Mambu, a leading cloud banking platform, announces the appointment of Mark Geneste as Chief Revenue Officer to lead its commercial team. Geneste’s appointment is expected to drive growth and strengthen Mambu's position in the market, further enhancing its reputation as a leader in the banking technology sector.

Allica Bank has partnered with leading title insurance provider Westcor International to introduce their Perfect Title insurance product across its commercial mortgage range from 1st July 2024.

The move will help to significantly reduce lending times for new property purchases up to a maximum value of £1.5 million with an LTV of up to 60%. It will also apply to any refinance application, regardless of loan amount or LTV.

Bloomberg today announced the release of new tools to help investors measure, manage and report on the sustainability characteristics of investment portfolios. The tools are accessible within Bloomberg’s widely-used portfolio and risk analytics solutions, PORT, which is available to all Terminal users, and the premium offering PORT Enterprise, for those seeking an integrated enterprise reporting solution.

Oxbury, Britain’s first and only fintech 100% dedicated to farming, with a full UK banking licence and powerful AgTech proposition supporting agriculture’s critical transition to net zero, has reported is financial results for 2023, achieving annual profitability for the first time – with over £3 million of pre-tax profit. 

The latest Lloyds Bank Business Barometer has found that overall business confidence fell by 9 points to 41% in June. Despite falling from last month’s highs, this latest confidence reading is consistent with levels seen during Q1 2024, before the sharp rise in May.

Roger Morris has been unveiled as Chetwood Financial’s Group Distribution Director.

Morris is one of the most well-known and respected voices in the UK’s mortgage industry. In a career stretching back more than 30 years, he has held a number of senior positions. He co-founded em Financial in 2001, before joining Affirmative Finance as Sales & Marketing Director in 2008.

Feather, the pioneering digital insurance platform tailored for European expats, announced today the successful closure of a €6 million funding round. This investment was led by Keen Venture Partners, with significant participation from Plural and senior leaders from industry giants including Allianz, AXA, and Bastian. Notable investors joining Feather’s cap table include Monzo founder Tom Blomfield, Matt Robinson of GoCardless and Nested, N26’s CTO Gino Cordt, and Oyster founder Tony Jamous.

Rainforest, a payment provider purpose-built for software platforms, today announced it has raised an oversubscribed $20 million Series A funding round led by Matrix Partners.