3 million in new funding.
InvestSuite, a...
Billhop partners with OmaSp to boost Finnish business cash flow
A new partnership between Billhop and Oma Säästöpankki Oyj (OmaSp) will help Finnish businesses improve their cash flow and close their liquidity gap.
Billhop, a...
BNPL fintech Zilch raises $30 million
UK fintech company Zilch, a buy now, pay later (BNPL) specialist, is celebrating a four-fold customer registration increase and the closing of its oversubscribed...
Conio partners with Banca Generali to take cryptocurrency mainstream in Italy
Italian private bank Banca Generali is entering the cryptocurrency market through a new partnership with local fintech company Conio, a wallet provider offering bitcoin...
Tink secures €85 million in funding
Open banking company Tink is planning to expand development of its payment initiation services across Europe and deliver new data products after completing an...
Entries now being accepted for Asia, European and US FinTech Awards
Fintech companies of all stripes, shapes and sizes can now seek the recognition they deserve with the launch of FinTech Intel's inaugural Asia, European...
J.P. Morgan Asset Management acquires tax fintech 55ip
Fintech company 55ip, a specialist in helping financial advisers to deliver tax-smart investment strategies at scale, is joining J.P. Morgan Asset Management.
J.P. Morgan Asset...
iZettle joins Starling Bank’s Business Marketplace
PayPal’s iZettle is the latest addition to Starling Bank's Business Marketplace.
Swedish mobile payments company iZettle, which joined PayPal for $2.2 billion in 2018, will...
Rocker to launch fingerprint payment cards in 2021
Swedish fintech company Rocker and identity and security specialist IDEMIA are developing a biometric payment card that will launch as a proof of concept...
Swedbank chooses Meniga to revamp digital banking for customers
Swedbank is using the services of fintech company Meniga to provide a new digital banking solution to customers in Sweden, Estonia, Lithuania and Latvia.
The...
UK fintech Updraft raises £16 million
Updraft, the personal finance fintech aiming to lift users out of debt, has launched after raising £16 million in funding.
Updraft is now available on...
Zen launches in 30+ jurisdictions
Poland-headquartered fintech company Zen is now live in more than 30 countries across Europe.
Zen is offering a multi-currency current account combined with Mastercard-backed payment...
Danske Bank looks to Windward for help with maritime financial crime compliance
Danske Bank is partnering with UK-based data analytics company Windward to digitise and automate aspects of its crime compliance controls in maritime financial trade.
The...
Dreams partners with Ukrsibbank for digital personal finance tools
Sweden-headquartered Dreams, a provider of digital self-help tools for managing personal finances, is partnering with Ukrainian commercial bank Ukrsibbank.
Dreams is developing a proposition in...
Blockchain fintech Figure seeks US bank charter
US-based blockchain technology company Figure is seeking a national bank charter from the Office of the Comptroller of the Currency (OCC) to reduce its...
Starling Bank eyes monthly profitability after breaking even
Starling Bank is now breaking even after reporting a trading update for the three months up to 31 October.
The digital bank has nearly 1.8...
UK fintech sector innovation on show at virtual awards ceremony
A host of companies and professionals were recognised as the most innovative in the UK fintech sector at the virtual UK FinTech Awards last...
Get registered and ready for the UK FinTech Awards 2020
The UK FinTech Awards will reflect the innovation integral to the prosperity of the sector tomorrow when the 2020 ceremony is broadcast online.
The broadcast...
New Refinitiv research reveals machine learning is maturing in finance
As firms strive for competitive prowess, artificial intelligence (AI) and machine learning are increasingly scaled across multiple business areas in financial services, a recent...
Santander partners with Personetics to launch money management feature
Santander's investments in fintech companies through its dedicated venture capital arm are paying off with the launch of a money management feature built on...
Nordic Capital acquires BearingPoint RegTech
Private equity firm Nordic Capital plans to support RegTech’s next phase of innovation and sustainable growth after acquiring the regulatory reporting business from BearingPoint.
The...
A finalist for every kind of fintech
Discover who was shortlisted as a finalist ahead of the UK FinTech Awards 2020 on 17 November.
Seventy-seven fintech companies were chosen as finalists, across...
Alliance Data to acquire buy now, pay later fintech for $450 million
US loyalty and payment solutions provider Alliance Data is acquiring personalised payment fintech Bread for $450 million.
