B2B BNPL fintech Playter lands $55m funding round
The round was led by Adit Venture Capital and Fasanara Capital.
Business-to-Business/B2B
UK challenger bank Recognise appoints Sahil Thapa as CTO
Recognise says Thapa “has the vision and ability to lead the Bank’s technology strategy”.
Brex to stop serving “traditional” small businesses
Small businesses using Brex have until August 15 to move their funds.
What the FinTech? | S.3 Episode 9 | Smart applications for AI and ML
We are joined by Jethro MacDonald, product manager, artificial intelligence and machine learning at SmartStream.
Intesa Sanpaolo sells Croatian merchant acquiring business to Nexi
The €180m deal forms part of a broader multi-year partnership in the merchant acquiring space.
The Bank of London invests in Belfast and creates over 200 new jobs
The Bank of London says it is making a “multi-million pound” investment in Belfast.
Denmark’s Mazepay receives pan-European payments license to streamline B2B purchases
The license will enable Mazepay to handle transactions on behalf of companies.
Digital banking tech vendor Narmi raises $35m Series B
The fresh capital will be used to develop and accelerate the overall digitisation of the US banking industry.
Flutterwave appoints former American Express exec as new CFO
Earlier as CFO of Kabbage, Bhambani helped lead its acquisition and integration within American Express.
Nuula launches operations in Canada for small business owners
Nuula provides financial products and services to small business owners.
Airbank raises $20m to build “the most comprehensive global SMB banking solution”
Airbank raises $20m in a Series A funding round led by Molten Ventures.
Money 20/20 Europe: A new era for a digital Sterling
Project New Era, set to launch in September, is a pilot evaluating the future digital currency ecosystem in the UK.
ComplyAdvantage appoints ex-WorldRemit head as CTO
Mark Watson brings over 26 years of tech experience into his new role as CTO.
New trade finance bank Neotrade launches in the UK
Neotrade provides financing for SMEs using an AI-based scoring system.
Fleetcor to acquire cross-border paytech Global Reach
Fleetcor has signed a definitive agreement to acquire UK-based Global Reach Group.
ICICI Bank partners ZestMoney to expand “cardless EMI” facility
The facility is live on select e-commerce websites and the firms say will be made available at retail stores soon.
Why trade finance should embrace blockchain to realise its digital ambitions
Digital innovation in trade finance is gaining momentum, and blockchain offers a number of possibilities.
Razer Fintech acquires Indonesian paytech E2Pay in a bid to expand
With this acquisition, Razer Fintech says it marks its further expansion into Indonesia.
HSBC-backed trade platform Serai shuts down
Serai was on a mission “to simplify global trade” by providing supply chain solutions to brands and manufacturers.
Europe fintech funding round-up: Cryptio, Fung, Financielle and more
This weekly fintech round-up brings to you funding news from around Europe.
North America fintech funding round-up: Klasha, Proper, Manzil and more
A handy round-up of the recent funding endeavours of fintech companies across North America.
New European entrant in banking and payments space – Monty Finance
Its two main products are MyMonty, a digital banking service, and MontyPay, a digital payment gateway system.
New super-app Rauva aims to fill Mediterranean online banking gap
Rauva plans to launch its app in early 2023, initially in Spain and Portugal.
LatAm paytech Kushki valued at over $1bn following Series B extension
Kushki says the funding will be used to accelerate development of its payments infrastructure.
UK money app Ziglu taps ClearBank for virtual bank accounts
The clearing bank will power Ziglu’s real-time processing and reporting for its GBP virtual accounts.
How Stilt is helping immigrants build a financially stable life in the US
FinTech Futures chats with Stilt co-founder Rohit Mittal about the firm’s aims to help immigrants in the US.
EntreBank selects CSI’s NuPoint core banking platform
CSI will also provide EntreBank with managed IT services.
Singapore’s Anext launches as digital wholesale bank
The soft launch comes after the firm received approval from MAS to commence business.
Meet B4B Payments and Banking Circle at Money20/20 Europe in Amsterdam!
Introducing a top provider of issuing and payment solutions with full value chain-coverage and scalability.
Pagaya appoints former Barclays UK CEO as president
Ashok Vaswani, Pagaya’s new president, is a Barclays and Citibank veteran.
Europe fintech funding round-up: Merge, Kapaga, Beanstalk and more
Our weekly fintech round-up for you to get the latest funding news from across Europe.
US fintech funding round-up: Pebble, Arteria, Hardbacon & Digital Asset
A handy round-up of the recent funding endeavours of fintech companies across North America.
Mollie partners Plaid to boost onboarding for merchants
Mollie says the partnership will make it “easier and faster” to start receiving payments and open online stores.
UK paytech GPS appoints Jill Docherty as director of global partnerships
Docherty will sit on GPS’ global executive committee overseeing all GPS ecosystem partners.
Stephen Lancaster appointed CEO at GB Bank
Lancaster will be responsible for leading GB Bank as it gears up for launch in Q3 2022.
Dutch fintech Mollie hires Koen Köppen as new CTO to boost tech innovation
Prior to Mollie, Köppen spent over a decade at Klarna.
FinTech Australia’s CEO Andrew Porter steps down after four months
Rehan D’Almeida will replace Porter through his promotion to the role of general manager.
Former Mastercard EVP Kush Saxena appointed as new CEO of PagoNxt Merchant Solutions
Kush Saxena will step into his new role in mid-June.
UK payments platform xpate launches core banking system
Xpate says legacy IT platforms threaten the efficiency and profitability of merchants and acquirers.
Credit Agricole Bank Polska launches new app with Efigence
The app will be developed further with new services being added on to it in due course.
