Zopa Bank has surpassed £4 billion in customer deposits just under four years since getting its banking license.

The ISA market has been particularly enticing to consumers looking for a tax efficient way to save. Bank of England statistics show that UK savers have been consistently moving ~£3 billion per month into ISAs for several months now, buoyed by higher interest rates.

Lena Hackelöer, Founder & CEO of Brite Payments, has been recognised by Women in Payments with the ‘Inspiration Award’ at the recent Women in Payments EMEA Awards. The awards, which were presented as part of the Women in Payments EMEA Symposium, recognise payment industry professionals for their leadership, innovation, commitment to strengthening the industry, and for advocating for the success of women in the payments ecosystem. 

Globacap, the private capital markets technology firm, has today announced the appointment of Brian Schwieger as Chairman, assisting Globacap to accelerate its scaling journey.

Finxact, a Fiserv company and leading provider of the next-gen core banking platform to the U.S. regional and super-regional banking sector, and Zafin, a leading provider of SaaS core modernization and transformation solutions for banks, are revolutionizing how financial institutions approach core transformation projects.

Payment facilitators working with the Worldpay® PayFac™ suite of services to operate their payments services can now enable Tap to Pay on iPhone for their merchants. Two PayFac partners, Fullsteam and Autobooks, have launched the new service from Worldpay, which allows their merchants to use an iPhone to securely accept contactless payments including contactless credit and debit cards, Apple Pay and other digital wallets—no additional hardware needed.

Uplinq Financial Technologies, the first global credit decisioning support platform for small business lenders, today announced the addition of global banking and payments executive Matt Baker, former North America Head of Small Business, Visa Commercial Solutions, as a strategic advisor. Baker’s appointment signifies Uplinq’s continued growth and its commitment to expanding access to working capital for small businesses globally.

Altruist, the modern custodian built for RIAs, today announced a $169M Series E round of funding led by ICONIQ Growth with participation from new investor Granite Capital Management, and continued support from existing investors Adams Street Partners and Sound Ventures. The new round brings the company’s total funding to over $450M and values the company north of $1.5B. In conjunction with the funding, Yoonkee Sull, General Partner at ICONIQ Growth, will be joining the board of directors.

Cobo, a leading provider of digital asset custody solutions, today announced a strategic partnership with XLink, a pioneering intent-based omnichain Bitcoin liquidity network and a subsidiary of ALEX, the leading DeFi platform on Bitcoin.

Yuno, the leading global payments orchestration platform, today announces a strategic partnership with Kushki, a payments technology company that connects Latin America through payments, to optimize the digital payments ecosystem, improve the purchasing experience and reduce transaction costs in the region.