The acquisition, subject to regulatory approval and customary...
Pleo launches feature for tracking out-of-pocket expenses
Danish fintech company Pleo, a smart payment card issuer focused on business, has rolled out a new feature to track out-of-pocket expenses.
Pocket sits within...
Rapyd launches in South Korea
Rapyd has launched its payment capabilities in South Korea, with the fintech-as-a-service company now serving six major markets around the world.
Through partnerships with South...
PrimaryBid attracts $50 million in series B funding
PrimaryBid, the UK-based fintech platform that connects retail investors with public companies raising capital, has closed a $50 million series B funding round.
PrimaryBid attracted...
RaiseNow secures $6 million investment
Charity fundraising technology provider RaiseNow has secured a $6 million series A+ investment from SIX Fintech Ventures and existing investor PostFinance, as well as...
Unqork partners with Life.io after bumper valuation
Enterprise no-code software platform provider Unqork has struck a strategic partnership with Life.io to develop insurance solutions, just weeks after raising $207 million in...
Clim8 Invest appoints three experts to investment committee
Hot on the heels of its latest Crowdcube funding campaign, Clim8 Invest has appointed three prominent figures to its investment committee, including James Millard...
CUNA Mutual Group acquires digital lending platform provider CuneXus
CUNA Mutual Group has acquired digital lending platform provider CuneXus.
The acquisition of California-based CuneXus, whose one-click pre-approved lending platform serves banks and credit unions,...
UK FinTech Awards 2020: Register to watch
The UK FinTech Awards 2020 will be broadcast via ukfintechawards.co.uk on 17 November at 7pm.
Here's why you should register for access to the exclusive...
Greenwood raises $3 million to launch digital bank for Black and Latinx communities
US-based challenger bank Greenwood has raised $3 million in seed funding from private investors to launch the first digital banking platform for Black and...
Cover Genius secures A$15 million in new funding
Insurtech company Cover Genius has raised A$15 million as it expands its product suite and partner network globally.
The funding announcement comes as the company...
Revolut selects Fireblock for launch of new crypto services
UK-headquartered fintech company Revolut is using the infrastructure of Fireblocks to support the introduction of new crypto services for its 13 million retail customers.
Revolut...
Crypto-derivatives subject to retail ban in UK
The UK Financial Conduct Authority has banned the sale of crypto-derivatives to retail customers.
The financial services regulator in the UK considers these products to...
UK FinTech Awards 2020 ceremony set for online broadcast
The UK FinTech Awards 2020 ceremony is moving online and will be broadcast on 17 November, exclusively via ukfintechawards.co.uk at 7pm.
The Covid-19 pandemic is...
NEC to buy Avaloq for $2.2 billion
Japanese electronics conglomerate NEC has struck a deal to buy Switzerland-based Avaloq, a provider of digital banking solutions, core banking software and wealth management...
Clim8 Invest launches Crowdcube funding campaign
Clim8 Invest, the digital consumer platform focused on climate-crisis tackling investments, has launched a Crowdcube funding campaign and already smashed its £400,000 target.
The new...
B-North raises £1 million ahead of becoming regulated SME lender
UK-based fintech company B-North has raised a further £1 million in funding as it moves closer to obtaining regulatory approval to become a lending...
Acin raises $12 million as investors back its solution for ‘under-served’ operational risk
UK-based regtech company Acin has raised $12 million in series A funding to spearhead efforts to create a complete front-to-back-office solution to assess and...
Finicity launches credit-decisioning product
US-based open banking solutions provider Finicity has launched a new credit-decisioning product.
Finicity Lend provides banks, lenders and fintech developers with access to tools that...
SpotOn raises $60 million in series C funding
Software and payments company SpotOn Transact has raised $60 million in series C funding.
Internet investment firm DST Global led the funding round, with participation...
Raiffeisen Bank and Moxtra develop virtual branch service
Raiffeisen Bank International has launched a virtual branch service in partnership with US-based fintech company Moxtra.
RaiConnect features a full suite of collaborative modules and...
Santander spins out fintech venture capital arm
Santander has spun out Innoventures and allocated another $200 million to its newly rebranded fintech venture capital arm.
Santander Innoventures will be known as Mouro...