Fintech Companies Froda and Treyd Join Forces to Provide Merchants Better Growth Financing
- 3 years 10 months ago
- Banking
Two of Sweden’s fastest-growing fintech companies are joining forces in a partnership to provide easier and more accessible growth financing for retailers that import goods. A unique, simple, and completely digital credit scoring process enables small and medium-sized businesses to quickly get financing with fair terms and rates. The partnership will launch in Sweden and the UK, with the ambition to expand across Europe.
TIB, N.A. (The Independent BankersBank) Selects Jack Henry to Enable Technology Modernization and Ongoing Innovation
- 3 years 10 months ago
- Banking
Jack Henry™ announced today that it has been selected by TIB, N.A. (The Independent BankersBank), the nation’s largest bankers’ bank, to provide technology infrastructure. This technology will allow community banks to continue innovating, supporting their distinct growth strategies, and competing with larger financial institutions and fintechs.
Svea Bank Acquires Finnish Business of AREX Markets
- 3 years 10 months ago
- Banking
AREX Markets, the data-driven FinTech company that drives financing costs down for SMEs and enables them to get paid quicker, has announced the sale of its Finland operations to Swedish payment and financing institution Svea Bank.
05/12 – Weekly Fintech Recap
- 3 years 10 months ago
- Artificial Intelligence, Open Banking, Payments, Banking, Cloud, M&A Deals, People Moves
Partnerships Paymentology Customer, Tweeq, Among First Fintechs in Saudi Arabia to Receive License from Saudi Central Bank
Paymentology Customer, Tweeq, Among First Fintechs in Saudi Arabia to Receive License from Saudi Central Bank
- 3 years 10 months ago
- Banking
Paymentology, the world’s first truly global issuer-processor, is today proud to announce its support of customer Tweeq, a leading Saudi Fintech, on being among the first in the Kingdom to achieve an e-money license from The Saudi Central Bank (SAMA).
Tuum Appoints UK Sales Director and Opens London Office to Support Strong Market Growth
- 3 years 10 months ago
- Banking
Tuum, the next-generation core banking platform, has today announced the appointment of Giorgio Daher as UK Sales Director. The appointment is part of the company’s wider strategy to support strong demand for Tuum’s technology in the UK , including the opening of a new office in London.
UK Venture Capital Fund Performance Holds Up Despite Adverse Economic Headwinds, Finds Latest Research by the British Business Bank
- 3 years 10 months ago
- Banking
According to the British Business Bank’s latest report, UK Venture Capital Financial Returns 2022, UK VC funds with a 2008 to 2013 vintage have generated a pooled Total Value to Paid In Capital (TVPI) multiple of 2.20, which is 0.11 points higher than last year, demonstrating that UK VC fund valuations have so far been resilient to the adverse headwinds affecting global financial markets. Deterioration in exit opportunities and fundraising... more
Hamburg Commercial Bank Goes Live on nCino
- 3 years 10 months ago
- Banking
nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Hamburg Commercial Bank (HCOB) is now live on the
Bank of the Philippine Islands (BPI) Partners with DT One to Launch International Mobile Load for Clients
- 3 years 10 months ago
- Banking
Bank of the Philippine Islands (BPI), the oldest bank in the Philippines and a pioneer in digital banking, has partnered with the global B2B digital micropayments platform DT One to launch an international mobile load service.
Protean and Fino Payments Bank Tie-up to Expand PAN Card Issuance Services in India
- 3 years 10 months ago
- Banking
Fino Payments Bank has tied up with Protean eGov Technologies (formerly NSDL e-Governance Infrastructure Limited), a market leader in universal, citizen-centric and population-scale e-governance solutions, to expand PAN card issuance services in India, especially in rural areas.
Commerzbank Picks Nexi for Issuing Solutions
- 3 years 10 months ago
- Banking
Commerzbank has chosen Nets, part of the European PayTech
SEBA Hong Kong Opens Hong Kong Office to Establish APAC Presence
- 3 years 10 months ago
- Banking
SEBA Bank AG, a leading crypto bank in Switzerland having a suite of fully regulated banking services, officially opened its Hong Kong office for its subsidiary, SEBA (Hong Kong) Limited (“SEBA Hong Kong”).
BVNK Acquires UK-Licensed E-Money Institution to Accelerate Expansion
- 3 years 10 months ago
- Banking
BVNK, the next-generation payments platform for global businesses, today announces it has acquired UK fintech, System Pay Services Limited (SPS Ltd), to accelerate expansion. SPS Ltd is registered as an EMI (Electronic Money Institution) in the UK and offers a one-stop payment solution for businesses — providing e-money services, e-wallets, and multi-currency accounts for merchants to make, receive, and process payments.
Survey Shows Britons Desire to Increase Trade with European Union to Combat the Cost-of-living Crisis and International Conflict
- 3 years 11 months ago
- Banking
Research announced today shows that Britons, in direct contrast to the Brexit vote in 2016, are keen to increase trade with all European countries. A study of over 1,000 Britons commissioned by iBanFirst, a global financial service provider across banking borders, and conducted by BVA, reveals that over 8 in 10 (80%) UK citizens desire to increase trade with all European countries, whilst just over half (52%) want to increase trade... more
ClearBank Ltd. Reaches Profitability as Revenue Climbs to Over £45M
- 3 years 11 months ago
- Banking
ClearBank Ltd., the enabler of secure accounts, real-time clearing, and Embedded Banking for financial institutions, today announced that it has reached profitability. ClearBank Ltd. has generated £45.4m in revenue YTD and from October has reached monthly profitability in the UK.
