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.
Vilja is entering the UK market via a partnership with local mortgage origination platform, Mast.
The companies have until now operated as three separate divisions led by CEO Jerry Young, who is set to retire.
Acworth’s appointment follows Encompass’ recent acquisitions of CoorpID and Blacksmith KYC.
Schmidt will be responsible for leading Tide’s recently announced expansion into the German market.
Due to impact 12% of its total workforce, the proposed job cuts will take effect from 7 May.
Founded in 2020, Novus is the UK’s first B-Corp certified digital bank.
Kennedy has previously held leadership positions at Lloyds, Barclays, Shawbrook Bank and Masthaven Bank.
Fintel has a two-year option to purchase the remaining 30% stake in ifaDASH for an agreed multiple of EBITDA.
GSS says the new funding coincides with its “transition from the development phase to the operational phase”.
Over £1bn of investment has been facilitated to businesses since the launch of the first NPIF in 2017.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Volopa is currently applying for a UK EMI licence, which it expects to be granted this year.
The latest funding will help drive the Manchester-based firm’s expansion into the US.
Equals Group has confirmed it received an “indicative non-binding proposal” about a potential deal.
Concepts concerning the safety and efficiency of payments proved central to the conference’s agenda.
The acquisition will give 7IM a base in the Midlands to broaden the reach of its operations.
The London-based lender provides longer term fixed-rate mortgages and soft launched last month.
KYP will provide Integrated Finance with onboarding, screening and transaction monitoring tech.
Nationwide’s BSL website content is to be provided “in the form of pre-recorded signed videos”.
Daniel Conway and Geoffrey Rowley of FRP Advisory have been appointed as joint special administrators.
Exploring the safe, fast and cost-effective regulatory compliance solution the industry has been looking for.
EML has owned Nuapay since 2021, when it purchased the company in a €110 million deal.
The EMI will initially leverage its partner’s core banking engine to launch virtual IBAN-linked accounts.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The tool will be integrated into Home Wise by Lloyds Bank and HelloHome by Halifax.
With the deal, Anna Money says it plans to introduce a “smart business current account and debit card”.
The restructuring will involve members of three of the five acquisitions it has made in the last four years.
PPRO says it will use the funding to “pursue growth in key markets” and expand its payment solutions.
Nationwide currently operates a 1,200-strong ATM network across the UK.
Tanzania marks the third African country to licence the fintech, following Nigeria and Kenya.
There’s an opportunity for forward-thinking companies to help shape the future of UK fintech.
Raman Bhatia will assume the position “in early summer”, subject to regulatory approval.
Finastra’s tech will enable the bank to deliver instant payment services including FedNow and RTP.
As part of its investment, Estancia Capital Partners will take a minority stake in the company.
The licence approval from the FCA and PRA ends the platform’s year-long mobilisation period.
The UK-based firm will leverage Sentry to streamline and scale its credit investment operations.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Calastone has also hired Adam Belding as chief architect of its Digital Investments programme.
Stawchansky will be responsible for guiding the firm’s customer technology and GenAI development plans.
The deal has yet to be finalised and Nationwide has until 4 April to put a final offer forward.