Synaptic, a leading alternative data insights start-up, announced today the successful closure of $20 million in Series B funding round led by Valor Equity Partners. Synaptic combines the best of technology, machine learning, and finance to bring sophisticated alternative data insights to decision-makers.  

Gate.io, one of the world’s earliest cryptocurrency exchanges and a leader among digital asset platforms, is celebrating its 9th birthday starting today, on May 30th, 2022.

Global Processing Services (GPS), a leading global payment technology platform, has today announced the appointment of Jill Docherty as Director, Global Partnerships. Based in London, Jill sits on GPS’ global executive committee and is responsible for identifying, leading and managing all GPS ecosystem partners, facilitating collaboration to drive innovation and growth for GPS and its customers.

Atom bank, the Durham-based fintech, is today reducing headline rates across its fixed-rate commercial mortgage products by up to 0.75%.

Atom, which last year hit £1bn in balance sheet lending to SMEs, is providing a special offer to help ease the pressure on small and medium-sized businesses (SMEs) who are grappling with the highest base rate since February 2008, rising inflation and increased business castoffs.

As inflation rises and the economy fluctuates, a significant number of consumers are beginning to look for alternative ways of banking and managing their finances. This is where fintech comes into play, as it offers a wider range of services that align with the needs of modern consumers. The fast-growing industry covers most financial services that are available online, from digital lending and mobile banking to cryptocurrency and insurance.

It’s been two months since PSD2 enforcement started in the UK, and we have taken a look at data from merchants to see what patterns are emerging and what we can learn.

PPS, an Edenred company, and the UK and Europe’s market-leading payments provider, today announces an exciting new step in its long-standing relationship with the UK Post Office.

Individuals and small businesses using PPS services can now deposit cash instantly to their accounts at 11,500 post offices across the United Kingdom.

Tech-focussed investment bank ICON Corporate Finance has acted as corporate development adviser to global software company TimeXtender in its investment from leading Nordic growth equity investor, Monterro. 

Worldline, a world leader in payment services, is deploying Open Payment on the Lyon public transport network (TCL) for SYTRAL Mobilités, France's second-largest mobility organising authority, to simplify the purchasing process and offer more freedom to travellers in the 73 communes served.

Construction technology provider Causeway Technologies has acquired Yotta, a global provider of connected asset management software and services, from AIM-listed Oxford Metrics.