Paytech Highline names Rebecca Mowat director of partnerships
Mowat brings over 20 years’ worth of experience in international trade and business to Highline, the firm says.
Mowat brings over 20 years’ worth of experience in international trade and business to Highline, the firm says.
Lulalend will look to increase its loan book size and develop new products.
Zopa says the deal “cements and markedly enhances” its unicorn valuation.
MNT-Halan claims it is the largest investment across Egypt and the Middle East over the past 12 months.
With the funding, Treasury Prime plans to build out its solution and develop new products and services.
Upstart is also suspending development of its small business loan product.
Nano plans to wind down its home loan services and focus on providing technology to financial services companies.
Sprive’s AI mortgage assistant, available through a mobile app, helps customers pay off their mortgage faster.
The new funding facility will enable LiveMore to increase loan originations and grow its portfolio.
$5 million have been raised in equity while the rest – $95 million – have been taken on as debt.
Ibarra brings over 20 years of experience, most recently serving as Stripe’s head of product for Latin America.
The letter has been co-signed by Codat, Atom Bank, Funding Circle, Iwoca, Allica Bank, SPRK Capital and others.
Featuring Ascendant, Evergreen, Komunal, Kwara, Pilon, and Sprinque.
The cash will be used to strengthen its product suite in existing markets and boost its growth across Europe.
Two fintech companies in the US – Core10 and Union Credit – have reported funding this week.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The banking tech vendor also signed licence fees of $27.5 million in the latest quarter.
Explore thousands of open roles on the Fintech Futures Job Board today.
The SEC alleges that the Gemini Earn program “constitutes an offer and sale of securities under applicable law”.
Company execs say the layoffs are a result of “reduced marketplace revenue” due to interest rate increases.
The service will initially launch in Germany, France and Spain, with plans to expand into other global markets.
Romanow will reportedly transition to the role of executive co-chair and remain on the company’s board.
Reuters reports the firm outlined a pre-tax loss of $1.2bn for the first nine months of 2022.
The Dubai-based firm plans to use the funding to support its growth and expand its product line.
Orka Card will enable customers to integrate all their existing bank accounts into one card and app.
Salmon claims to have over 2,000 customers and over 30 merchant partners for its lending product.
FinTech Futures chats with Pushkar Mukewar, founder and CEO of Indian fintech Drip Capital.
If incumbents fail to adapt in 2023, challengers could gain the lion’s share of the market once and for all.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The round consists of $33m in equity and $7.5m in debt from Silicon Valley Bank.
Founder and CEO Liz Syms says the new hires will help deliver on Connect’s “ambitious plans”.
The solution means corporates can now offer business buyers deferred payments at checkout through a single API.
Prior to Funding Circle, Allocca was chief operating officer (COO) at small business banking provider BlueVine.
The deals follow Twenty7tec’s acquisition of fellow UK fintech Bluecoat Software in June last year.
Jupiter says the funds will go towards scaling up the neobank’s suite of lending products.
The news follows KreditBee’s $80 million fundraise as part of its Series D funding round last month.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Sydney’s Grapple landed $35 million in a warehouse debt facility from Global Credit Investments (GCI).
How technology advancements and new data sources, including alternative data, are pushing the boundaries of borrowing.
Smartpay claims it is the first digital consumer finance firm to utilise Japan’s open banking system.