Newbury Building Society taps Sopra Banking Software to launch new app
The deal marks the first deployment of SBS’s mobile app solution in the UK market.
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The deal marks the first deployment of SBS’s mobile app solution in the UK market.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The sale, for an undisclosed sum, includes all assets associated with Fidel’s loyalty business.
The UK challenger claims its staff headcount already surpassed 10,000 during the first quarter of the year.
Barnard is to take “ultimate responsibility” for the UK regtech’s global finance and business operations.
Shiliashki has previously held leadership roles at industry giants including PayPal and Mastercard.
The new offering will also include deposit accounts and automation tools for bill payments.
The deal will also see VC firm Andreessen Horowitz become a shareholder in ComplyAdvantage.
Industry veteran Sauerland will lead the company alongside its founder Robert Koller.
Together claims to have a loan book exceeding £6.8 billion, originating over £200 million in loans monthly.
The Paris-based start-up has been in stealth mode since 2022.
The lender has opted to transition its core to the vendor’s Fusion Essence solution.
JP Morgan has controlled the unit since its takeover of First Republic Bank last May.
Airwallex’s tech will power Bird’s in-house foreign exchange engine and issuing solution.
The UK-based fintech has enlisted Interpath Advisory to assist in the internal restructuring.
Allica says it has experienced a 75% increase in customer deposits to £2.6 billion.
President and CCO Adam Payne says the deal comes amid a need to “focus on our core business”.
All investments in Diversified and Fractible will be transferred to Konvi this month.
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A handy round-up of the recent funding endeavours of fintech companies across the globe.
Temenos says its tech will enable the firm to manage “a significant increase in transaction volumes”.
The proposed merger will create a combined group boasting a balance sheet of around £89 billion.
The Berlin-based fintech now seeks to expand its cards-as-a-service product to markets beyond the EU.
The fintech plans to launch a credit-builder card, loans and an AI-powered financial advice coach this year.
The US is set to be Klarna Card’s fourth market of entry, following earlier launches in Sweden, Germany and the UK.
The building society is to leverage its Mambu core to build new mortgage and savings products.
The New Zealand-based firm is currently listed on the Catalist stock exchange with a value of around $5.4 million.
Following the recent fundraise, Flatpay’s valuation has now surpassed €100 million.
UK Finance says the experimentation phase of its Regulated Liability Network will run until summer 2024.
The initiative aims to arm the fintech sector with the resources and expertise to help build a more inclusive industry.
Zopa says revenues climbed 29.7% “despite the challenging macroeconomic environment”.
The fintech claims it provides “a much-needed alternative to banks for European SMBs looking for financing support”.
Temenos’ board chair says the review “reinforces the board’s view that Temenos is running a sound business”.
IFGS 2024 is taking place in London this week, with fintech regulation and innovation high on the agenda.
The industry-led taskforce will aim to “unlock the full potential of open finance”.
Beck will provide support to Greweldinger in a senior advisory capacity during the transition.
LBBW will launch a pilot for its crypto custody services in the second half of 2024.
As part of the deal, Algbra has also partnered with SC Venture’s climate-focused savings platform, Shoal.
The company had previously announced the tender offer to provide employee liquidity in February.
NFCU is “continuing to standardise” with the fintech’s engagement banking platform.