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Kerv, the next-generation, customer-first cloud & digital transformation services provider, has today announced the acquisition of the Communications Compliance Practice business of TDS Global Holdings, to significantly enhance its capabilities in FCA regulated compliance services. The acquisition will take the total Kerv business to over £60m turnover and more than 500 staff and create the leading compliance technology practice serving the UK’s Tier 1 banking and financial services sector.
Amid a reported downturn in the fintech sector, Plug-and-Play Finance provider, Weavr, is finding no drop in demand for its solutions and is continuing to forecast rapid growth.
SaaS Fintech Griffin Secures Additional $15.5 Million in Funding in Quest to Become the Bank Fintechs can Build on
TS Imagine, a global leader in trading, portfolio, and risk management solutions for capital markets, today announced strong growth during the first half of 2022, a year after Trading Screen and Imagine Software merged to become TS Imagine.
Partnerships
Marble and Gemini to Offer Cryptocurrency Rewards for Insurance
ID-Pal, the global identity verification provider, today announced a €7 million (£6 million) Series A funding round to further fuel expansion into international markets.
The round was led by Inspire Investments with confidence shared by Act Venture Capital who has now participated in ID-Pal’s last two rounds. Inspire Investments is led by Derek Delaney, CEO of Waystone, and is the private holding company for the management of Waystone.
ING and NXP Semiconductors have developed a payment method that involves pointing your mobile phone in the direction of the person you’re paying. The method is called NEAR and was developed by ING Factory, ING’s workshop for technological customer and payment innovations. ING and NXP are collaborating with Samsung to ensure that the payment method is compatible with their devices. This first peer-to-peer payment application involves making a payment by holding a phone close to another phone.
Freedom Finance, one of the UK’s leading digital lending marketplaces, is delighted to announce that Emma Steeley will be joining the company as CEO, starting from today.
After raising $120 million in a Series C fundraising round led by Dai-ichi Life Insurance Company, the UK-based insurance company YuLife is poised for global expansion.
YuLife's life insurance product allows policyholders to do ordinary wellness activities to earn YuCoin, which they can use to purchase gifts for themselves, friends, and family, or to better the world by planting trees and donating to charity.