UK challenger bank OakNorth launches new business banking offering
OakNorth’s new product is currently in a phased beta, with businesses being invited to sign up to a waitlist.
OakNorth’s new product is currently in a phased beta, with businesses being invited to sign up to a waitlist.
The funding brings the total external investment in the firm to $116 million to date.
The portfolio comprises $35 million in invoice finance and a further $5 million in trade finance.
As part of the acquisition, Elastech CEO Scott Llewelyn will join Bond.AI to lead its professional services division.
With Ripple, Georgia’s central bank aims to explore use cases and potential benefits of having a digital currency.
Payroll Integrations plans to expand its product line, foster new relationships and invest in its operations.
Amazon Business customers can now select Affirm at checkout to pay for eligible goods over time.
The company describes Sophia Fulugunya as “a front-line expert in transaction reporting”.
A long-standing Accenture employee, Benasso began his career at the software firm in 1984.
Oxbury Bank provides flexible lending and asset finance solutions specifically for the needs of farming businesses.
The bank’s new portal will service its corporate clients with digital workflows and host-to-host integration solutions.
Varela previously spent more than 16 years at Credit Suisse in a number of senior tech-focused positions.
Kuruvilla joins the company from CoreLogic, where he served as chief information officer.
Aurel previously served as head of payments and cryptography at South Africa-based Synthesis Software Technologies.
The cash will be put towards product development and exploring merger and acquisition opportunities.
Tabby claims it has become the Middle East’s first fintech unicorn ahead of its planned IPO in Saudi Arabia.
The authorisation will enable Mangopay to offer its full suite of services to new and existing UK customers.
Mayenobe’s appointment follows the company’s $72 million Series C funding round.
Weichert joins TCH from Accenture, where she served as managing director, North America payments lead.
The capital came from existing investors including D Squared Capital and Moneta Venture Capital.
The group aims to make use of Oracle’s enterprise performance management and planning functions.
APPS’ CEO Abe Maghaguian and COO Sarah Gerald will join the Stax leadership team as part of the deal.
Hala says Arshad’s experience will be “pivotal” to its expansion efforts in the UK and Europe.
The latest cash injection brings YouTrip’s total funding to date to over $100 million.
Worldline says it now expects 6% to 7% in organic revenue growth, as opposed to its previous forecast of 8% to 10%.
Monese’s Santosh Radhakrishnan and Bhavik Sanghvi discuss the reasons behind the switch with FinTech Futures.
McDonagh is to assume the position from 1 January 2024, taking over from interim group CEO David Blumer.
The round was led by Bain Capital Ventures, with participation from existing backers, angel investors and customers.
With the licence, Elavon intends to offer authorisation, settlement, card machines, and banking services in the UK.
Greener’s business solution was launched earlier this month following its seed funding round.
Brookfield says Kalifa’s appointment allows it to “increase our footprint” in the payments arena.
With the ClearBank partnership, Alba Bank aims to offer “near real-time payments” to its customers.
McCarthy joined Thredd in January this year as executive vice president – global head of product and sales.
Modulr is working to ensure it meets evolving regulatory requirements following a period of growth.
In his new role, Fry will be tasked with developing the bank’s position within the digital assets market.
The partnership comes as Figopara gears up for a “significant” international expansion push.
The new system will initially only be available to US-based commercial clients.
With the new facility, Uncapped aims to expand its reach and provide more digital businesses with access to financing.
Through the partnership, Generali Investments Holding will utilise Fenergo’s client lifecycle management solution.
Hart joins Plaid from Expedia where he served for more than 13 years, most recently as CFO.