FlexTrade Systems, a global leader in multi-asset execution and order management systems, and LSEG have today announced a partnership to deliver FlexTRADER EMS clients seamless access to FXall, LSEG’s leading electronic trading platform for global currency products. The move is designed to support regulated FX flows and further enhance the capabilities of FlexFX as part of FlexTrade’s buy-side multi-asset trading platform.  

Deloitte, the leading global professional services firm, is partnering with Fintech Saudi to foster the growth of emerging companies in Saudi Arabia’s financial technology sector through the Makken Program. Saudi Fintech is an initiative by the Saudi Central Bank in collaboration with the Capital Market Authority, aiming to transform Saudi Arabia into an innovative fintech hub with a thriving and responsible fintech ecosystem.

Digital identity company Yoti has received £12.5 million in debt funding from HSBC, and a further £7.5 million in convertible debt funding from existing shareholders. The £20 million funding will support the continued growth of the company through to achieving profitability and beyond.

Apple’s recent product event unveiled the super-speedy M3 chip to the world, promising turbocharged processing speeds and transforming future app capabilities. But it’s Apple’s launch of iOS 17.1 and its new iPhone Wallet app – now integrated with the UK’s Open Banking framework – that’s set to change the way we pay. Combined with Apple’s Tap to Pay tech, which transforms an iPhone into a contactless POS terminal, is Apple on the verge of global payment domination? 

Updraft, a well-known consumer lending FinTech, has raised a substantial £272m.

The financing comprises a £250m forward flow arrangement with Jefferies Financial Group and Santander Corporate and Investment Banking, along with senior financing from Santander CIB. Additionally, the company raised a further £22m in Mezzanine and equity investment led by Quilam Capital, MoreThan Capital, LC Nueva AIF, and Auluk Investments.

NexPay, a rapidly growing fintech company, is revolutionizing international student payments to make studying abroad more accessible and hassle-free. They recognized the need for a comprehensive financial crime prevention and real-time transaction monitoring solution.

In the dynamic realm of finance, the emergence of Embedded Finance is reshaping the landscape for non-financial institutions (NFIs), presenting a transformative solution to the challenges they face in creating seamless and efficient financial interactions within their platforms. 

Trigger Software presents a Neobank Engine solution powered by Mambu, a leading cloud banking platform, to enable the rapid launch of digital neobanks.

By default, Mambu is a cloud-native, API-driven cloud banking platform. Mambu offers composable banking architecture with a single code base, publicly available APIs, and regular releases. Mambu has 260+ customers across the globe, serving 100M end-users in 65 countries.

nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced an expanded partnership with Salesforce to accelerate the delivery of best-in-class cloud solutions to the financial services industry. This builds on nCino and Salesforce’s long-standing collaboration, established in 2011, to empower financial institutions with digital innovations that increase efficiency, transparency, and reduce risks while driving customer growth and loyalty.