As announced by the World Business Angels Investment Forum, Gagan Arora Founder & CEO – Vertex Group, has been appointed as Senator for India. Senator Gagan Arora will represent India at the Grand Assembly of the World Business Angels Investment Forum. The inclusion of India in WBAF provides a wide range of opportunities for India’s start-ups, scaleups and high growth businesses and opens doors for economic development.

The partnership will allow CellPoint Digital customers to incorporate Vyne into its payment ecosystem and access instant payments without a need for direct integration.

By Lina Andolf-Orup, Senior Director, Global Marketing at Fingerprint Cards

Chip, the digital savings account, has launched the ‘OnlyFunds’ hotline, a free phone line inspired by the adult hotlines of the 80s and 90s, to help consumers say no to impulse buying and encourage saving this Black Friday and Cyber Monday. The fintech’s tongue-in-cheek hotline is free to call on 0800-07-89-574, and more information can be found on OnlyFunds.uk.

Mobile purchases will spur digital commerce growth, while smartphones become Latin Americans' new cash pocket, as shown by EBANX's Beyond Borders 2021/2022 study

Funding round led by new investor Atalaya Capital Management, alongside  Allica’s existing lead investor Warwick Capital Partners 

New funding will support Allica’s continued scaling as well as acquisition  of AIB SME lending portfolio 

Allica Bank, the leading fintech SME challenger bank, announces a £110m Series B funding  round led by Atalaya Capital Management*, alongside existing lead investor Warwick Capital  Partners. 

UnionPay, the card scheme with the world’s largest cardholder base, today announces that it has signed a new market development agreement with Nets, a leading payment services provider in the Nordics with a strong footprint across Europe as part of leading European PayTech Nexi Group.

For the fifth consecutive year, FICO is the Innovation category leader

Highlights:

This won’t be the first Open Banking article you’ve read over the last couple of years. Speculation about Open Banking changing financial services has been dominating the trade press for years. While some interesting services have been developed, nothing has really shaken the industry and changed the direction. However, there are clearer signs that we are about to see Open Banking begin to alter the course of the industry and reset the way it operates. 

Investment, opportunity and risks