Following the sustained growth of Phoebus Software Limited (PSL), the balances of loans and savings serviced on the Phoebus servicing platform have now increased to over £60 billion.

Leading enterprise connectivity platform Yapily has today announced that it has raised $13m in a Series A funding round. The fintech will use the investment to drive open banking adoption by organisations across Europe; providing a strong, secure and powerful connectivity layer that enriches customer experiences and creates financial opportunity.

The investment was led by Lakestar, an early investor in Skype, Spotify, Airbnb and Facebook as well as one of Europe’s biggest fintechs - Revolut. Existing investors HV Holtzbrinck Ventures and LocalGlobe also participated in the round.

Data privacy is high on the global agenda. In the wake of data protection policies such as Europe’s GDPR, ensuring the integrity of personal data is an increasingly pertinent subject. This is a governmental and corporate policy reflection of the fact that our lives are moving increasingly online and, with it, our personal data is facing new and increased threats.  

Remote electronic signature specialist, Cryptomathic, today announces that its popular e-signature platform, Signer, has been chosen by leading Polish digital trust services provider, Eurocert, to extend its capabilities in remote qualified electronic signature (QES) services.

nexo standards, the international association enabling global interoperability in payment acceptance, has welcomed twelve new companies to its membership, bringing the total number of members up to 89.

Kickstart, one of Europe’s largest innovation platforms, is welcoming applications for the fifth iteration of its annual B2B scale-up programme aimed at late-stage start-ups interested in entering the Swiss market. 

Around 100 entrepreneurs will join the three-month programme in September to connect and create specific pilots and commercial projects with one of Kickstart’s 50 corporate and public sector partners, which include businesses like AXA, Roche, Credit Suisse and Lafarge Holcim. 

In line with its new vision to fuel innovation, Africa and Gulf Bank (“AGB”) in Sudan has signed an agreement with Path Solutions, the software specialist for the Islamic financial services industry, in which Path will provide the front-to-back iMAL suite for retail, commercial and corporate banking to be implemented as AGB’s new core banking and channels platform.

Mettle, NatWest’s free standalone digital business account, has announced that FreeAgent, the cloud based accountancy software for small businesses, is available free of charge for its customers. Businesses who sign up to link their Mettle and FreeAgent accounts will save at least £150 a year – the minimum cost of an annual FreeAgent subscription.