The government has announced the launch of a national hub for FinTech, named the Centre for Finance, Innovation and Technology (CFIT), to drive the growth of the sector on a global scale. 

CFIT is supported by £5.5 million of Treasury and City of London Corporation funding and will boost growth and innovation, championing businesses and fostering job creation across the sector.  

1. Can you describe how open banking has improved 365 Business Finance’s own processes and speed of lending? 

ImaliPay, a leading global fintech-as-a-service provider, has signed a major deal with 3rd Party e-commerce fulfilment solution Renda.

Zimpler, a Swedish fintech company providing seamless and secure account-to-account payments, announced today the appointment of Stefan Andersson as its Chief Product Officer. He will take on the role starting 20 March 2023.

Digital Prime Brokerage, GCEX  (GCEX Group) is expanding into the APAC region with the appointment of Sue Cheung as Head of APAC Sales, based in Hong Kong.

The global digital payments market is now estimated to be worth more than the car manufacturing sector, and is expected to reach USD$20 trillion by 2026.

Feedzai, the market leader in fighting financial crime with AI, has joined the Global Anti-Scam Alliance (GASA) – a not-for-profit organisation whose goal is to protect consumers across the world from scams – as a corporate member.

Salv, the regtech start-up founded by former Wise and Skype employees, announces the strengthening of its senior management team with the appointment of Lauri Haav as Chief Growth Officer (CGO), Gristel Tali as Chief Product Officer (CPO), Maarja-Liis Mitri as Chief Financial Officer (CFO), and Kimberli Lis Kopli as Head of People, following its recent €4m seed extension round.

Quant, the blockchain for finance pioneer, has announced its connectivity to the Avalanche blockchain via a new release of its Overledger platform.

The development is part of Quant’s push to make blockchain simple, trusted, and future-proof, allowing firms to launch projects that can work alongside their legacy systems without disruption, as well as across different blockchains.