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Payhawk Becomes First Ever Bulgarian Unicorn After Raising $100m in a Round Led by Lightspeed Venture Partners, Valuing the Company at $1bn

●      The additional funding extends Payhawk’s Series B round to $215m. This comes only three months after the first wave of Payhawk’s Series B, which was the second largest Series B for a B2B company in Central and Eastern Europe

●      The company has raised an additional $100m in a round led by Lightspeed Venture Partners at a valuation of $1bn. As a result, Payhawk becomes the first ever Bulgarian unicorn

Tuesday, March 1, 2022 - 10:29
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/news/payments/payhawk-becomes-first-ever-bulgarian-unicorn-after-raising-100m-round-led-lightspeed
Financial IT
Capital Bank of Jordan launches Blink neobank using Codebase Technologies DigibancTM platform.

Capital Bank of Jordan partnered with Codebase Technologies to build Blink, the first digital-only neobank in Jordan. The project officially commenced in late 2021 and in February 2022, Blink went live for Jordanian customers.

Tuesday, March 1, 2022 - 10:27
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/news/digital-banking/capital-bank-jordan-launches-blink-neobank-using-codebase-technologies
Financial IT
Best Is Yet to Come - 61% in Financial Services Organizations Use, or Plan to Use, Artificial Intelligence, but 31% Still Waiting for Return on Investment

Report highlights how AI is used today and its future integration into the business strategies of financial services organizations 

Tuesday, March 1, 2022 - 10:15
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/news/artificial-intelligence/best-yet-come-61-financial-services-organizations-use-or-plan-use
Financial IT
TSB Partners with Farewill to Offer Customers Simple and Affordable Wills and Probate Services
  • Three in five (over 30 million) UK adults do not currently have a will 

  • TSB partners with Farewill to empower customers to take control of their finances and protect their loved ones 

  • Customers will be able to write a will in as little as 15 minutes and at a 10 percent discounted rate - half the cost of traditional providers  

Tuesday, March 1, 2022 - 09:42
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/news/banking/tsb-partners-farewill-offer-customers-simple-and-affordable-wills-and-probate-services
Financial IT
GBPUSD Downtrend Continues Targeting 1.3168 Weekly Support

 

Tuesday, March 1, 2022 - 09:30
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/blog/stocks/gbpusd-downtrend-continues-targeting-13168-weekly-support
Financial IT
Equity Investment in Smaller Businesses Doubled in 2021, Finds Latest British Business Bank Research

̶   Equity investment in smaller businesses surged 130% to £14bn in the first three quarters of 2021 relative to the same period in 2020 (£6.1bn) and on course to double compared to 2020[1]

̶   Bank lending returned to close to pre-pandemic levels, with 2021 lending down 45% from 2020

Tuesday, March 1, 2022 - 09:30
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/news/investment/equity-investment-smaller-businesses-doubled-2021-finds-latest-british-business-bank
Financial IT
Banking Competition Remedies Ltd (BCR) publishes progress updates
  • Pool A, B, C, D & F Capability and Innovation Fund recipients provide quarterly updates on Public Commitments
  • Incentivised Switching Scheme residual funds recipients provide final progress updates on Public Commitments

Progress updates for Pool A, B, C, D & F recipients

Tuesday, March 1, 2022 - 09:08
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/news/banking/banking-competition-remedies-ltd-bcr-publishes-progress-updates-0
Financial IT
Comment / UK Visa Concessions for Ukrainians: Zopa Bank to Immediately Sponsor 50 Work Visas Following New Home Office Guidance, Calls on Wider UK Fintech Community to Extend Support

We have been observing with growing alarm and concern the unfolding of a fully-fledged armed conflict in Ukraine.

 

Tuesday, March 1, 2022 - 09:06
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/news/banking/comment-uk-visa-concessions-ukrainians-zopa-bank-immediately-sponsor-50-work-visas
Financial IT
payabl. partners with Know Your Customer for Seamless Merchant Onboarding Across Europe

Today payabl. the international merchant acquirer that enables businesses to take payments easily, reliably and securely, announces it is joining forces with RegTech provider Know Your Customer, to offer fully digital, secure and seamless onboarding to merchants worldwide.

Tuesday, March 1, 2022 - 08:57
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/news/payments/payabl-partners-know-your-customer-seamless-merchant-onboarding-across-europe
Financial IT
Ignition Advice appoints new Chief Operations Officer for Europe

Ignition Advice, the global provider of advice technology, has appointed Will Drew as its new Chief Operations Officer for Europe.

Tuesday, March 1, 2022 - 08:54
45995
/news/people-moves/ignition-advice-appoints-new-chief-operations-officer-europe
Financial IT

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