Real-time payments platform Volt lands UK EMI licence from FCA
With the new licence, Volt plans to enhance its cash management offering Connect to include virtual accounts.
With the new licence, Volt plans to enhance its cash management offering Connect to include virtual accounts.
Volt says Henderson joins at a “critical inflection point” for the company.
With the new funds, the company plans to expand into APAC and the US.
Barclay joins from Swedish open banking unicorn Trustly.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Open banking payments globally look set to have their own ‘Beatlemania’ moment.
The app will be fully integrated with Volt’s core banking system.
The two companies had entered into a partnership earlier this year.
The round is the largest Series A on record for the open banking industry.
AFG picks up an 8% stake in Volt as part of the deal.
Railsbank considers Australia “a highly strategic market”, where embedded finance is “still in its infancy”.
ANZ, Westpac, NAB and Commonwealth Bank have lost a collective half a billion dollars.
Volt plans for $50 million Series D round with British and Middle Eastern investors.