Trustly announces strategic minority investment by a consortium of investors to support further expansion
- 5 years 3 days ago
- Investment Management, Payments, Online Banking
BlackRock Private Equity Partners, through its private equity funds and accounts under management, together with a consortium of institutional investors, including among others, Aberdeen Standard Investments, funds managed by Neuberger Berman, Investment Corporation of Dubai and RSIC, are becoming minority shareholders in Trustly, the world’s leading online account-to-account (A2A) payments provider. Nordic Capital remains the majority... more
First Bank partners with HTMA to debut Kids Cash and Plinqit savings app
- 5 years 3 days ago
- Banking
First Bank announced today that it has partnered with HT Mobile Apps (HTMA) to offer Kids Cash, a free mobile application designed to educate children ages three to 12 years old on the benefits of saving, and Plinqit, the only savings app that pays users for learning about personal finances.
Fintechs Must Take Part in COVID-19 Recovery, says Bruc Bond
Leading business banking firm Bruc Bond believes small businesses must be helped by fintechs to lessen shock of worldwide pandemic The COVID-19 pandemic has severely crippled the global economy. While social distancing measures have been vital to securing people's lives and enabling effective governmental responses to the pandemic, SMEs around the world have been hit hard by these necessary measures.
Berlin-based Vivid Money launches digital banking services in Germany
- 5 years 4 days ago
- Banking
Vivid Money, a Berlin-based digital banking service, is launching in partnership with solarisBank and Visa. The company claims to be the first mobile-first full-service banking solution, offering cashback programs, sub-accounts in foreign currencies and eventually, investment products, in a single app.
NYMBUS Secures $12M in New Growth Funding
- 5 years 4 days ago
- Banking
MIAMI--(BUSINESS WIRE)--NYMBUS®, a provider of the world’s most advanced financial services platform, today announced it has completed $12 million in a new financing round led by the company’s major shareholders of Insight Partners and Vensure Enterprises.
Tabby secures a $7 million investment to support its launch in Saudi Arabia
- 5 years 4 days ago
- E-Commerce, Lending, Banking
UAE-based buy now, pay later startup Tabby has secured a $7 million investment to support its launch in Saudi Arabia. The funding round was led by Raed Ventures with participation from MSA Capital and existing investor Arbor Ventures.
Auriga launches advanced digital branch solution for assisted remote access to financial services
- 5 years 4 days ago
- Banking
Auriga, a leading supplier of technological solutions for the omnichannel banking and payments industries, today introduced WWS Bank4Me, a new advanced remote banking solution, part of its ‘NextGenBranch’ offer. The new solution allows customers to access all the services of the bank in self-service mode and interact with the bank's consultants via video assistance, in a safe and personalised way.
Celent Names Backbase a Global Leader in Digital Banking
- 5 years 4 days ago
- Banking
Backbase today announced it has topped Celent’s Modern Digital Banking Channel Platform global vendor assessment, coming first in all four categories of the awards. After a thorough analysis of 9 vendors, the report clearly showcases Backbase as the leader in the global digital banking channel platforms vendor landscape. Backbase was praised for its ability to keep ahead of market needs, the flexibility of its platform and the completeness of... more
Zenus Bank appoints Chief Marketing Officer
- 5 years 4 days ago
- Banking, People Moves
Zenus Bank today announced the appointment of seasoned marketeer John Woods to the newly created role of Chief Marketing Officer (CMO). London based (for now) Woods will oversee global marketing strategy, advertising, sponsorship, customer acquisition and the launch of the new digital bank.
Survey released by Temenos finds AI vital for banks' survival in COVID world
- 5 years 4 days ago
- Artificial Intelligence, Covid-19, Banking
Two-thirds of banking executives believe that new technologies such as AI, machine learning will continue to have the greatest impact on the global banking sector in the next five years, according to a global survey conducted by the Economist Intelligence Unit (EIU) on behalf of Temenos (SIX: TEMN), the banking software company.
Tink launches business account aggregation service
Accessing business account information is a necessity for many companies, but they often lack a fast, easy and cost-effective way of fetching relevant, real-time data. Not anymore. Business account data can now be aggregated on the Tink platform alongside personal accounts, offering organisations the chance to instantly and accurately verify business accounts and their owners, check cash flow and more. This is how.
Allica Bank appoints Dipesh Halai as Head of Financial Planning and Analysis
- 5 years 5 days ago
- Banking, People Moves
Allica Bank, the business bank committed to empowering small and medium-sized businesses, has today announced the appointment of Dipesh Halai as Head of Financial Planning and Analysis.
Tinkoff launches first micro-investing service in Russia with Investment Box
- 5 years 5 days ago
- Banking
Tinkoff announces the launch of Investment Box, Russia’s first service for micro-investing offered by a bank. With Investment Box, Tinkoff customers will be able to regularly save small amounts of money when making everyday purchases with debit cards. These savings will be automatically invested in Tinkoff’s Permanent Portfolio exchange-traded funds.
Button Welcomes Bnext As Its First Partner in Southern Europe
- 5 years 5 days ago
- E-Commerce, Banking
Button, the leading mobile commerce technology company, today announced its partnership with Bnext, the biggest mobile-first neobank of Spain. Starting today, Bnext users can seamlessly shop and save money with the largest brands including AliExpress, Groupon, and Black Limba, powered by Button’s technology.
Lunar launches account for teens
- 5 years 1 week ago
- Banking
Nordic challenger bank Lunar has launched an account and card designed to help teenagers better manage their money. The app, specifically for 15 to 17 year olds, offers a basic account and card, spend overview, saving goals, budget tools, instant notifications and free transfers and payments. By targeting teens, Lunar is hoping to secure a pipeline of lucrative adult customers, building up its base of 150,000 users throughout the Nordics.
