Payments

Lending - A destination in itself - Main

Lending: A destination in itself

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As fintech investors, lending is at the heart of what we do. In recent years, though, our approach to investing in lending and lendtech...
Fintern raises £32m to expand access to affordable loans in the UK

Fintern raises £32m to expand access to affordable loans in the UK

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UK-based startup Fintern has raised £32 million in equity and debt funding following its public launch last month. The equity funding comes from a variety...
Starling Bank secures £50m investment from Goldman Sachs

Starling Bank secures £50m investment from Goldman Sachs

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Starling Bank has received a £50 million investment from Goldman Sachs Growth Equity. The investment is an extension of Starling’s oversubscribed £272 million series D...
J.P. Morgan expands use of the Acin operational risk management and benchmarking platform

J.P. Morgan expands use of the Acin platform

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J.P. Morgan is expanding its use of the Acin platform to cover its global markets business. Acin, the software-as-a-service regtech company that has created a...
Auxmoney raises €250m to fund consumer loans on P2P platform

Auxmoney raises €250m to fund consumer loans

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Auxmoney, a digital lending platform provider for consumer credit, has received €250 million in investment from Citigroup and Chenavari Investment Managers The investment, along with...
Modulr receives investment from FIS Ventures

Modulr receives investment from FIS Ventures

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Payments-as-a-service provider Modulr, based in the UK, has secured new investment from FIS Ventures, the corporate venture arm of global financial technology company FIS. Following...
Bringing about new compliance for the new normal, with AI and machine learning 1

Bringing about new compliance for the new normal, with AI and machine learning

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Compliance is generally thought of as a necessary burden, not a business benefit capable of vastly improving efficiency. However, applying artificial intelligence (AI) and...
Ethic closes $29 million series B funding round

Ethic closes $29 million series B funding round

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Ethic, the tech-driven asset management platform that powers personalisation for advisers, has closed a $29 million series B funding round. The round was led by...
Banking tech provider NYMBUS launches dedicated business for credit unions

Banking tech provider NYMBUS launches dedicated business for credit unions

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NYMBUS, a provider of core banking technology based in the US, has set up a new business to support credit unions with dedicated fintech...
Meniga closes €10 million funding round

Meniga closes €10 million funding round

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Meniga, a provider of digital banking solutions for some of the world’s largest financial institutions, has closed a €10 million strategic investment round. Velocity Capital...
TPAY MOBILE boosts senior leadership team

TPAY MOBILE boosts senior leadership team

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TPAY MOBILE, the full-service digital payments platform for the Middle East, Africa, and Turkey, has made senior leadership appointments for two newly created positions. The...
Dreams promotes Lucia Hegenbartova to chief commercial officer

Dreams promotes Lucia Hegenbartova to chief commercial officer

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Dreams, provider of the financial wellbeing platform that empowers millennials to pay off debt, save, invest and feel better about their money, has appointed...
Banking Circle moves infrastructure onto the cloud

Banking Circle moves infrastructure onto the cloud

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Banking Circle, the financial infrastructure provider, is now completely cloud-based, with all aspects of its service hosted within Microsoft Azure. This includes its purpose built,...
OakNorth Bank achieves pre-tax profit of £78 million

OakNorth Bank achieves pre-tax profit of £78 million

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OakNorth Bank lent £1.1 billion last year and achieved a pre-tax profit of £78 million. Since 2015, the bank has lent more than £5.1 billion,...
PayFit raises €90 million for HR and payroll expansion

PayFit raises €90 million for HR and payroll expansion

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France-headquartered fintech company PayFit has raised €90 million in series D funding to continue to simplify payroll and human resource management for all European...
ALT:AVE appoints new chairman

ALT/AVE appoints new chairman

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Phil Shelley, a former Goldman Sachs banker and founder of Arlington Capital Markets, has been appointed to the role of chairman at ALT/AVE, a...
Railsbank launches in Australia, partners with Volt

Railsbank launches in Australia, partners with Volt

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Embedded finance provider Railsbank has launched in Australia via a partnership with the country’s first neobank, Volt. Describing Australia as "a highly strategic market", the...
Chip appoints new chief technology officer

Chip appoints new chief technology officer

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UK-based savings app provider Chip has appointed Tom Evans as its new chief technology officer. In this role, Evans will lead product and engineering teams...
Blink partners with Terrawind Global Protection for flight disruption support

Blink partners with Terrawind Global Protection for flight disruption support

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Ireland-based insurtech company Blink is launching a major expansion of its flight disruption insurance offering in Central and Latin America this month. Blink has partnered...
SumUp raises €750 million in financing

SumUp raises €750 million in financing

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UK-based payments service provider SumUp has raised €750 million in financing to press ahead with its expansion into new markets and build its product...
Planixs lands Santander in major liquidity management contract win

Planixs lands Santander in major liquidity management contract win

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Planixs, the provider of real-time, intraday cash, collateral and liquidity management solutions, has landed a major client. Santander, a global systemically important bank (GSIB), will...
Starling Bank lands £272m in funding, achieves £1.1b pre-money valuation

Starling Bank lands £272m in funding, achieves £1.1b pre-money valuation

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Starling has completed a £272 million series D funding round that gives the digital bank a pre-money valuation of £1.1 billion. Fidelity Investments led the...
Mel Tsiaprazis of Nivaura on excelling in fintech

#IWD2021: Mel Tsiaprazis of Nivaura on excelling in fintech

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International Women’s Day is a very special day for many. I hold it close to my heart, not just because it’s also my birthday(!),...

