The British Business Bank has appointed Kristen McLeod CBE as its new Chief Strategy Officer, effective from September 2024.

Kristen joins the British Business Bank from HM Treasury, where she has served as Advisor to the Chancellor of the Exchequer on Growth, Investment and Business since October 2022. That role involves supporting the Chancellor to develop his growth strategy for the UK economy.

ThreatLocker®, a global cybersecurity leader that offers a Zero Trust endpoint security solution, today announced it has raised $115M in Series D funding led by existing investor General Atlantic, a leading global growth equity firm, with participation from other major investors StepStone Group and the D. E. Shaw group.

Stripe, a financial infrastructure platform for businesses, today announced more than 50 new features at its annual user conference, Stripe Sessions, held at the Moscone Center in San Francisco.

Last year, Stripe processed more than $1 trillion in payments for millions of users, from the fastest-growing startups to the largest enterprises. The features announced today focus on helping them accelerate their growth.

Flutterwave, Africa’s leading payments technology company, has partnered with payment processing specialist, Acquired.com, to help users process domestic card payments on Send App, Flutterwave’s flagship remittance product.

Payhawk, a global spend management solution for domestic and international businesses throughout the U.S., U.K., and Europe, today announced a new integration with American Express to offer U.S. Business and Corporate Card Members the ability to issue virtual cards with built-in spend controls and manage business spend globally – all while earning the rewards of their eligible American Express Card when making virtual Card payments. To achieve this integration, Payhawk is participating in the American Express Sync Commercial Partner Program.

Newbury Building Society is an independent, mutual society that has been providing mortgages and savings for its members for more than 165 years. Through its ten branches in Berkshire, Hampshire, and Oxfordshire as well as its online services, the Society currently serves over 75,000 members.

Fireblocks is proud to introduce new security features to its DeFi suite: dApp Protection and Transaction Simulation. As the DeFi sector experiences unprecedented growth, the need for proactive security measures has never been more critical. With attackers taking advantage of DeFi’s technical and opaque characteristics, Fireblocks’ new security features aim to empower institutional firms with real-time threat detection, clear insights into contract calls, and preventative measures against malicious activities.

Cytora has announced the expansion of its global advisory board in welcoming commercial insurance veteran James Platt. The move is designed to support Cytora’s global growth. 

Mollie, one of Europe's fastest growing financial service providers, today published its 2023 financial results. In 2023, Mollie posted a net revenue of €99 million, a growth of 36 percent compared to 2022. This is due in part to attracting new and larger customers, investing in new products such as Mollie Capital, in-person payments, and accelerating international expansion in Germany, France and the UK.

The Bank of London today launches the TBOL® Artificial Intelligence code assistant, using generative AI capabilities powering clients and developers to build at speed, applications, products and services via The Bank of London’s API.

TBOL® AI has been initially developed to support the bank’s Developer Studio, which gives businesses access to one of most comprehensive, modern, and flexible API offerings for embedded banking in the UK.