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Satispay Exceeds €1 Billion Valuation and Becomes a Unicorn

Satispay— an innovative payment super network announces a €320 million Series D investment round, led by Addition, taking its valuation to more than €1 billion.  Greyhound Capital, shareholder since 2018, will follow and increase its stake in the company. Other participating investors include Coatue, Lightrock, Block Inc., Tencent and Mediolanum Gestione Fondi SGR, who all joined in 2021.

Wednesday, September 28, 2022 - 11:16
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Financial IT
Source of Funds Experts Armalytix Raises New Capital to Improve AML Checks

Armalytix, which streamlines data collection and intelligence to provide financial insights for AML checks to the professional, financial service and betting and gaming sectors, has completed a targeted raise of $ 1 million, to further strengthen its unique Source of Funds offering.

Wednesday, September 28, 2022 - 11:12
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Financial IT
ICE on Financial Service Trends and Why Machine Will Never Replace Man and ETF Futures

Ahead of its November conference happening in Singapore, the Fixed Income & FX APAC Summit team spoke to Magnus Cattan, who has been in the financial services industry for 23 years. Starting his career working in fixed income pricing, analytics and data collection in London, he became fascinated with fixed income in Asia early while working on his first project early in his career. Today, Magnus Cattan is the VP at ICE Fixed Income & Data Service APAC.

Wednesday, September 28, 2022 - 11:04
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Financial IT
Facctum Achieves ISO 27001 Certification

Facctum, a regtech company specialising in cloud-delivered enterprise risk decisioning technology, today announces its completion of the ISO 27001 certification programme. With this achievement, the company will be able to address the primary SaaS data security and governance considerations of financial institutions.  

Wednesday, September 28, 2022 - 10:51
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Financial IT
New Mollie Research Finds Payments Key for UK Merchants to Grow Internationally

Mollie, a pioneer in the payments industry and one of Europe’s fastest-growing financial services providers, today unveiled further UK findings from its European Ecommerce Report.

Wednesday, September 28, 2022 - 10:45
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Financial IT
British Business Bank Supporting More than 96,000 Businesses with £12.2B of Finance Through its Core Programmes, with an Above Target Adjusted Return of 18.2%

Catherine Lewis La Torre, CEO, British Business Bank, said: “The British Business Bank has successfully delivered against the strategic priorities we set at the beginning of the year.

“We have increased our impact and market reach to smaller businesses across the UK’s regions and Nations and designed innovative programmes while at the same time generating an attractive return on capital employed.

Wednesday, September 28, 2022 - 10:41
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Financial IT
Chase Exceeds One Million UK Customers as it Marks First Year Anniversary

More than one million U.K. customers now bank with Chase, just 12 months after opening its digital bank in the U.K.

On its first anniversary, Chase now holds over £10 billion* in customer deposits in the U.K. and has processed approximately 92 million card and payment transactions since launch.

Wednesday, September 28, 2022 - 10:31
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Financial IT
Experian Fraud Score Aims to Boost Fraud Prevention in the UK

Experian has announced the launch of Experian Fraud Score, a next-generation fraud prevention solution which will help businesses of all shapes and sizes to detect fraud at the point of application, transaction and throughout the customer lifecycle.

The service is independent of any data consortium membership, allowing organisations to have access to an advanced fraud prevention score ‘out-of-the-box’.

Wednesday, September 28, 2022 - 10:25
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Financial IT
wefox Calls on Insurance Industry to Improve Customer Experience

wefox, the world’s leading insurtech, has published today the ‘Global Safety Report’. The results show widespread dissatisfaction and lack of trust in the global insurance industry in an era when the customer experience is at a click of a button.

Wednesday, September 28, 2022 - 10:14
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Financial IT
Leading Embedded Finance Platform, Liberis, Secures an Additional £140M from Barclays to Fund SMEs

Liberis, a leading global embedded business finance platform, today announced that they have secured £140m in financing from Barclays Bank PLC and BCI Finance to help secure it

Wednesday, September 28, 2022 - 10:06
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Financial IT

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