The British fintech company Pockit and the pan-European fintech Monese today announce that they have agreed terms for Pockit to acquire Monese, subject to Change in Control approval by the FCA, creating the leading fintech for the financially underserved and lower-middle-income consumers across the UK and Europe.

Global fintech SumUp has partnered with accounting software platform Xero to enable existing SumUp merchants to sync their sales history to Xero at no additional cost. 

Finastra, a global provider of financial services software applications, has taken a significant step in its journey to becoming a skills-based organization, by joining the Financial Services Skills Commission (FSSC).

Payment approval rates on UnDosTres, a platform for centralizing payments, have risen to industry-leading highs, with over 80% of payments completed. This significant increase in approvals follows a partnership with global fintech Unlimit to facilitate debit and credit card transactions on the Mexican super-app.

Today, Lemon announces the launch of its new, first-of-its-kind financing product, in collaboration with Shawbrook Bank. The unique product is designed to unlock new deals and improve cash flow for Software-as-a-Service (SaaS) vendors, whilst also saving small-to-medium sized businesses (SMBs) a significant amount of money on their SaaS spending. 

Multitude PLC, a listed European fintech company that offers digital lending and online banking services to consumers, SMEs, and other fintechs is pleased to announce that its subsidiary, Multitude Bank has acquired a 9.9% stake in Lea Bank ASA, a Norwegian digital bank dedicated to providing consumer financing across Nordic countries and Spain.

Pairpoint – Vodafone and Sumitomo Corporation’s Economy of Things business – and Mastercard today announced a new collaboration and payments service that will allow fleet, freight, shipping, and logistics operators to authorise machines to trade with other machines on their behalf.

The Derivatives Service Bureau (DSB), the global golden source of reference data for OTC derivatives, today announced that the DSB’s Technology Advisory Committee (TAC) Charter is welcoming new applicants ahead of a new two (2) year term, with an application deadline of 23rd October.

The Derivatives Service Bureau (DSB), the global golden source of reference data for OTC derivatives, today announced that the DSB’s Technology Advisory Committee (TAC) Charter is welcoming new applicants ahead of a new two (2) year term, with an application deadline of 23rd October.

Seamless Saudi Arabia, the leading event for payments, fintech, and digital commerce in the region, announced today the renewal of its strategic partnership with mada, the national payments scheme, for the third edition of Seamless Saudi Arabia which will be held on 22 – 24 October at the Riyadh Front Centre.