Online-only or ‘faceless’ banks are becoming a more familiar part of the UK banking landscape, with increasing numbers of businesses managing their finances through digital-only providers like Starling or Monzo.
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Almost Half (46%) of UK Business Leaders Trust Digital-Only Banks as Much as Traditional Banks
Wednesday, August 7, 2024 - 10:43
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/news/digital-banking/almost-half-46-uk-business-leaders-trust-digital-only-banks-much-traditional
Financial IT
Brankas and Boost Capital: Transforming the Lending Landscape in Southeast Asia with API-Powered, Chat-Based Loans
Brankas and Boost Capital have launched LoanLink, the first chat-based lending solution of its kind in Southeast Asia. LoanLink provides a user-friendly chat interface that facilitates seamless integration and instant loan applications.
Wednesday, August 7, 2024 - 10:34
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/news/lending/brankas-and-boost-capital-transforming-lending-landscape-southeast-asia-api-powered
Financial IT
Mondu Secures EMI License for Further Expansion Across Europe
Mondu BV, the fast-growing B2B Fintech, has secured an Electronic Money Institution (EMI) License from De Nederlandsche Bank (DNB) in the Netherlands. The license will accelerate Mondu’s expansion across Europe while enabling the company to evolve even faster, support more customers, and launch complementary payment services like eWallets and Credit Cards.
Wednesday, August 7, 2024 - 10:20
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/news/payments/mondu-secures-emi-license-further-expansion-across-europe
Financial IT
finova Broker CRM Integrates with Payment Provider Cashflows
finova Broker, formerly the eKeeper Group and part of finova, the UK’s largest cloud-based mortgage and savings provider, has announced its successful integration with Cashflows, the platform that makes it easier to accept payments digitally. This new feature allows mortgage brokers to seamlessly take payments for administration and processing fees directly within the finova Broker CRM or passed directly to the customer via an email link.
Wednesday, August 7, 2024 - 10:10
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/news/payments/finova-broker-crm-integrates-payment-provider-cashflows
Financial IT
Rathbones Live with Iress’ Xplan
Iress today announces that Rathbones Group PLC (Rathbones) is now live on its Xplan advice software to support Rathbones' current financial planning business. Xplan will also be the financial planning platform of choice for Rathbones' upcoming integration with Investec Wealth & Investment, further enhancing the firm’s digital capabilities and enabling improved operational efficiency and client service.
Wednesday, August 7, 2024 - 10:02
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/news/wealth-management/rathbones-live-iress-xplan
Financial IT
Octane Raises $50 Million in Series E Funding Round
Octane® (Octane Lending, Inc.®, the fintech revolutionizing the buying experience for major recreational purchases, announced that it has closed its Series E funding round with $50 million in new equity capital. Octane has raised $242 million in total equity funding to date.
Tuesday, August 6, 2024 - 16:04
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/news/fundraising-news/octane-raises-50-million-series-e-funding-round
Financial IT
Qardy Secures 7-Figure Pre-Seed Round to Transform Lending Marketplace in MENA, Backed by Key Investors
Qardy, the first digital lending marketplace in Egypt and the MENA region for financial institutions to fund MSMEs (Micro, Small, and Medium Enterprises), is proud to announce that it has successfully secured a $ 7-figure pre-seed round of investment, with participation from White Field Ventures and Vastly Valuable Ventures among other Angel Investors. This significant milestone underscores the confidence that investors have in Qardy’s innovative approach to financial services and its potential for growth.
Tuesday, August 6, 2024 - 15:30
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/news/fundraising-news/qardy-secures-7-figure-pre-seed-round-transform-lending-marketplace-mena
Financial IT
BMG Money and WebBank Join Forces to Expand Financial Inclusion Nationwide
Tuesday, August 6, 2024 - 15:18
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/news/digital-banking/bmg-money-and-webbank-join-forces-expand-financial-inclusion-nationwide
Financial IT
Microsoft and dLocal Forge Strategic Partnership to Harness Artificial Intelligence in Fintech in Uruguay
Microsoft and dLocal are thrilled to announce a landmark partnership to integrate cutting-edge Artificial Intelligence solutions into the financial technology sector. The partnership was announced at an event held at Microsoft’s AI Innovation Lab in Montevideo today.
Tuesday, August 6, 2024 - 15:14
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/news/artificial-intelligence/microsoft-and-dlocal-forge-strategic-partnership-harness-artificial
Financial IT
Entersekt Appoints Tony Bakshi as Chief Financial Officer
Entersekt, The Financial Authentication Company, today announced the appointment of Tony Bakshi as its new Chief Financial Officer.
Tuesday, August 6, 2024 - 14:53
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/news/people-moves/entersekt-appoints-tony-bakshi-chief-financial-officer
Financial IT