#IWD2021: Sahar Salama of TPAY MOBILE on building a business in fintech

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After a successful career with technology and telecommunications companies, including Link Development, LinkdotNet, and Digitaltest, I decided it was time for a change; time...
Amanda Mesler of CashFlows on running a successful fintech business

#IWD2021: Amanda Mesler of CashFlows on running a successful fintech business

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Today, as on every International Women’s Day, I take some time to reflect on where I’ve been and, most importantly, where I’m going.  My expertise...
Meniga launches carbon footprint tracker, Íslandsbanki first to roll it out

Meniga launches carbon footprint tracker, Íslandsbanki first to roll it out

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Meniga, the provider of personal finance banking solutions, has partnered with Íslandsbanki, one of Iceland’s largest banks, to launch its new innovative green banking...
Insurtech firm Beam Dental raises $80 million

Insurtech firm Beam Dental raises $80 million

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Beam Dental, a digital-first dental insurer that rewards its members for good dental hygiene, has raised $80 million in an oversubscribed series E funding...
2021 - the dawn of better business banking 1

2021: the dawn of better business banking?

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It was inspiring to see how small businesses responded to the new and changeable restrictions in place due to the coronavirus pandemic. They adapted...
UK publishes Kalifa Review of fintech ecosystem

UK publishes Kalifa Review of fintech ecosystem

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The UK has published the much-anticipated Kalifa Review of the jurisdiction's fintech ecosystem. The Kalifa Review, named for its author, Ron Kalifa OBE, provides a...
As investors flock to fintech, Qatar stakes its claim

As investors flock to fintech, Qatar stakes its claim

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Investors poured $30.4 billion into fintech companies globally in the first nine months of 2020, according to the Qatar Financial Centre and Refinitiv—and Qatar...
Orka raises £29million to expand earned wage access product

Orka raises £29 million to expand earned wage access product

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Worker technology startup Orka Technology Group has raised £29million in its latest funding round and plans to use the capital to fuel the rapid...
Judging for UK, European, US and Asia FinTech Awards to commence soon as entry deadlines near

Judging for UK, European, US and Asia FinTech Awards to commence soon as entry...

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The 2021 independent judging panels for the UK, European, US and Asia FinTech Awards have been confirmed. The news comes with a week to go...
Billhop raises €4 million as enterprises flock to invoice payment solution

Billhop raises €4 million as enterprises flock to invoice payment solution

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Swedish working capital fintech Billhop will develop its product set and strengthen its sales, marketing, and customer support functions after securing €4 million in...
BNY Mellon plans new solutions in digital assets and collateral management

BNY Mellon plans new solutions in digital assets and collateral management

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BNY Mellon will develop new solutions and capabilities for digital assets and collateral management under plans announced this month.  The custody bank has launched a...
Purpose Financial welcomes Allianz X as shareholder

Purpose Financial welcomes Allianz X as shareholder

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Canadian fintech company Purpose Financial is aiming to build its infrastructure for a period of prolonged growth and expand its product offering after raising...
Monzo to raise £50 million in new funding

Monzo to raise £50 million in new funding

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Monzo, the UK digital bank, is raising an additional £50 million through an extension of its series G funding round. The equity funding is coming...
Chip records a 222 percent increase in total user savings

Chip records a 222% increase in total user savings for January

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Savings app provider Chip recorded a 222% increase in the total amount put aside by savers in January 2021 compared to the same month...
Working together for global bounce-back in 2021

Working together for global bounce-back in 2021

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Last year, and the early weeks of 2021, have brought a multitude of new challenges for small businesses. They responded by demonstrating their versatility,...
Barclays Accelerator in New York welcomes nine fintech startups

Barclays Accelerator in New York welcomes nine fintech startups

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Nine fintech startups are joining the 2021 New York Barclays Accelerator, powered by Techstars. Established in 2014, the intensive 13-week programme is designed to fast-track...
SDAX close to launching digital asset trading platform

SDAX close to launching digital asset trading platform

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Blockchain-based digital asset trading platform SDAX is one step closer to launch after securing initial regulatory approval from the Monetary Authority of Singapore. SDAX is...
Japan's AVANT Corporation takes minority stake in UK financial analytics firm

AVANT Corporation takes minority stake in UK financial analytics firm

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Japan-based AVANT Corporation, the owner of a group of technology companies focused on accounting, planning and management, is the new minority owner of Metapraxis. As...
Eurapco and B3i develop blockchain solution for mutual insurers

Eurapco and B3i develop blockchain solution for mutual insurers

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Eurapco, a strategic alliance of eight mutual European insurers, and B3i are launching Eurapco Unity, an operational solution built on blockchain infrastructure that enables...
Minna Technologies raises €15.5 million for subscription management service

Minna Technologies raises €15.5 million for subscription management service

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Subscription management company Minna Technologies plans to widen access to its open banking technology after securing €15.5 million in series B funding. The series B...
iSTOX raises $50 million in Series A funding round

iSTOX raises $50 million in Series A funding round

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iSTOX, a digital securities platform aiming to make the private capital markets more accessible, just closed its $50 million Series A funding round after...
Goldman Sachs chooses Marqeta's card issuing platform for Marcus

Goldman Sachs chooses Marqeta’s card issuing platform for Marcus

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Goldman Sachs will use Marqeta's card issuing platform to underpin its Marcus current accounts when they launch later this year. Marcus, the global financial services...
Infineon issues new employee ID card with payment functionality

Infineon issues new employee ID card with payment functionality

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Semiconductor manufacturer Infineon Technologies is replacing the employee ID cards at its headquarters in Germany with a solution that combines highly secured office building...
Acin aims to take advantage of its momentum

Acin aims to take advantage of its momentum

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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

UK FinTech Awards 2021 is open for entries

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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

IHS Markit acquires regtech provider Cappitech

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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

How to enter FinTech Intel’s awards

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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...