Osu, the payment app for the UK’s self-employed, has today announced the close of a £2.25million seed round, led by early-stage experts Creandum, to fund further growth to reach 10,000 customers this year. 

Launched in 2020 by co-founders Noam Nevo, Daniel Scott and Alon Zion, Osu is transforming the way the self-employed accept and manage their payments through its seamless and intuitive app. 

LOWES, the leading UK independent financial adviser that champions retail structured financial products, has collaborated with Mariana Capital in conceiving and launching the latest in the series of 8:8 Plans.

Following Investec’s recent withdrawal from the UK Retail Structured Products sector, Lowes Structured Investment Centre, has turned to Mariana Capital for the latest innovative 8:8 Plan utilising Morgan Stanley as counterparty.

Organised crime is the biggest compliance-related fear facing firms, but almost half of organisations do not have a fully integrated client monitoring solution as part of their risk management process, according to a new survey by NorthRow.   

The CISI confidence indicator (the sum of positives less the sum of negatives) is 6, reflecting the same level of positivity recorded for the same survey during winter 2015. The poll has been conducted on average every six-12 months since spring 2012.

Positive respondents’ comments included:

The Board of Managing Directors of Commerzbank AG has decided to postpone the Annual General Meeting (AGM) originally planned for 5 May 2021. The postponement is due to the ongoing restaffing on the Supervisory Board. The company aims to hold the AGM in short term and publish the necessary election proposals with the invitation.
 

Today, Creditinfo Group – the leading global credit information and decision analytics provider – announced that is has increased its stake in JSC “Kredītinformācijas Birojs” (KIB) to 51%, becoming the majority shareholder.  

Earlier this month, the US private equity fund Levine Leichtman Capital Partners (LLCP) became the majority shareholder of Creditinfo Group. As the result of that transaction, the share capital of the KIB joint stock company was increased, with ABLV Bank selling its shares.

OneStream Software, a leader in corporate performance management (CPM) solutions for mid-sized to very large enterprises, announced a new OneStream MarketPlace solution that helps organizations provide control and governance over application change requests.

With major institutions like HSBC and Lloyds announcing large cuts to their office footprint, there has been renewed speculation across the financial world about the long-term future of the office.

 The Facts 2021’ report this afternoon, which finds criminals turned to online and technology-enabled scams to exploit people’s fears about the Covid-19 pandemic last year, please find comments below from Dan Holmes, Director, Solutions Consulting EMEA, and Kate Dunckley, Senior Solutions Consultant both at LexisNexis Risk Solutions.

Beyond AML, global RegTech solution provider and innovator in data-driven transformation for financial institutions, celebrates its 1 st Birthday this March.

Despite the ongoing impact and disruption of Covid-19 for businesses globally, Beyond AML celebrates the anniversary of their incorporation on the 18th March 2021.