Zimpler, a Swedish fintech company providing seamless and secure account-to-account payments, announced today the appointment of Stefan Andersson as its Chief Product Officer. He will take on the role starting 20 March 2023.
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Digital Prime Brokerage, GCEX (GCEX Group) is expanding into the APAC region with the appointment of Sue Cheung as Head of APAC Sales, based in Hong Kong.
The global digital payments market is now estimated to be worth more than the car manufacturing sector, and is expected to reach USD$20 trillion by 2026.
Salv, the regtech start-up founded by former Wise and Skype employees, announces the strengthening of its senior management team with the appointment of Lauri Haav as Chief Growth Officer (CGO), Gristel Tali as Chief Product Officer (CPO), Maarja-Liis Mitri as Chief Financial Officer (CFO), and Kimberli Lis Kopli as Head of People, following its recent €4m seed extension round.
Quant, the blockchain for finance pioneer, has announced its connectivity to the Avalanche blockchain via a new release of its Overledger platform.
The development is part of Quant’s push to make blockchain simple, trusted, and future-proof, allowing firms to launch projects that can work alongside their legacy systems without disruption, as well as across different blockchains.
Concerns around tight personal finances are putting people off using their own credit cards for work expenses, according to research commissioned by Emburse, the global leader in spend optimisation. The research also showed that companies were slow to respond to the demand, despite an increase in expense fraud related to current economic conditions.
Published today, the British Business Bank’s Small Business Finance Markets 2022/23 report shows £35.5bn of bank lending came from challenger and specialist banks in 2022. This exceeded lending by the major banks during the period, giving challenger and specialist banks a 55% share of the market
Gross bank lending increased by 12.8% in 2022, however, net lending fell by £8.5bn in large part reflecting repayment of Covid loans.