• Fundraise: Fin VC and Barclays Bank invest £5.1m into fintech insurance startup Nimbla 
• Growth: Nimbla expands to offer a fully flexible model from single invoice to whole book and scales operations to support more businesses while targeting the £2.6tn embedded fintech opportunity
• Embedded Insurance: Launch of Nimbla API into banks and lenders provides opportunity to offer invoice insurance at the point of issue

Raisin DS turns Raisin Bank into one of the first German cloud banks. Mambu’s flexible technology strengthens Raisin Bank’s position as a BaaS provider for fintechs.

Finastra is teaming up with WTax, a world leader in withholding tax recovery services, to support asset management firms in recovering withholding tax on behalf of their clients. By introducing Fusion Invest customers to WTax, Finastra will help portfolio and investment managers around the world to deliver net savings for end clients, recovering tax that has been levied on income from securities investments in territories where they are non-resident.

Report Provides Additional Insight into Previously Observed Trends

Digital bank Zopa has appointed Graham Robinson as its new Chief Risk Officer.  

Graham joins Zopa as it completes its successful first year as a digital bank and sets its sights on further growth. 

Xantos Labs, the investment adviser for everyday folks, has announced its plans for international expansion following its partnership with Currencycloud, the experts simplifying business in a multi-currency world.

GIFT City & International Financial Services Centres Authority (IFSCA) jointly launched I-Sprint’21 as the global FinTech Hackathon Series on the 7 October 2021. A series of Hackathons cutting across various financial services sectors have been planned under the banner of I-Sprint’21. Sprint01: BankTech, the first of the series focused on the "Banking" sector has been launched. It is being conducted virtually and is open to eligible FinTechs from across the Globe.

The CISI membership has elected Amyr Rocha Lima CFP^TM Chartered FCSI and Peter Moores, Chartered FCSI to its Board of Directors.

The CISI Board of Directors, comprising non-executive directors who are typically employed in senior positions in financial services sector firms, meets five times a year.

The directors are also CISI Trustees and elected either for a term of three years by membership ballot at the AGM or appointed by the Board.

Yapily, the leading open banking infrastructure provider, today announces it has appointed Maria Palmieri as its Head of Public Policy.

Maria brings extensive experience in policy communications, with a proven track record of success in the UK’s digital tech sector, developing and leading a number of cross-organisational projects including the Tech Nation Visa scheme and the Fintech Delivery Panel.