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SME Lender iwoca Raises New £200 Million Funding Line After Reaching £2.5B in Finance Lent

iwoca, one of Europe’s largest SME lenders, today announces a new funding line with initial commitments of £200 million from Barclays and Värde Partners. 

Tuesday, October 17, 2023 - 10:31
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Financial IT
BigPay Selects Thredd to Power its Payments Processing Across South-East Asia

BigPay, a leading Southeast Asian financial services app, has selected Thredd, a fast-growing ‘next-gen’ payments platform to power its payment capabilities, starting with BigPay’s upcoming expansion into Thailand, with Indonesia and the Philippines following in early 2024.

Tuesday, October 17, 2023 - 10:29
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Financial IT
Prommt Reports 100 per cent Increase in Open Banking Adoption Rates

Leading payment platform Prommt has, today, announced adoption of its Pay by Bank solution has more than doubled, with businesses processing tens of millions per month through open banking across the UK and Ireland,

Tuesday, October 17, 2023 - 10:26
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Financial IT
Target Group Selects Protecht ERM for a Holistic Approach to Risk Management

Protecht, leaders in risk and resilience software, today announces its Enterprise Risk Management (ERM) solution has been chosen by Target Group, an FCA-regulated business and provider of business process servicing and operational transformation for more than 30 top-tier financial institutions globally. 

Tuesday, October 17, 2023 - 10:23
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Financial IT
TSB Partners with Superscript to Offer Insurance to Small Business Banking Customers

TSB, the high-street bank, has chosen Superscript, the insurtech scale-up, to provide its small business banking customers with personalised, flexible business insurance. 

Tuesday, October 17, 2023 - 10:22
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/news/insurtech/tsb-partners-superscript-offer-insurance-small-business-banking-customers
Financial IT
AutoRek Banks Top Prize for Regtech Innovation at the Scottish Fintech Awards

AutoRek, a leading software provider for the financial services sector, has been recognised at the Scottish Fintech Awards for the second year running.

The Glasgow-headquartered company took home the RegTech Innovation award at the ceremony, which was held at Dynamic Earth in Edinburgh on Thursday, 12 October.

Tuesday, October 17, 2023 - 10:17
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Financial IT
Sumsub and NayaOne Team Up to Drive Banking Compliance Innovation

Sumsub, a global full-cycle verification platform, is partnering with NayaOne, a synthetic data provider and leading digital transformation platform for the financial services industry, to support financial institutions across Europe and the United States with their compliance processes.

Tuesday, October 17, 2023 - 10:14
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Financial IT
Broadridge Launches New Fill Matching Platform, Enabling Real-Time Reconciliation for High Volume Trading

Global Fintech leader Broadridge Financial Solutions, Inc., today announced the launch of the NYFIX Fill Matching platform, a new solution complimenting Broadridge’s post-trade NYFIX Matching solution. NYFIX Fill Matching is a FIX based real-time reconciliation product designed for the needs of asset managers with high volume and/or high-touch orders. NYFIX Fill matching is the only platform that matches fills between brokers and asset managers in real-time.

Tuesday, October 17, 2023 - 10:11
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Financial IT
Safexpay Launches NeuX to Digitise Payments and Business Operations of MSMEs and B2B Companies

Safexpay, a leading digital payments company launches NeuX, an enhanced neo banking platform for MSMEs, Corporates and B2B businesses. The new platform aims to solve multiple challenges and digitise the entire business operations. Its objective is to digitally transform the B2B payment and workflow landscape by offering a comprehensive banking and easy business solution management.

Tuesday, October 17, 2023 - 10:10
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/news/e-payments/safexpay-launches-neux-digitise-payments-and-business-operations-msmes-and-b2b
Financial IT
Perfios Announces ESOP Payout worth 154 CR, Creating 62 New Millionaires

Perfios, India's largest B2B SaaS Fintech company, announced an ESOP buyback of equity shares worth INR 154 crore from its 135 employees, resulting in 62 individuals becoming millionaires. The move exemplifies Perfios' commitment of acknowledging and appreciating the exceptional efforts of its workforce, making it a truly people-first and employee-centric organization.

Tuesday, October 17, 2023 - 10:04
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Financial IT

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