Two-thirds of Brits have used or plan to use retail credit during the Christmas season. Moneyhub’s Christmas Retail Credit Report reveals that retail credit users spend an average of £1,012.55 over the holidays, with £759.71—nearly three-quarters—financed through retail credit. It also highlights how Open Banking can help lenders and retailers better serve customers and manage lending risks.

Tide, the leading business financial platform in the UK, has launched an automated carbon calculator developed in partnership with carbon measurement pioneer Connect Earth. The new tool will allow Tide’s 650,000 UK members (customers) to view an estimated and categorised understanding of their carbon emissions. 

finova Broker, formerly known as eKeeper Group, today launches as a dedicated arm of the finova brand, bringing a fresh, focused approach to supporting the needs of the intermediary sector.

The launch of finova Broker as a distinct entity within the finova group is a natural evolution in the company’s commitment to mortgage brokers. As a result, there will be strengthened investment in tailored CRM solutions designed to meet brokers' unique challenges and opportunities.

Cardo AI, a next generation asset-based finance and private credit technology platform, has completed its $15mn Series A round. The investment was co-led by Blackstone Innovations Investments, Blackstone's early-stage strategic investment arm, FINTOP Capital and JAM FINTOP. Andy Horwitz and Kevin MacDonald, co-founders of Black Mountain Systems, also participated in the round.

tell.money, a leading provider of open banking solutions, today announces its appointment as the official open banking gateway provider for Monese, the award-winning mobile money app. This strategic partnership arrives at a crucial time when embedded finance solutions are experiencing unprecedented growth in the UK and EU markets.

Inn-Flow, the all-in-one operations software for hoteliers, announces its new integration with DailyPay, a worktech company and leading provider of earned wage access. This new integration allows hotel owners, managers, and operations teams to offer staff choice and control over their earned pay, increasing employee satisfaction and boosting their financial flexibility.

New Africa Technology (NAT), a fintech company based in Senegal, joins forces with Mastercard to introduce a virtual and physical prepaid card for individuals through NAT’s existing digital wallet solution, ‘’Flash’’. This collaboration aims to transform the payment landscape in Senegal, Côte d'Ivoire, and Benin.