Proportunity, a London-based neolender, today announces it is working on bringing the UK’s first zero deposit mortgage product to market later this year. The announcement was made as part of its crowdfunding campaign with Seedrs to grow the business and help more people in the UK become homeowners sooner.

Nexi S.p.A. ("Nexi" and, together with its subsidiaries, "Nexi Group") announces that Nets CEE d.o.o., a company under Croatian law, part of Nexi Group and a subsidiary of Concardis Holding GmbH, reached an agreement with Privredna Banka Zagreb d.d. ("PBZ Bank") and PBZ Card d.o.o. ("PBZ Card") - a company under Croatian law, indirectly controlled by Intesa Sanpaolo S.p.A.

PPRO, the leading provider of digital payments infrastructure, has appointed former Wayfair Europe finance chief Rahul Raswant as its new Chief Financial Officer. Rahul takes over the position from Götz Möller, who is stepping down after more than three years at the company. Rahul brings diverse international experience to the role. Prior to joining PPRO, he was the European Head of Finance at Wayfair for three years.

ION Markets, a global provider of trading platforms, analytics, and risk management solutions for capital markets, is delighted that ION MarketFactory won Best Managed Services Solution for Trading at the TradingTech Insight (TTI) USA Awards 2022.

BMLL Technologies has won the “Best Management Services Solution for Market Data” award at the TradingTech Insight Awards USA 2022. The award recognises technology providers and vendors offering exceptional and innovative trading infrastructure and data solutions dedicated to the challenges faced by firms operating in the US trading environment. 

BMLL was awarded “Best Management Services Solution for Market Data'' for the expansion of its world-class product offering to include global futures. 

Babel Finance, announced late last month that it had secured $80 million in a fresh investment round, valuing the crypto lender and asset manager at $2 billion. Jeneration Capital, Circle Ventures, and 10T Holdings joined current investors Dragonfly Capital and BAI Capital in the Series B investment round. A number of family offices from the Asia-Pacific area also participated in the round, according to Babel.

Fintech startup Banfico provides Software-as-a-Service (SaaS) solutions to its client banks in alignment with the United Kingdom (UK)’s Open Banking mandate. To deliver its services at the pace of market demand while maintaining compliance with the latest industry standards, Banfico sought to adopt a fully managed cloud application platform. With Red Hat OpenShift Service on AWS, the company can rapidly build new applications with self-service provisioning and automated management processes and scale across cloud providers and regions.

It’s no surprise that Apple has introduced a buy now, pay later (BNPL) solution with Apple Pay Later, with BNPL offering an efficient and user-friendly way for consumers to make purchases of any size.

Scaleway, the cloud of choice, today releases the latest generation of high-end production instances, PRO2, powered by 3rd Gen AMD EPYC™ 7003 processors. This processor is only available by complete cloud ecosystems, and Scaleway is the only European provider currently selling them. The new line offers flexible ratios of CPU to RAM to cover all customers' infrastructure needs.