Finastra, a global provider of financial software applications and marketplaces, today announced that Loughborough Building Society has selected Essence, deployed on Microsoft Azure cloud, to increase its operational efficiency and future-proof its offering.

Fintech revenues are projected to grow sixfold from $245 billion to $1.5 trillion by 2030, according to a report from Boston Consulting Group (BCG) and QED Investors.

Tools for Brokers, a leading technology provider for retail brokers and hedge funds, announced the appointment of Michael Levine as the company’s Head of the UK office. 

Digital account provider, Frost has confirmed that it has exceeded its fundraising target on crowdfunding platform, Seedrs. Over a four-week period, the Manchester-based startup has raised a total of £1.87 million. 

LHV Bank, a leading provider of Banking Services and SME Lending solutions, announces it has been authorised as a credit institution by the Prudential Regulation Authority (PRA), becoming the first institution to receive a banking licence without restrictions in 2023.

Spectrum Markets (‘Spectrum’), the pan-European trading venue for securitised derivatives, today announced UniCredit Bank AG (hereafter referred to as ‘UniCredit’) as its newest member.

The pan-European bank will initially list a series of constant leverage warrants and covered warrant products, making these available to retail investors across Europe via their broker or bank.

Philly-based insurtech startup, Propeller Inc., is pleased to announce its partnership with the National Association of Professional Insurance Agents (PIA) as a recommended surety and fidelity bond platform. 

Corserv, a company that empowers banks and fintechs with innovative payment card issuing solutions, announces that inbanx, a modern platform to manage business budgets and digital payments, will integrate Corserv’s modern payment card issuing platform, Payment Cards as a Service API (

Nomba, a payment services provider aimed at African businesses, has raised $30m for its pre-Series B funding round.

The investment was led by San Francisco-based Base10 Partners, with commitments also coming from Helios Digital Ventures, Shopify, Partech and Khosla Ventures.

Gappify, Inc., a leading provider of next-generation accounting automation solutions for corporate accounting teams, announced today that it has raised $10 million in Series B financing. The round was led by FINTOP Capital, with participation from Rally Ventures, Stage 2 Capital, SaaS Ventures, and Pasudeco & Co. As part of the transaction, FINTOP’s Jared Winegrad, General Partner, will join Gappify’s Board of Directors.