Payments
Lending: A destination in itself
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
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 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 platform
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
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
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
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, 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
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, 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, 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, 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, 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 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
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
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
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
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
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
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, 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 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...
#IWD2021: Mel Tsiaprazis of Nivaura on excelling in fintech
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
After a successful career with technology and telecommunications companies, including Link Development, LinkdotNet, and Digitaltest, I decided it was time for a change; time...
#IWD2021: Amanda Mesler of CashFlows on running a successful fintech business
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, 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
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?
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
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
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 £29 million to expand earned wage access product
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...
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
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 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
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, 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% increase in total user savings for January
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
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
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
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...
AVANT Corporation takes minority stake in UK financial analytics firm
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, 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
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, 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 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
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
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...