Monzo hires Brolly founder Phoebe Chibuzo Hugh to lead its “charge into insurance”
Hugh founded digital insurance platform Brolly in 2016, which was acquired by Direct Line Group in 2020.
Hugh founded digital insurance platform Brolly in 2016, which was acquired by Direct Line Group in 2020.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Oxbury Bank provides flexible lending and asset finance solutions specifically for the needs of farming businesses.
Composable architecture creates real flexibility for banks looking to make changes to their cores.
The bank’s “long-term” shareholders, BBVA, Toscafund and Infinity Investment Partners, participated in the raise.
Carlesi will lead Revolut NewCo UK, the entity that has applied for the fintech’s UK banking licence.
The start-up plans to use some of the funding to fuel its expansion across Europe.
Tam offers a digital savings account, prepaid cards, student allowance management and local transfer services.
The funding round includes $16 million in equity and $7 million in debt.
According to Sky News, Monzo is in discussions with a number of blue-chip investment funds over a share sale.
With the ClearBank partnership, Alba Bank aims to offer “near real-time payments” to its customers.
The licensed electronic money institution will be able to onboard new customers with just a passport.
Let’s be realistic. “Digital” banking alone is not going to kill off “legacy” or incumbent banks anytime soon.
Gupta joins Arival Bank from US-based consumer fintech company Eco, where he served as head of compliance.
The company describes the licencing as “a significant step forward” for its position in the UK neobanking market.
Alba Bank says the migration will enable it to build products at speed to meet evolving market demands.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Walsh previously spent over six years as head of global product at Square’s mobile payment service Cash App.
The fintech reportedly allowed funds to be released from accounts which were flagged as suspicious by the National Crime Agency (NCA).
The round also saw participation from existing investors Valar Ventures and Nazca Ventures.
Kamma’s tech will provide a “deep review” of the climate impact of Atom’s mortgage and lending activities.
It will position itself as a retail bank offering digital financial services to boost financial inclusion in Pakistan.
In this episode of the podcast, we’re joined by Andrea De Gottardo, CEO of UK digital bank Kroo.
We chat with Rodrigo Suarez of Piermont Bank about how incumbents can achieve digital acceleration.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The new venture is described as a “digital leasing and lending platform”.
Founded in 2020, Panacea Financial provides financial services to healthcare professionals in the US.
Kroo is looking to family offices, institutional investors, VCs and private equity in the UK, US and Europe.
Robert Sharpe and Andrew Lewis join as chair of the board and chief risk officer (CRO), respectively.
This latest funding brings the total amount of capital raised by the bank to £530 million.
The idea of personalisation has been around for decades in banking, so it’s time customers get what they deserve.
UK consumers lost a total of £177.6 million to impersonation scams last year.
Alpian has named Gianmarco Bonaita, who previously served as the deputy CEO, as the interim CEO.
BianRosa is to assume a position on the bank’s supervisory board from this month.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The US bank first bought a stake in C6 in June 2021.
Alpha Bank Romania is aiming to become “one of the key players in the Romanian digital banking space”.
The funding was led by Tiger Global Management, with participation from existing investors
The bank plans to facilitate more than £250m in new-to-bank lending across the SME and property sectors.