New core banking system, Vilja, comes to the UK from Sweden
Vilja is entering the UK market via a partnership with local mortgage origination platform, Mast.
The latest fintech news, resources and expert analysis in Sweden by the leading intelligence provider for the worldwide fintech community.
Vilja is entering the UK market via a partnership with local mortgage origination platform, Mast.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The appointments follow Trustly’s recent acquisitions of SlimPay and Ecospend.
The investor has owned 21% of Monese since leading its $60 million Series B round back in 2018.
Zafin has partnerships with a number of global banks including Wells Fargo, HSBC, PNZ and ING.
Forsberg is expected to form and execute a strategy for Froda’s loan products and embedded finance operations.
A newly formed entity, Klarna Financial Services UK, will now provide all consumer-facing services in the country.
Blacksmith claims to have specifically tailored the platform for SEB following a year-long pilot project.
The agreement will directly connect Klarna to STEP2 and the gross settlement payment system RT1.
Klarna describes the UK holding company as “an important early step on a journey towards an eventual IPO”.
Jifiti says it can now provide clients with a broader range of payment products and pan-European solutions.
Medius announced its acquisition of the expense management software company Expensya back in June.
It plans to develop its proprietary Brite Instant Payments Network that facilitates 24/7 “instant” processing.
Eileen Chibb joins as chief operations officer (COO) and Jussi Lindberg as chief revenue officer (CRO).
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The acquisition is subject to regulatory approvals.
The $6 million deal is to be completed via an all-stock transaction by September.
The Swedish fintech has appointed Alexander Kassai as COO and Fredrik Strömqvist as CFO.
Mambu’s cloud technology and Knowit’s loan origination solution are to support the SPK’s housing loan offering.
Our weekly round-up for you to get the latest fintech funding news, this time from across Europe.
Swedish paytech Trustly is set to be the first firm to tap into Lunar’s account infrastructure.
Ikano Bank’s pan-European accounts, deposits, and unsecured retail lending will be consolidated on TCS Bancs.
Qred operates an AI-led financing platform to offer loans, credit cards and factoring for small businesses.
Anna Bjurefeldt joins Trustly as head of internal audit and Mia Bjurkell as director of risk and compliance.
With the new solution, both firms aim to “simplify the disjointed payments landscape” in the Nordics and UK.
P27 says “new requirements and regulations” have challenged its operating model.
Mastercard intends to fold Baffin Bay’s automated Threat Protection tech into a global “cyber service”.
The partnership has resulted in 52% more monthly active users for Buddy, Klarna Kosma says.
Andersson will join Zimpler’s leadership team and report directly to CEO Johan Strand.
Doconomy will fold Dreams’ behavioural science platform into its environmental impact measurement tools.
Rosén will be tasked with further developing Medius’ existing product suite as well as delivering new products.
Most of Lunar’s existing investors took part in the funding round, the neobank says.
The cash will be used to strengthen its product suite in existing markets and boost its growth across Europe.
Zingmark joins Loomis Pay from Nordea, where he worked for over eight years in various roles.
With the initiative, Klarna hopes to accelerate innovation in the development of open banking use cases.
The layoff comes just two months after it shed 10% of its workforce.
With SEB Embedded, the firm is aiming to become a leading provider in the BaaS market.
A handy round-up of this week’s fintech funding news from around the world.
DBT’s credit analysis tech platform analyses real-time data to provide a more accurate risk assessment for SMEs.
The BNPL giant is planning more cuts after laying off approximately 700 staff back in May.